TrenStar has announced that it has concluded an agreement with
Scottish Courage Limited, part of Scottish & Newcastle plc and
one of the largest brewers in Europe, to acquire the beer keg fleet
of Scottish Courage (some 1.9 million...
US-based consumer goods giant P&G delivered double-digit volume
and core earnings per share growth for the January-March quarter,
ended 31 March, exceeding analysts' estimates. However, earnings in
the food and beverage segment,...
US company Ivex Packaging Corporation has reported that its sales
for the first quarter of this year have fallen from $159.5 million
(€176.5 million) to $140.2 million. However, net income for the
quarter increased to $5.8 million,...
UK supermarket chain Asda has won a victory in its legal battle
with Italian ham producers after an adviser to the European Union's
highest court said it could sell prosciutto under the Parma ham
name - even if the product was...
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...
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...
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...
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...
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.
Armfield, the UK processing equipment manufacturer, has teamed up
with US counterpart RBD Technologies of Los Osos, California, and
compatriot Ebortec, to offer a full range of small scale edible oil
The worldwide market for automation products and services for
process industries, worth more than $44 billion in 2001, is
expected to grow at the compounded annual growth rate (CAGR) of
just over 5 per cent over the next five years,...