Graham Packaging hopes to tap US growth in refrigerated juice and drinks with a new carafe-style PET bottle pitched as an alternative to gable-top cartons, traditional plastic bottles and glass.
Silgan Holdings’ proposed US$1.3bn take over of Graham Packaging was under threat yesterday after a mystery bidder stepped in with a higher offer for the rigid packaging outfit.
Silgan Holdings Inc has announced it is to buy Graham Packaging for US$4.1bn to create a global food and beverage packaging powerhouse with combined annual revenues reaching $6.2bn.
The launch of a new bottling format by soft drink group Honest Tea is claimed to be the latest development in an ongoing focus for light weighted products by the pack’s supplier.
In a move that brings it closer to a key customer, Graham Packaging
has opened a new bottle-making plant in Zoetemeer, the Netherlands,
on site with Royal Numico.
Food companies can now get directly involved in designing the
plastic packaging for their products, through a special workshop
created by Graham Packaging.
Six months after its acquisition of Owens-Illinois' plastics unit,
Graham Packaging has reported a net loss of $11.5 million (€ 9.1
million) for the first quarter of this year, even though net sales
increased by 138 per cent...
New pre-designed metal closures for European manufacturers of jams
and honey have been developed by Crown Holdings. The company claims
that the concept will help companies achieve greater
cost-effectiveness while ensuring complete...
Packaging that reacts to its environment could help food
manufacturers preserve food for longer and help consumers to
recognise when a particular product has reached its sell-by date.
This, says one industry expert, is the future...
A new rectangular PET (polyethylene terephthalate) hot-fill bottle,
which allows for more efficient shipping, has been launched in the
US. This could prove to be a blessing for suppliers, as shipping
rates have risen 10 - 25 per cent...
Graham Packaging, which postponed last year's initial public
offering because of weak market conditions, has reformulated the
offering, cutting the size by 22 per cent and raising the estimated
price range.
Graham Packaging Company, a worldwide provider in the design,
manufacture and sale of customised blow-moulded plastic containers,
has announced that it is to sell stocks in its wholly-owned
subsidiary, GPC Capital to a maximum value...
