In the US First Atlantic Capital, JPMorgan Partners and Aetna Life
Insurance Company have entered into a definitive agreement to sell
their portfolio company, Berry Plastics Corporation, to GS Capital
Partners 2000, a private equity...
Mitsui Chemicals Company and Siam Cementhai Chemicals' joint
venture, Siam Mitsui PTA Company Limited, will complete its second
purified terephthalic acid (PTA) plant in July of this year.
Liqui-Box Corporation has announced that Liqui-Box shareholders
voted in favour of the previously announced proposal whereby DuPont
Canada's wholly-owned subsidiary, Enhance Packaging Technologies
will acquire all of the outstanding...
The steady performance of the packaging industry during the recent
stock market turmoil is now a recognised phenomenon. Now more and
more financial advisors and analysts are recommending that a safe
bet for steady growth returns is...
US-based DuPont Protein Technologies International and the Shineway
Group, China's largest producer of processed meat, have recently
agreed to jointly invest in soy protein production.
In the UK a new development in micro-flute boarding looks set to
have a major impact on the global packing industry, according to a
report by dotpackaging.
Most executives in the food and beverage industry believe that
customer relationship management is critically important to their
competitive positioning. This is perhaps because it increases
customer satisfaction and productivity...
EarthShell Corporation, the US provider of environmentally friendly
food service packaging, has announced that its manufacturing
partners will receive equipment performance guarantees from
certified equipment vendors, which will enable...
ADCO Manufacturing, based in both the UK and US, has announced the
launch of its Hand Load Cartoner, the ADCO 15DZ, to complement its
existing range of horizontal cartoners.
Graham Packaging Company, a worldwide provider in the design,
manufacture and sale of customised blow-moulded plastic containers,
has announced that it is to sell stocks in its wholly-owned
subsidiary, GPC Capital to a maximum value...
Graviton, a US-based developer of wireless sensory information
networks, has announced the signing of a joint sales and marketing
agreement with Lang Manufacturing, a manufacturer of commercial and
marine food service equipment.
A recent survey conducted in the US has found that consumers prefer
to buy their meat through an in-store fresh meat department with a
butcher. The finding was part of a Food Marketing Institute study
called, 'Consumer Attitudes...
Intentia Thailand, a business software developer, will team up with
its worldwide partner IBM Thailand to serve the food and beverage
business this year.
UK-based food equipment manufacturer Enodis has announced group
profits before tax of £11.3 million (€17.8m) for the first six
months of the financial year ending in March. In a relatively weak
global market, analysts have described...
RedPrairie Corporation, the US-based provider of end-to-end
logistics solutions for the food supply chain, has announced that
it is re-organising its entire company and delivery systems. The
new approach, the company claims, will...
US-based Tyson Foods has announced the company has completed its
purchase of a bacon processing facility in Omaha, Nebraska, from
Millard Refrigerated Services.
Stora Enso, the Finnish paper and packaging company, has approved a
€70 million investment in the Baienfurt Mill in Germany to improve
productivity and serve growing market demand. The investment will
increase the Folding Boxboard...
Nina Plastics, a US-based manufacturer of food packaging items, has
purchased a Novoflex printing press and a Varex blown film line
from Windmoeller and Hoelscher, a German based supplier of premium
equipment with domestic operations...
Heinz and Conagra Foods went head-to-head in the US this week when
they simultaneously unveiled new inverted squeeze ketchup bottles
designed to pour ketchup from the bottom.
Surebeam technology enables new beef sanitising processSureBeam,
the US-based provider of food safety systems, has supplied Wegmans
Food Markets with irradiating equipment that enhances the safety
and flavour of ground beef.
American Italian Pasta Company has begun renovations to produce
pasta at an existing food plant previously occupied by Borden Foods
in Tolleson, Arizona - according to a report by Industrialinfo.com.
A licensing agreement has been signed between US-based Colorcon, a
division of Berwind Pharmaceutical Services, and AgIon
Technologies, enabling Colorcon to use the AgIon antimicrobial
product, No-Tox, in its new product line.
Pactiv Corporation has announced an agreement to purchase Winkler
Forming, a leading thermoformer of amorphous polyethylene
terephthalate (APET) used in food packaging, for $72.5 million,
(€78.5mn) or approximately 7 times EBITDA.
In the US a BOC cryogenic impingement freezer is helping a
hamburger manufacturer in St. Louis, Missouri to increase yield,
reduce nitrogen consumption and save money, after adding it was
added to a processing line.
US company Inland Paperboard and Packaging has announced that it
has acquired the converting operations of Mack Packaging Group, in
Chicago, Illinois, and Mishawaka, Indiana. Inland acquired these
assets from Alwin Kolb GmbH &...
The UK-based BOC Group, which provides the food processing and
glass packaging industries with gas services and related products
on a global basis, has reported profits of £196.2 million for the
six months ending 31 March, down 14...
Crown Cork and Seal, the US-based international supplier of
packaging products, has reported that construction of its new $40
million (€43 million) beverage can manufacturing plant in Seville,
Spain is now on schedule for completion...
Amcor, the Australian packaging company, is now positioning itself
to become a global leading in beverage packaging production. Chief
executive, Russell Jones is playing a major part in cleaning up a
fragmented and underperforming...
North America's leading provider of digital imaging prepress
services to the food and beverage industry, Schawk, has announced
that it has entered into an agreement to acquire the balance of 35
per cent of the outstanding shares...
Graham Packaging Holdings, a US-based international manufacturer of
blow-moulded plastic containers for the food and beverage
industries has reported that unit sales increased 11 per cent in
the first quarter of 2002, compared to...
Global fast-food chains, particularly Tricon and McDonald's, are
turning more to Thai processed chicken supplies, due to problems
related to bird flu in other producing countries.
The Danish Crown group, a leading pork meat processor, made an
interim profit of DKK 578 million (€77m) for the first half of the
financial year 2001/02.
US-based Crown Cork & Seal, one of the global leaders in
beverage packaging and design, has launched a new closure for the
beverage industry aimed at the sports and general activities
markets.
The US Food Processors Association's Supplier Audits for Food
Excellence (NFPA-SAFE) Programme has announced that Catherine
Adams, general manager of Quality Assurance for Heinz USA and Dan
Donahue, vice president of Worldwide...
Amphire Solutions, a US-based provider of supply chain relationship
management solutions, has said that it is has reached agreements
with 75 of the North America's leading foodservice suppliers to
integrate productivity enhancing...
Filipino processed food exporters said in a recent statement that
they expect the government to finally give them the go signal to
directly import sugar as raw materials for their export products
without having to pay high import...
One of three Jefferson Smurfit non-executive directors appointed by
the board to give an impartial assessment of a takeover offer
backed by management fails to meet the guidelines set by Ireland's
corporate governance watchdog.
