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AllPack 2016

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Beverage Packaging

San Miguel Corp posts 112% growth in Q1 net profit

San Miguel Corp posts 112% growth in Q1 net profit
PHILIPPINES -
San Miguel Corporation (SMC)’s first quarter net profit for 2016 jumped 122% year-on-year to US$289.14 million (P13.5 billion), citing robust food, beverage and packaging businesses, as well as higher revenues from its power and infrastructure units.

Halal and Vegan drive ethical label market with 5% annual growth by 2020

Halal and Vegan drive ethical label market with 5% annual growth by 2020
GLOBAL –
The global market for ethically labelled packaged foods, soft drinks and hot drinks (excluding private label) accounted for US$793.8 billion in 2015 and is set to reach US$872.7 billion by 2020.

Sacmi eyes growth in Thai beverage packaging market

Sacmi eyes growth in Thai beverage packaging market
THAILAND –
Italian beverage packaging and filling machinery manufacturer Sacmi aims to redouble its efforts to capture a share of the Thai market.

New president for Crown Asia Pacific

New president for Crown Asia Pacific
SINGAPORE -
Crown Holdings Inc has announced the appointment of Robert H. Bourque Jr. to President of CROWN Asia Pacific effective 1 May 1 2016.

F&N to invest US$51m to expand beverage packaging production in Malaysia

F&N to invest US$51m to expand beverage packaging production in Malaysia
MALAYSIA -
Fraser & Neave Limited (F&N) is investing over US$51.25 million (RM210 million) to expand production capacity and fuel business growth in Malaysia.

Graphic Packaging completes acquisition of Colorpak

Colorpak
AUSTRALIA/NEW ZEALAND -
Graphic Packaging Holding Company has completed its acquisition of Colorpak through its wholly owned subsidiary, Graphic Packaging International Australia Pty Limited.

Chinese flexible packaging market to hit US$12bn by 2019

Chinese flexible packaging market to hit US$12bn by 2019
CHINA –
The flexible packaging market in China is expected to reach US$12 billion by 2020, growing at a CAGR of almost 8% during the forecast period.

F&N to invest $70 million in new aseptic PET & UHT Malaysia plants

FN bottling lineFraser and Neave Ltd (F&N), has announced plans to boost production capacity and drive business growth in Malaysia with an investment in excess of S$70 million (RM210 million) via its 55% owned subsidiary Fraser and Neave Holdings Bhd (F&NHB).
The investments include an aseptic cold-filling polyethylene terephthalate (PET) bottle line in Shah Alam, west Malaysia, as well as an ultra-high temperature processing (UHT) line and warehouse facility to be constructed in the Group’s East Malaysia facility in Kuching, Sarawak.
The investments are part of F&NHB’s committed S$102 million in capital expenditure in Malaysia over two years and will lift F&NHB’s total asset value in Malaysia to more than RM1.9 billion.
The addition of aseptic cold-filling PET bottle and UHT lines will enable it to meet increasing demand for its healthier range of drinks such as its ready-to-drink tea, soya and Asian soft drinks, that fulfil its philosophy of “Pure Enjoyment. Pure Goodness " the company highlighted.

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Indonesia considers excise tax on plastic bottles and packaging

Indonesia considers excise tax on plastic bottles and packaging
INDONESIA –
The Indonesian government is considering the implementation of an excise tax of at least IDR 200 (US$0.02) on plastic bottles and packaging.

Aspire Insight’s acquisition of Kian Joo Can cancelled

Aspire Insight’s acquisition of Kian Joo Can cancelled
MALAYSIA -
The RM1.47 billion takeover offer for Kian Joo Can Factory Bhd has been called off, a mutual decision made by both Kian Joo and the buyer Aspire Insight Sdn Bhd.

Parkside expands production capabilities in Malaysia

Parkside expands production capabilities in Malaysia
MALAYSIA –
UK-based specialty packaging manufacturer Parkside intends to “significantly invest” in its Malaysian operations to ensure its growing customer base in the Asia region can access the same high quality innovation and service as in Europe.

Pakistan Beverage invests to keep up with market demand

Sidel SBO8 Universal2Eco blower at Pakistan Beverage
PAKISTAN –
Pakistan Beverage Limited (PBL), one of the largest beverage producers in Pakistan and a PepsiCo franchisee, has made an investment to boost its products’ quality and production efficiency to meet increased market demand.

Aje Group makes Thailand its Asian regional centre

Aje global brands
THAILAND –
Spanish beverage giant Aje Group has made Thailand its regional base for the Asian market, to facilitate its expansion into individual country markets within the region.

BASF-Avantium joint venture to produce packaging materials for film and bottles

BASF-Avantium joint venture to produce packaging materials for film and bottles
GLOBAL -
BASF and Avantium have signed a letter of intent and entered into exclusive negotiations to establish a joint venture for the production and marketing of furandicarboxylic acid (FDCA), as well as the marketing of polyethylenefuranoate (PEF), based on this new chemical building block.

Increased Asian demand to fuel global glass packaging market growth

Increased Asian demand to fuel global glass packaging market growth
ASIA –
The global glass packaging market for food and beverages is expected to exceed US$56 billion by 2019, growing at a CAGR of over 2%.

Pact Group receives approval for acquisition of Power Plastics

Pact Group
AUSTRALIA –
Pact Group Holdings has been given the green light to proceed with its proposed acquisition of Power Plastics from the Australian Competition and Consumer Commission (ACCC).

Uflex expands into aseptic liquid packaging market with new plant investment

Uflex expands into aseptic liquid packaging market
INDIA –
Major Indian flexible packaging manufacturer Uflex Limited is entering the aseptic packaging market sector with an investment in its first aseptic packaging plant for liquid products in Sanand Gujarat, India.

Bericap shifts manufacturing from Singapore to Malaysia

Bericap's Johor plant
MALAYSIA –
Bericap has closed its packaging closures plant in Singapore and moved production to a new facility in Johor, Malaysia.

DIC to build new packaging inks plant in Indonesia

DIC to build new packaging inks plant in Indonesia
INDONESIA –
DIC Corporation plans to build a new blending facility for liquid inks for food and beverage packaging in Surabaya, Indonesia, to help the company better respond to expanding demand and growth its global market share.

China bottled water market to grow 58% by 2019

Nestle bottled water product range in China
CHINA –
In 2014, China’s bottled water consumption rose by 9% to 69 billion litres.