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business segments
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Brexit, Commodities Force Arla Foods to Launch Cost-Cutting Plan
Apr 24, 2018European dairy giant Arla Foods has initiated an internal transformation program in an effort to realize more than €400m of savings by the end of 2020. The program, dubbed Calcium, seeks to strengthen the company's performance to the ...
Tags: Brexit, Arla Foods
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ADM Announces Realignment of Business Segments Across Four Units
Mar 21, 2018Food processing firm Archer Daniels Midland (ADM) is realigning business segments to further accelerate growth. The company announced the realignment of its business segments across four units – Carbohydrate Solutions, Nutrition, ...
Tags: Food processing
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Hain Celestial Explores Sale of Pure Protein Business
Feb 9, 2018The Hain Celestial Group, a US-based organic and natural products company, is exploring sale of its pure protein business to focus on core brands. The business, known as Hain Pure Protein, comprises the company’s organic poultry ...
Tags: organic products, natural products
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UPM Raflatac to Launch New Labeling Solutions for Medical Device and Healthcare Industry
Oct 18, 2017UPM Raflatac is set to introduce new labeling solutions for medical device and healthcare industry at this year’s CPhl Innopack exhibition in Germany. The event will take place between 24 and 26 October. At the event, the company ...
Tags: Labeling Solutions, Medical Device
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Bobst M1 and M5X Inline Flexo Presses Now Offering Even More
Sep 26, 2017The M1 and M5X inline flexo presses demonstrated on the BOBST stand at Labelexpo Europe 2017, are the latest configurations of the existing presses that have been best sellers in their respective markets. The best Total Cost of Ownership ...
Tags: BOBST, Labelexpo Europe 2017
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Intertape Polymer Completes Acquisition of Cantech
Jul 5, 2017Intertape Polymer Group (IPG) has completed the previously announced acquisition of Montreal, Canada-based tape manufacturing Canadian Technical Tape (Cantech). The purchase allows IPG to expand its tape manufacturing capabilities not ...
Tags: Intertape Polymer, Polymer
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Intertape Polymer Agrees to Acquire Cantech
Jun 14, 2017Packaging products and machinery manufacturer Intertape Polymer Group (IPG) has agreed to acquire Canadian Technical Tape (Cantech) for about $63m. Based in Montreal, Canada, Cantech is a privately-owned North American supplier of ...
Tags: Packaging products, machinery
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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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WestRock Unveils Smart Packaging for Paper-Based CPG Products
Jan 17, 2017Packaging solutions provider WestRock Company has introduced a connected packaging solution for paper-based consumer packaged goods (CPG) products. The solution has been developed by WestRock in collaboration with EVRYTHNG and Digimarc. ...
Tags: WestRock, Smart Packaging
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AptarGroup Reports Quarter Results
Nov 17, 2016AptarGroup has announced quarter results for this year. Third quarter results For the quarter ended September 30, 2016, reported sales increased 1% to $590 million from $586 million a year ago. Excluding the negative impact from changes ...
Tags: AptarGroup, Packaging
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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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Ball Reports Third Quarter 2016 Results
Nov 10, 2016Ball Corporation reported, on a US GAAP basis, breakeven net earnings attributable to the corporation and earnings per diluted share for the third quarter 2016 on sales of $2.8bn, compared to $45m of net earnings attributable to the ...
Tags: Ball Corporation, Packaging
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ZF Establishes Zukunft Ventures GmbH to Accelerate Innovation
Oct 25, 2016ZF has established a company to invest in technology companies. Zukunft Ventures GmbH, headquartered in Friedrichshafen, opened its doors for business in September 2016. The new company’s mission is to identify and invest in companies ...
Tags: Zukunft Ventures
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Hormel Foods Announces New Leadership Appointments
Oct 11, 2016Hormel Foods has announced several new leadership appointments across business segments. James M. Splinter has been appointed to the position of group vice president, corporate strategy. In this new role, Splinter will have responsibility ...
Tags: Hormel Foods, appointment, new leader
