Japan
Poor returns blamed on increased VAT after vending machine sales drop
Japan’s vending machine stockers have been seeing sluggish fortunes over the last year as overall sales dropped by 5% last year, down from 2013’s US$42.9bn.
Archives for June 8, 2015
Patent watch
Abbott Labs files patent for ‘better tasting’ nutritional powders
Abbott Laboratories has filed an international patent for a process it says allows it to produce better-tasting powders with improved nutrient content.
Sustainable Foods Summit, Amsterdam
Innovia: 20-30% growth rate for bio plastics producers, driven by the Coca-Cola plant bottle
The packaging industry will see a 20-30% growth rate for bio plastic producers by 2020, driven by the likes of the Coca-Cola plant bottle, according to Innovia Films.
Apollo to buy Verallia for €2,945m from Saint-Gobain
‘There has been some substitution into rigid plastics and stand-up pouches but glass remains a premium product for luxury goods such as beverages’
Saint-Gobain has been in talks with Apollo Global Management, (Apollo) to buy Verallia for €2,945m, due to close at the end of the year, subject to the approval of competition authorities, including the European Commission.