Ball Corporation agreed to sell its metal beverage can and end plants in Beijing, Foshan, Hubei and Qingdao, China, to ORG Technology for approximately $225 million, plus potential additional consideration. Ball will license its technology to ORG and reinvest about $50 million in ORG's shares.
China Post's Shanxi branch published the shortlist for a supply contract for new packaging boxes, with Guangdong Tianyuan Industrial Group as first candidate at about CNY 229,265. The announcement was made on 13 May 2020 in Taiyuan.
Chinese easy-open-end maker Guangdong Enpack Packaging plans to raise RMB 500 million (US$70.4 million) through a private share placement to fund facility upgrades and ten new production lines in Shantou.
Hua Xi Holdings disclosed that its subsidiary Shantou Xinda Color Printing Packaging Materials was named a preferred supplier to cigarette makers in Guangdong and Shanghai. The supply terms run through 2022 and 2021 respectively.
Dongguan Hsinpu Paper Co installed a 2.8m Fosber Asia Pro/Line corrugator at its Dongguan plant, replacing two older 1.8m machines; the machine was commissioned on 30 June 2019.
Chongqing Brewery's wholly owned subsidiary Chongqing Brewery Yibin plans to build a beer can filling line with up to 150,000 kiloliters annual capacity, with investment of up to RMB 264 million. Construction is expected to start July 2020 and trial production May 2021.
Packaging company Albéa is to open a new plant in Huai'an, China, which will manufacture metal tubes.
Two Rivers Packaging won a contract to supply printing and packaging materials to ZF's Qingdao factory, packaging ZF brake pads for worldwide delivery.
Gerresheimer officially opened a new plant in Changzhou, China, producing plastic primary packaging for pharmaceuticals. The facility operates in clean rooms of class 9 and 7 and has FDA registration for US-type containers.
HCP Group held an official opening ceremony on October 29, 2019, for a newly completed 37,000 m2 factory at its Huai'an location in Jiangsu province. The facility adds injection molding and decoration capacity for cosmetics packaging.
Hongta Liaoning Tobacco Co awarded a carton procurement project to two winning bidders, with a winning value of about 75.99 million yuan. The tender notice was published on 8 October 2019. Winning bidder names are masked in the source.
HCT announced it has acquired 100% control of HCT Kent Packaging Ltd., a Chinese plant co-founded in 2006 with Taiwanese businessman Kent Lee. The 47,000 square metre facility makes plastic injection-moulded, extrusion-blow and injection-blow moulded packaging for beauty brands.
Premier Tech and Switzerland's Bühler formed a strategic co-operation for industrial flexible packaging solutions and plan to build a design and manufacturing centre in China by 2020.
Shenzhen Chenguang Dairy published three shortlisted bidders for a tender to supply about 217.9 million standard roof-type beverage filling cartons. The shortlisted firms are Jinan Quanhua, Weilü Packaging Shanghai and Gulin Paper Converting Shanghai.
Wenzhou Xifa Industrial is building a new factory in Wenzhou, Zhejiang, with a construction area of about 40,000 square meters and new high-speed weaving, printing and packaging machines. Completion of the building phase is expected in early November 2019.
Weihai Longgang Paper invested 210 million yuan in 2019 in a new high-strength corrugated base paper production line with pulping and a wastewater treatment plant. Trial production started in August 2019.
SIG announced a second production plant in Suzhou, China, with a total investment of EUR 180 million and a 120,000 square meter site at Suzhou Industrial Park. It is expected to be operational in early 2021.
Nine Dragons Paper announced it will acquire equity in nine Hong Kong and mainland China packaging companies from their owners for about RMB 628 million, plus a 40% stake in a corrugated packaging joint venture. The deal is aimed at integrating upstream and downstream packaging operations.
COFCO Packaging's subsidiary agreed to buy a 23% stake in Wuxi Huapeng Bottle Cap from Crown Asia Pacific for RMB 53.3987 million, raising its holding to about 84.48%.
Gerresheimer will manufacture its Duma and Triveni plastic pharmaceutical containers at a new plant in Changzhou, China, with production starting in the second half of 2019.
SIG has opened a new Tech Centre close to its packaging plant in Suzhou, China, to help customers develop new product concepts and packaging solutions. The report is dated 7 February 2019.
China Resources Wufeng (China) Investment published a shortlist for its 2019 Shenzhen carton procurement tender, ranking Shenzhen Houdewei Packaging Products first and Shenzhen Hongfenghao Paper second. The public notice ran from 2019-01-30 to 2019-02-02.
COFCO Packaging signed a packaging supply agreement with Chinese herbal tea maker Jia Duo Bao (JDB) under which COFCO will produce 70% of the metal cans JDB needs in 2019. The deal was signed in Beijing and reported on 15 January 2019.
The China buyout fund CITIC Capital Partners acquired a 33% stake in China Merchants Loscam, a pallet and returnable packaging pooling provider, from Sinotrans. Sinotrans retains a 45% stake. Financial terms were not disclosed.
Ball Corporation agreed to sell its metal beverage packaging facilities in Beijing, Foshan, Hubei and Qingdao, China, to ORG Technology for about $225 million, plus potential relocation-related consideration. The deal is expected to close in the second half of 2019.
Subsidiaries of Suzhou Hycan Holdings won five-year contracts to supply plastic lubricant bottles to ExxonMobil's lube blending plants in Taicang, Jiangsu and Tianjin, China.
Wuxi Xianyou Packaging Materials won the tender for aluminium foil boxes for Hangzhou Xiaoshan International Airport Lufthansa Catering, as announced on the airport's website on 30 November 2018.
Chinese brewer Great Leap Brewing agreed to collaborate with British PET packaging provider Petainer on producing petainerKeg kegs next year at a new blow-moulding facility in Tianjin.
Sanming Jingming Paper was the top-ranked bidder for a tender by Guangxi Yiling Tobacco Redrying for 18,000 sets of cigarette packaging cartons, at a bid value of CNY 2,253,600.
Edelmann Group acquired 100% of Elanders Beijing Printing Co., Ltd from Elanders AB, adding a folding carton and rigid box site in Beijing that expands its network to 21 sites.
New Island Printing (Liaoning) agreed to acquire Yi Hua Green Packaging Printing from Huajun Enterprise (Yingkou) for CNY 30 million ($4.7 million), making it an indirect subsidiary of Huajun Holdings.
Hengan subsidiary Hengan Mega Jumbo Investments plans to acquire a 100% stake in Sunway Kordis Holding from Starmix for CNY 145 million ($23.05 million).
Wenzhou Xifa Industrial won a bid to supply 40 million bags to Hubei Dayukou Chemical Company, a branch of CNOOC, and will be its only bag supplier for the next three years. No monetary value was given.
Eurocrane received Stora Enso's 2016-2017 Excellent Supplier Award for supplying lifting cranes for Stora Enso's EUR 800 million Beihai, China plant, which started polyethylene coated paper production on December 19, 2017.
Pact Group has bought two Reynolds companies in Asia, according to Plastics News. The article gives no further details on location, price or date beyond December 5, 2017.
Blackstone Group has reportedly agreed to acquire ShyaHsin Packaging (China) for about $800 million to $900 million, according to sources cited by Reuters, and is arranging about $600 million of loan financing. The report was dated November 10, 2017.
Toly Group announced a new expansion project in China, south of Shanghai, with no cost stated.
Detmold Group agreed to buy Heshan Innopak Co. Ltd. from Novolex, a packaging manufacturer in Heshan, Guangdong, China. The transaction is expected to be completed by the end of August 2017.
China Haoran agreed to supply about 32,000 tonnes of food packaging paper products to Ningbo Chengyi Paper, worth about 38 billion won, through June 2018, with output ultimately going to McDonald's. The deal was disclosed on June 22, 2017.
Sealed Air opened a production line for Korrvu retention packaging at its Qingpu facility in Shanghai, with an investment of more than US$1 million, bringing the site to nine lines.
Valmet will supply two containerboard production lines and automation systems for Nine Dragons Industries at Quanzhou and Chongqing, producing testliner and fluting from recycled fiber, with start-ups scheduled for 2018.
Amcor agreed to acquire Hebei Qite Packing, a Chinese flexible packaging company, for RMB 185 million (about USD 28 million). The deal is expected to expand Amcor's flexible packaging business in Asia.