Sweden’s Tetra Pak Faces Tough Competition in China

Competition in China’s bacteria-free paper-packing market has become more intense, with the consumption upgrade driving a rapid change in the market and the rise of domestic players. Sweden-based paper packing giant TetraPak used to hold about 90 percent of the bacteria-free paper packing market in China, and now its market share is decreasing to about

The EU Ends Anti-Dumping Duty on Polyethylene Terephthalate (PET) from China

The European Union (EU) brought an end to 13-year-long trade remedy measures on polyethylene terephthalate (PET) originating in China after terminating an expiry review on Tuesday [7 February 2017]. “The European Commission concludes that the expiry review of the anti-dumping measures applicable to imports of PET originating in China should be terminated,” said a statement

China’s SAIC Fines Food Packaging Company, Tetra Pak, for Violating Anti-Monopoly Laws

The State Administration for Industry and Commerce has fined packaging giant Tetra Pak 668 million yuan ($97 million) for breaking anti-monopoly laws and abusing its monopolistic market position. Tetra Pak was found to have broken anti-monopoly regulations such as abusing its monopolistic status to force customers to purchase packaging materials and sterile packaging equipment and

New Jersey Based Company Hopes to Make China’s Pork Supply Chain More Efficient

Packaging expert Sealed Air Corporation enjoyed exponential growth in China in line with the country’s burgeoning economy when it first entered the market in the 1980s. The New Jersey-headquartered company had first started out helping US beef manufacturers and exporters extend the shelf life of their products with innovative packaging, and later diversified with the

Australian Vegetable Growers Ask for Stronger Labeling Laws after Glass is Discovered in Frozen Broccoli from China

Australian vegetable growers say the discovery of glass in a frozen product imported from China underlines the need for better country of origin labeling…Full-text article: Australian Broadcasting Corporation Aug 2013 Key point A voluntary recall was issued in eastern Australia for Black and Gold brand bags of frozen broccoli

Australian Multinational Acquires Two Jiangsu Packaging Plants that Supply Snack and Culinary Businesses

Amcor [Australian multinational] announces today an agreement to acquire the flexible packaging operations of Jiangsu Shenda Group for RMB350 million. The purchase price represents 8.0 times CY2012 EBITDA. Returns, measured as EBIT to funds employed, are expected to be over 20% by CY2016 underpinned by cost synergies and continued strong organic growth in the Chinese