Graphic Packaging has reported a 8% drop in its net sales to $1.09bn for the second quarter of 2017, compared to $1.10bn reported in the prior year period. Though sales had fallen by 8%, the company stated that its net tons sold increased ...
Tags: Graphic Packaging, Packaging
Graphic Packaging International has completed the previously announced acquisition of Carton Craft and its affiliate Lithocraft. The deal, which was signed last month, was subject to standard closing requirements and regulatory review. ...
Tags: Graphic Packaging, paperboard
French food group Danone has signed a binding agreement to sell its US dairy subsidiary, Stonyfield, to Lactalis for $875m. The price of the deal represents 20 times its earnings before interest, tax, depreciation and amortization ...
US corrugated packaging firm WestRock has agreed to acquire all the assets of New York-based Island Container and an affiliate named Combined Container Industries. Island Container and Combined Container are independent producers of ...
Graphic Packaging International has agreed to acquire Carton Craft and its affiliate Lithocraft for an undisclosed sum. Under the deal, Graphic Packaging will purchase all the assets of both firms, helping to expand the operations of ...
Tags: Graphic Packaging, Packaging
Frigoglass SAIC has announced unaudited results for the first quarter ended 31 March 2017 First Quarter 2017 Highlights Sustained growth momentum in Europe driven by increased sales to Coca-Cola bottlers and breweries Double digit ...
Tags: Frigoglass, bottler
Sealed Air has announced financial results for first quarter 2017, as well as outlook for the complete year. Commenting on these results, Jerome A. Peribere, President and Chief Executive Officer, said, “2017 is a transformational ...
Tags: Sealed Air, Packaging
Novelis, the world leader in aluminum rolling and recycling, has reported record results for the fourth quarter and fiscal year 2017 with significant year-over-year increases in Adjusted EBITDA, net income, free cash flow and automotive ...
Tags: Novelis, automotive
Supremex, a North American manufacturer and marketer of a broad range of stock and custom envelopes and growing provider of packaging and specialty products, announced its results for the first quarter ended 31 March 2017, and declared a ...
For first-quarter 2017, epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has reported revenue of $94.4m, rebounding further from $93.6m last quarter and up 21% on $78m a year ago. This is above ...
Tags: LED Demand, LED industry
Berry Global Group has reported results for its second fiscal 2017 quarter, referred to in the following as the March 2017 quarter. Net income for the March 2017 quarter was $72 million ($0.54 per diluted share) compared to $59 million ...
Veritiv a North American leader in business-to-business distribution solutions, has announced financial results for the first quarter ended 31 March, 2017. "Our first quarter results were mixed," said Mary Laschinger, Chairman and CEO of ...
Sappi North America, a producer and supplier of diversified paper and packaging products, has announced the release of its 2016 sustainability report. The report showcases Sappi's industry leading sustainability performance. "Each year, ...
Libbey, one of the largest glass tableware manufacturers in the world, has reported results for the first quarter ended 31 March 2017 Net sales $173.0 million, down 5.4 percent versus prior year, or down 3.3 percent in constant currency ...
Tags: glass tableware, tableware
Winpak has reported the consolidated results for the first quarter of 2017, which ended on 2 April 2017. Winpak Ltd. manufactures and distributes high-quality packaging materials and related packaging machines.The Company's products are ...
Tags: Winpak, packaging materials