Haremar is fighting to fill the talent pipeline (canadianplastics.com)

Aptar Closures, a global leader in dispensing closures and active material science solutions today announced the acquisition of majority stake in Gulf Closures, a closure manufacturer for beverage products in Bahrain. With the acquisition, Aptar Closures will leverage its global business capabilities and Gulf Closures’ manufacturing expertise, regional network, and experienced team to better serve the company’s existing customers in the Middle East while opening new market opportunities and strengthening its presence in the region. Today, Gulf Closures employs approximately 60 people at its facility in Bahrain and holds ISO and FSSC certifications. Gulf Closures is a partner to several global and other major local beverage brands in Gulf Cooperation Council (GCC) countries, Levant, and Africa.

"This is the largest investment that the MM Group has ever made in Austria", describes MM CEO MMag. Peter Oswald describes the comprehensive renovation and expansion program for the Austrian MM Karton mill in Frohnleiten in the years 2021-2022 Million euros are invested in sustainability, digitization and capacity expansion to secure the future using the latest technologies. Innovative, fully digitized processes will significantly increase the efficiency of waste paper processing and at the same time reduce the specific consumption of energy and water. The latest production technologies in cardboard manufacture increase product quality and capacities as a prerequisite for further uses of recycled cardboard, for example as a substitute for plastic. Highly automated logistics will significantly accelerate the movement of goods.

Bemis Company, Inc. reported financial results for its second quarter ended June 30, 2017. Refer to the reconciliation of Non-GAAP measures detailed in the attached schedule, including adjusted earnings per share, adjusted EBITDA, and net debt referenced in this release. “Total company profits were less than expected this quarter due to the impact of the challenging economic environment in Brazil. Sales volumes declined sharply in Brazil versus our run rates as consumers, retailers, and our customers reacted to the latest political instability. In our U.S. business, profits were in line with the expectations we shared last quarter,” said William F. Austen, Bemis Company’s President and Chief Executive Officer. “During June, we initiated a restructuring and cost savings plan to better position the Company in the current environment and for the long term. These efforts are progressing well to create a more agile, streamlined, and efficient business that continues to be successful over the long term.” Click Read More below for additional details.