Breaking News on Food and Beverage Processing and Packaging

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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...

Mail-Well sells label division

US-based envelope maker Mail-Well has sold its adhesive label business to a US-based business syndicate. The label business' name will be changed to Renaissance Mark,...

Enodis good results in weak market

UK-based food equipment manufacturer Enodis has announced group profits before tax of £11.3 million (€17.8m) for the first six months of the financial year ending...

Tyson Foods completes bacon plant buy

US-based Tyson Foods has announced the company has completed its purchase of a bacon processing facility in Omaha, Nebraska, from Millard Refrigerated Services. The processing...

Stora Enso investing in Germany and Russia

Stora Enso, the Finnish paper and packaging company, has approved a €70 million investment in the Baienfurt Mill in Germany to improve productivity and serve...

Nina Plastics expands manufacturing operation

Nina Plastics, a US-based manufacturer of food packaging items, has purchased a Novoflex printing press and a Varex blown film line from Windmoeller and Hoelscher,...

Sara Lee closes four US bakeries

Sara Lee has announced it will close four US bakeries in a move to cut costs and eliminate excess manufacturing capacity. In all, Sara Lee...

Snow Brand posts record loss

Japan's scandal-ridden Snow Brand Milk Productshas unveiled a revival plan including financial aid and job cuts as it aims to stay afloat after posting another...

Group acquires US and Australian meat processors

Hicks, Muse, Tate & Furst and Booth Creek Management of the US plan to acquire ConAgra Meats in a deal valued at about $1.4 billion...

Pactiv to buy Winkler Forming

Pactiv Corporation has announced an agreement to purchase Winkler Forming, a leading thermoformer of amorphous polyethylene terephthalate (APET) used in food packaging, for $72.5 million,...

FPI profits jump 23 per cent

Canadian seafood processor and harvester FPI has announced strong results for the first quarter, ending March 31st. Earnings increased 23 per cent while sales for...

Two new wineries to open in Argentina

In Argentina Roberto Luka and Manuel Gallardo, former General Mangers of the wineries Finca Flichman and Seagram have decided to open their own respective wineries...

Inland acquires Mack Packaging Group's converting operations

US company Inland Paperboard and Packaging has announced that it has acquired the converting operations of Mack Packaging Group, in Chicago, Illinois, and Mishawaka, Indiana....

Snow Brand consolidate

Scandal-tainted Japanese milk processor Snow Brand has confirmed that, following a merger with two other Japanese farm cooperatives, it is to close down five plants...

Strong outlook for Rexam

Rexam, the global food and beverage packaging manufacturer, has boosted longer-term confidence within its sector after chairman, Jeremy Lancaster, made positive comments about its outlook...

Mixed results for BOC Group

The UK-based BOC Group, which provides the food processing and glass packaging industries with gas services and related products on a global basis, has reported...

API upgrades prospects for H2

The chairman of UK Packaging maker API Group, David Hudd, said prospects for the current year are encouraging and he predicted an improved performance for...

Danish Crown merger creates cut-backs

Danish Crown, the European meat processor, is proposing to cut staff by 115 as part of the integration of Danish Crown and Steff-Houlberg. The reduction,...

Schawk buys out Laserscan Group

North America's leading provider of digital imaging prepress services to the food and beverage industry, Schawk, has announced that it has entered into an agreement...

Graham Packaging posts mixed results

Graham Packaging Holdings, a US-based international manufacturer of blow-moulded plastic containers for the food and beverage industries has reported that unit sales increased 11 per...