Amcor Ltd. (AMCR), the world's fourth-largest packaging company,
continues to play an aggressive role in global industry
consolidation, recently announcing that it will acquire Tobepal SA,
the flexible packaging and extrusion...
Tyson Foods Inc., the largest U.S. producer of beef, chicken, and
pork, said on Monday fiscal second-quarter results turned to a
profit as sales rose sharply, boosted by its acquisition last year
of top meatpacker IBP Inc.
A recent report published by The Wall Street Transcript reveals
that the packaging sector, and in particular food packaging, is
currently a steady investment because of its almost guaranteed
long-term performance.
Despite being relegated as the biggest industry in Mauritius, the
sugar industry continues to harvest 600,000 tonnes each year, the
majority of which is exported in its raw state to supply the global
food processing industry.
M.J. Maillis Group has announced the acquisition of stretch
wrapping equipment manufacturer Wulftec International Inc., of
Ayer's Cliff, Québec, Canada.
US Food distributor Fleming Cos., struggling with the bankruptcy of
its biggest customer, Kmart Corp., said Wednesday it is paying $430
million (€475million) to buy two companies that supply convenience
stores.
The Brazilian exports of chicken meat reached more than 80
countries. Poultry raising has been increasing over the last 25
years in Brazil, which has become the second major exporter
worldwide. Brazil represents 18 per cent of the...
Rexam Beverage Can Americas, a division of global consumer
packaging giant Rexam has implemented a business intelligence
solution from Cognos to provide reporting and analysis capabilities
across the enterprise, strengthen customer...
IPER, an Italian supermarket chain, announced this week that it has
launched a natural-based packaging alternative for its thermoform
containers and heat-sealable film overlays.
Output of filled extruded snacks can be improved by 50 per cent
with the introduction of 6-stream dies for co- and triple-extruded
snacks, claims APV Baker.
FKI improves energy efficiency and enhanced levels of control with
packaged FID 3000 drive systems on the brine and water pumps
feeding production line chillers.
Henkel Loctite Adhesives has developed a range of NSF Registered
maintenance products that are specially formulated for use in the
food processing industry.
Stora Enso said on Tuesday it had not yet seen any sustained
recovery in the markets after the world's second biggest paper and
board producer posted weaker first-quarter profits
Bread, biscuits, crisps and french fries, foods frequently eaten by
millions of people around the world, contain alarmingly high
quantities of a cancer-causing chemical, according to Swedish
research released this week. The research...
Movers and shakers from the world of packaging streamed through the
doors of Interpack 2002 in Dusseldorf, Germany on Wednesday to
participate in one of the world's leading packaging trade fairs.
A new materials handling unit for the food industry has been developed by the UK-based Syspal group. The Syspal Carousel is designed for end of line...
Sonoco, the largest US manufacturer of high density polyethylene
(HDPE) bags for the grocery, retail and convenience store
industries, has announced that it will close its bag plant in Santa
Maria, California, and consolidate those...
Chesapeake, the Virginia-based supplier of speciality paperboard
and plastic packaging, slipped into the red in the first quarter of
2002 with net losses of $0.3 million (€0.34m) compared to profits
of $0.3 million a year earlier.
Packaging Dynamics, the producer of specialty bags and wraps for
the food service, supermarkets, bakery and retail industries, is
preparing for life as a separately quoted company once its parent,
Ivex Packaging Corporation, completes...
Amcor, the Australian group which is the world's fourth-largest
packaging company, has continued its foray into the European market
with the acquisition of Tobepal SA, the flexible packaging and
extrusion unit of Spain's...
Canada's beef and veal product exports for 2002 have been lowered
from an earlier forecast, with a decline in US shipments tied to
the drop, according to updated data from the Canadian Beef Export
Federation (CBEF). However,...
Agribuys, the US-based international supply chain integrator for
the food industry, has announced the promotion of Vijay Yajnik to
CEO and president. He has also been elected to the board of
directors of the company. Yajnik joined...
US company Transform Pack International Inc., specialising in a
worldwide spice delivery system, has completed its third quarter of
operations with a significant market and financial improvement over
the same nine months period of...
Italian pasta maker Barilla said it would consider raising its €12
per share bid for Europe's leading baker Kamps AG, should a rival
bidder emerge, a German newspaper reported on Saturday.
US company Corn Products International, Inc. has reported total net
sales for the first quarter of 2002 were $432 million (€486
million), down five per cent from $454 million in the same three
months last year, but up one per cent...
Thailand's first distribution centre focusing on small and
medium-sized enterprises is scheduled to open in June. The concept
will provide a new window for the country's highly successful food
export industry, meeting growing...
US food and beverage sourcing company ecFood has announced a
comprehensive procurement service alliance with US organisation
Retailer Owned Food Distributors & Associates (ROFDA).
America's biggest food company, Kraft Foods, announced a rise of 20
per cent in earnings for the 2002 first quarter, attributing strong
volume growth in beverages, desserts and new products to the
increased earnings.
Alcoa, the US packaging group which makes the Reynolds and Baco
food wrap brands, is to buy the Chicago-based Ivex Packaging
Corporation for around $790 million, broadening its presence in the
food packaging sector.
Armfield, the UK processing equipment manufacturer, has teamed up
with US counterpart RBD Technologies of Los Osos, California, and
compatriot Ebortec, to offer a full range of small scale edible oil
processing equipment.
UK-based meat processor George Adams is planning to roll out an
enterprise resource planning (ERP) system in five of its factories
in a £1 million bid to improve its production procedures.
The worldwide market for automation products and services for
process industries, worth more than $44 billion in 2001, is
expected to grow at the compounded annual growth rate (CAGR) of
just over 5 per cent over the next five years,...
Germany's Boekels group has upgraded its WS 30 kg B and WS 60 kg B
heavy duty weighers, giving them a new weighcell designed by parent
company Sartorius and an EWK 2000 weighing electronics unit.
Rexam, the world's leading producer of beverage cans, has sold two
flexible packaging plants in the UK to Australian group Amcor for
A$30 million (€17.9 million)
DGF Stoess confirmed recently that with effect from 1 April 2002,
the company acquired six of the eight Leiner Davis Gelatin plants
along with two sales offices from Goodman Fielder.
US cereal company Kellogg Co. agreed this week to sell its
Bake-Line Products business to Atlantic Baking Group, the privately
held baking group said on Wednesday.
Consumers might be interested in healthy bakery products but are
still not buying enough to merit dramatic changes in the production
for the bakery industry, reports a recent poll carrried out by
BakeryNet.com.
