Alpla subsidiary plans PET recycling plant in Poland
A subsidiary of Austrian bottle and preform producer Alpla is planning to build a PET recycling plant at Lodz, south-west of Warsaw, Poland.
Archives for August 3, 2011
Givaudan profits slump despite flavours growth
Flavour and fragrance firm Givaudan’s first half net profits crashed by 40 per cent as raw material costs and record currency rates take their toll on the Swiss company, despite good local growth in its flavours businesses.
New credit facility gives Silgan more flexibility
A new $1.9bn (€1.3bn) senior secured credit facility will provide Silgan with greater flexibility in regards to its strategic initiatives to make acquisitions, such as paying dividends, repurchasing stock and incurring additional debt, said the packaging...
Shift change in habits of young UK drinkers, finds Mintel
UK market researchers Mintel report a shift in young people’s drinking habits with a trend towards greater ‘in the home’ consumption, while analysts also note an increasing preference for premium alcohol brands overall.
European beverage cans drive profits for Rexam
Rexam’s half-year results show profit before tax up by 19 per cent on 2010. The growth was driven largely by the packaging company’s beverage can business in Europe, which saw operating profits rise by 12 per cent.
FMC tipped to make hydrocolloid acquisition
FMC Corporation is looking to expand its food ingredients portfolio as it strengthens its already strong position in the hydrocolloids market.