Consumer demand for more convenient prepared foods, trends toward
value-added packaging and the growing use of plastic, cups and
pouches, are driving the steady growth in the use of food
containersin the US, according to the Freedonia...
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...
A prototype label for PET bottles has been developed by packaging
giant Alcoa. The label features cutting edge technology that could
open up a number of new packaging design possibilities.
Pactiv has announced that its board of directors has accepted the
resignation of Paul Stecko. The company claims that the resignation
was driven by recent changes in New York Stock Exchange (NYSE)
rules, which make Stecko ineligible...
Pactiv, the global packaging provider, has bought up the plastic
packaging assets of Rock-Tenn Company in the US. The move is part
of the company's aim to expand its APET packaging capabilities.
Wellman, a leading global manufacturer of PET resins, has said it
plans to delay the previously announced modification of the
polyester fibre line at its Mississippi facility in the US.
Wellman, the US-based manufacturer of polyester products used in
packaging resins, has announced that it is taking two steps to
expand its PET resins capacity by approximately 415 million pounds
over the next eighteen months, at an...
Mitsui Chemicals Company and Siam Cementhai Chemicals' joint
venture, Siam Mitsui PTA Company Limited, will complete its second
purified terephthalic acid (PTA) plant in July of this year.
Pactiv Corporation has announced an agreement to purchase Winkler
Forming, a leading thermoformer of amorphous polyethylene
terephthalate (APET) used in food packaging, for $72.5 million,
(€78.5mn) or approximately 7 times EBITDA.
