3:14 min
Facts & Figures
Amcor announces US$280 million acquisition of Ball Plastics Packaging Americas
The purchase price is US$280 million, which represents four times the last 12 months acquired EBITDA of US$70 million.* The business has five plants in North America and sales of approximately US$600 million. Approximately 50% of the earnings of the business are derived from the ...
1:40 min
Facts & Figures
Cereplast expects to ship 16 million pounds of bioplastics in 2010
Cereplast, Inc. (NASDAQ: CERP) a leading manufacturer of proprietary bio-based, sustainable plastics, announced today that it expects to produce and ship approximately 16 million pounds of their proprietary bio-plastic resins to customers in 2010, representing a 400% increase in ...
1:80 min
Management
Graham Packaging Company announces management changes
Graham Packaging Company Inc. (NYSE: GRM) today announced the following management changes. Ashok Sudan, Executive Vice President and General Manager, Global Food and Beverage, has resigned his position at Graham Packaging effective June 30, 2010. Peter Lennox has been appointed to ...
2:34 min
Management
Australasia organisational changes
Amcor announces today that Mr Eric Bloom, currently President of Amcor Packaging Distribution (formally Amcor Sunclipse) is moving to Australia to take up the newly formed position of Senior Vice President Sales and Marketing Australasia, reporting to Nigel Garrard.Eric has had 15 ...
1:45 min
Management
New in the Greiner Packaging network: Expan
Greiner Packaging aims to take over the plastic packaging producer Expan with its locations in Wernberg (Austria), Rastatt (Germany) and Uzhgorod (Ukraine). In principle the two companies have already been united since 3 May 2010. The takeover needs the approval by the antitrust ...
2:59 min
Management
LyondellBasell emerges from Chapter 11 protection
LyondellBasell today announced that the company has emerged from Chapter 11 bankruptcy protection. The company's Plan of Reorganization was confirmed last week by the United States Bankruptcy Court for the Southern District of New York with the approval of an overwhelming majority ...
2:10 min
Management
Constar International Inc. Announces Resignation of Michael Hoffman; Ruth Mack to Serve as Interim President and CEO
Constar International Inc. (NasdaqCM:CNST) today announced that Michael J. Hoffman has resigned as President, Chief Executive Officer and Director, effective today, to pursue other opportunities. Constar’s Board of Directors has initiated a search for Mr. Hoffman’s replacement. In ...
0:37 min
Management
ENGEL management streamlined
Hans Wobbe (57) will be leaving the management of ENGEL Holding on 31st July 2010 for personal reasons. With responsibility for technology and production, Mr Wobbe intensively pursued the development of the electrical machines and the integration of our production locations to a ...
2:13 min
Management
Rapid takes next step in restructuring process
Rapid Granulator AB is proceeding as planned with its restructuring to ensure a strong and prosperous future for the Rapid Group and its customers around the world. Rapid announced today the winding up of its Moditec subsidiary based in Lyon, France. This is the latest move in a ...
