Swiss company Aryzta said its hike in revenue growth in the first six months of the financial year 2011 has been underpinned by its strategic acquisitions including Fresh Start and Maidstone Bakeries but it notes ongoing input cost pressures.
Huhtamaki said its decision to reveal for the first time in 2010 a definite forecast for its full year EBIT did not signal a huge jump in its operating profits or a change in the overall economic environment.
A clear aluminium oxide coated barrier film to be launched onto the North American market offers significant cost savings over similar previous metallized packaging, said the US company behind the move.
Rexam said demand for beverage cans continues to fall in Europe and North America but was confident of meeting market expectations for the full-year as cost reductions and currency gains had offset weak sales.
Global demand for containerboard is forecast to rise over the next 15 years with Chinese consumption, expected to increase by nearly 7 per cent, leading the growth, according to a new report from RISI; the organization dedicated to providing information...
Bunge has begun construction on a new grain export terminal it claims will be the first such structure to be built in North America for twenty years as part of attempts to meet strong Asian demand for its products.
Food and beverage packaging supplier, Borealis, reported a fall in pre-tax profit to €239m for 2008, down 55 per cent from the record profit of 2007, but it maintained that its results were solid despite the deteriorating market conditions.