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Huhtamaki to Buy Pressure Sensitive Labels Producer Ajanta Packaging
Mar 27, 2018Finland-based packaging solutions provider Huhtamaki has agreed to acquire India-based Ajanta Packaging to expand its operations in the region. Huhtamaki is paying €13m to acquire the manufacturer of pressure sensitive (PS) labels. ...
Tags: Ajanta Packaging, Packaging
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International Paper's Net Earnings Increase in Full-Year 2017
Feb 8, 2018International Paper has reported full-year 2017 net earnings of $2.1bn ($5.13 per diluted share) compared with net earnings of $904m ($2.18 per diluted share) for full-year 2016. In the fourth quarter of 2017, the Company reported net ...
Tags: International Paper, Paper
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OptiGroup Acquires Packaging Businesses in Romania and Finland
Jan 15, 2018OptiGroup has acquired businesses in Romania and Finland to expand its operations of the industrial and safety solutions segment. Proxima Tapes and Proxima Comserv provide industrial packaging sales and services to the customers in the ...
Tags: OptiGroup, industrial packaging
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UPM Raflatac to Launch New Sample Book for Wine, Spirits, and Craft Beverage Labels
Dec 19, 2017UPM Raflatac is launching a new visual sample book to showcase its premium label materials for wine, spirits, and craft beverages. Designed in collaboration with a team from SGA Corporate & Packaging Design led by chief designer Giacomo ...
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Flint Group Inaugurates New Facility in Turkey
Dec 4, 2017Flint Group has opened a new facility in the cosmopolitan district of Beylikduzu, in Istanbul, Turkey for its packaging division. Located 13km from the main container terminal on the European side of Turkey, the new 3800m² Beylikduzu ...
Tags: Flint Group, packaging
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Huhtamaki Buys International Paper's Foodservice Packaging Operations in China
Sep 11, 2017Finnish food packaging specialist Huhtamaki has completed the purchase of International Paper's foodservice packaging operations in China. The divested business has two facilities in Shanghai and Tianjin and a workforce of about 200 ...
Tags: Foodservice Packaging, Paper
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Huhtamaki to Buy International Paper's Foodservice Packaging Operations in China
Jul 5, 2017Finnish packaging company Huhtamaki has agreed to acquire International Paper’s foodservice packaging operations in China for €15m. The acquisition will include two manufacturing units in Shanghai and Tianjin, which employ ...
Tags: Huhtamaki, Foodservice Packaging
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Balchem Acquires Innovative Food Processors
Jun 9, 2017Balchem, a US-based firm which provides solutions and products for a range of industries globally, has acquired nutrition ingredients maker Innovative Food Processors (IFP) for an undisclosed sum. Headquartered in Faribault, Minnesota, ...
Tags: Balchem, Food Processors
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Bemis' Global Packaging Net Sales Increases in Q1 2017
May 2, 2017Bemis Company has reported financial results for its first quarter ended 31 March, 2017. Initiatives to Improve U.S. Packaging Operations and Profitability As part of the Company’s efforts to improve the profitability of its U.S. ...
Tags: Packaging, Bemis Company
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Huhtamaki Changes Name of Molded Fiber Business Segment
Apr 25, 2017Huhtamaki, a global specialist in packaging for food and drink, has changed the name of its Molded Fiber business segment to Fiber Packaging. The new name is taken into use as of April 27, 2017. Although the name change implies no ...
Tags: Huhtamaki, Molded Fiber
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Audi to Further Expand Business Activities in Chinese Market
Feb 13, 2017German automobile manufacturer Audi is set to further expand its business activities in the Chinese market. Together with its local partner FAW Group, the company has defined 21 key strategy fields with respective goals in a 10-year plan. ...
Tags: Audi, Chinese Market
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Bemis Company Reports Third Quarter Results
Nov 17, 2016Bemis Company reported third quarter 2016 diluted earnings per share from continuing operations of $0.72. Excluding the effect of restructuring and acquisition-related costs detailed in the attached schedule, “Reconciliation of ...
Tags: Bemis Company, diluted earnings
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International Paper Reports Third Quarter 2016 Earnings
Nov 17, 2016International Paper reported third quarter 2016 net earnings attributable to International Paper of $312 million ($0.75 per share) compared with net earnings of $40 million ($0.10 per share) in the second quarter of 2016 and net earnings of ...
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Cascades Announces Results for Third Quarter of 2016
Nov 15, 2016Cascades reports its unaudited financial results for the three month period ended 30 September 2016. Q3 2016 Highlights Sales of $1,021 million (compared to $998 million in Q2 2016 (+2%) and $1,026 million in Q3 2015 (stable))Adjusted ...
Tags: Cascades
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UPM Raflatac Unveils Thermal Top Food Fit PEFC Label Stock for Prepacked Foods
Nov 14, 2016UPM 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
