Nestlé today announced that it agreed to sell its U.S. confectionery business to Ferrero for USD 2.8 billion in cash. Nestlé’s 2016 U.S. confectionery sales reached about USD 900 million. The transaction is expected to close around the end of the first quarter of 2018 following the completion of customary approvals and closing conditions. Nestlé …
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Harwal Group has signed a deal for its second Bobst 20SIX CI flexo press at its associated company, Riyadh Plastic Factory Company (RPF), which will extend the company’s capacities for production of flexible packaging. Harwal Group’s member, Interplast, based out of Sharjah, became the first to buy a Bobst 20SIX CI flexo press in 2014. …
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More than 60 brand owners directors and print technicians took part in a Comexi open house called Offset Innovation Day at its headquarters in Riudellots de la Selva (Girona, Spain). Comexi demonstrated the improvement it has made in terms of efficiency and productivity like the integration of the cylinder service station with the sleeve-handling robot, …
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Constantia Flexibles is pumping in a double-digit million Euro, INR 100-crore in its Indian subsidiary Ahmedabad-based Parikh Packaging in Gujarat. The flexible packaging specialist made the announcement during the recently concluded PlastIndia show in Gandhinagar, the capital of Gujarat. To be built on a new Greenfield site close to Parikh’s existing production site, Constantia broke …
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Flint Group has acquired Italy’s Eston Chimica, in what it has described as a “tactical strategy to grow organically”. Eston manufactures and sells water-based inks for flexo and gravure applications. Kim Melander, vice president and general manager EMEA and global strategy, paper and board, at Flint, said, “Eston’s facility in Italy is fully automated providing …
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Cosmo Films, a global leader in films for packaging, lamination and labelling applications has announced commissioning of its second Cast Polypropylene (CPP) Line and fourth metaliser, both having an annual capacity of 7500 MT. With the installation of these new lines, the company’s annual CPP films capacity will go from 1800 MT to 9300 MT …
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Bobst will bring to the market a new version of DigiMount, its fully automatic flexo plate mounting system. Launched as SmartDigiMount, the new kit claims to further improve efficiency on narrow- and mid-web inline flexo presses and multi-process printing and converting lines that make use of sleeve technology. The new Smart DigiMount features improved speed and …
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Flex Films, the global film manufacturing of India’s multinational flexible packaging materials and solution company Uflex, has engineered a high-barrier metallised polyester film – Flexmetprotect F-HMB. The film is either untreated or corona treated on the other surface, while metallisation is carried out on the specially treated composite surface imparting metal adhesion or bond strength …
Dow Packaging has introduced a new Project Butterfly by which it will engage in a river clean-exercise as well as educate the local communities on the value of plastics and the importance of not littering. Dow has initiated Project Butterfly with Mashemong Primary School, in the township of Tembisa, South Africa’s second largest township after …
