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JAPAN/AUSTRALIA – Kuraray Co Ltd has acquired Australian biobased barrier film manufacturer Plantic Technologies Limited, as part of its strategy to expand into the biobased food packaging market sector.
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MALAYSIA – Huhtamaki has completed its EUR 8 million acquisition of Malaysian paper cup and foodservice packaging manufacturer Butterworth Paper Cups Sdn Bhd.
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NEW ZEALAND/SWITZERLAND – Rank Group has completed the sale of food and beverage carton packaging and filling machine manufacturer SIG Combibloc to Canadian private equity firm Onex.
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ASIA - Following the announcement of the merger between Cardia Bioplastics Limited and Stellar Films Group, the former has released details of the organization of the new consolidated manufacturing capabilities.
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INDIA – Oricon Enterprises has bought out its joint venture partner in Oriental Containers Ltd (OCL), one of India’s largest metal and plastic closures manufacturers.
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TAIWAN – Toyo Ink SC Holdings Co Ltd has merged two wholly owned subsidiaries, Toyo Ink Chemicals Taiwan Co Ltd and Toyo Ink Taiwan Co Ltd, into a single operating entity.
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THAILAND – Boon Rawd Brewery Co Ltd, owner of popular Thai beer brand ‘Singha’, is looking for a merger or joint venture partner for its packaging company Bangkok Glass Co.
Packaging Supply Chain news from the Asia Pacific
