INDIA - Essentra plc recently opened its state-of-the-art 70,000 square fee manufacturing facility in the Peenya Industrial Area, Bangalore, to showcase its recent expansion in pharmaceutical, health and personal care packaging to customers.
ASIA - US plastics resin bagging and logistics company Packwell Inc has announced plans to build an export packaging facility in Texas in partnership with freight transportation company BNSF and industrial developer Hillwood.
AUSTRALIA/SOUTHEAST ASIA – The University of Melbourne and Mondelez International have launched a research hub which will gain insights into Asian consumer behaviour and market levers, and inform innovation in ingredient use, consumer experience and product design and packaging.
VIETNAM - Constantia Flexibles Group has acquired Vietnamese packaging manufacturer Oai Hung Co Ltd as part of its growth strategy in Asia.
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.
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.
INDONESIA – Plastic manufacturers in Indonesia will soon be able to reduce their reliance on imported raw materials, according to local industry association Indonesian Olefin, Aromatic and Plastic Industry Association (Inaplas).
THAILAND – Italian beverage packaging and filling machinery manufacturer Sacmi aims to redouble its efforts to capture a share of the Thai market.
VIETNAM – Saigon Beer, Alcohol and Beverage Corporation (Sabeco), Vietnam’s largest beer producer, intends to sell 53% of its shares in a single tranche.
THAILAND – Prepack Thailand Co Ltd, a subsidiary of Japan’s Rengo Co Ltd, has opened a new flexible packaging factory in Sinsakhon Printing City & Industrial Estate in Samutsakhon Province, Thailand.
MALAYSIA – The Malaysian government needs to enact a standalone law on tobacco control with standardised packaging rules before the Trans Pacific Partnership (TPP) Agreement comes into effect.
INDIA – Bobst’s 2015 results for its gravure printing presses sales in India were significantly positive, as the company continues to woo domestic flexible packaging manufacturers.