Global packaging firm Sonoco has completed the acquisition of US firm Highland Packaging Solutions for about $150m. Highland Packaging, which is based in Plant City of Florida, provides thermoformed packaging for fresh fruits, vegetables ...
Tags: Sonoco, Packaging, vegetables
Packaging firm Sonoco has reported a 13.7% increase in net sales to $1.30bn for the fourth quarter of 2017, compared to $1.14bn for the same period in 2016. The company said the growth in net sales was supported by acquisitions, net of ...
Tags: Packaging, packaging segment
Lower capacity utilisation drove down operating earnings by 23 per cent year over year at the fibre division of Eastman Chemical in the first quarter ended March 31, 2015. “First quarter of 2015 operating earnings dived to $90 ...
· Second quarter net sales of $4.1 billion, up 5 percent versus prior year · All-time quarterly record adjusted earnings per diluted share from continuing operations of $2.83, up 24 percent year-over-year ...
Tags: PPG, Net Sales, Construction
PPG Industries reported record first quarter 2014 net sales from continuing operations of $3.6 billion, up $528 million, or 17 percent, versus the prior year. First quarter 2014 reported net income from continuing operations was $277 ...
Tags: PPG, Construction, Decoration
Kraft Foods Group, Inc. today reported third quarter results that reflected significant cost savings that outpaced brand-building reinvestments, as well as a negative impact from comparisons with unusually high product shipments in the ...
Tags: Kraft Foods, negative impact
US chocolate manufacturer Hershey has reported that its net earnings increased by 21.77% to $241.91m for the first quarter of 2013, compared with $198.65m for the same quarter in 2012. The company attributed the increase in net earnings ...
The US-based firm reported earnings of $51m, or 28 cents per share for the three months that ended 30 September. This is down from $117m, or 67 cents per share, a year ago. Adjusted for restructuring charges and income from discontinued ...
Tags: solid volume growth, corrugated packaging, health care packaging