Silgan expects 'significant improvements' in 201

Silgan Holdings Inc. expects to see what one company official calls significant financial improvement this year after two years of restructuring the business.

 

Those changes have included include the opening of two new plastics container facilities for the Stamford, Conn.-based company.

 

“Our plastic container business continues to improve. In 2016, we commercialized two new facilities to better serve customers. And over the entire project, we added or relocated more than 100 manufacturing lines to further optimize our footprint and be more cost competitive,” CEO...

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PET bottle resin prices continue to rise
Date: 25-March-2017
Country:

North American PET bottle resin prices surged an average of 3 cents per pound in January, marking the fifth consecutive monthly price increase for that material.

 

Higher feedstock prices were cited as reasons for the increase by market watchers contacted ...

 

Private equity firm buys Dominion Colour
Date: 19-October-2016
Country:

Private equity firm HIG Capital of Miami has made another plastics-related materials deal, this time buying a majority share of Canadian pigments supplier Dominion Colour Corp.

 

No purchase price was disclosed in the deal. DCC is based in Toro...

 

Indians spent more time on Apps
Date: 07-July-2016
Country:

After China, US & Brazil, India is worlds 4 th largest app economy. The amount of time Indians spend on apps is increasing day by day.

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Mann + Hummel sees profits fall and cuts jobs in Germany
Date: 12-July-2016
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Automotive supplier Mann + Hummel is cutting jobs as part of a restructuring program to improve its competitiveness.

 

The German group, which makes filtration systems and other under-the-hood auto parts, ...

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