MALAYSIA – The Malaysian government needs to enact a standalone law on tobacco control with standardised packaging rules before the Trans Pacific Partnership (TPP) Agreement comes into effect.
INDIA – Bobst’s 2015 results for its gravure printing presses sales in India were significantly positive, as the company continues to woo domestic flexible packaging manufacturers.
SINGAPORE – KBA has appointed Andreas Friedrich as the new general manager of KBA Asia Pacific in Singapore.
EUROPE - Mars is in the final stages of launching a bio-based packaging material for its Snickers and Mars chocolate lines to reduce the carbon footprint of existing packaging materials, according to Thijs Rodenburg, CEO of Rodenburg Biopolymers, a producer…
GLOBAL - Avery Dennison has announced a definitive agreement to acquire the European business of Mactac from Platinum Equity, a California-based private equity firm, for the purchase price of EUR200 million including assumed debt.
SINGAPORE - Crown Holdings Inc has announced the appointment of Robert H. Bourque Jr. to President of CROWN Asia Pacific effective 1 May 1 2016.
MALAYSIA - Fraser & Neave Limited (F&N) is investing over US$51.25 million (RM210 million) to expand production capacity and fuel business growth in Malaysia.
AUSTRALIA – Dutch process and conveyor belting manufacturer Ammeraal Beltech has acquired its long-standing Australian distribution partner Rydell Industrial (Belting) Co.
VIETNAM – Vietnamese dairy giant Vinamilk has decided to remove its 49% foreign ownership cap, a move expected to generate interest from overseas investors in a company valued at US$7.85 billion.
GLOBAL – Global alcoholic drinks volumes registered a decline of 0.7% in 2015, entering negative territory for the first time in more than a decade, according to new research released by Euromonitor International.
GLOBAL - Even with the price of oil hovering around $30 a barrel, PLA can remain very cost competitive, according to NatureWorks’ CEO Marc Verbruggen, speaking exclusively to PackWebasia.com Editor, Trina Tan.
GLOBAL - Bemis Company Inc has acquired the medical device packaging operations and related value-added services of SteriPack Group, a global manufacturer of sterile packaging solutions for medical device and pharmaceutical applications.