Tata Consumer Products to merge wholly-owned subsidiaries
Tata Consumer Products Limited (TCPL) has decided to merge its wholly-owned subsidiaries NourishCo Beverages, Tata Smartfoodz and Tata Consumer Soulfull, TCPL said in a regulatory filing.
"The scheme is proposed to the advantage of the...
TNA’s second confectionery manufacturing facility in Sydney
TNA Solutions, a market leader in integrated confectionery processing and packaging solutions, announces the addition of a third manufacturing site in Australia, at Wetherill Park, Sydney. This expansion aims to meet the burgeoning demands...
UFlex shows aseptic liquid packaging cartons recycling
The UFlex plant in Gwalior, Madhya Pradesh, focuses on the recycling of multi-layered aseptic cartons widely used for convenient and functional drinks, nutraceutical beverages, and non-alcoholic and milk-based drinks to extend the shelf life...
ALPLA becomes majority owner of Paboco
The internationally active packaging specialist ALPLA has become a majority owner of Danish company Paboco (The Paper Bottle Company), develops and produces fibre-based packaging solutions using innovative pulp-forming technology. The Danish joint venture was...
ADIA to invest Rs 4,966.8 crore in Reliance Retail
In a major investment, a wholly-owned subsidiary of the Abu Dhabi Investment Authority will invest Rs 4,966.80 crore in Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries.
This investment values RRVL at a...
Agritech Leads Connect raises INR 500 Crores from BL Agro
Agritech firm Leads Connect recently announced that it has raised INR 500 crores (US$ 62.5 million) from BL Agro Industries, a leading FMCG company, with an aim to enhance its agro-tech stack that would...
SIG expands technology center in Suzhou, China
SIG, a packaging solutions provider, has unveiling its expanded SIG Technology Center Asia Pacific (TCAP) in Suzhou, China. The expansion, SIG says, reinforces its commitment to provide an industry-leading innovation base for the entire...
ITC invests in two manufacturing facilities in Madhya Pradesh
Indian conglomerate (ITC) recently announced an investment of Rs 1,500 crore in Madhya Pradesh to set up an integrated food manufacturing and logistics facility and a sustainable packaging products manufacturing facility at Sehore. The...
Recapping SIG’s recent acquisitions and significant Indian expansion
On 5 January 2022, SIG agreed to acquire Pactiv Evergreen’s carton packaging and filling machinery businesses known as Evergreen Asia. The Lake Forest Illinois headquartered, company divested its carton packaging and filling machinery businesses...
Mondi invests in recyclable ultra-high barrier paper for food
Mondi, a global provider in packaging and paper, is investing 16 million Euros in new technology to produce a new packaging range called FunctionalBarrier Paper Ultimate. This ultra-high barrier paper-based solution for food meets...