AWB Limited is to invest A$36 million (€21m) to construct new grain
receival centres in Northern New South Wales, Australia, this year
to drive down wheat growers' supply chain costs.
Longview Fibre Company, the US-based packaging provider, has
announced that its net profits fell to $15,000 (€16,000) for its
second fiscal quarter ending on April 30, compared with $4.4
million, the previous year.
A 24-ounce insulated beverage cup, produced by the DIXIE
Foodservice Business of Georgia-Pacific Corporation, has been named
the "Best of the Best" in the US Foodservice & Packaging
Institute's single-use foodservice...
Pall Corporation, the leading US filtration, separation and
purification provider, has reported a drop in both sales and
profits for the third quarter and nine months of fiscal 2002, which
ended April 27, 2002.
Phillip Townsend Associates (PTAI) has indicated that Styrenic
Resins, which is widely used for packaging within the food and
beverage industries, will becoming an increasingly important
material in the future.
In the US Tyson Foods has announced an agreement to sell one of its
two Mallard's Foods processing plants in Modesto, California to
Michael Angelo's Gourmet Foods of Austin, Texas.
Italian company CGTI, Classica Group Technologies, subsidiary of
the Classica Group, is to supply Nestle's Nestec product technology
centre in Switzerland with a microwave heat processing system.
A new brand of organic bread has been launched in Belgium which
will also help protect the environment via a link up with the
Belgium arm of the Worldwide Fund for Nature (WWF).
The UK government has expressed "cautious optimism" that fish
factories put into receivership by the financial problems of the
Albert Fisher Group can be saved.
In the US, farmer-owned Farmland Industries and subsidiary Farmland
Foods have announced plans to rebuild their pork processing plant
located in Albert Lee, Minnesota.
In the US Bake-Line Group, a leading supplier of private label
cookies and crackers, has purchased Turnbull Bakeries, a
Tennessee-based private label manufacturer of biscuit and wafer
products.
The US division of global packaging solutions provider Sonoco has
announced it will close its machinery manufacturing operation in
Fenton, Missouri, by the third quarter of 2002.
Business advisor Ernst & Young has completed the most
comprehensive study in recent years of the global packaging market,
which lends further credence to the growing number of advisors that
are heralding the industry as a safe...
In Australia Coca-Cola Amatil is in advanced negotiations with Visy
Industries on an A$140 million (€85m) deal to sell its PET plastic
bottle manufacturing sites as part of a divestment of non-core
assets.
In the US R & D Equipment Company, which supplies processing
equipment to the oilseed processing industry, has announced that it
has moved into new facilities in Fort Worth, Texas.
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.
