Materials Containers and Packaging

  • FRANKFURT, March 21- Italian engineering group Coesia and German industrial holding Koerber are preparing offers for Bosch's packaging machinery business, people close to the matter said. The Bosch business, which competes with Italy's IMA, makes machines for pharmaceuticals and food packaging, employs 6,100 staff and has revenues of about 1.3 billion...

  • *Groups have until April 1 to offer remedies to Commission. FRANKFURT, March 21- Tata Steel is likely to offer to sell parts of its European packaging activities to secure regulatory approval for a planned joint venture with Thyssenkrupp, three people familiar with the matter told Reuters. The two steelmakers on Wednesday agreed an eight-day extension to a...

  • FRANKFURT, March 21- India's Tata Steel will likely offer parts of its European packaging activities in a bid to seek regulatory approval for a planned joint venture with Germany's Thyssenkrupp, three people familiar with the matter told Reuters. Offering some packaging steel assets would address one of the areas that have been singled out by the European...

  • March 10- U.S. construction and building materials supplier GCP Applied Technologies Inc is nearing a deal over the composition of its board with activist hedge fund Starboard Value LP, people familiar with the matter said on Sunday. The agreement would come after Starboard amassed a 4.6 percent stake in GCP and put forward five nominees to stand for election...

  • BRUSSELS, March 7- The European Commission has opened an investigation to examine whether tax rulings granted by Luxembourg to Finnish food and drink packaging company Huhtamaki are in breach of EU state aid rules, it said on Thursday. "The Commission will carefully investigate Huhtamaki's tax treatment in Luxembourg to assess whether it is in line with EU...

  • BANGKOK, Feb 27- Indorama Ventures is targeting a 25 percent spike in revenue for 2019 and plans to invest $5.5 billion over the next four years to further grow its fibres, chemicals and upstream business, CEO of the Thailand- based company said on Wednesday. The firm plans to split $4 billion of the investment budget across its packaging, chemicals and olefin...

  • Coca-Cola launched an orange vanilla variant in February 2019 in North America

    Earlier this month, Coke launched an Orange Vanilla flavor in North America, the first new variety for its original drink in more than a decade. On Monday, Coke released a commercial for the drink, based around a 1970s car chase movie theme.

  • *FTSE 100 up 0.4 pct. *FTSE 250 up 0.7 pct. Feb 13- Britain's FTSE 100 rose on Wednesday as positive results and hopes of a possible delay to exit from the European Union lifted housebuilders, while packaging firms DS Smith and Smurfit Kappa were boosted by the latter's earnings.

  • *FTSE 100 up 0.5 pct. *FTSE 250 up 0.6 pct. The FTSE index was up 0.5 percent and the midcaps were 0.6 percent higher by 0909 GMT, ahead of inflation data due at 0930 GMT.

  • KELLOGG CFO SAYS FREIGHT, PACKAGING, OTHER INPUTS COSTS EXPECTED TO REMAIN INFLATIONARY.

  • *FTSE 100 down 0.9 pct. *FTSE 250 down 0.5 pct. The FTSE 100 fell by 0.9 percent as sterling climbed to a 10- week high, effectively bringing down the value of the U.S. revenues of blue-chip exporters.

  • *STOXX 600 ends down 0.1 pct. LONDON, Jan 23- European shares were sluggish on Wednesday as a batch of poor corporate updates added to worries about a global growth slowdown and China-U.S. trade negotiations. "I'm not so sure that this rebound is sustainable, without more positive newsflow, be corporate or on the US-China trade dispute front," said Stephane Ekolo,...

  • *FTSE 100 down 0.1 pct. *FTSE 250 edges 0.5 pct lower. The FTSE 100 was 0.1 percent lower at 1019 GMT, off earlier lows as investors sought safety in stocks considered to be a better bet during times of economic uncertainty, including AstraZeneca, GlaxoSmithKline and National Grid.

  • *FTSE 100 down 0.4 pct. *FTSE 250 edges 0.3 pct lower. FTSE 100 was 0.4 percent lower, falling for a second day, and the mid-cap index shed 0.3 percent as of 0928 GMT, joining a broad-based sell-off across global stocks.

  • LONDON, Jan 23- European shares dipped on Wednesday morning as a new batch of corporate updates prompted fresh concerns, particularly on the tech sector, and added to worries about a global growth slowdown and Sino-U.S. trade negotiations. At 0941 GMT, the STOXX 600 was down 0.1 percent, with most bourses across Europe losing ground and a number of steep individual...

  • Dec 13- Soda can maker Ball Corp said on Thursday it plans to sell its manufacturing facilities in China for about $225 million following an excess supply of beverage cans in the country. "Excess industry capacity in China has led to unsustainable business conditions and inadequate returns on capital deployed relative to Ball's expectations," company...

  • Dec 13- Soda can maker Ball Corp said on Thursday it would sell its beverage packaging facilities in China for about $225 million. Ball, which makes cans for Coca-Cola Co and Molson Coors Brewing Co, plans to sell the facilities to Chinese metal packaging company ORG Technology Co.. Ball said proceeds from the sale will support its global expansion and multi-year...

  • An employee unloads a truck load of Amazon.com packages at the United Parcel Service (UPS) Chicago Area Consolidation Hub in Hodgkins, Illinois.

    David Abney, UPS chairman and CEO, joins CNBC's "Squawk Alley" to talk about holiday shipping and the strength in the economy.

  • Dec 3- RPC Group Plc said on Monday it had ended talks on a takeover with U.S. private equity firm Bain Capital, leaving Apollo Global Management in the lead to buy Europe's biggest plastics packager and sending its shares lower. The packaging industry has seen a raft of deals this year, with Australia's Amcor Ltd buying U.S. firm Bemis Co for $5.25 billion and DS...

  • Dec 3- RPC Group Plc has ended talks to be taken over by U.S. private equity firm Bain Capital, it said on Monday, leaving Apollo Global Management in the lead to buy Europe's biggest plastics packager. RPC said discussions with Apollo, a New York- listed private equity firm, were ongoing. The packaging industry has seen a raft of deals this year, with Australia's Amcor...