Daibochi Flexibles, a wholly-owned subsidiary of Daibochi Plastic and Packaging Industry, has signed a memorandum of agreement (MOA) with Myanmar Smart Pack Industrial Company to tap into the growing consumer packaging market. As part of ...
Tags: Daibochi, Smart Pack, Flexible Packaging
Intertape Polymer Group Inc., released results for the third quarter ended September 30, 2016. Third Quarter 2016 Highlights (as compared to third quarter 2015): Revenue increased 3.0% to $206.6 million primarily due to the ...
A survey conducted by Contigo found that Americans go to surprising lengths to avoid spilling their drink (and the embarrassment that comes with it). Inspired by the surprising steps that consumers will take to avoid spills, Contigo ...
B&G Foods has announced a 49.2% increase in net sales for the July-September quarter of this year. Highlights (vs. year-ago quarter where applicable): Net sales increased 49.2% to $318.2 millionNet income increased 63.6% to $32.4 ...
Tags: B&G Foods, Financial Results
United Natural Foods (UNFI) announced that its president and CEO Steven Spinner, was appointed chairman of UNFI’s Board of Directors, effective following the Company’s Annual Meeting of Stockholders in December 2016. Mr. ...
Tags: United Natural Foods, Spinner
UPM Raflatac has introduced Thermal Top Food Fit PEFC, a new label stock for prepacked food which are stored in chilled and moist environments. The next-generation label stock has been designed for vacuum and modified atmosphere packaging ...
Tags: Prepacked Foods, UPM
Refresco Group has published third quarter 2016 results. It has reported increased volumes and net profit in Q3 2016. Q3 2016 highlights: Total volume increased 8.0% to 1,803.8 million liters.Co-Packing volumes grew by 61.1% to 486.3 ...
Tags: Refresco Group, Refresco
Errington Cheese has dropped its petition against a ban of all its products by Food Standards Scotland (FSS) following a fatal E.coli outbreak. The company’s cheese products were withdrawn in mid September following investigations ...
Tags: Errington, cheese products
Danish brewing giant Carlsberg Group has reported a 4% decrease in its net revenue to DKK17.53bn ($2.57bn) for the third quarter of this year, compared to DKK18.3bn ($2.7bn) for the same period in 2015. The brewer blamed the negative ...
Catalyst Paper reported significantly improved operating results for the quarter ended 30 September 2016 despite a non-cash impairment write-down of $186.4m on fixed assets at our Powell River, Port Alberni and Crofton paper mills resulting ...
Tags: Catalyst, non-cash impairment
Multi Packaging Solutions International announced results for its first quarter ended 30 September 2016. 1Q FY 2017 vs. 1Q FY 2016: GAAP sales of $407.8 million vs. $459.1 millionNegative foreign exchange impact of $17.4 millionGAAP ...
Tags: Multi Packaging, Packaging
Germany based KBA-Sheetfed has signed a strategic partnership agreement with Flint Group for the worldwide use of latter’s conventional sheet-fed ink series on high-performance KBA Rapida presses. The agreement will see installation ...
Tags: Flint Group, KBA
CTB announced that it has acquired the Volito Group, a designer and manufacturer of cage-free layer housing systems. The company has three locations in the Netherlands, including its headquarters in Veenendaal and manufacturing plants in ...
Tags: Volito Group, CTB
Nestlé Health Science announced that it will make an equity investment of $145m in US-based Aimmune Therapeutics, which corresponds to a 15% stake after completion of the transaction. The parties also entered into a strategic ...
Tags: Food Allergies, Nestle
Good news, gamers: Overwatch is going free-to-play on all platforms next weekend, giving you a chance to try out the brand-new FPS for three days. Blizzard’s first-ever shooter will be available to play for free fro November 18 to ...