Alcoa have reached an agreement with Amcor PET packaging to sell them their polyethylene terephthalate (PET) packaging business in South America. The acquisition will cost Amcor $75 million and is scheduled for completio...
Following on from legislation introduced in other countries such as South Africa, Australian politicians are lobbying for a levy to be placed on the use of plastic shopping bags.
The move follows on from retailers fai...
Under new legislation, it has become illegal for South African retailers to distribite thin plastic bags. Retailers found to be violating these new laws face 100,000 Rand fines or up to 10 years in prison.
New regulat...
Following Alcan’s acquisition of VAW Flexible Packaging from Norsk Hydro. The purchase included shares in a number of companies throughout Europe and Asia.
As a result of the transaction, Alcan have acquired a 6...
The US Food and Drug Administration (FDA) have just approved BASF’s UV absorber Uvinul® 3030 for use in food contact applications. This follows on from the granting of similar approvals by the European Union (E...
Alcan has now completed the acquisition of VAW Flexible Packaging from Norsk Hydro for approximately 345 million Euro.
The acquisition strengthens Alcan’s position in the packaging market and provides them with ...
Bemis have been informed that the US Department of Justice will be filing a civil antitrust lawsuit to block the sale to block the sale of their pressure sensitive materials business to a subsidiary of UPM-Kymmene. The d...
Industrial packaging leaders Greif Bros have just opened a steel drum plant in Jiangsu, China. Jiangsu is located near the major port of Shanghai.
The new plant is in addition to their Ningbo plant, which has been ope...
Alcan have just been given approval by the European Commission to acquire VAW Packaging (FlexPac) from Norsk Hydro as reported previously.
The promptness of the response from the European Commission will allow Alcan t...
Japan’s Kureha Chemical Industry have announced that they will set up a joint venture with Toyota Tsusho Corp to produce resin for food packaging in China.
The joint venture will be called Nantong SKT New Materi...
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