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Paper Products quarterly net doubles29-OCT-09
The Paper Products (PPL), India’s leading flexible packaging company, posted a 102 per cent rise in net profit at Rs 8.25 crore for the quarter ending September 30, 2009 as compared to Rs 4.07 crore in the corresponding period last year.
Ess Dee Aluminium to raise Rs 500 cr through securities20-OCT-09
Packaging solutions provider Ess Dee Aluminium today said its board has approved raising up to Rs 500 crore through issue of securities.
Right packaging key to boosting coffee exports10-OCT-09
Getting the right packaging material at an affordable price is a major challenge facing coffee exporters in India today. India, like other coffee exporting countries, uses the conventional jute bags for exporting green coffee. However, when it comes to exporting roast and ground coffee, the material used for packaging plays a major role. As of now, India’s roast and ground coffee exports in the retail form are very small in volume at 200 tonnes, whereas the country’s total green coffee exports are about 180,000 tonnes.
Can-Pack to invest Rs 600 cr over 4yrs in India08-OCT-09
Poland-based packaging major, Can-Pack, will pump in Rs 500-600 crore to ramp up its production capacity from 750-million cans to 2-billion cans annually over the next four years in India.
Mamata opposes dilution in jute packaging25-AUG-09
Railways Minister and Trinamool Congress supremo Mamata Banerjee has voiced her opposition to the proposed 25 per cent dilution in the use of jute bags for packaging of food grains and sugar by the government procuring agencies.
Raw jute prices fall 40% on fear of change in packaging order18-AUG-09
Raw jute prices in the domestic market, which touched an all-time high of Rs 30,200 a tonne in July this year, have crashed 40 per cent to reach around Rs 18,000 a tonne this month.
Jute packaging law change would affect 40 lakh farmers: Modi17-AUG-09
Bihar Deputy Chief Minister Sushil Kumar Modi today claimed that the Centre's move to amend the jute packaging law would have an adverse impact on 40 lakh farmers of eastern states, including Bihar.
Blackstone Group Company, Graham Packaging acquires 22% stake in PPI Blowpack13-AUG-09
Graham Packaging, a Blackstone Group Company and a world leader in packaging, has acquired 22% stake for an undisclosed amount in PPI Blowpack, a leading Indian manufacturer of plastic containers.
Blackstone Group Firm Graham Packaging acquires 22% stake in PPI Blowpack13-AUG-09
Graham Packaging, a Blackstone Group Company and a world leader in packaging, has acquired 22% stake for an undisclosed amount in PPI Blowpack, a leading Indian manufacturer of plastic containers.
IJMA seeks PM's intervention to maintain jute bag quota13-AUG-09
Keeping in view the interest of more than four million jute cultivators and 2.5 million jute workers across the country, the Indian Jute Mills Association (IJMA) has sought the intervention of Prime Minister Manmohan Singh to continue 100 per cent reservation for jute bags in 2009-10. In a last ditch effort to reverse the proposed 25 per cent dilution of the Jute Packaging Materials Act (JPMA) of 1987, IJMA has written to the Prime Minister on Monday, requesting him to turn down the dilution
Paper Products quarterly profit rises 172%30-JUL-09
The Paper Products (PPL), the country’s leading flexible packaging material manufacturer, 172 per cent rise in net profit at Rs 10.84 crore in the quarter ending June 30, 2009 as compared to Rs 3.99 crore in the corresponding quarter last year.
EQUAL launches world's first 'Elaichi Flavoured Sweetener' in new global packaging27-JUL-09
EQUAL, the worlds leading low-calorie sweetener sold across 88 countries, has introduced an Elaichi flavoured sweetener developed by and for the Indian consumers. This is a unique first in the world of sweeteners.
ITC Q1 net up 17.36% at Rs 879 cr23-JUL-09
ITC, a multi-business conglomerate having presence in cigarettes, hotels, speciality papers and packaging, has posted a rise of 17.36 per cent in its profit after tax for the quarter ended June 30, 2009 at Rs 878.70 crore as compared to Rs 748.67 crore in the corresponding quarter a year ago. The company's total income during the period stood at Rs 4,220.49 crore as against Rs 4,014, up 5.14 per cent.
Glass manufacturers unhappy with the budget08-JUL-09
A top body of glass manufacturers has expressed disappointment over the Budget 2009-10, saying it did not have any direct benefit for the packaging industry in general and the container glass industry in particular.
Govt plans to use hessian bags for packaging01-JUL-09
Faced with a shortfall of 7.6 lakh bales of gunny bags for procurement of food grains by the government procuring agencies in 2009-10, the Centre is exploring the possibility of using high-density polyethylene bags, polypropylene bags and old gunny bags for paddy packaging.
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