Archives for May 28, 2002

← 2002

Investors sell Berry Plastics

In the US First Atlantic Capital, JPMorgan Partners and Aetna Life Insurance Company have entered into a definitive agreement to sell their portfolio company, Berry Plastics Corporation, to GS Capital Partners 2000, a private equity investment fund...

Sonoco closes US machinery operation

The US division of global packaging solutions provider Sonoco has announced it will close its machinery manufacturing operation in Fenton, Missouri, by the third quarter of 2002.

Visy buys PET facilities

In Australia Coca-Cola Amatil is in advanced negotiations with Visy Industries on an A$140 million (€85m) deal to sell its PET plastic bottle manufacturing sites as part of a divestment of non-core assets.

DuPont acquires Liqui-Box

Liqui-Box Corporation has announced that Liqui-Box shareholders voted in favour of the previously announced proposal whereby DuPont Canada's wholly-owned subsidiary, Enhance Packaging Technologies will acquire all of the outstanding common shares of...

Thailand Boosts PTA Capacity

Mitsui Chemicals Company and Siam Cementhai Chemicals' joint venture, Siam Mitsui PTA Company Limited, will complete its second purified terephthalic acid (PTA) plant in July of this year.

Equipment manufacturer sets up new facility

In the US R & D Equipment Company, which supplies processing equipment to the oilseed processing industry, has announced that it has moved into new facilities in Fort Worth, Texas.

Ernest & Young report indicates steady growth for packaging

Business advisor Ernst & Young has completed the most comprehensive study in recent years of the global packaging market, which lends further credence to the growing number of advisors that are heralding the industry as a safe bet for investors.