Packaging
Tuesday 17. July 2012

Packaging Corporation of America Reports Record Second Quarter 2012 Results

Packaging Corporation of America (NYSE: PKG) today reported second quarter net income of $45 million, or $0.46 per share, which included after-tax debt refinancing charges of $2.5 million, or $0.025 per share. Excluding the refinancing charges, earnings were $48 million, or $0.49 per share, a second quarter record, compared to second quarter 2011 net income of $40 million, or $0.39 per share. Net sales were a record $712 million, up 7% compared to second quarter 2011 net sales of $665 million.

Tuesday 17. July 2012

CCL Industries Acquires Pharmaceutical Label Business in Sydney, Australia

CCL Industries Inc. (TSX:CCL.A)(TSX:CCL.B), a world leader in specialty packaging solutions for the consumer products and healthcare industries, announced today that it has acquired the assets of the Pharmaceutical Division of Graphitype Printing Services, a privately owned printing company located near Sydney, Australia, for AUD$7 million paid in cash. The acquired business produces labels and patient instructional leaflets for leading pharmaceutical customers in Australia and will complement the existing CCL Label Healthcare operation in Melbourne.

Tuesday 17. July 2012

Nuova GIDUE to Showcase New Digital Flexo 3.0 System at LabelExpo Americas

Delegates attending Labelexpo Americas 2012 can see firsthand the capabilities of Digital Flexo 3.0, the latest generation of digital flexographic technology from Nuova GIDUE S.r.l., a manufacturer of printing and converting machines for the labels and packaging industry. The new system delivers excellent production output compared with other digital printing technologies, and is ideal for print runs of all sizes.

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