Graphic Packaging Company reports third-quarter sales increase

USA - Graphic Packaging Holding Company, a leading provider of packaging solutions to food, beverage and consumer product companies, has reported net income for third quarter 2017 of US$47.3 million, or US$0.15 per share, based on 310.9 million weighted average diluted shares. This is an improvement compared to the third quarter 2016 net Income of…

India to introduce new food packaging regulations

INDIA - India’s food regulator will soon set new norms for pouches, foil containers, bottles and boxes that are used to package food and beverages to address concerns over contamination arising from sub-standard material and the printing on them. “There will be separate regulations for packaging, for which draft regulations will be out soon,” said…

Sonoco Packaging reports third-quarter sales increase

USA – American packaging company Sonoco has reported record third-quarter sales of US$1.32 billion, a 9.6% increase from US$1.21 billion for the same period in 2016 with gross profit 6.6% higher at US$250.9 million. The company reported a net income amounting to US$73.4 million, also 11.3% increase on the same quarter last year. According to…

Bosch Packaging receives Green Star Packaging Award

AUSTRIA – Bosch Packaging Technology has been awarded with the Green Star Packaging Award 2017, for the first vertical form, fill and seal machine (VFFS) for producing dust-tight sealed paper packaging. The jury noted that the fully recyclable paper packaging conserves resources and reduces wastes, which supports the basic idea of the Green Star Packaging…