According to the Report of the Chinese FMCG Internet B2B Market in 2016 released by Kantar China, the overall transaction volume of the Chinese FMCG B2B industry in 2018 is estimated to reach RMB 20 trillion. This translates to numerous business opportunities for manufacturers of packaging materials and products in the FMCG packaging market. With the increased consumption of China’s middle class, higher packaging requirements are being placed on FMCGs. In the “Made in China 2025” plan, new materials are included as one of the ten major development fields.
Tesco, Hilton Food Group and LINPAC Team Up To Maximise Recyclability Potential of Fresh Food Packaging
Tesco Plc has partnered with key supplier, Hilton Food Group, and fresh food packaging manufacturer, LINPAC, to maximise the recyclability potential of its plastic fresh food packaging in support of the recycling industry.
The three companies have worked together to bring the lightweight LINPAC Rfresh® Elite plastic pack for meat and poultry to Tesco shelves. The unique pack is manufactured from in excess of 95 per cent food-safe recycled content, which is typically recovered from plastic (PET) water bottles from household waste.
Corbion will execute a share buyback program of € 25 million in 2017. The share buyback program will be executed as from today, 18 April 2017, and will run to 31 December 2017 at the latest. The share buyback will not exceed 10% of the currently outstanding share capital, up to a maximum of € 25 million.
The maximum number of shares to be repurchased on any given day will not exceed 25% of the average daily trading volume on the regulated market on which purchases are made, calculated over the last 20 trading days before the date of repurchase.
Paul Ingall has joined automatic weighing machine manufacturer Yamato Scale Dataweigh as business development manager. Paul’s chief responsibility will be to work with the operations manager to improve Yamato’s spare parts and actuator repair offerings.
“I will be working with the operations team to highlight Yamato’s high quality genuine spare parts and the excellent after sales service that Yamato provides,” said Paul.
Concrete Benefits for Industrial Value Chains
The digital transformation towards networked production environments in terms of Industry 4.0 (I4.0) and/or the Internet of Things (IoT) is gaining momentum. Numerous applications from the areas of product and process monitoring, labelling technology, packaging, logistics as well as maintenance and repair show already today the optimisation potential that this transformation to the Internet of Things holds.
Cattle Council Australia is pleased to announce that Australia’s largest 100% family owned meat processing company Thomas Foods International has joined the Pasturefed Cattle Assurance System (PCAS).
Cattle Council of Australia president Howard Smith said “The signing of the Thomas Foods International to PCAS is a great step forward for the program”.
Katherine Fleet, Sustainability Manager at the RPC Group, has won the inaugural Rising Star Award at the Food Service Packaging Association (FPA) Awards 2017. The award, which recognises a star of the future within the packaging industry, was presented to Katherine by celebrity guest Jo Caulfield at a ceremony at The Grand Hotel in Brighton.
The judging panel – made up of four members of the FPA board and Phil Chadwick, Editor of Packaging News – selected Katherine from an extensive list of nominees that included professionals in the first five years of their career from every link in the foodservice packaging supply chain.