Amcor Flexibles Americas (AFA), which supplies flexible packaging for bread, dairy, confectionery, snacks and coffee, has implemented a 5-10% price increase on its products.
Ireland’s Minister for Agriculture Food & Marine, Michael Creed TD, has undertaken a series of engagements as part of the first Irish Ministerial agri-food trade mission to Mexico.
Nestlé has used a $245m investment to open a new 6.5 million-square-foot factory in Jalisco, Mexico, for the production of its child nutrition products.
Italian dairy company Parmalat’s net revenue for the financial year ending December 31, 2015, rose from $6.08bn (€5.5bn) to $7.1bn (€6.4bn), however, profits fell from $228m (€205m) in 2014 to $164m (€147.6m).
Arcil has acquired Dinieper which makes form-fill-seal (FFS) machines to grow its presence in Brazil and Latin America focusing on South America’s yogurt market.
A boom in US dairy exports to Mexico still has room to grow, according to US Dairy Export Council (USDEC), with companies such as Nestlé using the central American country as a base for the wider area.
Increased sales in developing markets for its flavour division have helped flavour and fragrance giant Givaudan to sustained growth above the market average for the first nine months of 2013.
Tetra Pak has reported net sales of €11.16bn ($14.6bn) for 2012 – a 4.2% year-on-year increase – despite what the Switzerland-based firm described as a “tough year.”
