EUROPE - Mars is in the final stages of launching a bio-based packaging material for its Snickers and Mars chocolate lines to reduce the carbon footprint of existing packaging materials, according to Thijs Rodenburg, CEO of Rodenburg Biopolymers, a producer of starch-based products that has been working with the confectionary...Read more
GLOBAL - Avery Dennison has announced a definitive agreement to acquire the European business of Mactac from Platinum Equity, a California-based private equity firm, for the purchase price of EUR200 million including assumed debt.
SINGAPORE - Crown Holdings Inc has announced the appointment of Robert H. Bourque Jr. to President of CROWN Asia Pacific effective 1 May 1 2016.
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.
AUSTRALIA – Dutch process and conveyor belting manufacturer Ammeraal Beltech has acquired its long-standing Australian distribution partner Rydell Industrial (Belting) Co.
VIETNAM – Vietnamese dairy giant Vinamilk has decided to remove its 49% foreign ownership cap, a move expected to generate interest from overseas investors in a company valued at US$7.85 billion.
GLOBAL – Global alcoholic drinks volumes registered a decline of 0.7% in 2015, entering negative territory for the first time in more than a decade, according to new research released by Euromonitor International.
GLOBAL - Even with the price of oil hovering around $30 a barrel, PLA can remain very cost competitive, according to NatureWorks’ CEO Marc Verbruggen, speaking exclusively to PackWebasia.com Editor, Trina Tan.
GLOBAL - Bemis Company Inc has acquired the medical device packaging operations and related value-added services of SteriPack Group, a global manufacturer of sterile packaging solutions for medical device and pharmaceutical applications.
JAPAN - The Japanese government intends to loosen its rules on anti-dumping duties to better protect industries such as steel and chemicals, which are susceptible to floods of cheap imports from China and elsewhere.
ASIA - While global FMCG brands are among the leaders in implementing responsible sourcing policies, their Asian counterparts have only started to identify and manage these issues and fall badly behind global leaders, according to a hard hitting report published…
CHINA – UK inline digital printing technology company DataLase, will partner with the Intralink Group to further business development in China and the Asia Pacific region.
AUSTRALIA/NEW ZEALAND - H.B. Fuller Company has finalized its purchase of Advanced Adhesives, a provider of industrial adhesives in Australia and New Zealand.