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In this issue

World News

Alcan veteran Michael Cronin to head up SCA Packaging

SCA has hired Alcan's former head of European food packaging Michael Cronin to lead a new drive for profitability in its own packaging operations.

Josh Brooks, packagingnews.co.uk, 08 January 2010

Latest World News

Mayr-Melnhof sees slow going in cartonboard price hikes

Mayr-Melnhof (MM) has indicated it is struggling to push through price increases for cartonboard as...

Amcor rejects £424m price-fixing damages estimate

Amcor has rejected an estimate of AUD697m (£424m) in damages to customers over price fixing with rival...

O-I buys Argentinian firm for Latin American growth

Glass manufacturer O-I is targeting expansion in Latin America after buying a majority share in Argentinian...

UPM: Finnish strike 'getting worse by the day'

UPM has revealed the extent that Finland's dock workers' strike is having on its paper business as its...

UK

Ineos Nova owner in talks over Gulf cash injection: reports

Styrenics manufacturer Ineos Nova's British joint venture owner is in talks with Middle Eastern and...

Swanline invests in die-cutter to boost large-format printing

Point-of-sale display and packaging specialist Swanline Print has bought a Klett Cobra Express high-speed...

Asia

French consortium takes on Asian manufacturing

A consortium of nine manufacturing and logistics firms is looking to challenge Asian manufacturing by...

Emerging market growth boosts Tetra Pak sales

Tetra Pak achieved a year-on-year sales increase of 1.2% in 2009, which the carton manufacturer attributed...

Australasia

Amcor chief says Alcan acquisition was a bargain

Amcor chief executive Ken MacKenzie has said that the $2bn acquisition of much of Alcan's business was...

Rigids sell-off puts Huhtamaki back in black

Huhtamaki's rigid plastics sell-off has helped it return to profit in 2009, results published today...

Africa

Mondi reports 36% drop in 2009 profit

Mondi has said it will not rule out further capacity closures after pre-tax profit fell by more than...

Mondi operating profits to drop more than 20%

Mondi has revealed a drop in profits of at least 20% for the second half of 2009 and one-off charges...

North America

Scientists claim breakthrough in recyclability of plastics: video

US researchers hope to boost plastic packaging recycling with a method that increases the number of...

Bemis completes Alcan acquisition

Bemis has completed its $1.2bn (£800m) acquisition of the Alcan Packaging Food Americas flexible packaging...

South America

Bemis sales drop as Alcan buy nears completion

Bemis has said it expects to complete its acquisition of 23 Alcan plants in the Americas by the end...

World's biggest brands unite on pack sustainability language

The world's most powerful brands and packaging manufacturers are to pilot a new common language of definitions...