Global consumer packaging manufacturer Crown Holdings has signed an agreement to acquire Spanish food can manufacturer Mivisa Envases for approximately €1.2bn.
Crown will acquire the two and three-piece food cans and ends specialist from investment funds managed by associates of The Blackstone Group and Mercapital.
Mivisa, situated in Murcia, Spain, is one of the largest food can producer in the Iberian Peninsula and Morocco.
It operates ten manufacturing facilities, including six in Spain and one in Morocco.
Coca-Cola has opened a new €22m bottling line in Ploiesti, Romania, to increase the availability of the company's Cappy Pulpy orange juice drink across Eastern and Central Europe.
Coca-Cola HBC Romania bottles Coca-Cola products in three Romanian plants, which are distributed to around 64,000 customers through a network of 20 warehouses and distribution centres.
Coca-Cola HBC is the second-largest bottler of Coca-Cola products in terms of volume of sales, with around two billion unit cases. The company has operations in 28 countries, serving a population of around 581 million people.
A new report by the Association of Postconsumer Plastic Recyclers (APR) and the American Chemistry Council (ACC) has revealed that the recycling rate for plastic bottles in the US increased by 1.6% in 2012.
Recycling in general has increased by 6.2%, while bottle recycling increased by less to reach 30.5% for the year.
The collection of high-density polyethylene (HDPE) reached one billion pounds in 2012, allowing HDPE imports to decrease by 35% over the course of the year.
Closed Loop Recycling has announced plans to expand the HDPE recycling capability of its Dagenham-based plant to 55,000t a year, in a bid to meet increased demand for recycled HDPE milk bottles from the dairy industry.
The expansion is expected to double the supply of recycled HDPE in the UK market and divert 30,000t of carbon emissions in the process.
The company also noted that many companies have invested in technology and plants to complete the HDPE recycling loop.
Packaging firm Sidel has designed a new 0.5l PET bottle for still water called RightWeight.
Weighing around 7.95g, the bottle represents 34% less weight compared to the average 0.5l water bottle that is available on the market.
The bottle also offers a top-load performance of 33kg without nitrogen dosing, using standard 26/22 caps.
Top-load resistance is the maximum load capacity of an empty PET bottle.
Packaging firm Starlinger has added a new easy open feature to its PP*STAR pinch-bottom bags for various packaging applications.
Starlinger's new feature offers a more consumer-friendly approach by dispensing with the need for scissors or a knife to open poly-woven bags.
The bags will be used in the food sector, for animal feedstuff and pet care products, as well as for dry powders and bulk goods in the industrial and end-consumer sectors.
FoodMinds has joined with Nutrition Impact and EAS Consulting to create Food Label Compass, a service to help food and drinks companies navigate the Food and Drug Administration (FDA) overhaul of nutrition facts labels.
The FDA plans to update its 20-year-old label policies, presenting challenges and opportunities that companies will need to quickly understand and adapt to.
Food Label Compass will harness the expertise of the founding firms to create a suite of nutrition analysis, regulatory consulting and strategic services.
Packaging firm Amcor Flexibles has introduced the Vodex Generation II, a new barrier liner for cereals and other bag-in-box foods.
A successor to the original Vodex, which still used by dry food producers, the new liner offers improved easy-opening, puncture resistance, better packaging machine performance and opportunities to downgauge customer film requirements.
The Vodex Generation II also includes all the values of the original liner, such as avoiding mineral oil hydrocarbon (MOH) migration and offering recyclability, breathability and aroma and flavour retention.
Consumers crave experiences, they want to be engaged and excited and one way for packaging brands to address this is to get personal.