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WPG on the right path

Despite intensive pressure on prices, Germany's Weidenhammer Packaging Group (WPG) has reported positive results for 2012, with sales revenues up 6.5 per cent on 2011 at €245 million ($320m).

New purchasing patterns boost rigid plastics

The global rigid plastics packaging market will reach a value of $161.11 billion this year, according to a report by visiongain. A number of favourable consumer trends, along with developing markets, will drive this growth.

Pepsi bottle relaunch with a twist

Beverage giant PepsiCo is introducing a new bottle shape for its Pepsi brand for the first time in 16 years.

Rigid plastics recycling surpasses milestone

The recycling of rigid plastics, excluding bottles, climbed 13 per cent in 2011 to reach at least 934 million pounds (423,650 tonnes) for the year, and US consumers with local access to recycle non-bottle rigid plastics shot from 40 per cent to 57 per cent between 2011 and 2012, according to a pair of reports released today at the Plastics Recycling Conference in New Orleans, USA.

Finnish converter seeks better efficiency

Finnish packaging converter Huhtamaki Oyj has started efficiency improving measures in order to improve competitiveness within its Foodservice Europe-Asia-Oceania segment.

Saucy bag concept receives accolade

The 'Mix & Shake Bag' by Coldec has been awarded the 'Package of the Year' accolade by the Association for Dressings and Sauces (ADS) in the US.

Stull Technologies acquired by MRP

Rigid packaging manufacturer, Mold-Rite Plastics (MRP) has acquired caps   and closures manufacturer Stull Technologies.

Sonoco taking care of growth with expansion

Plastics packaging producer Sonoco has commenced commercial production at its $15 million rigid plastics container plant in New Albany, Ohio, which the US company plans to use to grow its Beauty and Home Care business.

Spartech another specialty deal in PolyOne transformation

PolyOne has expanded its specialty portfolio with the $393 million purchase of US-based Spartech Corporation. The deal includes the assumption of Spartech's net debt of

REXAM SELLS ITS PERSONAL CARE BUSINESS

Packaging converter Rexam is to sell its Personal Care business for US$709 million (£452m).
The business is to be sold in two parts: the Cosmetics, Toiletries and Household care products business (CTH) to an affiliate of private equity firm Sun Capital Partners for $459m in cash; and the High Barrier Food packaging business (HBF) to a subsidiary of Silgan Holdings for $250m in cash.

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