SABMiller’s share of CR Snow in China to be sold

SABMiller’s share of the brewer in China behind the market-leading Snow beer brand is being sold to its owner in a multi-billion deal. The agreement is part of Anheuser-Busch InBev’s (AB Inbev) commitment to meet the regulatory requirements of its US$104 billion acquisition of SABMiller.SABMiller currently owns 49 percent of China Resources Snow Breweries, the remaining 51 percent being owned...

150th anniversary celebrations for Nestlé

Nestlé this year is celebrating its 150th anniversary with a number of events at its global headquarters in Switzerland. What grew to be one of the world’s largest food and drinks manufacturers was founded in 1866 at Vevey where Henri Nestlé invented the canned infant formula Farine Lactée.From 3 March, Swiss Post is selling throughout Switzerland a commemorative stamp that...

Top Italian tomato canners dumped exports in Australia

Australia’s canned tomato industry is celebrating after the Anti-Dumping Commission and Federal Government ruled that Italian packers La Doria and Feger were guilty of dumping product in the domestic market.Duties of 8.4 percent will be applied to Feger and 4.5 percent to La Doria tomato products.Dumping is when an exporter sells produce in Australia at margins lower than in...

Record profits for Thai canned seafood giant

Strong sales of its canned seafood products in Europe helped the world-leading packaged fish producer Thai Union Group (TU) to record sales in 2015 of THB125.2 billion (US$3.5 billion), up 3.1 percent year-on-year.TU is behind such leading brands such as John West, Petit Navire, Mareblu, Chicken of the Sea and Hyancinthe Parmentier.Acquisitions in the year also added to the...

Scientists give food a protective shell

Researchers from the National University of Singapore (NUS) have developed an environmentally-friendly food packaging material that is free from chemical additives, by fortifying natural chitosan-based composite film with grapefruit seed extract (GFSE). The NUS says that the material can slow down fungal growth, doubling the shelf-life of perishable food such as bread.Chitosan, a natural and biodegradable polymer derived from...

Colombia’s $400m brewery project

A new brewery is being built in Colombia by Chile’s leading drinks firm Compania Cervecerias Unidas (CCU), say local reports.The $400 million investment will create at least 1,000 jobs when it is completed in two years’ time. CCU says that the brewery will improve its distribution of Heineken and Coors Light beers on the Colombian market. CCU is collaborating with...

Klear Can passes food safety tests

The Klear Can has moved a step closer to full production after passing critical food safety tests, said its producer Milacron Co-injection, which hopes to give brands an alternative to metal cans by providing a shelf-life of more than two years using clear polypropylene. Revealed exclusively in Plastics in Packaging's May 2014 edition, Milacron's Klear Can uses the same filling, seaming...

OPA hits back at ‘greenwashing’ claims

The Oxobiodegradable Plastics Association (OPA) has responded to 'greenwashing' claims made by European Bioplastics earlier this week, calling the EN13432 standard irrelevant to its plastics.European Bioplastics had accused other sectors of the plastics industry of claiming compliance for their products with EN13432, but the OPA added that the standard applies to the testing of biodegradation in the special conditions...

Recycling: High stakes and cash plays

The chief executive of UK-based recycling organisation Recoup has stated that "the unnecessary annual game of plastics PRN (Packaging Recovery Notes) poker between the sellers and buyers will commence now that third quarter 2015 data has been published". Stuart Foster's comments come as the latest packaging recycling data shows that 197,249 tonnes of plastics packaging were recycled in the third...