Breaking News on Food and Beverage Processing and Packaging

Headlines > Processing

New Dragon 1Q results

New Dragon Asia, the Hong Kong based food processor, has reported a 5 per cent increase in profits and a 7 per cent decrease in...

Dupont confirms Liqui-Box buy

DuPont Canada confirmed the acceptance of its $333 million (€352m) bid for Liqui-Box which makes packaging for food sold to restaurants, fast-food chains and institutions....

Barrington Foods strikes alliance

Barrington Foods has formed a strategic alliance with West Coast Ingredients of California. This alliance will help meet the immediate demand for BFII's products on...

Record profits and further expansion for Panera

Panera Bread Company, the US-based bakery franchise, has reached an agreement with a group of investors to open 14 bakery-cafes in northwest Los Angeles county....

Farmland Industries files for bankruptcy

Farmland Industries, the largest US farmer-owned cooperative, has filed for bankruptcy protection, unable to meet demands for immediate debt payments amid a slumping farm economy....

Whey processing partnership planned

Volac International of the UK and Dutch group D.O.C Kaas are to form a new joint venture company which will use cutting edge technology to...

Pepsi Bottling report paints bright future

The Dominion Bond Rating Service recently published a report about future prospects for the US-based Pepsi Bottling Group. The report outlines that recent acquisitions have...

AWB invests in sites

AWB Limited is to invest A$36 million (€21m) to construct new grain receival centres in Northern New South Wales, Australia, this year to drive down...

Longview Fibre 2Q results

Longview Fibre Company, the US-based packaging provider, has announced that its net profits fell to $15,000 (€16,000) for its second fiscal quarter ending on April...

Tyson agrees to sell Mallard's plant

In the US, Tyson Foods has announced an agreement to sell one of its two Mallard's Foods processing plants in Modesto, California to Michael Angelo's...

Interest expressed in Albert Fisher Group

The UK government has expressed "cautious optimism" that fish factories put into receivership by the financial problems of the Albert Fisher Group can be saved....

Pall reports 3Q fall

Pall Corporation, the leading US filtration, separation and purification provider, has reported a drop in both sales and profits for the third quarter and nine...

Bake-Line acquires Turnbull

In the US, Bake-Line Group, a leading supplier of private label cookies and crackers, has purchased Turnbull Bakeries, a Tennessee-based private label manufacturer of biscuit...

Ernest & Young report indicates steady growth for packaging

Business advisor Ernst & Young has completed the most comprehensive study in recent years of the global packaging market, which lends further credence to the...

Visy buys PET facilities

In Australia Coca-Cola Amatil is in advanced negotiations with Visy Industries on an A$140 million (€85m) deal to sell its PET plastic bottle manufacturing sites...

Investors sell Berry Plastics

In the US First Atlantic Capital, JPMorgan Partners and Aetna Life Insurance Company have entered into a definitive agreement to sell their portfolio company, Berry...

DuPont acquires Liqui-Box

Liqui-Box Corporation has announced that Liqui-Box shareholders voted in favour of the previously announced proposal whereby DuPont Canada's wholly-owned subsidiary, Enhance Packaging Technologies will acquire...

Crown Cork and Seal is analyst's favourite stock

The steady performance of the packaging industry during the recent stock market turmoil is now a recognised phenomenon. Now more and more financial advisors and...

VantagePoint enters folding carton market with strategic acquisition

VantagePoint Systems, a Canadian-based developer of business management software for the corrugated packaging industry, has entered into an agreement to acquire Avalon Printing Software of...

Dairy groups' profits tumble

Meiji Dairies Corp has announced its group net profit fell 45.4 per cent from the previous year to ¥2,093 million (€18.2mn) in the year ended...

DuPont plans Chinese soy venture

US-based DuPont Protein Technologies International and the Shineway Group, China's largest producer of processed meat, have recently agreed to jointly invest in soy protein production....

Crown Cork & Seal sells stake in Constar

Crown Cork & Seal, the US-based packaging provider, has announced that it is to sell a stake in its wholly owned subsidiary, Constar International. Crown...

Supreme Plastics invests £2.6m in plant

A £2.6 million (€4.1mn)investment programme at UK-based Supreme Plastics' Lincoln site, both in new building and improvements to existing plant and accommodation, has resulted in...

Sonoco announces price increase

Sonoco, the US-based global packaging manufacturer, has announced it will increase prices for its paper-based engineered carriers (tubes and cores) by between 7.5 and 12...

Graviton and Lang target food industry

Graviton, a US-based developer of wireless sensory information networks, has announced the signing of a joint sales and marketing agreement with Lang Manufacturing, a manufacturer...