Riyadh based Marina Inc. Printers, a prominent packaging and commercial print house with 25-year history of success, announces a significant enhancement to its capabilities through the acquisition of the state-of-the-art Heidelberg Speedmaster Five-Color Offset Press with Coating System-Model CX 104-5+L. Mr Hadi Bassil, Managing Director of Marina Inc. Printers, reflects on the company’s …
Koenig & Bauer meets 2023 forecast, anticipates stable business in 2024
Koenig & Bauer AG, a prominent global technology provider for special printing applications with a focus on the packaging sector, has announced that it met its own forecast for 2023, according to preliminary unaudited figures. Group earnings before interest and taxes (EBIT) reached €29.9m, falling within the forecast range of €25m to €35m. …
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Huhtamaki to consolidate production in China, closing two sites
Huhtamaki, a global packaging company, has announced plans to consolidate its production footprint in China within the Fiber Foodservice Europe-Asia-Oceania segment. This decision entails the closure of its production sites in Tianjin and Shanghai by the end of Q2 2024, with production being transferred to the Guangzhou manufacturing site. The company will, however, continue …
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Milliken & Company earns place on 2024 World’s Most Ethical Companies List
Milliken & Company, a diversified global manufacturer, has earned a place on the 2024 World’s Most Ethical Companies list by Ethisphere, renowned for defining ethical business practices. This annual recognition celebrates organizations demonstrating a robust commitment to business integrity through comprehensive ethics, compliance, and governance programs. Notably, Milliken is among only six honorees to …
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