Steve Cahillane said the breakfast cereal giant – which so far has essentially avoided hiking prices – is finally expecting to crumple amid worsening inflation, lingering supply chain disruptions, a workers’ strike, a plant fire and the war in Ukraine.
Hostess Brands has posted ‘outstanding’ Q1 2022 results, driven by accelerated innovation and marketing capabilities to drive greater engagement with consumers.
BASF, a major supplier of polymers and other chemicals for use in a variety of industries like consumer packaging, said that it is raising the prices for its paper and card board dispersions by up to 20 per cent with immediate effect.
UK-based Premier Foods had an organic sales gain of three per cent
in the four months to the end of October and said its is on
course to meet its market forecast for the full year.
Rexam, which shed its UK glass unit for a £24m loss earlier this
year, said today it has benefited in the first half of 2005 by
successfully passing on aluminium price increases to its
beveragecan customers.
Higher raw-material costs in the US and to a lesser extent in
Europe has put pressure on the operating profits of most plastic
packing companies and has led to price increases fortheir
customers, according to the latest credit report...
World steel consumption is still being driven by strong Chinese
demand, and steel giant Arcelor's third quarter results underline
this trend, writes Anthony Fletcher. But is the end of high
prices in sight?
In line with other packaged food companies such as Unilever and
General Mills, ConAgra Foods has posted lower quarterly profit due
largely to higher raw material costs.
