Tetra Pak is making a $35.6m (€30m) investment in factory upgrades at its packaging material converting factory in Denton, Texas, to address the growing demand for screw-cap beverages in the US and Canadian markets.
Dairy cooperative TINE SA has contacted the Norwegian authorities after a report in a local newspaper Dagens Næringsliv (DN) claimed to have exposed an improper supplier relationship between TINE and Tetra Pak.
Prompted by a market that is showing signs of substantial growth, one of the world’s leading food packaging companies will invest US$25.6m to build a plant to manufacture packaging closures in Thailand.
Consumption habits are changing at a fast pace globally and Europe is leading on many of the emerging trends. But, juice and dairy consumption is declining across western Europe, largely driven by the increasingly negative image of processed beverages...