0:41 min
Regions
The Pepsi Bottling Group acknowledges receipt of unsolicited proposal from Pepsico
The Pepsi Bottling Group, Inc. (NYSE: PBG) confirmed that it received an unsolicited, non-binding proposal from PepsiCo, Inc. to acquire all the outstanding shares of the Company’s common stock not owned by PepsiCo for $29.50 per share. PBG said that its Board of Directors will ...
5:51 min
Regions
PepsiCo proposes to acquire Pepsi Bottling Group and PepsiAmericas
Combination would create a fully-integrated supply chain and go-to-market business model positioned to accelerate revenue growth Synergies are estimated to be more than $200 million per year before taxes Transaction is expected to be accretive to PepsiCo ...
1:37 min
Regions
NatureWorks LLC expands resin distribution with Ashland in North America
NatureWorks LLC is pleased to announce a new strategic partnership with Ashland Distribution to distribute NatureWorks’ products in North America. This agreement signals NatureWorks’ long-term commitment to broadening the supply of Ingeo™ biopolymer to North American plastics ...
3:20 min
Regions
120,000-square-foot innovation campus is Sara Lee North America's new research and development center of excellence
Sara Lee Corp. (NYSE: SLE) today announced the opening of its new North American innovation campus, The Kitchens of Sara Lee. The 120,000- square-foot research and development center of excellence is located at the company’s headquarters in Downers Grove, Ill.The Kitchens of Sara ...
2:47 min
Regions
World cap & closure demand to reach $36.5 billion in 2013
World Caps & Closures (published 03/2009, 350 pages) is available for $5,800 from The Freedonia Group, Inc., 767 Beta Drive, Cleveland, OH 44143-2326. For further details, please contact Corinne Gangloff by phone 440.684.9600, fax 440.646.0484 or e-mail pr@freedoniagroup.com. ...
2:19 min
Regions
Ball to cease manufacturing operations at two PET bottle packaging plants
Ball Corporation (NYSE: BLL) today announced that it will permanently cease manufacturing operations at polyethylene terephthalate (PET) plastic packaging plants in Baldwinsville, N.Y., and Watertown, Wis., and supply customers of those plants from larger Ball facilities.As a result, ...
3:53 min
Regions
Dow challenges packaging industry to work together toward 100% recyclability
Plastic packaging is an important part of the solution in the big picture of sustainability, waste and the environment, according to The Dow Chemical Company. In a strong message first delivered to a recent gathering of packaging industry leaders, Dow is challenging packaging value ...
1:49 min
Regions
Nestlé launches state-of-the-art factory and beverage distribution centre in USA
Nestlé has launched its largest ready-to-drink aseptic products factory in Anderson, Indiana. The state-of-the-art factory and distribution centre gives Nestlé a unique platform to leverage its nutrition, health and wellness strategy and sets the standard for future Nestlé ...