APPE scoops awards for PET bottles
APPE has won two awards for its innovations in mineral water polyethylene terephthalate (PET) packaging.
Archives for July 18, 2012
Ardagh acquisition raises US glass industry share to almost a quarter of the market
Ardagh has announced it will acquire Anchor Glass Container Corporation for US$880m (€721m) which will raise their share of the US glass industry to almost a quarter of the market.
Nestlé invests in US brain food maker: ‘This is a big strategic move for us’
Two months after Abbott Nutrition described brain food research as “one of our top global priorities”, Nestlé Health Science has acquired a stake in Accera, the US firm behind Axona, a medical food targeted at people with mild to moderate Alzheimer’s.
US packaging firm tilts new carafe towards chilled drinks
Graham Packaging hopes to tap US growth in refrigerated juice and drinks with a new carafe-style PET bottle pitched as an alternative to gable-top cartons, traditional plastic bottles and glass.
Britvic shares ‘best avoided’ for time being – analysts
Weather woes, UK promotional pressure and the gravity of Britvic’s Fruit Shoot recall due to flawed packaging design have put a dampener on the firm’s stock rating with analysts.
Crown Holdings sees Q2 profits dip due to weak European demand
Crown Holdings was hit by weak demand in Europe as Q2 gross profit fell $31m to $340m (€277m) and revenue dropped 4% to $2.18bn.
Portman Group ‘deeply disappointed’ at alcohol reduction pledge reception
While it welcomes a new UK parliament alcohol strategy, influential industry body the Portman Group said it was 'deeply disappointing' that the committee that wrote it did not appreciate the significance of an 'innovative unit reduction pledge'.
BMJ slams sports nutrition & EFSA; Glaxo defends 40 years of science
On the eve of the Olympics, Oxford University academics writing in the British Medical Journal – in conjunction with the BBC Panorama documentary team – have damned sports nutrition products like GlaxoSmithKline’s Lucozade Sport for lacking scientific...
PowerCap technology offers fast market entry for big and small beverage players: Fortitech
All-in-one PowerCaps may offer speedy entry to market for beverage companies, appealing to a multitude of consumers, says Fortitech as it continues to develop cutting-edge on-the-go beverage formats.