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Cirio sells bakery unit

Cirio sells bakery unit

Cirio, the Italian food group which went bankrupt in 2002, has
reached an agreement to sell its industrial bakery unit to a
family-owned group, a further step on the road to recovery.

Good year for Hiestand

Good year for Hiestand

Swiss baked goods group Hiestand has reported strong increases in
both pre-tax and net profits for 2003 on the back of a double-digit
increase in sales, the first results from a new restructuring
programme designed to make the company...

Recycling at double speed

Recycling at double speed

The European Commission has welcomed the agreement reached by the
European Parliament and Council conciliation committee to increase
the minimum recycling targets for packaging waste from 25 to 55 per
cent by 2008. The agreement overcomes...

Europe's food industry steady

Europe's food industry steady

In the wake of terrorist attacks in the US on September 11, 2001
Europe's manufacturing industries have taken a knock but figures
released this week reveal that the food industry is managing the
course, registering a 'light...

Cremonini gets it right

Cremonini gets it right

A move towards higher margin products and an ongoing programme of
debt reduction have helped Italian meat processor Cremonini to a
strong rise in sales and profits in the first three quarters of the
year.

Snacks driving growth at Chips

Snacks driving growth at Chips

Chips Group, the Nordic snack maker, continued its steady growth in
the first nine months of the year, helped by acquisitions in Sweden
and Russia. But while the group said it expected further gains in
most markets this year, it also...

Shift to grocery boosts ABF

Shift to grocery boosts ABF

The addition of two major grocery brands (Mazola and Ovaltine)
helped lift sales and profits at Associated British Foods in the
last 12 months. But the traditional ingredients, agriculture and
retail businesses also improved during...

UK canned

UK canned

The UK has come in for a great deal of criticism from environmental
bodies following the release of figures that show the country is
lagging behind much of the rest of Europe in terms of can
recycling. Pressure group Friends of the...

Finnish feel the pinch

Finnish feel the pinch

Another packaging company, another set of disappointing financial
results. This time it's consumer packaging specialist Huhtamaki,
which has reported earnings before interest, tax and amortisation
(EBITA) of €34 million in the...

Steely resolve

Steely resolve

New data from the Association of European Producers of Steel
Packaging (APEAL) suggests that the recycling of cans and other
steel containers in the EU is becoming well established. Last
year's recycling rate topped 60 per cent...

Put through the mill

Put through the mill

Despite significant restructuring following the acquisition of
Pillsbury in 2001, US bakery and foods giant General Mills is
reported to be satisfied with its overall results for the first
quarter of fiscal 2004.

If it isn't on the label...

If it isn't on the label...

The UK Consumers' Association claims to have revealed a range of
confusing, and sometimes misleading labels on food products. The
results of its honest labelling campaign indicate that food
manufacturers have made little effort...

French bevs go plastic

French bevs go plastic

Glass and aluminium are losing out to plastic as French beverage
packaging manufacturers move towards PET in a big way. But the
entire sector has suffered over the past year, following a poor
summer 2002 which seriously held back...

The PET revolution?

The PET revolution?

Although nearly two thirds of the world's beer continues to be
distributed in refillable glass bottles, the real dynamism in the
drinks packaging market as a whole is coming from PET, claims a new
report from beverage analysts...

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