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New Hand Tool Applications Shine Promising Light to Taiwanese Makers
Apr 1, 2019Hand tool manufacturing has been one of Taiwan's traditional industries with strong presence in the global market for decades, and now is witnessing an ever brighter future, mostly thanks to new applications and upgraded production ...
Tags: Hand Tool, traditional industries
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Reusable Packaging Association Launches Switch, Save + Sell Campaign to Promote Reusable Transport Packaging in Food Applications
May 4, 2018The Reusable Packaging Association (RPA) has launched a new campaign to promote the value of reusable transport packaging systems for the movement of food from farm, producer, or processor to point of sale. The campaign demonstrates how ...
Tags: Reusable Packaging
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Coveris to Divest Americas Packaging Business for $1.32bn
Apr 4, 2018Packaging manufacturer Coveris has agreed to divest its Americas packaging business to Transcontinental (TC Transcontinental) in a deal worth $1.320bn. Coveris Americas, which is a subsidiary of Sun Capital Partners portfolio firm ...
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Koenig & Bauer Achieves Targets for 2017
Mar 26, 2018Koenig & Bauer has fully achieved or exceeded its guidance for 2017, driven by strong revenue and earnings in the fourth quarter. The printing press manufacturer’s consolidated figures show that with the increase in revenue, ...
Tags: Koenig&Bauer, packaging
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Hormel Foods Merges Specialty Foods Segment Into Grocery Products Segment
Nov 23, 2017Hormel Foods has merged its specialty foods segment into its grocery products segment. It will continue to be led by Luis Marconi, group vice president, Grocery Products. The primary focus of the segment is on delivering a strong branded ...
Tags: Hormel Foods, Grocery Products
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Frutarom Acquires Ab-Fortis Activity From Spain's AB-Biotics
Nov 13, 2017Frutarom Industries has signed an agreement with AB Biotics of Spain for the acquisition of the activity of AB-Fortis with its patent-protected micro-encapsulation technology that facilitates delivery of iron with increased biological ...
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Avery Dennison's Sales Increases in 2017 Third Quarter
Oct 27, 2017Avery Dennison has announced preliminary, unaudited results for its third quarter ended 30 September 2017. All non-GAAP financial measures referenced in this document are reconciled to GAAP in the attached tables. Unless otherwise ...
Tags: Avery Dennison
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Ball to Cease Food Can Production at Springdale Facility in US
Sep 29, 2017Sustainable packaging solutions provider Ball has announced plans to stop the production of food cans at its packaging facility in Arkansas, US. The company intends to cease food can production at its tinplate food and aerosol packaging ...
Tags: Food Can, Sustainable packaging
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PSA Group Completes Acquisition of GM's Opel, Vauxhall Brands
Aug 3, 2017French automaker PSA Group (Groupe PSA) has completed the acquisition of General Motors' (GM) European brands Opel and Vauxhall. With the acquisition now being officially complete, PSA Group has become the second largest automaker in ...
Tags: PSA Group, General Motor
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Stora Enso to Sell 35% Stake in Bulleh Shah Packaging
Jul 31, 2017Finland based pulp and paper manufacturer Stora Enso has agreed to sell its 35% stake in Bulleh Shah Packaging (BSP) to the majority share holder Packages Ltd for €6m. Bulleh Shah Packaging, based in Pakistan, is a joint venture ...
Tags: Stora Enso, Bulleh Shah Packaging
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EU Approves PSA's Proposed Acquisition of Opel Vauxhall Automotive Business
Jul 7, 2017French-automaker PSA Group has received approval from the European Union antitrust authorities for the acquisition of Opel and Vauxhall brands from General Motors. Through the acquisition, PSA plans to make profitable growth not only in ...
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Heidelberg Buys Fujifilm's Coatings and Pressroom Chemicals Operations in Emea Region
Jun 12, 2017Germany-based Heidelberger Druckmaschinen has acquired Fujifilm’s coatings and pressroom chemicals operations in the EMEA region. The acquisition allows the German firm to expand in the segment related to consumables. The ...
Tags: Fujifilm's Coatings, Chemicals
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Sealed Air's Net Sales Increases in Q1 2017
May 15, 2017Sealed 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
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Danone Puts Stonyfield up for Sale to Complete Whitewave Acquisition
Apr 5, 2017Danone has agreed to divest one of its US dairy subsidiaries, Stonyfield, to secure approval from US antitrust authorities for its $10bn acquisition of soy-milk maker WhiteWave Foods. The French dairy giant has reached an agreement in ...
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PSA Signs Two JV Deals with Ck Birla to Manufacture Cars, Engines in India
Feb 13, 2017The PSA Group and the CK Birla Group have sign joint-venture (JV) agreements to produce and sell vehicles and components in India by 2020. The ceremony of signature lays the foundation for a long term partnership between the two Groups ...
Tags: PSA Group, CK Birla Group