Spain-based Comexi, a machine supplier in the flexible packaging industry, expects a 20% increase in its revenue in comparison with 2015 having expanded its footprint and grown sales in CIS and Russia markets. The machine supplier claims ...
Tags: Comexi, Russia Markets
Packaging Corporation of America has reported third quarter 2017 net income of $139m or $1.47 per share and $1.68 per share excluding special items. Third quarter net sales were $1.6 billion in 2017 and $1.5 billion in 2016. Special ...
Tags: Packaging, Special items
Spain-based paper mill company Europac Group has increased its net profit by 81.8% to £58.2m for the first nine months of the year compared to the same period last year. The company made a turnover of €876.9m in the reported ...
Tags: Europac, paper mill
Packaging firm Sonoco has reported an increase of 9.6% in its net sales in this year’s third quarter compared to the same quarter in the last year. The sales have been increased due to higher selling prices, as well as sales added ...
Clearwater Paper Corporation has reported financial results for the third quarter of 2017. The company reported net sales of $426.5 million for the third quarter of 2017, down 2.0% compared to net sales of $435.3 million for the third ...
Tags: Clearwater Paper, Packaging
Hilton Food Group will invest nearly NZ$54m ($38.7m) to build a new meat processing facility in South Auckland, New Zealand. The UK-based meat processing company will exclusively supply the meat products from the new facility to New ...
Tags: Hilton Food, meat processing
As many as 2.9 billion aluminium aerosol cans were produced across the world in the first half of 2017 by the members of the International Organisation of Aluminium Aerosol Container Manufacturers (AEROBAL). The output, according to the ...
Tags: aerosol cans, beauty products
Feilo Sylvania, a lighting vendor owned by China-based Shanghai Feilo Acoustics, has announced its entry into the Taiwan market by launching LED light tubes, bulbs and streetlamps. Shanghai Feilo Acoustics acquired an 80% stake in ...
Tags: LED Lighting, Feilo Sylvania
Corrugated packaging firm WestRock has priced $500m aggregate principal amount of 3.00% senior notes due 2024 and $500m aggregate principal amount of 3.375% senior notes due 2027. The notes will be guaranteed by certain WestRock ...
Tags: Corrugated packaging, packaging
Cree Inc of Durham, NC, USA (which makes lighting-class LEDs, LED lighting and power semiconductors) has granted a royalty-bearing, non-exclusive patent license on certain Cree patents for certain LED luminaires to Light Polymers Inc of San ...
Tags: Cree LED, LED lighting
With declining prices and increased efficacy of LEDs continuing to drive the adoption, global LED lamp shipments will increase from 961.1 million in 2017 to nearly 2 billion in 2026, according to the report ‘Market Data: LED Global ...
Tags: Lighting market, LED Lamp
Sappi has reported a net profit of $58m for this financial year’s third quarter, compared to $32m for the same period last year. For Q3, its earnings per share stood at $0.11, excluding special items. Sappi had also reduced its debt ...
Tags: Sappi
Corrugated packaging company Smurfit Kappa has reported a drop in second-quarter profit but said its revenue increased, due to strong demand in majority of markets. The company's pretax profit during the three months ended 30 June 2017, ...
Tags: Corrugated packaging, packaging
Mayka Tape first went viral on Indiegogo earlier this year, under the name Nimuno Loops. Zuru is joining forces with the UK’s LEGO fan convention, Bricklive, for the unveiling of the Mayka Toy Block Tape. Zuru has designed an ...
Tags: Mayka Tape, Toy Block Tape
Sonoco-Alcore said it will again raise prices for paper-based tubes and cores, effective from shipments starting on 24 July 2017. Karsten Kemmerling, Director of Sales and Marketing - Tubes and Cores, Europe, said: "Prices of coreboard ...
Tags: Sonoco-Alcore, Tubes