A British manufacturer of plastics bags has gone into administration with managing director Michael Flynn saying that it was mainly due to "the English bag legislation and corresponding impact on customer and retailer demand".
DuPont will cut 10 per cent of its 54,000 global workforce as it prepares for its merger with Dow Chemical. The companies announced last month that they would join to create one chemical producer that will eventually be split into three independent companies.
Packaging converter Sonoco Consumer Products Europe is to close two of its production facilities in Germany as part of a general restructuring process and the impact of the revision of the European Tobacco Product Directive, which has had a negative impact on tobacco packaging production.
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