Krones has reported robust financial results for the first nine months of 2024, with revenue increasing by 11.2% year-on-year to €3.87 billion, aligning with its full-year growth forecast of 9% to 13%. The company recorded an order intake of €1.32 billion in the third quarter, slightly exceeding the previous quarter and remaining close …
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Koenig & Bauer and ACTEGA have renewed their partnership for an additional three years, continuing their collaboration to advance high-quality inline finishing technologies. The partnership, established in 2016, has played a pivotal role in enhancing finishing processes for the print and packaging industries. The extended agreement, effective from November 1, focuses on several …
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Ferrum Packaging AG and KHS GmbH have announced the acquisition of H.F. Meyer Maschinenbau GmbH & Co. KG, effective January 1, 2025. The merger aims to enhance expertise in canning technology while preserving H.F. Meyer’s independence under the Ferrum Group umbrella. H.F. Meyer, known for its specialized canning technology, including can turners, rinsers, …
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Berry Global has introduced its new DecoFusion™ tube technology, designed to improve branding and sustainability in the packaging market. The patented technology allows for 360° uninterrupted artwork and features thinner sidewalls, reducing material usage while enhancing the consumer experience. The new tubes are constructed using a hybrid technology process that combines high-resolution graphics …
Amcor plc and Berry Global Group, Inc. have announced an all-stock merger, creating a global packaging leader. The combined company will focus on consumer and healthcare packaging, with shareholders from Amcor and Berry holding approximately 63% and 37% ownership, respectively. The boards of both firms have unanimously approved the merger, valuing Berry’s common …
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Indorama Ventures has announced a collaboration with Suntory, ENEOS Corporation, Mitsubishi Corporation, Iwatani, and Neste to launch the world’s first commercially produced PET bottles made from bio-paraxylene. The innovative bottles, made from used cooking oil, mark a significant step in sustainable packaging, with the potential to reduce CO2 emissions in PET production. Starting …
Tetra Pak and Lactalis have introduced a carton package using certified recycled polymers linked to used beverage cartons, marking a significant development in the beverage carton industry. The material is certified by the International Sustainability and Carbon Certification (ISCC) PLUS and is sourced from the recycling process of used beverage cartons in Spain. The …
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Coveris has consolidated its medical packaging offerings under the MediFlex brand following significant investments in its production facilities. The move is aimed at strengthening its position in the growing medical packaging sector. “The demand for high-quality, sustainable medical packaging is steadily growing, and Coveris has responded by investing over 8 million euros in …
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Neopac, a provider of packaging solutions for the pharmaceutical, beauty, and oral care industries, will showcase its new Polyfoil® Mono-Material Barrier (MMB) Mini tubes at CPhI Milan, taking place from October 8-10. The new tubes, now available in diameters ranging from 13.5mm to 16mm, expand the company’s portfolio of high-barrier, mono-material packaging solutions. …
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Wipak Group has announced a series of multi-million-euro investments aimed at enhancing its operations and supporting its sustainability goals. The investments, set to take place across various Wipak sites in the coming years, reflect the company’s commitment to driving innovation while reducing its environmental impact. As part of its decarbonization strategy, Wipak has …
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