US global flexible packaging share to shrink on Asian growth
The US share of the global flexible packaging market will decrease as emerging markets such as India and China continue to grow at a “staggering” rate, according to an industry analyst.
Archives for January 12, 2012
JBT FoodTech cuts back as recession bites
JBT Corp has blamed a drop in demand for its decision is to cut 115 jobs in its food processing division and shift some operations out of Europe in a bid to make annual savings of US$9m by the end of next year.
Strong Q1-Q3 for Agrana driven by sugar and starch segments
Favourable market trends and successful business strategies have driven strong profits in Agrana’s sugar and starch segments, creating 20.2% growth for the first three quarters of 2011|12, the CEO said.
Bakery firms can seize on Scandinavian low-carb trend, says analyst
Bakery manufacturers can capitalise on an emerging Scandinavian dietary trend with new low-carb offerings, according to an analyst from Euromonitor International.