Materials and Metals Containers and Packaging

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  • July 7- The U.S. Senate on Thursday approved legislation that would for the first time require food to carry labels listing genetically-modified ingredients, which labeling supporters say could create loopholes for some U.S. crops. The Senate voted 63-30 for the bill that would display GMO contents with words, pictures or a bar code that can be scanned with...

  • The deal has also won antitrust approval in Europe and Brazil. The two companies account for 60 percent of beverage can supply in North America, 69 percent in Europe and 74 percent in Brazil, according to Morningstar analysts. European packaging maker Ardagh Group has agreed to buy divested assets for $3.42 billion, including 12 plants in Europe, eight in the...

  • TAIPEI, June 14- Taiwan stocks were little changed on Tuesday amid continued uncertainties in global economies and as Asian shares slipped on mounting worries ahead of a referendum in Britain that could see it exiting the European Union. The main TAIEX index was nearly unchanged at 8,533.77 as of 0149 GMT, after closing nearly 2.1 percent lower in the previous...

  • The penalty is the largest fine the FAA has proposed imposing on Amazon, which the agency said has had a series of at least 24 hazardous materials violations in recent years. The FAA alleged that on Oct. 15, 2014, Amazon sent a UPS package with a one-gallon container of "Amazing! The package leaked and nine UPS employees who came into contact with the box reported...

  • The penalty is the largest fine the FAA has proposed imposing on Amazon, which the agency said has had a series of at least 24 hazardous materials violations in recent years. The FAA alleged that on Oct. 15, 2014, Amazon sent a UPS package with a one-gallon container of "Amazing! The package leaked and nine UPS employees who came into contact with the box reported...

  • The penalty is largest fine the FAA has proposed imposing on Amazon, which the agency said has had a series of hazardous materials violations. The FAA alleged that on Oct. 15, 2014, Amazon sent a UPS package with a one-gallon container of "Amazing! It was not clear how many total times Amazon paid fines or admitted responsibility, since the FAA does not issue press...

  • *4th- qtr sales $1.81 bln vs est. *Profit $1.44/ share vs est. Smucker Co's quarterly net sales jumped 25 percent, beating analysts' estimates, as demand rose for its Folgers and Dunkin' Donuts branded coffee and its pet foods.

  • JOHANNESBURG, June 1- South African packaging manufacturer Nampak scrapped its half-year dividend on Wednesday and said it would reduce its property portfolio to cut debt, sending its shares tumbling 10 percent. The firm's debt has ballooned to more than 7.4 billion rand in the past five years as the dollar-denominated part of it grew as the rand weakened and...

  • TAIPEI, May 30- Taiwan stocks rose on Monday on bargain hunting and led by further gains in Advanced Semiconductor Engineering Inc after the top chip and test packaging company said last week it would join hands with a rival to form a new holding company. On Thursday, ASE and Siliconware Precision Industries Co Ltd, the island's top two chip and test packaging...

  • WHITE HOUSE, FDA ANNOUNCE MODERNIZED NUTRITION FACTS LABEL FOR FOOD PACKAGING- STATEMENT.

  • *High Court finds new rules valid, lawful in all respects. LONDON, May 19- Britain got the go-ahead on Thursday to make plain packaging compulsory on cigarettes when a court rejected a legal challenge brought by the world's top four tobacco companies. In its ruling, the High Court highlighted the moral dimension to the new regulations.

  • LONDON, May 19- Britain got the go-ahead on Thursday to make plain packaging compulsory on cigarettes when a UK court rejected a legal challenge brought by the world's top four tobacco companies. Philip Morris International, British American Tobacco, Japan Tobacco International and Imperial Brands had argued the law, due to come into force on Friday,...

  • LONDON, May 19- Britain can go ahead with implementing its plan to require "plain packaging" on cigarettes this month, after the English High Court on Thursday rejected a legal challenge brought by Big Tobacco companies.

  • Businessman toasting

    Ball Corp. said it along with rival Rexam agreed to sell some assets to Luxembourg-based packaging maker Ardagh Group for about $3.42 billion.

  • The deal would include the sale of about a fifth of the companies' combined can making or producing plants across Europe, Brazil and the United States, Ball said in a statement on Monday. However, the deal earlier ran foul with European antitrust regulators as it would give the enlarged entity considerable market share in Europe, the United States and Brazil.

  • April 25- Drinks can maker Ball Corp said it along with British rival Rexam Plc agreed to sell some assets to Luxembourg- based packaging maker Ardagh Group for about $3.42 billion to meet antitrust regulations ahead of their planned merger. The deal would include the sale of 22 Ball and Rexam manufacturing plants across Europe, Brazil and the United States, the...

  • SETTLEMENT ALSO RELATES TO GOLDMAN'S CONDUCT IN PACKAGING SECURITIZATION, MARKETING-DOJ.

  • LAPPEENRANTA, Finland, March 30- It has created a modest 200 jobs in a Finnish forestry industry that has lost around 20,000 in the past decade, but UPM-Kymmene's new biofuels plant offers long-awaited growth and hope. But the new plant, a global first, is already breaking even after little more than a year in operation in the eastern town of Lappeenranta; its...

  • PCI's private equity owner, Frazier Healthcare Partners, has hired RBC Capital Markets to identify and approach potential buyers, including other buyout firms, the people said on Monday. RBC Capital Markets and PCI did not immediately respond to requests for comment. PCI was formed in 2012, when Frazier acquired the packaging operations of Blackstone Group...

  • TORONTO, March 2- Canada's main stock index rose for a fifth straight session on Wednesday, hitting its highest point this year as gains for materials and energy stocks offset losses for financial and consumer names and railways. "You're seeing some of the big risk factors dissipate, crude oil come back, the Chinese markets stabilize," said Elvis Picardo,...