International Paper to sell Asian corrugated packaging business for $150m
International Paper (IP) has agreed to sell its corrugated packaging business in China and Southeast Asia to Xiamen Bridge Hexing Equity Investment Partnership Enterprise.
Archives for March 14, 2016
France to vote on palm oil tax
A tax on palm oil destined for food could be on the cards in France as the government votes on its Biodiversity Bill this week.
Nature’s Bakery launches brownies as it aims to build national brand
US manufacturer Nature’s Bakery has set out its mission to create a nationally known brand with the launch of double-chocolate brownies and a NASCAR sponsorship.
Investigation launched into video of man 'urinating' on Kellogg production line
A criminal investigation has been launched after video footage emerged of a man apparently urinating on a Kellogg production line in the US.
Tale of two markets: Aryzta reports decline in US and growth in Europe
Speciality baking business Aryzta has reported a decline in underlying revenue from its US division, while in-store bakery growth has driven a strong performance in Europe.