The McVitie’s owner has appointed Tim Brett as managing director for its recently formed business unit that combines its western Europe and emerging markets.
The global market for flexible packaging is projected to be worth more than US$71bn with worldwide consumption set for annual growth of more than 4 per cent to reach almost 22.5m tonnes by 2016, said a new report by Pira International.
Sealed Air Corps said it had made a “modest recovery” in the first quarter but that continuing economic weakness in Europe had held the company back. Its revival would instead be led by growth in emerging markets.
Mondi said it has completed the switch of its corrugated and recycled containerboard packaging operations away from western Europe in a bid to combat overcapacity in region and cut costs.
Global demand for converted flexible packaging is forecast to grow by 3.5 per cent/year to more than 19m tonnes in 2013, according to a new study from Freedonia.
Biopolymers, increasingly seen as a highly promising development in
the plastics industry, will be on special display at Interpack
2005, writes Anthony Fletcher.
Snack markets in western Europe might well be reaching maturity,
but there is still plenty of growth to be found in Russia,
according to Market Advice. The economic crisis of the late
1990s gave domestic producers a chance to outstrip...