Krones USA has paid $125m to settle a legal dispute ongoing in the US since late 2008, linked to damages claims from third parties who alleged that the company was party to fraudulent practices committed by now defunct beverage firm Le-Nature’s.
Krones tells BeverageDaily.com that it plans to launch a heat-set version of its Contiform 3 stretch blow molder onto the market in 2013, as it revealed runaway sales since the machine's initial 2011 launch.
German beverage machinery supplier Krones says that interest in premium juices and milk-based mixed drinks with natural fruit pieces is growing in key European markets, in the wake of its recent Twin-Flow concept launch.
Krones has warned that damages it may be forced to pay over its alleged involvement in a US fraud and racketeering scam could cut its profits by tens of millions of dollars. The company denies any wrongdoing.
upped the output of its Contiform S series of stretch blow-moulding
machines to 1,800 containers per cavity and hour, at the same time,
an optimisation package is said to have significantly downsized the
Integrated bottling and packaging systems manufacturer Krones is
launching a number of new products including a PET-Asept system
featuring Isolator technology and a new VO-DM-PET volumetric
filling system for water.
Krones, the market leader for beverage filling and packaging
machinery, has reported increased order bookings, sales revenues
and profits for the first quarter of 2004 despite gloomy prognoses
for the German economy. This bodes well...
In order to ensure sustained improvement, packaging giant Krones
yesterday proposed the conversion of non-voting preference shares
into Krones ordinary shares. The company believes that the
liquidity of the Krones stock will be enormously...
Krones, the German equipment provider, has said that since
launching its bottle pockets in 1992 it has produced some ten
million - of which the current design is now said to have maximised
homogeneity and efficiency.
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...