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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After taking over German conglomerate - OYSTAR Group, Italian giant I.M.A. S.p.A. announced doubling of exports from Hassia Packaging India, which has now become IMA Dairy & Food Holding Hassia India in near future. Hassia Packaging offers high speed automation for packaging food, dairy, agro-chemical, washing powder, shampoo, hair oil,…

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Integrated packaging firm Multivac and Snapsil Corporation have joined hands to design a packaging system that incorporates the latter’s snap-opening into the former’s thermoforming machines. Claiming to provide consumers with user-friendly food packaging, the firms have embedded the snap-opening feature into the lower web of thermoformed pack, according to a…

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Leeds Vacuum Formers (LVF) has invested £1m in new machinery, warehouse facilities and supporting infrastructure, which will help the firm double its turnover within the next five years. The West Yorkshire-based thermoformed packaging specialist has spent £400k on a KMD 78 Speedformer machine, and £600k on the expansion of its…

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Packaging Corp. of America (PKG) on Tuesday reported second-quarter earnings of $114 million. On a per-share basis, the Lake Forest, Illinois-based company said it had net income of $1.16. Earnings, adjusted for one-time gains and costs, came to $1.18 per share. The results topped Wall Street expectations. The average estimate…

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Amcor announces today the INR 1,650 million (US$ 26.4 million) acquisition* of Packaging India Private Limited (PIPL) from Essel Propack, a publicly listed specialty packaging company. PIPL has three plants located in the North and South of India and produces flexible packaging products predominately for the food and personal care…

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Bemis Company, Inc. (BMS) today announced that it has signed a definitive agreement to acquire the South American rigid plastic packaging operations of Emplal Participações S.A., a Brazilian manufacturer of plastic packaging for food and consumer applications. This rigid packaging business, which includes two facilities in Brazil, recorded annual net…

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Semiconductor packaging and test services company Amkor Technology Inc. said Tuesday it is planning to invest about $60 million to expand its assembly and test factory in China's Shanghai free trade zone. The company said the expansion will increase its Chinese manufacturing facilities by 45% to almost 60,000 square meters.…

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European Union antitrust regulators said Monday they have opened an in-depth investigation into Ball Corp.’s £4.4 billion ($6.86 billion) acquisition of Rexam PLC amid concerns that the deal could lead to higher prices for beverage cans. The deal, announced in February, will create one of the world’s biggest consumer-packaging suppliers.…

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European-wide investment in Ricoh’s flagship Ricoh Pro™ C9110 continues unabated with its adoption by X-Idé, the first Norwegian print service provider to do so. In fact, the general commercial operation was so impressed with the capabilities of the durable, high volume digital press that it has installed four units. “Competition…

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Consumer healthcare firm EM Pharma has deployed two TrakRap stretch wrapping packaging systems, capable of using 100% recyclable polymer film. The trays in the system, developed by secondary packaging firm TrakRap, deploy ReelVision technology that works with the film and end up using lesser cartonboard. One of the two systems…