News & Analysis on the Bakery and Snacks Industries
Finnish ingredients and branded foods player Raisio – the owner of the stanol-cholesterol reduction brand Benecol, will continue seeking acquisitions, it announced in its 2010 financial statement that saw EBIT come in at €19.4m for the year.
Sonoco-Alcore will increase European prices for all uncoated recycled paperboard grades by €50 Euro, or £45 per metric ton, on all shipments effective February 28, 2011.
Growing retailer demand for multiple pack formats prompted biscuit maker Arnott’s to switch from manual to automatic packing on its speciality biscuit lines, with Cermex adapting case packing equipment and integrating robotics to meet the new speed...
Paper-based packaging giant Smurfit Kappa has met 2010 profit expectations despite major increases in raw material costs over the course of the year.