Xiamen Yinlu Tongmou, one of the biggest food and beverage groups
on the Chinese market, recently contracted Italian company Procomac
to fit a complete PET aseptic filling line for its latest
production facility.
German company Gneuss claims that its latest Rotary filtration
system, used to improve the quality of PET bottles, has made its
mark with manufacturers in Europe.
Rexam, the global consumer packaging company, has reached an
agreement with family shareholders to acquire 100 per cent of Lüner
Glashüttenwerke, a German glass container manufacturer.
Ball Corporation has completed its acquisition of
Schmalbach-Lubeca, the second largest manufacturer of beverage cans
in Europe, for approximately €900 million in cash.
Associated British Foods, the UK-based international food,
ingredients and retail group, has announced that it has sold its
glass packaging business, Allied Glass Containers, to its
management who are supported by Close Brothers Private...
Ball Corporation, the US packaging group has said that it will ask
for consentfrom its senior note holders to launch a $200 million
(€201.5m) offering of senior notes with a maturity of 10 years, in
connection with its proposed acquisition...
Significant investment by South African packaging group Astrapak
has helped the company's revenue climb a staggering 65 per cent in
the six months to August, CE Ray Crewe-Brown announced yesterday.
Although the future of the EC Merger Regulations Committee might
have been thrown into doubt, the recent overruling that allows
Tetra Laval to go ahead with its plans to acquire Sidel paves the
way for an increased presence in the...
Ball, the US-based global food packaging provider, has reported
third quarter earnings of $50 million (€51.2m) on sales of $1.039
billion, compared to $35.7 million on sales of $1 billion in the
same period a year ago.
An investment approaching €1.6 million has just been completed at
Berryman's glass treatment plant in West Yorkshire, UK, which the
company claims has created the largest colour enhancement facility
in the country.
Philippines group San Miguel Corp plans to invest $140 million
(€144m) to build two glass plants in Australia, according to a
report in the Australian Financial Review.
Pepsi-Cola North America (PCNA) and Marion Pepsi-Cola Bottling said
on Thursday that they have reached an agreement to settle legal
action, pending since June 1999, involving the two long-time
business partners.
Having closed its Irish Glass Bottle Company with the loss of 375
jobs earlier this year, Ardagh has reported an operating profit
from its continuing operations of €14.6 million in the first half.
Ball Corporation will release its third quarter 2002 earnings on
Thursday 24 October before trading begins on the New York Stock
Exchange. At 9am US Mountain Time, Ball will hold its regular
quarterly conference call on the company's...
The board of the National Stock Exchange of Lithuania (NSEL) has
decided to remove shares in Grafobal Vilnius, the paper and
paperboard packaging manufacturer, from the bourse's Current List
of Trading with effect from 1November,...
United Glass has officially opened its glass recycling centre in
Alloa, Scotland. The £1.3 million (€2m) project was funded by an
investment of Packaging Recovery Note money to construct the
processing plant and a new visitor centre.
United Glass has confirmed that it is making a €1.9 million
investment in what will be the first phase of a major upgrade of
its glass recycling and processing plant at Alloa, Scotland.
Alcan, the Canadian-based beverage packaging provider, has signed a
letter of intent to sell its moulded glass operations in the US and
China to the US-based Glass Group.
Lithuanian company Putoksnis PET Packaging has expanded its preform
production capacities by introducing new design PET preforms of 34g
and 36g specially created for 1.5 litre bottles.
Procomac, the Italian-based provider of beverage filling lines, has
developed a method to bottle fruit nectars and juices in PET
containers using aseptic processing systems.
Midwest Coca-Cola Bottling Company, a US marketer and distributor
of Coca-Cola products, has announced it has completed the
acquisition of the Coca-Cola Bottling Company of Austin and
Rochester.
Valpak, the UK packaging recycling organisation, has joined forces
with six local authorities in England to provide kerbside glass
collection facilities for local residents.
The amount of glass recycled for packaging increased to 35 per cent
in 2001 according to figures released by Glasspac, the packaging
promotions arm of British Glass.
Grafobal Vilnius, one of the leading paper and paperboard packaging
manufacturers in Lithuania, has reported a strong rise in earnings
for the first six months of the year.
PTC is to supply UK glass packager United Glass with technology
that could help it influence product design for leading drinks
companies such as Scottish Courage and Anheuser Busch.
Fast growing privately held fatty acid producer Twin Rivers
Technologies LP of Massachusetts, USA, has closed a deal to
purchase The Procter & Gamble Companies Olestra plant in
Cincinnati, Ohio.
VantagePoint Systems, a Canada-based developer of business
management software for the corrugated packaging industry, has
entered into an agreement to acquire Avalon Printing Software of
Leicester, UK.
Single-use food service disposables manufacturer Sweetheart Cup and
EarthShell have signed a letter of intent naming Sweetheart the
primary North American supplier of EarthShell Packaging.
In Argentina Roberto Luka and Manuel Gallardo, former General
Mangers of the wineries Finca Flichman and Seagram have decided to
open their own respective wineries in Mendoza province, Argentina.
Graham Packaging Company, a global designer and manufacturer of
customised blow-moulded plastic containers, is using its newly
developed proprietary Active Cage technology to produce two new PET
plastic (polyethylene terephthalate)...
Rexam, the global food and beverage packaging manufacturer, has
boosted longer-term confidence within its sector after chairman,
Jeremy Lancaster, made positive comments about its outlook for
future trading during the annual general...
Krones, the German-based manufacturer of bottling plant equipment,
this year reported first-quarterly turnover up by 16.6 per cent to
€344.8 million and incoming orders up by 2.7 per cent to €346.5
million. Profits in the year's...
Ardagh, the Irish glass packaging group which is closing its
Ringsend plant, saw pre-tax profits plummet to €2.4 million last
year compared with €8.9 million in 2000.
Foster's Group, the Australian beer, wine and leisure company, has
said that its Carlton & United Breweries subsidiary has
purchased a 65 per cent stake in BCB Beverages Australia for A$7.2
million (€4.3m), including debt.
The US-based Ball Corporation has reported that its first quarter
profits for the group's packaging segment are up nearly $4 million
(€4.4 million), while sales had only risen marginally.Earnings in
the segment were $55.8 million...
Mitsubishi Polyester Film (Americas) has announced plans for a
capital investment that will convert one of the existing PET film
lines into the production of PET shrink films, widely used in the
food packaging industry.
