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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Kraft Heinz is expanding a recall of Kraft Singles products, saying a problem with the packaging film affects 10 times as many cases as it first thought. The company recalled 335,000 cases Thursday because a thin strip of packaging film may stick to the slice after the wrapper has been…

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Recycling firm Viridor has launched its new £25m glass recycling plant in North Lanarkshire. The 70,000 sq ft facility at Newhouse will recycle material from 17 Scottish local authorities. It is hoped the new plant will reduce the need for industries such as Scotch whisky to import glass. A total…

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Owens-Illinois, Inc. announced that it has completed the acquisition of the Vitro food and beverage glass container business from Vitro, S.A.B. de C.V. (BMV: VITROA) in a transaction valued at approximately $2.15 billion. Vitro is the largest supplier of glass containers in Mexico and manufactures glass containers across multiple end…

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The European Commission has launched an in-depth investigation into Mondi's proposed acquisition of two industrial packaging plants from Walki in a bid to ensure that the deal is pursuant to the EU Merger Regulation. The regulator is concerned that the deal may reduce competition, as a result of which the…

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Transcontinental Inc. announced that it entered into a definitive agreement to acquire Ultra Flex Packaging Corp., a supplier of flexible packaging, located in Brooklyn, New York, for US$80 million to be paid in cash at closing plus an additional consideration payable subject to attaining pre-established financial targets. Ultra Flex Packaging…

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Multinational packaging firm Silverpack Sdn Bhd is looking to invest P500 million to put up its first manufacturing plant in the country in the next two to three years. In an interview, a Silverpack official said the company plans to conquer Southeast Asia over the next decade through aggressive expansion…

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Amcor Tobacco Packaging today announced that it has completed the acquisition of Souza Cruz’s internal tobacco packaging operations located in Cachoeirinha, Rio Grande do Sul, Brazil. Souza Cruz is majority-owned by British American Tobacco plc and is the market leader in the Brazilian cigarette market. The investment is supported by…

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Stora Enso has signed an agreement to divest its offset printed micro-flute packaging plant in Komárom, Hungary to Van Genechten Packaging International S.A., a leading Belgian packaging company. The initial cash consideration for the divestment of the shares is approximately EUR 12 million, subject to customary closing day adjustments. The…

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A local manufacturer of paper bags and other packaging is planning a $4.3 million expansion. Novolex, formerly Duro Hilex Poly (known as Duro Bag), plans on expanding its footprint in Florence, which will also add 173 new jobs. The company received preliminary approval for $1.9 million in tax incentives from…

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Goss International will showcase its developments in offset technology at Labelexpo Europe, scheduled to be held between 29 September and 2 October, at Brussels Expo in Belgium. The company will present Alwan's Color Expertise Technology, which has been recently added to Goss Sunday Vpak press series. This technology will also…