The fallout from the growing consolidation in European flexible packaging market – spearheaded by Amcor’s takeover of Alcan's European packaging operations – has transformed the trading landscape for convertors and brand owners.
Demand for aluminium foil in Europe has seen a sharp drop in the first three months of 2012 – with as producers feel the effects of strong economic headwinds.
AkzoNobel’s proposed takeover of fellow metal can coating outfit Metlac Holdings could be in jeopardy following UK Office of Fair Trading (OFT) concerns the deal could damage competition in the sector and see prices rise.
Placon Corporation has launched a container made from 100% recycled polyethylene terephthalate (PETE) in response to customer demand for eco-conscious packaging.
After being sued by the beverage giant, Coca-Cola PET supplier Pure Tech Plastics has slowed down production as it searches for a buyer, with whispers or interest from PepsiCo or Nestlé Waters.
Billerud’s proposed takeover of the paper packaging operations of Finnish company UPM-Kymmene for €130m has been given the green light by competition authorities.
The inventor of a ‘smart food label’ believes it could could have far-reaching applications in the food service industry through its ability to reduce waste and save money for companies and consumers.
Nordson Corporation has acquired EDI (Extrusion Die Industries) Holdings for US$200m and described it as a “clear fit with our strategy of acquiring companies that provide differentiated precision technology.”
Amcor Flexibles is claiming a UK first after incorporating a self-ventilating system into lidding material for microwave cooking of fresh produce that it says saves energy and improves food quality.
As UK food and drink manufacturers search for ways to reduce packaging and carbon footprints, a new drinks launch in Thailand could point the way ahead.
An intelligent food label that tells consumers how long they have to eat a product after it has been opened could solve one of grocery’s great conundrums.
The US packaging industry must improve material recovery and not “bury its head in the sand and pretend the problem will go away” according to an expert.
An industry-driven collaboration is aiming to develop groundbreaking sustainable food packaging materials with built in active and intelligent technology to extend shelf life.