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west bengal jute mills in distress again

01 Jan 2015
admin

with the punjab government refraining from purchase of jute bags used for foodgrain packing, the jute sector in west bengal is faced with crisis. in addition, orders from the sugar sector have dried up. punjab is the largest buyer of jute bags for mills in west bengal. uttar pradesh, thirdlargest consumer of jute bags after punjab, has so far not procured. mills are sitting on huge stocks, even after operating as only a third of capacity.the stock of jute goods in mills in west bengal at the end of november was 113,000 tonnes, against 85,000 tonnes in november 2013.

easypak obtains approval for packaging facility expansion in massachusetts pkbr staff writer

01 Jan 2015
admin

the massachusetts economic assistance coordinating council eacc has approved the expansion plans of easypak in leominster, us.the eacc approved the easypak&39s expansion along with 18 other projects under the economic development incentive program edip.the edip helps in creating job opportunities and private investment in the state.established in 2004 at leominster, easypak specializes in manufacturing thermoformed plastic packaging products.

saudi takween to buy savola packaging unit for 910 mln riyals

01 Jan 2015
admin

dubai, dec 31 reuters saudi arabia&39s takween advanced industries said on wednesday it had agreed to buy a packaging unit of the region&39s largest food firm savola group for 910 million riyals 242.5 million.the firms reached agreement the price for savola packaging co target after due diligence but the purchase remains conditional on regulatory approval, takween said in a bourse statement.the purchase will be financed through a syndicate of saudi banks, to be announced later and conditional on takween shareholders&39 approval, the statement said.savola said in july it had ente

saudi accounts for 70pc of total gcc packaging market

01 Jan 2015
admin

saudi arabia maintains 70 per cent share of the gcc&rsquos total packaging industry as per recent industry studies, with local business posting a 15 per cent annual growth.due to a widespread use of plastic as a raw packaging material over glass and metal, packaging has emerged as one of the most active industries of the country, with demand continuing to rise for both flexible and solid packaging.the current surge in demand for safe and sustainable packaging solutions alongside food packaging requirements comes at a time when food consumption is expected to grow at an annual rate of 4.

mobile couple faces a total of 38 fraud charges, man accused of packaging melted wax as iphone

01 Jan 2015
admin

mobile, alabama police jailed a man and a woman tuesday afternoon after investigators said a credit card was stolen and used 21 different times.at the time of his arrest james michael newburn, 34, was out on bail on one count of thirddegree theft by deception. newburn was arrested by mobile county deputies on dec. 9, mobile county metro jail records show.according to a deposition filed in court by the alleged victim, a man met newburn on nov. 30 after responding to a craigslist ad for an ipad mini.