News & Analysis for the Beverage Industry
A new $1.9bn (€1.3bn) senior secured credit facility will provide Silgan with greater flexibility in regards to its strategic initiatives to make acquisitions, such as paying dividends, repurchasing stock and incurring additional debt, said the packaging...
UK market researchers Mintel report a shift in young people’s drinking habits with a trend towards greater ‘in the home’ consumption, while analysts also note an increasing preference for premium alcohol brands overall.
Rexam’s half-year results show profit before tax up by 19 per cent on 2010. The growth was driven largely by the packaging company’s beverage can business in Europe, which saw operating profits rise by 12 per cent.
A subsidiary of Austrian bottle and preform producer Alpla is planning to build a PET recycling plant at Lodz, south-west of Warsaw, Poland.
Flavour and fragrance firm Givaudan’s first half net profits crashed by 40 per cent as raw material costs and record currency rates take their toll on the Swiss company, despite good local growth in its flavours businesses.
FMC Corporation is looking to expand its food ingredients portfolio as it strengthens its already strong position in the hydrocolloids market.