Price recovery in the US beverage can market and increased beverage
can volumes in Europe helped Rexam, the consumer packaging group,
report a 30 per cent rise in underlying profits for the first six
months of the year.
Glanbia, the Irish dairy food producer, has reported a €40 million
loss for the first half of the year in the wake of a €75 million
restructuring charge relating to the closure of its UK consumer
meats division.
Danish food giant Danisco has confirmed the acquisition of flavours
company Perlarom, as it expands into the Southeast Asia flavours
market, according to a report from Dairy International.
Ball Corporation has agreed to acquire Schmalbach-Lubeca, the
second largest beverage can manufacturer in Europe. Combined, the
two companies produce more than 45 billion beverage cans annually
in North America and Europe.
As part of its business development strategy in India, the
paperboards division of ITC has taken the initiative to create an
awareness among domestic consumers to safely package food products
from indigenous sources.
The Tuna Canners Association of the Philippines is urging the
United States to reassess its trade law and create a level playing
field for tuna product imports, according to a report on Fis.com.
Coca-Cola and its bottlers in Mexico have taken a legal battle over
their marketing and sales practices to the country's federal
courts, hoping to overturn a ruling earlier this year from
regulators.
The CSIR, South Africa's science and technology provider, has said
the South African fishing industry must start using less water
during fish processing, according to a report from fis.com.
Stora Enso has said that it will take a €1.15 billion charge to
help turn its loss-making North American unit to profit as the
world's top paper and board maker grapples with tough economic
conditions.
Barrington Foods has announced that it is to build a packaging
facility near Ho Chi Minh City in cooperation with its Vietnamese
joint venture partner.
Flooring is a subject that is often overlooked by the food and
beverage industry, however, it is an increasingly important part of
safety and overall hygene. In particular polyurethane flooring has
become an accepted benchmark for...
Australian company Plantic has solved the problem of packaging
waste by developing a 'plastic' packaging that is dissolvable. The
material could even provide a feasible alternative to
non-degradable plastic bags, a market...
North American machinery builders who belong to the Packaging
Machinery Manufacturers Institute , shipped an estimated €6 billion
in packaging equipment and parts in 2001.
SureBeam Corporation, the US-based creator of the electron beam
technology for food safety, has announced the opening of its new
southern California food processing centre, located in greater Los
Angeles.
Kliklok-Woodman, a world leader in the manufacture of cartoners,
vertical form-fill-seal systems and end-of-line packaging
equipment, will be introducing an array of new machines at PMMA
Pack Expo in Chicago this year.
Bemis, the US-based flexible packaging company, has reached
agreements to sell its global pressure sensitive materials business
and to acquire Walki Films division.
The US Department of Agriculture has initiated a probe of Tyson
Foods after the company said earlier this week it would restructure
its pork processing business.
The UK-based degradable carrier-bag manufacturer, Symphony Plastic
Technologies, has won a significant contract to supply Somerfield
and Kwik Save stores.
A tax on plastic shopping bags in the Republic of Ireland has cut
their use by more than 90 per cent and raised millions of euros in
revenue, the government has said.
EarthShell Corporation, the US eco packaging provider, has been
recognised with a Silver Award as part of DuPont's 15th annual
Competition for Innovation in Food Processing and Packaging.
China is to nearly double the capacity of its processing industry
of farm produce in the next three years, making it competitive in
the international market.
Solbar Industries, an Israel-based processor of soy proteins and
soy isoflavones, closed its financial year 2001 with significant
growth in sales and profits.
Schneider Packaging Equipment, the US-based specialist in
end-of-line solutions for case packing and palletizing, has
unveiled its new MP-20 Multi-Packer/Bundler.
Japan's Nippon Meat Packers, battered by a beef mislabelling
scandal, will give results of an investigation today at a news
conference in which its founder is expected to resign as chairman.
Coca-Cola is abandoning the "splash graphic" design it
introduced two years ago and returning to the familiar Coke ribbons
for a look on cans and bottles that is traditional but updated, the
company has announced.
The recent losses posted by US irradiation specialist Food
Technology Services have bought into question the future of the
industry. Company losses of more than €152,000 in the quarter
ending 30 June and falling share prices may be...
The Indian state of Karnataka has said that the food processing
industry will have to upgrade technologically and produce
world-class products in order to survive in competitive markets,
the Chief Minister, S.M. Krishna, has said.
A tax on packaging in Thailand will only add to costs,
industrialists say, urging the government to promote recycling and
economical use of the products instead - according to a report in
the Bangkok Post.
The UK food and drink industry has pledged to limit emissions of
greenhouse gases and use recycled packaging wherever possible.
Other targets included reducing the amount of water used in
production and to look at switching to cleaner...
Sales at Hero, the Swiss consumer foods and baking aids group,
increased by more than 10 per cent in the first half of the year,
helped by the acquisition of a majority stake in the German
business of Schwartau in April.
Transporting food and drink over long distances uses less energy
than domestic refrigeration and cooking, the UK food industry has
claimed. The Food and Drink Federation said consumers would not
support any moves to restrict the year-round...
Rexam, the UK-based global consumer packaging company, said it has
completed its exit from coated films and papers with the sale of
its weatherable films business in Lancaster, South Carolina, US,
according to a report from AFX News.
Shares of Mexico's Pepsi-Gemex rose sharply on after US-based Pepsi
Bottling Group has confirmed that a deal has been reached to buy
Mexico's main Pepsi products bottler.
Gordon Food Service, a US broadline foodservice distributor, has
implemented Maximo Mobile Suite, the wireless deployment of MRO
Software's strategic asset management solution, Maximo.
