Archives for January 27, 2012

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Bemis wields the knife as packaging demand and earnings fall

By Rory Harrington

Soaring resin prices, falling demand in sectors such as confectionery, along with almost US$40m costs related to plant closures and job cuts saw fourth quarter operating profits in flexible packaging slump by 37% at the end of what Bemis called a...

Groupe Guillin slams fruit packaging cartel fine

French packaging company Groupe Guillin has challenged the legitimacy of the decision by Spanish competition authorities to fine it almost €3m for its alleged role in a fruit packaging price fixing ring as it lodged an appeal with the anti-trust body.