11 July 2023
11 July 2023
The country's government is encouraging the packaging industry to make the most out of active FTAs to increase export potential.
The packaging company has closed facilities, repositioned assets, consolidated manufacturing in China, and brought a warehouse and distribution centre in-house.
The fund acquired 67,146 shares, bringing its total ownership of the industrial products company to 83,012 shares.
The move could potentially be the first ever fibre-based cap introduced into the milk carton market.
The investment will primarily be used for the installation of a new kraft paper machine at the facility.
The company's new air conditioner, refrigerator, and washing machine models come equipped with energy-saving features.
The deal marks Imperial Dade's 67th acquisition under the guidance of chairman Robert and CEO Jason Tillis.
The Global Connected Packaging Summit 2023 hosted a discussion on how companies can ensure product authentication through packaging technology.
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