Akzo Nobel has provided a short update on its recent business performance.
Ball Corporation has completed the acquisition of Tubex Industria E Comercio de Embalagens Ltda.
The various steps AkzoNobel has taken to continue serving customers and rapidly reduce costs are reportedly proving successful, while at the same time keeping the organisation intact and able to respond quickly to changes in end market demand.
The report, developed in partnership with Boston Consulting Group, surveyed participants for their preferences related to sustainable packaging, along with their willingness to pay more for products with environmentally friendly packaging.
The company’s comparable net earnings were $167 million compared to $180 million in 2018, reportedly due to higher US scrap costs and higher plant start-up costs.
Ardagh’s beverage can end and tab plant in Valparaíso, Chile, will be increasing production to keep up with demand for innovative, eye-catching beverage can packaging.
INX International Ink Co. has opened a new plant in Itatiba, Brazil to produce 2-piece metal decorating inks.
Ball Corporation has announced that it will cease production at its beverage packaging plant in Cuiabá, Brazil.