Market

A tripartite agreement was signed recently between the governor of the Samarkand region, the US company GMFR Global Group and the Chinese holding company Beijing Huiyuan for the development of industrial projects in Uzbekistan.

 

The VéGé Group, one of the largest Italian players in the modern distribution sector, is promoting an interesting initiative to fight food waste through a partnership with Last Minute Sotto Casa (Lmsc). 

Following the acquisition by CVC Capital Partners, announced in July 2019 and completed on 2 January this year, Bosch Packaging Technology has changed its name to Syntegon while maintaining its headquarters at Waiblingen, Germany and its status as an independent company.

Danish Brewing Company East Africa, a subsidiary of US firm Bounty Global Management Company founded in 2015, will begin production of Carlsberg, Tuborg, Holsten and Kronenbourg beers in Kenya.

Despite the uncertain economic climate in Italy, the retail sector will close 2019 with positive growth.

On 26 November, Finnish-Swedish company Stora Enso specialising in packaging solutions and innovative and sustainable cellulose-based biomaterials signed a strategic collaboration with HS Manufacturing Group (HSMG), a producer of plant-based barrier coatings.

A study conducted by International Wine & Spirits Research (ISWR) has revealed strong global growth in organic wine consumption, in marked contrast to the wine industry’s overall downward trend.

Under the terms of the agreement, Bouvard has acquired a stake in Lago Group owned by the Lago family, which will retain management positions alongside the new CEO Pierre Josselin.

Nestlé believes Indonesia has the potential to become one of the top three Asian markets, said Nestlé Indonesia president director Dharnesh Gordhon. To achieve this goal, the company will continue to invest in both manufacturing and human resource development.

Fabbri Group, a historic Modena-based company and market leader in the field of food packaging machinery and films, is expanding its range of action with the acquisition of Caveco, a company based in Palazzolo sull’Oglio, province of Brescia.

In February, the Ferrero facility in Balvano (Potenza) used for the production of the hugely popular Nutella Biscuits will switch from three daily shifts from Monday to Friday to a 7-day-a-week continuous cycle, allowing for an approximately 40% increase in production.

Tyson Fresh Meats has signed an agreement with the Republic of Kazakhstan and the private holding company Kusto Group to collaborate on a project that could initially lead to the construction of a modern beef processing plant in Kazakhstan.

Huhtamaki, one of Europe’s leading suppliers of packaging for food and drinks, has opened a new packaging line in Ivanteevka, Russia as part of a €7 million investment announced in November 2018.

“Hive” is the name of Unilever’s new Foods Innovation Centre, an €85 million hub that will lead the Dutch giant’s global food innovation programmes for brands like Knorr, Hellmann’s, The Vegetarian Butcher and Calvé.
Areas of research will include plant-based ingredients and meat alternatives, efficient crops, sustainable food packaging and nutritious foods.

Two dates and two clear goals: packaging with zero waste by 2025 and zero impact by 2035.

Ceflex (Circular Economy for Flexible Packaging), a European consortium of companies representing the entire value chain of flexible packaging with more than 140 stakeholders including raw materials producers, converters, retailers and packaging users, has launched an open consultation for the wider flexible packaging industry to enhance and refine phase one of the Designing for a Circular…

Building on its 80 years of experience in the poultry sector, including 20 in the organic segment, Fileni is now taking on a fresh challenge with the launch of a new organic red meat line.

To meet the growing demand for Pringles across Europe, Kellogg Company is investing €110 million in a new manufacturing line to be installed in a 21,000 square metre building at its factory in Kutno, Poland.

Constantia Flexible, the world’s third largest producer of flexible packaging with headquarters in Vienna, Austria, recently opened a new factory in Gujarat, India.

Guala Closures East Africa (GCEA), a subsidiary of the Piedmont-based Guala Closures Group, has announced its expansion into the Kenyan market with the inauguration of its new East Africa site in Nairobi.