Staff

REWE alters the course of RFID

The Rewe Group has announced that they will stop the rollout of RFID in its distribution centers – A surprising turnaround in the RFID strategy. Instead, Rewe will focus on the internal application of new technology for tracking their owned reusable crates and containers. “The use of RFID on pallets and packaging/transport packaging doesn’t pay off today,” says Frank Wiemer...[Read More]

Market update on Containerboard

Although longer term the forecast for corrugated boxes is forecast to increase 3 to 4% per year through 2013 (to 213billion square meters), many voice short term concerns. Yes, paper boxes continue to be the environmental choice for packaging to protect and transport items; but, reusable plastic crates are providing competition. Containerboard prices, assisted with good demand, remain steady after...[Read More]

International Paper Profits Soar

International Paper’s profits have more than trebled in its packaging business after a tax rebate and its acquisition of Weyerhauser. In the company’s two packaging divisions, overall operating profit hit $369m, compared to $101m in the same period last year, thanks to a $285m boost from the pre-tax credit. The US firm received a $482 pre-tax credit for using alternative energy sources, a result o...[Read More]

Growth Still Seen in Food Packaging

If the forecast by The Freedonia Group is right, by 2013, Americans will use a staggering 300 billion food containers each year. The Group predicts that US demand for food containers will grow by 2.5 percent annually over the next five years to a total value of $25 billion versus $22 billion in 2008. Demand for bags and pouches has grown by a robust 5.9 percent annually, from $6.9 billion a year i...[Read More]

Weedon PSC buys Bobst kit for RRP growth

Managing director John Weedon said there had been strong demand growth for innovative corrugated packaging in the past year, particularly from discount retailers looking to use retail-ready packaging. “To satisfy this increased level of business we needed to expand our conversion capacity, which is why we ordered the Visionfold and Visioncut,” he said. Bobst said that Staffordshire-based Weedon’s ...[Read More]

Smurfit Kappa cleared for takeover of Mondi UK

“This acquisition would not be a game-changing event but it would consolidate SKG’s position in the UK corrugated market,” Lars Kjellberg, analyst for Credit Suisse, told FoodProductionDaily.com. The takeover, should it go ahead, would allow SKG to improve its operational efficiency and cut costs, he added. “It would of course increase its market share and cement its position as UK number two to D...[Read More]

DS Smith acquiring Otor

Last July the UK-based company announced the €247m (₤207m) takeover, which is subject now to regulatory approval and a shareholder vote. Due to its product mix, Otor operates at significantly higher margins compared to DS Smith and the combination will result in margin improvement for the enlarged group. In addition, DS Smith sees the Otor acquisition as an opportunity to build its presence in the...[Read More]

EU corrugated basis weights 20% heavier basis weights than U.S

Packaging trends in Europe are compared with the U.S. since they occupy similar geographic areas, have similar climates and topographical features, and their containerboard companies supply many of the same global food, beverage and consumer goods companies. However, average basis weights of corrugated are now 20% lighter in Europe than the U.S A critical look at the geographic factors, the fiber ...[Read More]

Demand for corrugated board returns to 2007 levels

Corrugated board manufacturers have reported that packaging volumes are returning to pre-recession levels, thanks in a large part to the stability of the food sector. According to annual statistics from the European Manufacturers of Corrugated Packaging (FEFCO), volumes in the first few months of 2010 have so far exceeded results from 2007, before the financial crisis hit. This improvement comes o...[Read More]

Increase 20% price, increase earning €84 million

Smurfit Kappa Group (SKG), announcing a 20 per cent hike revenue mid August, due to input cost pressures such as raw materials, labour and energy costs. Price recovery helped earnings before interest, tax, depreciation and amortisation (EBITDA) for the three months to end June reach €221m, up from €84 million on the same period last year. SKG chief executive Gary McGann today said that the Group’s...[Read More]

Retail Ready Packaging (RRP)

There is no question that Retail Ready Packaging (RRP) presents the next generation of merchandising. The European market has been utilizing RRP for the past 5 years ago. Several of current Shelf Ready Packaging design styles have been used in North America and Europe for years. The Graphic implications in a RRP program such as: Make the product the champion, Color coding of hood for better brand ...[Read More]

SinoCorrugated South and SinoFoldingCarton 2012

On April 13, SinoCorrugated South and SinoFoldingCarton 2012 ended in Dongguan. The two exhibitions attracted 20,853 visitors over three days. Inside the exhibition halls, 609 industry-leading companies displayed the best corrugated and folding carton manufacturing equipment and packaging and printing consumables across 45,000 sqm. As well as the exhibits, the combined exhibitions featured a numbe...[Read More]

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