NEWS

For our visitors who seek the latest industry news and updates to keep abreast with the goings-on of the business on a global scale, Plant Automation Technology portal grants a dynamic and diverse feed of news items.

news

Stora Enso has entered into an equity transfer agreement to increase its ownership stake from 51% to 90% in its Chinese subsidiary Stora Enso Inpac Packaging Co. Ltd. The transaction is based on the terms of an option agreement dated October 2010. The cash consideration is approximately EUR 46 million.…

news

Following the introduction of plain packaging on tobacco products in 2012, Australian Aboriginal and Torres Strait Islander people were 12 per cent less likely to think certain tobacco brands were less harmful than others, a new study found. Plain packaging means tobacco company colours, logos and design elements are not…

news

The World Packaging Organisation has announced winners of the WorldStar Awards 2016, with United Kingdom companies leading the way by taking 15 awards, followed by the U.S. and China taking 14 each. Winners from the U.S. ranged from new bottle designs for PepsiCo's Gatorade brand, soap dispensers made by Berlin…

news

MG America, the U.S. subsidiary of MG2 Bologna, Italy, a leading supplier of processing and packaging equipment, has expanded its filling division through a recently formalized strategic partnership with filling and closing solutions provider COMAS of Florence, Italy. Founded in 1979, COMAS has provided more than 1,500 filling and closing…

news

The first quarter core net profit of RM64.3mil for Scientex smashed expectations, with the company’s manufacturing division registering a 158.5% jump in year-on-year (y-o-y) earnings before interest and tax (EBIT), driven by a 5.1 percentage points margin expansion to 9.7%. UOB Kay Hian remains upbeat on the company’s ongoing transformation…

news

The Commerce Commission has reached an agreement with Reckitt Benckiser (New Zealand) Limited under which the pharmaceutical company will stop New Zealand sales of its Nurofen specific pain range products in their current packaging by March 2016. The Nurofen specific pain range products are: * Nurofen Migraine Pain ibuprofen lysine…

news

Huhtamäki Oyj's subsidiary has entered into an agreement to acquire FIOMO, a.s., a privately owned manufacturer of flexible packaging foils and labels in the Czech Republic. With the acquisition Huhtamaki expands its flexible packaging manufacturing footprint to Eastern Europe and is able to offer agile high quality off-set printing capabilities…

news

Sonoco Consumer Products Europe is planning to close two of its tobacco production plants in Germany, resulting in the removal of 100 employees. The Bunde plant in Northwest Germany will be closed by May 2016 and Hockenheim 3 plant in Southwest Germany in the third quarter of 2017. The company…

news

Veeco Instruments Inc. announced today that it has received multiple orders from a leading foundry in Asia for its Precision Surface Processing (PSP) WaferStorm™ system.  The WaferStorm platform provides wafer processing solutions for advanced packaging applications. Veeco's flux cleaning technology will process wafers for Fan-out Wafer Level Packaging (FO-WLP) production. …

news

Sen. Ted Kennedy Jr., D-Branford, has a piece of advice this holiday season for online retailers: cut down on the packaging. Kennedy plans to introduce legislation in the coming session that would target the thousands of pounds of packing material that end up in the state's landfills each day. "Whatever…