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, 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, 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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