Amcor Ltd. (AMCR), the world's fourth-largest packaging company,
continues to play an aggressive role in global industry
consolidation, recently announcing that it will acquire Tobepal SA,
the flexible packaging and extrusion...
Tyson Foods Inc., the largest U.S. producer of beef, chicken, and
pork, said on Monday fiscal second-quarter results turned to a
profit as sales rose sharply, boosted by its acquisition last year
of top meatpacker IBP Inc.
A recent report published by The Wall Street Transcript reveals
that the packaging sector, and in particular food packaging, is
currently a steady investment because of its almost guaranteed
Despite being relegated as the biggest industry in Mauritius, the
sugar industry continues to harvest 600,000 tonnes each year, the
majority of which is exported in its raw state to supply the global
food processing industry.
US Food distributor Fleming Cos., struggling with the bankruptcy of
its biggest customer, Kmart Corp., said Wednesday it is paying $430
million (€475million) to buy two companies that supply convenience
The Brazilian exports of chicken meat reached more than 80
countries. Poultry raising has been increasing over the last 25
years in Brazil, which has become the second major exporter
worldwide. Brazil represents 18 per cent of the...
Rexam Beverage Can Americas, a division of global consumer
packaging giant Rexam has implemented a business intelligence
solution from Cognos to provide reporting and analysis capabilities
across the enterprise, strengthen customer...
Bread, biscuits, crisps and french fries, foods frequently eaten by
millions of people around the world, contain alarmingly high
quantities of a cancer-causing chemical, according to Swedish
research released this week. The research...
Sonoco, the largest US manufacturer of high density polyethylene
(HDPE) bags for the grocery, retail and convenience store
industries, has announced that it will close its bag plant in Santa
Maria, California, and consolidate those...
Chesapeake, the Virginia-based supplier of speciality paperboard
and plastic packaging, slipped into the red in the first quarter of
2002 with net losses of $0.3 million (€0.34m) compared to profits
of $0.3 million a year earlier.
Packaging Dynamics, the producer of specialty bags and wraps for
the food service, supermarkets, bakery and retail industries, is
preparing for life as a separately quoted company once its parent,
Ivex Packaging Corporation, completes...
Amcor, the Australian group which is the world's fourth-largest
packaging company, has continued its foray into the European market
with the acquisition of Tobepal SA, the flexible packaging and
extrusion unit of Spain's...
Domnick Hunter, international producer of gas and filtration
equipment, has launched a new range of nitrogen gas generators that
can dispense with the need for high-pressure cylinders or liquefied
gas storage in modified atmosphere...
Graphic Packaging International Corporation, the North American
folding carton manufacturer, reported first quarter net income
attributable to common shareholders of $2.4 million (€2.7 million)
on sales of $263.7 million, compared...
Canada's beef and veal product exports for 2002 have been lowered
from an earlier forecast, with a decline in US shipments tied to
the drop, according to updated data from the Canadian Beef Export
Federation (CBEF). However,...
Agribuys, the US-based international supply chain integrator for
the food industry, has announced the promotion of Vijay Yajnik to
CEO and president. He has also been elected to the board of
directors of the company. Yajnik joined...
US company Transform Pack International Inc., specialising in a
worldwide spice delivery system, has completed its third quarter of
operations with a significant market and financial improvement over
the same nine months period of...
FAO, the food and agriculture organisation for the UN, credits
China's vast aquaculture sector with making an important
contribution towards alleviating poverty and improving food
security and social well-being.
US company Corn Products International, Inc. has reported total net
sales for the first quarter of 2002 were $432 million (€486
million), down five per cent from $454 million in the same three
months last year, but up one per cent...
Thailand's first distribution centre focusing on small and
medium-sized enterprises is scheduled to open in June. The concept
will provide a new window for the country's highly successful food
export industry, meeting growing...
French fresh and processed vegetables group Bonduelle has announced
a 34 Per cent increase in the value of its shares on the stock
exchange since January 2002, which it claims have been achieved
thanks to investments in logistics...
America's biggest food company, Kraft Foods, announced a rise of 20
per cent in earnings for the 2002 first quarter, attributing strong
volume growth in beverages, desserts and new products to the
Alcoa, the US packaging group which makes the Reynolds and Baco
food wrap brands, is to buy the Chicago-based Ivex Packaging
Corporation for around $790 million, broadening its presence in the
food packaging sector.