Archives for June 18, 2002

← 2002

Portola Packaging reports falling sales

Portola Packaging, the US based bottle and closures manufacturer, has reported a fall in its 3Q sales to $53 million (€55,4m) compared to $57.6 million for the same quarter last year. The figure represents a drop of a of 8 per cent.

Firmer fruit

Processors seeking an alternative approach to mechanical and heat treatment of fruit pieces could benefit from the latest research findings from the Dutch-based DSM group.

Texas Pacific set to join battle for Jefferson Smurfit

Jefferson Smurfit, the Dublin-based paper and packaging group, could become the centre of a takeover battle after a last minute approach from David Bonderman, chairman of the low-cost carrier Ryanair and chief executive of the investment company Texas...

Packaging price increase

Sonoco, the global provider of packaging products for the food and beverage industry, has announced that it will increase prices for all coreboard grades manufactured in and shipped to continental Europe by €50 per metric tonne.

Growing demand for food processing machinery

Worldwide demand for food processing machinery is projected to rise 4.6 per cent annually up until 2006, to $21 billion (€22bn), according to a study conducted by US industrial market research group Freedonia.

Cool flour

BOC, the worldwide provider of gases and vacuums to the food and beverage industry, has found a significant market for its newly launched flour chilling equipment for the bakery industry.

Hicks set to buy more British food groups

Acquisitive US private equity group Hicks, Muse, Tate & Furst is keen to buy up more UK food businesses and expects to be running its major Premier foods unit for the next few years before seeking an exit.