Packaging and labeling

EQS-News: Mayr-Melnhof Karton AG: MM reports results for the first quarter of 2023

Retrieved on: 
Tuesday, April 25, 2023
EUR, Essentra Packaging, Report, Acquisition, Investment, Packaging and labeling, MM, Growth, Press release, Oswald, Lumber, Lithium

In the division MM Packaging, demand tended to be weaker in the first months, but was overall still resilient.

Key Points: 
  • In the division MM Packaging, demand tended to be weaker in the first months, but was overall still resilient.
  • At MM Packaging, the focus is primarily on the integration of the Ex-Essentra Packaging business with cost optimization and structural adjustments.
  • Accordingly, 2023 will be a transition year for MM Board & Paper on the one hand and an integration year for MM Packaging on the other hand.
  • As already indicated, 2023 will be a transition year for MM Board & Paper and an integration year for MM Packaging with profitability below the trend line after being above in 2022.

Capstone Partners Reports: Industrials M&A Remains Resilient Amid Economic and Geopolitical Uncertainty

Retrieved on: 
Thursday, April 20, 2023
EV, GPT, Atomically precise manufacturing, Construction, National Waste & Recycling Association, Weakness, Sale, Capstone Partners, EBITDA, Acquisition, Consumer, HVACR, Knowledge, Plastech Engineered Products, Industrial, Dow Jones Industrial Average, Pharmaceutical industry, Packaging and labeling

Exclusive insights into Industrials M&A activity and market valuations across seven key sectors.

Key Points: 
  • Exclusive insights into Industrials M&A activity and market valuations across seven key sectors.
  • Consistent with the general economic outlook and overall public market performance, valuations and EBITDA multiples in the Industrial sectors for 2022 were a tale of two halves.
  • By the end of fall, valuations began to rebound as uncertainty around the economic environment began to subside.
  • What trends are driving M&A activity across the Industrials industry, as well as specific trends impacting each of the seven highlighted subsectors.

Yili Group Wins 17 World Food Innovation Awards

Retrieved on: 
Friday, March 24, 2023
Zinc, Temperature, Dairy product, Taurine, Cheese, Yili Group, Ice cream, Folate, Lactoferrin, Packaging and labeling, Board for International Food and Agricultural Development, Milk, FSC, National Medal of Technology and Innovation, Dairy

LONDON, March 24, 2023 /PRNewswire/ -- The winners of the World Food Innovation Awards 2023 were announced at the International Food and Drink Event (IFE) on March 20 in the UK.

Key Points: 
  • LONDON, March 24, 2023 /PRNewswire/ -- The winners of the World Food Innovation Awards 2023 were announced at the International Food and Drink Event (IFE) on March 20 in the UK.
  • With outstanding performance in innovation, Yili Group became the biggest winner with the most awards.
  • Together with its subsidiary Ausnutria Dairy, the company took one top prize, notably ranked among finalists for 13 awards and received commendation for three more awards.
  • Meanwhile, AMBPOMIAL Youqier, a unique combination of a sparkling drink and a yogurt product, was also named a finalist for the Dairy Product and Food Innovation awards.

Yili Group Wins 17 World Food Innovation Awards

Retrieved on: 
Friday, March 24, 2023
Zinc, Multimedia, Temperature, Dairy product, Taurine, Cheese, Yili Group, Ice cream, Folate, Lactoferrin, Packaging and labeling, Board for International Food and Agricultural Development, Milk, FSC, National Medal of Technology and Innovation, Dairy

LONDON, March 24, 2023 /PRNewswire/ -- The winners of the World Food Innovation Awards 2023 were announced at the International Food and Drink Event (IFE) on March 20 in the UK.

Key Points: 
  • LONDON, March 24, 2023 /PRNewswire/ -- The winners of the World Food Innovation Awards 2023 were announced at the International Food and Drink Event (IFE) on March 20 in the UK.
  • With outstanding performance in innovation, Yili Group became the biggest winner with the most awards.
  • Together with its subsidiary Ausnutria Dairy, the company took one top prize, notably ranked among finalists for 13 awards and received commendation for three more awards.
  • Meanwhile, AMBPOMIAL Youqier, a unique combination of a sparkling drink and a yogurt product, was also named a finalist for the Dairy Product and Food Innovation awards.

EQS-News: Mayr-Melnhof Karton AG: MM reports Annual Results 2022

Retrieved on: 
Thursday, March 16, 2023
Annual report, The Annual Report, Acquisition, Sale, Essentra Packaging, Internet, Saskatchewan River Sturgeon Management Board, Oswald, Investment, EBITDA, Essentra, MM, Environment, Growth, Packaging and labeling, Annual, Policy, Eerbeek, Management, Lithium, EUR, Količevo

Together with the two acquisitions of the previous year in the Board & Paper division, MM Kwidzyn and MM Kotkamills, they are part of the transformation of MM to increase value and growth abilities of the MM Group through acquisitions and operational optimization.

Key Points: 
  • Together with the two acquisitions of the previous year in the Board & Paper division, MM Kwidzyn and MM Kotkamills, they are part of the transformation of MM to increase value and growth abilities of the MM Group through acquisitions and operational optimization.
  • The growth in operating profit from EUR 269.6 million to EUR 510.3 million mainly results from the division MM Board & Paper due to improved operations as well as the full-year inclusion of the previous year’s acquisitions.
  • In contrast, the operating profit of MM Packaging decreased due to one-off expenses despite a favorable organic growth of approximately 5 %.
  • The Annual Report 2022 will be available as of April 5, 2023.

Global Polystyrene Market Report 2023: Demand from Packaging, Automotive and Electronics Industries Fuels Growth - ResearchAndMarkets.com

Retrieved on: 
Wednesday, March 15, 2023
Chemicals, Plastics, Manufacturing, Heat, DIC Corporation, Water, Light, EPS, Thermal conductivity, International trade, Television, Styrene, Construction, Database, Food packaging, Formosa Plastics Corp, Polymer, TotalEnergies, Consumer, Versalis, Gasoline, Household, HIPS, LG Chem, Japan, Thermoplastic, Chemical, Polystyrene, INEOS Styrolution, Building, Graft polymer, Packaging and labeling

The global Polystyrene market stood at approximately 10 million tonnes in 2021 and is expected to grow at a steady CAGR of 3.79% during the forecast period until 2030.

Key Points: 
  • The global Polystyrene market stood at approximately 10 million tonnes in 2021 and is expected to grow at a steady CAGR of 3.79% during the forecast period until 2030.
  • Its insulation and high strength drive its heavy usage in the construction industry, which further fuels the Polystyrene demand.
  • Based on grade, the Polystyrene market is segregated into High Impact Polystyrene (HIPS) and General purpose polystyrene (GPPS) grade.
  • Based on the end-user industry, the Polystyrene market is segmented into Packaging, Household appliances, Consumer electronics products, Building and construction, and Others.

Transcontinental Inc. Announces Results for the First Quarter of Fiscal 2023

Retrieved on: 
Wednesday, March 8, 2023
Printing, Samsung Galaxy Note 3, Marketing, Press, International, Tax, Bronchoscopic lung volume reduction, Bank statement, Depreciation, Packaging and labeling, Corporation, Security (finance), Real estate, Bank

MONTRÉAL, March 08, 2023 (GLOBE NEWSWIRE) -- Transcontinental Inc. (TSX: TCL.A TCL.B) announces its results for the first quarter of fiscal 2023, which ended January 29, 2023.

Key Points: 
  • Revenues increased by $16.4 million, or 2.4%, from $690.6 million in the first quarter of 2022 to $707.0 million in the corresponding period of 2023.
  • Operating earnings before depreciation and amortization decreased by $14.8 million, or 16.3%, from $90.7 million in the first quarter of 2022 to $75.9 million in the first quarter of 2023.
  • Adjusted operating earnings before depreciation and amortization decreased by $4.9 million, or 5.5%, from $89.0 million in the first quarter of 2022 to $84.1 million in the first quarter of 2023.
  • In terms of profitability, we expect an increase in adjusted operating earnings before depreciation and amortization for fiscal year 2023 compared to fiscal year 2022.

STATS ChipPAC's Automotive Millimeter Wave Radar Packaging Solution Receives Customer Award

Retrieved on: 
Friday, February 24, 2023
The Final Test, Professional, AIP, Ball grid array, AI, Growth, Communes of Burundi, PTE, Integrated passive devices, SOC, Multimedia, Radar, Packaging and labeling, MEMS, STATS, IPD

This award was in recognition of STATS ChipPAC for its excellent service in cooperation with Calterah in the development of automotive millimeter wave radar products and other businesses.

Key Points: 
  • This award was in recognition of STATS ChipPAC for its excellent service in cooperation with Calterah in the development of automotive millimeter wave radar products and other businesses.
  • Calterah is committed to becoming the world's top provider of millimeter wave radar chips and solutions, providing global customers with millimeter wave radar technology with higher performance and lower energy consumption.
  • At present, STATS ChipPAC has cooperated with customers in the development of SOC products with high-precision automotive millimeter wave radar transceiver chips and integrated antenna (AiP) and achieved stable mass production.
  • STATS ChipPAC's packaging solutions cover a wide spectrum of semiconductor markets, including communications, computing, consumer, automotive, and industrial, certified for use in applications such as ADAS Radar, 5G mm wave communication, Fiber Optic Communication, High-Performance Computing, AI, and MEMS.

STATS ChipPAC's Automotive Millimeter Wave Radar Packaging Solution Receives Customer Award

Retrieved on: 
Friday, February 24, 2023
The Final Test, Professional, AIP, Ball grid array, AI, Growth, Communes of Burundi, PTE, Integrated passive devices, SOC, Radar, Packaging and labeling, MEMS, STATS, IPD

This award was in recognition of STATS ChipPAC for its excellent service in cooperation with Calterah in the development of automotive millimeter wave radar products and other businesses.

Key Points: 
  • This award was in recognition of STATS ChipPAC for its excellent service in cooperation with Calterah in the development of automotive millimeter wave radar products and other businesses.
  • Calterah is committed to becoming the world's top provider of millimeter wave radar chips and solutions, providing global customers with millimeter wave radar technology with higher performance and lower energy consumption.
  • At present, STATS ChipPAC has cooperated with customers in the development of SOC products with high-precision automotive millimeter wave radar transceiver chips and integrated antenna (AiP) and achieved stable mass production.
  • STATS ChipPAC's packaging solutions cover a wide spectrum of semiconductor markets, including communications, computing, consumer, automotive, and industrial, certified for use in applications such as ADAS Radar, 5G mm wave communication, Fiber Optic Communication, High-Performance Computing, AI, and MEMS.

Supremex Announces Solid Q4 2022 Results and Raises Quarterly Dividend by 16.7%

Retrieved on: 
Thursday, February 23, 2023
EBITDA, CERS, Remuneration, Conference call, Corporation, Packaging and labeling, Public expenditure, Town, Envelope, Eastern Time Zone, Absorption, Acquisition, Legislation, Conference, Leyland Royal Tiger PSU, Wind, Income Tax Act, Sale, Prevention of the Avoidance of Income Tax Act, Social Democrats (Slovenia), CEWS, Adjustment, Cryptocurrency, Video game, Retail, Webcast

Packaging & specialty products represented 22.9% of the Company’s revenue in the quarter, compared to 29.5% during the equivalent period of last year.

Key Points: 
  • Packaging & specialty products represented 22.9% of the Company’s revenue in the quarter, compared to 29.5% during the equivalent period of last year.
  • This dividend is designated as an “eligible” dividend for the purpose of the Income Tax Act (Canada) and any similar provincial legislation.
  • Driven by solid demand for its products and a robust backlog, Supremex is operating at high-capacity levels given its current labour force.
  • In terms of capital deployment for 2023, the Company expects to invest in capital expenditures and continue paying quarterly dividends.