Bank of Scotland has taken a £55 million (€82m) stake in Grampian
Country Food Group, allowing the company to set up a poultry
processing business in Thailand.
Tear tape company P P Payne is supplying its customised Supastrip
Impact printed tape to leading Swiss confectioner Halter Bonbons to
reinforce product differentiation for its Halter Bonbons range.
Throughout Asia demand for machinery and equipment is still largely
satisfied by imports, reflecting a growing need for more Asian
manufacturers to become more active, according to a report in the
Malaysian Times.
AV Packaging, the German packaging joint venture owned by Allianz
Capital Partners and utilities group, is offering €17.78 per share
to small shareholders in fellow packaging company
Schmalbach-Lubeca, in a squeeze-out transaction,...
ConAgra Foods, one of the largest food manufacturers in the US, has
started construction of an estimated $12 million (€12m) addition to
its manufacturing facility in Iowa, according to a report in the
World Herald.
The EU Commissioner for Health and Consumer Protection has said
that new regulations for food safety will simplify the current
regulations. However, warnings have been made that the new
regulations could have a damaging effect on...
Coca-Cola Hellenic Bottling, the second largest bottler of
Coca-Cola products, has announced that it will buy the Swiss
mineral water bottling company Valser Mineralquellen.
Burcon NutraScience Corporation claims that a third-party
engineering report relating to the company's protein separation and
purification technology has proved the process to be financially
viable.
US company Syscan International has teamed up with Merit-Trax
Technologies of Canada to provide an advanced real time tracking
system for the food processing industry.
Dor Chemicals has said that it has signed an agreement to purchase
polypropylene packaging products maker Shorko Australia for $24
million (€24.1m) from Dutch chemical company Basell, according to a
report in the Jerusalem News
Pennexx Foods, a leading provider of case-ready meat to US
supermarkets, is teaming up with Marel USA, the US subsidiary of
one of the world's leading developers of high-tech food industry
equipment, to create a state-of-the-art...
The German firm Steinecker, a subsidiary of Krones, has been
awarded two large-scale orders covering a total order value of €47
million. The Mexican brewing concern Cerveceria
Cuauhtemoc-Moctezuma placed an order with Steinecker that...
The research arm of the Nestle Group has said that in 2003 it will
open its global culinary development and technology centre in
Singen, Southern Germany.
The move will result in a more efficient buildup, transfer and
application...
Cascades has signed an agreement with Brodrene Hartmann to sell all
of its retail egg carton activities in Canada and the USA, allowing
the Danish company to become the second largest supplier of
moulded-fibre egg cartons in North...
With the advent of new technologies and management processes the
way that the bakery and snacks industry is run has changed beyond
all recognition in recent years. Nowhere have these processes and
technologies been further advanced...
Neotame, a new artificial sweetener from NutraSweet, has been given
the go ahead by the US federal government. The sweetener is said to
be 7,000 to 13,000 times sweeter than sugar.
Tetra Laval, the packaging company, has accused the European
competition watchdog of using a "flawed" theory and ignoring
crucial evidence in last year's decision to block its €1.7 billion
takeover of French rival Sidel.
Corus, the Anglo-Dutch steel and aluminium maker, revealed last
night it was discussing a possible tie-up with the Brazilian steel
producer Companhia Siderurgica Nacional (CSN), confirming weeks of
speculation.
Food manufacturer Nestle Philippines is to proceed with its P3
billion (€60m) investment project that will result in increased
production capacity and the introduction of new products that will
strengthen the food firm's presence...
Aetna UK and Weitek have jointly introduced a number of new technologies which the companies claim will revolutionise the bagging of dried and liquid...
An economist has criticised Europe's antitrust watchdog saying it
botched the analysis of the drinks packaging market, as a landmark
appeal by the Swiss-based Tetra Laval Group got under way.
Gainco, the US-based labelling and packaging supplier, has launched
what is claimed to be a ground-breaking system for accurate
high-speed, in-motion weighing and labelling of poultry case goods.
Commerce One, the Business Internet Company, has announced that it
will help Kellogg Company publish critical product information
relating to future packaging design.
Standard & Poor's, the credit ratings agency, has announced
that it has raised its corporate credit rating on Lake Forest,
Ill.-based Pactiv to triple-'B' from triple-'B'-minus.
The European Commission has approved the acquisition by the
Australian company Amcor of the world-wide plastic packaging (PET)
and closure businesses of the German company Schmalbach-Lubeca.
Jefferson Smurfit Group, the world's leading paper-based packaging
company, has announced details of its new customer service
initiative, the Smurfit Extranet.
Alcoa, a leading manufacturer of specialty plastics food packaging,
has completed its previously announced agreement to acquire
Chicago-based Ivex Packaging Corporation.
Tideworks Technology, a leader in terminal management software
solutions, has supplied Dole Food Company with terminal management
and container handling software at the company's 11 marine terminal
locations in North, Central...
Vetropack, a leading Swiss-based manufacturer within the European
glass packaging industry, has agreed to acquire the Slovakian
glassworks Skloobal, Nemsová.
Sensitech, a leading global supplier of cold chain monitoring
systems to the food industry, has been named an "Innovator of the
Year" by SBANE (Smaller Business Association of NewEngland).
Morliny, a meat processing company based in the northeastern town
of Ostróda in Poland expects a stronger euro to boost revenue from
exports and lower demand for imported goods.
Californian-based EarthShell has confirmed that it has laid off 65
per cent of its staff and cut expenses by $2 million (€2m) a month
as it meets its goal of bringing its products to the market.
Colombian brewery Bavaria has announced major plans to invest $1
billion (€1bn) over the next few years to modernise and expand its
current production facilities.
Scientists are developing a hand-held sensor they say will help
save lives by quickly pinpointing the presence of a deadly E. coli
strain and other harmful germs in food and drinks, in some cases
within minutes.
Wellman, the US-based manufacturer of polyester products used in
packaging resins, has announced that it is taking two steps to
expand its PET resins capacity by approximately 415 million pounds
over the next eighteen months, at an...
Sidel, the French manufacturer of machinery for bottle producers,
is expected to return to profitability in 2002, after last year's
€47.5 million net loss.
ConAgra Foods, one of the leading food processors in the US, has
reported a 58.7 per cent profit increase for its fourth quarter,
beating Wall Street estimates on higher sales of major packaged
food brands.
Jefferson Smurfit's US associate company will have to pay around
€126 million on its pulp mills in order for them to comply with
tough new environmental standards expected to take effect shortly.
DS Smith reported lower profits for the year to April as a recovery
in its packaging business was more than offset by lower profits in
office products wholesaling business
Packaging group Bunzl, which supplies food packaging to the
European market, is cutting its historic links with the paper
industry, under a deal to offload its paper distribution business
to Australian firm PaperlinX, according to...
