Goldfarb, Fleming Packaging and Winpak have agreed in principle to
Winpak acquiring the business of fp Webkote, a division of Fleming
Packaging Corporation.
The future looks assured for the food packaging and processing
industries, according to a survey conducted in the US by Madison
Direct Marketing. The results reveal that 82 per cent of parents
with children under five eat takeout...
Gainco, the manufacturer of automated weighing equipment, has
launched a new weigher system to provide fast and accurate
in-motion weighing of poultry products.
Flow International, the US-based provider of waterjet technology
primarily used for food safety applications, has reported further
losses for its food technologies division.
The ownership of UK food producer RHM, formerly known as Ranks
Hovis McDougall, is once again in question, according to a recent
interview. The company may soon change hands for the third time in
a decade.
Aluminium packaging company Alcan is to set up a joint venture with
leading Chinese aluminium producer Qingtongxia Aluminum Company for
participation in its smelter.
Acatris and Schouten Products have opened a new factory for the
production of SoyLife (natural soy germ isoflavone concentrates) in
Poederooijen, the Netherlands.
Smithfield Foods, the largest US pork producer, has reported that
its quarterly profit fell by more than half as an excess of meat,
caused partly by Russia's month-long ban of US poultry imports,
hurt prices.
US-based International Dispensing Corporation has announced that
Wegman's Food Markets of New York has introduced its latest
packaging line, a disposable Beverage Carafe designed to safely
carry 96-ounces of hot brewed coffee.
The enormous growth rate in China's packaged and processed food and
beverage markets is fuelling the interest that has led to the
ProPak China show in Shanghai.
Caraustar Industries, the US-based recycled packaging company,
announced that it will raise prices for its entire tube and core
product line by up to 8 per cent. The increase will apply to all
shipments from 24 June 2002.
The Fridge Vendor, Riverwood International's newest packaging
product for soft drinks, is being introduced in selected US markets
with Dasani bottled water.
Alcoa has announced that its Southern Graphic Systems (SGS) digital
imaging and communications business has acquired privately held
Colorbrite, a leading provider of pre-press and flexographic plates
- the steps between design and...
The DuPont China Group and Henan Luohe's Shuanghui Industrial Group
have set up a new joint venture, Dupont Shuanghui (Luohe) Protein
Company, which will produce soybean protein additive for the
Shuanghui Group. DuPont will takes...
Mexico's largest beverage bottling company, Bepensa, has got the
thumbs up from analysts following an improvement in market
conditions and its business position.
Campbell Soup Company has said that its Australian subsidiary,
Arnott's Biscuits Holdings, has agreed to make a cash offer to buy
outright Snack Foods, a leader in the Australian salty snack
category.
Farmland Industries has said that its pork plants are operating
normally on the first working day after the largest US farm
co-operative filed for Chapter 11 bankruptcy protection.
Smithfield, the biggest US pork processor has bought a majority
stake in Italian food maker Stefano Foods, expanding its deli
offerings to include convenience foods.
New Dragon Asia, the Hong Kong based food processor, has reported a
5 per cent increase in profits and a 7 per cent decrease in total
sales for its first quarter of 2002.
Praxair, the US-based provider of gas related services to the food
and beverage industry, has opened its North American Specialty Gas
Customer Technical Support Center, based at the company's
Pennsylvania facility.
Alocoa, the US packaging solutions provider, has introduced a new
line of more heat-tolerant Reynolon PVC shrink films, aimed at the
packaged foods market.
Panera Bread Company, the US-based bakery franchise, has reached an
agreement with a group of investors to open 14 bakery-cafes in
northwest Los Angeles county. Adler, Glazer and Wyss will operate
under the franchise group name Mariposa...
Farmland Industries, the largest US farmer-owned cooperative, has
filed for bankruptcy protection, unable to meet demands for
immediate debt payments amid a slumping farm economy.
The Alberta Pork Grading Company, the pork grading authority for
the Province of Alberta, Canada, has ordered three Anitech PG-100
Pork Grading Probes for a pork packing plant in Alberta.
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.
