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HSM moves into new building

by News System

The new administrative building of HSM GmbH + Co. KG in Frickingen has been complete for some time now and a few weeks ago the manufacturer of document shredders, cutting machines and baling presses from Baden, Germany moved in.

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Europe's largest juice packaging plant comes on line

New facility in Spain will process up to 400,000 tonnes of local citrus from 57 suppliers to produce up to 100 million litres of juice

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Sheet extruders appoint agency to represent them in eastern Europe

PTi. sheet extrusion has appointed Daniel Craig Mcallister /Mcallister Mathison agencies to represent them in Eastern Europe.

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Linpac reacts to shareholders wanting out

LINPAC, the international packaging manufacturer, notes recent press commentary in respect of the potential exit choices available to its shareholders.

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SCA relocates to 'green' building

SCA Group headquarters will be relocated to the Waterfront Building, Stockholm’s new landmark, by Central Station. The move was carried out at the beginning of March and represents a cost-efficient solution that reflects the SCA of today and tomorrow. The Waterfront Building conforms to a range of requirements governing environmentally friendly workplaces of the future.

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Another retailer trying to cut costs using the excuse of green credentials

Eataly is phasing out traditional plastic carrier bags and adopting biodegradable and compostable bags and disposable tableware in Mater-Bi. Mater-Bi® is the family of bioplastics developed and marketed by Novamont which is naturally biodegradable and compostable in accordance with European regulations UNI EN 13432 and UNI EN 14995.

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Lay offs at recycling in Germany

Metso has concluded negotiations with the workers council about lay-offs in Metso´s metal recycling business. All personnel categories in Metso´s unit in Düsseldorf, Germany are affected by the reductions, altogether 115 people.

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DS Smith notes sales below level of three years ago

DS Smith has released a report which claims that demand for corrugated packaging in the European market continues to recover, although it is still below the level at this time in 2007.

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PP plant to close

LyondellBasell Industries today announced a project to cease the production of polypropylene (PP) at Terni, Italy. The company has started the employee consultation process regarding a project to permanently shut down the unit.

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Part of Alcan Packaging acquired

Bemis Company, announced today that it has completed its acquisition of the Food Americas operations of Alcan Packaging, a business unit of Rio Tinto plc . Under the terms of the $1.2 billion transaction, Bemis acquired 23 Food Americas flexible packaging facilities in the U.S., Canada, Mexico, Brazil, Argentina, and New Zealand which recorded 2009 net sales totaling $1.4 billion. These facilities produce flexible packaging principally for the food and beverage industries and will augment Bemis' product offerings and technological capabilities. The transaction is expected to be accretive to both diluted GAAP earnings per share and adjusted earnings per share, beginning in 2010.

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Take over announced on Croatian board producer

Duropack AG, a 100% subsidiary of Constantia Packaging AG, has held 24.7% in the leading Croatian paper and corrugated board manufacturer Belisce d.d. Following the signing of a contract for the purchase of further shares, the 25%-threshold has been reached, so Duropack has to submit a takeover offer for 100% of the shares. This offer will be published immediately after approval of the Croatian Takeover Commission.

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