Raisio chief executive officer Matti Rihko tells us he is moving onto a new venture later this year and was proud to have overseen Raisio’s transition from a challenged regional player into a “profitable international brandhouse” in his 10 years at the...
Starbucks Corporation has invested in Italian boutique bakery Princi and will be bringing the company’s products to its recently announced premium Starbucks Reserve Roastery sites.
General Mills and South Dakota State University are to work together in a bid to improve the nutritional qualities of oats and develop varieties with higher yields.
Signalling its readiness to take the US packaging industry by storm, Chinese packaging equipment manufacturer Tech-Long announced it has hired Keith Boss as chief executive officer, Americas.
Over 20 major food firms have signed up to health and wellness pledges on advertisement to children, consistent product information, open access to formulation policies and employee wellbeing as part of their commitment to Consumer Goods Forum (CGF) targets.
Trades union Usdaw said it was “saddened” to hear of the 140 job cuts planned at breakfast cereal giant Kellogg’s Wrexham factory, part of a global business restructure.
PepsiCo has appointed a new chief executive officer for the Asia, Middle East and Africa (AMEA) region as it aims to bolster penetration in the region.
Graphic Packaging’s CEO and president has revealed he would like the firm “to be bigger” in Latin America but said there are no immediate acquisition plans.
International Paper is “through the transformation plan”, according to its CEO who said the company has been rebuilt and has performance potential with existing assets.
Increasing demand for industry to produce healthier foods helped Novozymes to a strong 2012 performance in its food and drink business, however the Danish enzyme specialist says growth was ‘below expectation’.
Scholle Packaging has acquired controlling interest in Flexpack and WS Packaging has bought Label World from Kamylon Capital to kick off 2013 with a bang.
Spartech Corporation has recorded a drop in sales for the third quarter running in its Packaging Technologies Q4 results but insisted it is positioned to capitalise on expanded customer bases in 2013.
A French firm which aims to meet industry needs for biodegradability in flexible packaging and rigid plastics has received €3.3m to continue its work on polymers.
Sealed Air claimed its food packaging business is ‘back on track’ compared to Q2 despite dropping $20m in net sales and nearly $7m in operating profit year-on-year.
RockTenn saw net sales and total segment income fall year-on-year in its Q4 results for the period ending 30 September due to lower volumes and maintenance outage.
Struggling food firm Goodman Fielder will add further factories to its string of closures as it desperately tries to slash costs and consolidate business.
Pregis Corporation has acquired Inter-Pac for an undisclosed sum and claimed the deal will make them the largest producer of polyethylene sheet in the US.
Ecolab have announced their president, who joined the firm as part of the Nalco merger last year, is leaving to become chief executive officer for chemicals company, Univar.
MeadWestvaco (MWV) said its takeover of closure specialists Polytop Corp fits in with its strategy to expand its end-market operations in food and personal care markets around the world.
Finnish supplier Raisio has turned in a bumper half-year with earnings before interest, tax and depreciation (EBIT) surging from €10.3m to €16.2m – a 73% rise.
Nestle Nutrition and Natural Alternatives International have announced a supply agreement, giving Nestle Nutrition exclusivity in marketing a sustained release tablet form of SR CarnoSyn beta-alanine made by NAI.
