- Expansion & Growth
- Branding & Retail
INDONESIA – Pact Group Holdings Ltd is considering the acquisition of major Indonesian rigid plastics packaging converter Dynapack Asia, and is currently conducting due diligence.
GLOBAL – Procter & Gamble Co (P&G) intends to divest, discontinue or merge more than half of its brands globally as part of its restructuring strategy to focus on its top 70 to 80 brands.
CHINA – Six senior executives at Shanghai Husi Food have been formally arrested and charged with producing and selling counterfeit products, in the latest action taken by authorities in the expired meat scandal.
NETHERLANDS - Restaurants can now select a more sustainable paper cup to serve their cold drinks in, thanks to a new coating technology made from plant-based oils and recycled PET bottles.
CHINA – Haver Technologies, a German packing and screening machinery manufacturer for the raw material processing industry, has set up in a new location in China.
US - Bemis Company Inc is selling its global Pressure Sensitive Materials business to California-based private equity firm Platinum Equity for US$170 million, to fund the growth of its flexible packaging business.
INDIA – Coca-Cola is abandoning a US$25 million bottling line in India because of “inordinate delay” from authorities in granting approval to draw more groundwater at the facility site.
AUSTRALIA – Local skin car and cosmetics brand owner Natio has launched two new foundations in an upgraded airless dispenser to offer consumers a better user experience.
GLOBAL – Today’s consumers are increasingly busy, health-conscious, and looking for products that are tailored to their needs, engage them, are sustainable and safe, according to the new ‘Food & Beverage Packaging Trend report’ by Tetra Pak.
S KOREA – Hansol Paper intends to enter the European label market with its acquisition of Dutch self-adhesive label producer Telrol Group.
INDONESIA – Local retail giant PT Matahari Putra Prima Tbk (MPPA) has opened its 31st Foodmart supermarket outlet in Jakarta, and revealed plans to build four new stores of its Foodmart Gourmet retail brand by the end of this year.
THAILAND – Major dairy producer Dairy Home has shifted to bioplastics for all its yoghurt packaging in Thailand.