Cookie Department Inc, a cookie maker based out of California has sued Hershey Co for the right to keep using a stylized chocolate chip teardrop on its packaging, following Hershey complained that it looked too familiar with its famous Hershey’s… Read More ›
packaging
Impact of COVID-19 in U.S. beef supply chain
In a significant development, the U.S. Department of Agriculture stated, it will be funding a $1 million research project to identify how COVID-19 could potentially enter the nation’s beef supply chain, starting from cattle in farms to packages of meat… Read More ›
Nestle increase recyclable packaging component in its packing to 87%
In a briefing to the media, Swiss giant Nestle said, it has made considerable progress to increase the share of recyclable packaging for its products to 87%, making its 100% goal by 2025 within reach. The development marks examples of… Read More ›
Thailand’s SCG Packaging Pcl planning $1 billion IPO: sources
During the last couple of years, its sales as well as its profits have touched their all time high. According to two sources with knowledge of the matter at hand, Thailand’s Siam Cement Pcl’s packaging subsidiary is planning on floating… Read More ›
DuPont announces $2 billion share buyback program
The conglomerate is in the midst of a spin off which will see the creation of 3 separate companies – Dow Inc, Corteva and DuPont. In a statement DuPont said, it plans to announce a $2 billion share repurchase program… Read More ›
Apollo close to clinching $3.8 billion plus deal to acquire RPC Group
Growing demand from online shopping as well as reliable cash flows from the plastic packaging sector has since long been a point of interest for private equity. As per a report from the Wall Street Journal, private equity firm Apollo… Read More ›
McDonald’s to no longer use plastic straws across UK and Ireland
In an environmentally conscious move, McDonald’s is the latest restaurant chain to phase out plastic straws from its restaurants. The development will enable all of its packaging to become recyclable. On Friday, the BBC reported, starting from September 2018, McDonald’s… Read More ›
Retailers and shippers feel the pinch of free delivery costs
With FedEx and UPS unable to replicate the revenue model of Amazon.com’s $99 a year Prime membership model, shippers and retailers are feeling the squeeze. In an unassuming building located in Addison, Chicago, engineers from United Parcel Service Inc. have… Read More ›