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30.06.2016 0

Huhtamaki consolidates business in Asia Oceania

Huhtamaki is improving the competitiveness of its foodservice business in China and New Zealand. Operations in both countries have had an adverse effect on the segment's earnings in 2015 and in the first quarter of 2016.

The foodservice packaging manufacturing operations in South China will be consolidated into one more efficient and modernised unit. Actions are expected to have an impact on approx 350 employees across functions.

Manufacturing operations in New Zealand, are reorganized to improve efficiency of the unit, which will impact approx 15 employees.

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02.06.2016 0

SLP aims to enter the Chinese market

SLP Resources Bhd aims to enter the Chinese market by end of this year. According to the company they have secured a customer in the healthcare product industry and expect to produce about 600 tonnes of flexible packaging material in 2017 for this customer. From 2018 on they expect to produce 1800 tpa.

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14.04.2016 0

Slight stagnation on Chinese BOPP market

A modest improvement in margins, along with continuing steady growth helped to lift investment confidence in the BOPP film industry last year - but not in China. After years when 60-70% of new capacity was being installed in China, the focus is now shifting to new markets and those with the highest growth potential.

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07.04.2016 0

Environmental laws in China pose a chance for flexo

Just recently China has adopted stricter environmental laws, which will also have consequences for the printing industry – especially the huge volume of gravure printing. In Xian Shaanxi Beiren Printing Machinery has organised a conference for more than 600 attendees on „Intelligent and Efficient – Green and Environmental-friendly”.

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28.01.2016 0

Amcor acquired Chinese competitor

Amcor announced an agreement to acquire BPI China, the Chinese subsidiary of UK based British Polythene Industries PLC for USD 13 million.

BPI China has one plant located in Xinhui, South China, with state-of-the-art blown film and flexographic printing lines. The business produces flexible packaging products for export and domestic customers. 

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