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.

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Stora Enso said it plans to permanently shut down the Group's corrugated packaging converting unit in Chennai, India, due to unprofitability and a major decrease in local market demand. The mill employs 350 people, who will receive compensation and other support. The company said the total negative impact on its…

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ROVEMA packaging system meets the highest requirements for the packaging of snacks. With the new continuous flow wrapper BVR 230 with integrated scales ROVEMA offers a compact packaging system for snack products. It is the successful development of the principle employed for many years the rotating sealing tool pairs. The…

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Milwaukee private equity firm Mason Wells announced today it has acquired Minneapolis-based Advanced Web Technologies LLC. Advanced Web will continue to do business independently as AWT Labels & Packaging. Its ownership group now includes Mason Wells, current management and other co-investors. The company has facilities in Minneapolis and South Elgin,…

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Duravant, a global engineered equipment manufacturer serving the food processing, packaging and material handling sectors, announced today it has acquired Mespack, the Barcelona, Spain-based manufacturer of flexible packaging equipment specializing in horizontal form-fill-seal technologies for flexible sachet, pouch and stick packs. This is Duravant's second acquisition in the packaging sector…

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Private equity firm Wind Point Partners is exploring a sale of Novolex, in a deal that could value the U.S. manufacturer of paper and plastic packaging products at around $1.75 billion, including debt, according to three people familiar with the matter. Wind Point Partners has hired investment banks Deutsche Bank…

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Belgium-based label producer Reynders has joined hands with Swiss secure graphics provider ScanTrust to develop a technology for a label that cannot be copied but authenticate through a mobile app. With a view to guarding a product's authenticity and upholding customer trust, Reynders aimed at surpassing the protection offered by…

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Billionaire Pratt family member Raphael Geminder's Pact Group has agreed to buy Barry Smorgon's Jalco for about $80 million. The sale comes after sources close to Pact told the Australian Financial Review's Street Talk column this month the company was in talks to buy Jalco, a fast-moving consumer goods manufacturer,…

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First Quality Packaging Solutions, a leading plastics packaging company, will locate manufacturing operations in Macon, Georgia. The company will create 115 jobs and invest $68 million over the next five years. FQPS will design, develop and manufacture innovative plastic packaging for the Retail Food, Food Service and Healthcare market segments.…

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Greiner Packaging continues to expand its market position, making it the market leader in Rigid Plastic Packaging for dairy products in Turkey. Kremsmünster, June 2015. Greiner Packaging is expanding its international market position through an acquisition in Turkey. Greiner Packaging has acquired a 51% majority in the companies Teknik Plastik…

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Following the success of its digital printing offering, UNI Packaging has further increased its capacity by investing in a second HP Indigo 20000 digital press. Providing a 30-inch (750mm) wide-web solution for flexible packaging and sleeves, the press will be located at UNI Packaging’s digital facility in Périgny, France and…