0:40 min
Management
Sale of Rexam Petainer business completed
Rexam, the global consumer packaging company, today completed the sale of its specialist PET container business, Petainer. The business, which has been held for sale for some time, has been acquired by Next Wave and WHEB Ventures for £16m in cash. Petainer reported EBIT of £5m in the ...
1:39 min
Management
PolyOne appoints new officers
PolyOne Corporation (NYSE: POL) today announced that Joseph P. Kelley has joined PolyOne as vice president of planning and investor relations and Vincent W. Shemo has been promoted to vice president and controller. Prior to joining PolyOne, Mr. Kelley most recently served as the ...
6:70 min
Management
drinktec takes over the PETpoint brand
With effect from 1 October 2009 Messe München GmbH is taking over the rights to the PETpoint brand from heidelberg business media GmbH (hbmedia), Heidelberg. Overall responsibility for drinktec and PETpoint is therefore now with Messe München. PETpoint is a presentation platform for ...
5:23 min
Facts & Figures
Krones publishes its nine-month report for 2009
Business is being hit by the worldwide financial crisis. In the year’s first nine months, sales fell by 22.8 % to 1,364.0 million euros, while pretax earnings were at minus 26.9 million euros. Krones is targeting a break-even result in the year’s final quarter. Krones AG, the world’s ...
3:45 min
Management
LINPAC Packaging rebrands range to simplify ordering for customers
LINPAC Packaging, the leading global food packaging company, has renamed its product range to simplify its growing catalogue of trays and films. The new product hierarchy will standardise tray and film names across Europe, and will make the naming structure more intuitive for LINPAC ...
1:15 min
Management
Alpla and SmartSeal sign agreement on active beverage closures
The two companies specialising in beverage closures have signed a long term agreement that covers manufacturing of the patented SmartSeal FLEX range of closures. The SmartSeal FLEX family of closures are unique in their functionality and design, with an automatically activated valve ...
