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FTC Challenges JM Smucker's Purchase of Wesson Oil Brand From Conagra

Mar 7, 2018

J.M. Smucker’s proposed $285m purchase of Conagra Brands’ Wesson cooking oil brand has hit a roadblock with the US Federal Trade Commission (FTC) accusing the deal will reduce competition in the country for canola and vegetable ...

Tags: cooking oil

FUJIFILM Announces Offset Plate Price Increase in Response to Rising Production Costs

Nov 6, 2017

FUJIFILM North America Corporation, Graphic Systems Division announces it will be increasing the prices of its offset printing plates. The price increase is a result of raw material cost increases, most significantly driven by substantial ...

Tags: Graphic Systems, offset printing plates

Packaging Corporation of America's Net Sales Increases in Third Quarter of 2017

Oct 27, 2017

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

Sealed Air Unveils Price Increases for North American Product Care Products

Aug 4, 2017

Sealed Air is implementing a price increase on all products in its North American Product Care division. The increases will be effective September 1, 2017. The price adjustments are the result of escalation in resin costs of over 7% since ...

Tags: Sealed Air, Care Products

International Paper's Profit Drops in Q2

Aug 3, 2017

American paper and pulp giant International Paper has recorded a net profit of $80m, compared to the $209m the company earnt in the first quarter of this year. Last year, during the same period, the company earned $40m. The earnings ...

Tags: paper, pulp

Smurfit Kappa's Quarterly Sales Increase, Profit Drops

Aug 3, 2017

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

Packaging Corporation of America Sales Increase in Q2

Jul 31, 2017

Packaging Corporation of America (PKG) has reported sales of $1.6bn for the second quarter of this year, compared to $1.4bn for the same period last year. The company reported a net income of $143m for the period, compared to $115.9m in ...

Tags: Packaging, containerboard

Graphic Packaging Reports 8% Drop in Sales for Q2

Jul 27, 2017

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

Sonoco-Alcore to Implement Further Price Increases for Tubes & Cores in Europe

Jul 17, 2017

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

Frigoglass Sales Decreases in Q1 2017

May 26, 2017

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

Berry Global Net Income Increases in Q2 Fiscal 2017

May 5, 2017

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 ...

Tags: Berry, Packaging

Packaging Corporation of America's Net Sales Increases in Q1 2017

May 2, 2017

Packaging Corporation of America has reported first quarter 2017 net income of $117m or $1.24 per share and $1.27 per share excluding special items. First quarter net sales were $1.5 billion in 2017 and $1.4 billion in 2016. Reported ...

Tags: Packaging, special items

Vodafone Quietly Raises Prices for Customers Again - Confirmed

Apr 28, 2017

Vodafone is hitting some customers with a second price hike, just weeks after another rise was introduced. The news was first reported by the Financial Times, which claimed that some customers have received texts warning of an unexpected ...

Tags: Vodafone

Sun Chemical to Increase Prices of Inks and Coatings

Apr 28, 2017

Sun Chemical will increase the price of all inks and coatings containing acrylic derivatives effective May 15, 2017. Disruption in the production of certain building blocks used in the making of inks and coatings, such as styrene and ...

Tags: Sun Chemical, Inks, Coatings

Sonoco Reports First Quarter Results for 2017

Apr 24, 2017

Sonoco, one of the largest diversified global packaging companies, has reported financial results for its first quarter, ending 2 April 2017. First Quarter Highlights First quarter 2017 GAAP earnings per diluted share were $0.53, ...

Tags: Sonoco, packaging

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