Elopak has had a very strong start to the year, with continued strong performance in Q1 with the company further strengthening its financial position, building confidence for the full year and supporting mid-term targets. Q1 2024 highlights *   Record high quarterly revenues at EUR 291.9 million and organic revenue growth of 3.3% *   Strong Pure-Pak® carton volume growth in Europe and MENA *   Adjusted EBITDA reached EUR 46.1 million with a margin of 15.8% (14.5%) *   Continued strengthening of capital structure. Leverage ratio reduced to 1.8x * &nb ..read more

  Tetra Pak announced the expansion of its homogenizer portfolio, offering machines with Outokumpu Circle Green stainless steel, a material that boasts a carbon footprint up to 93% lower when compared to the global industry average for stainless steel. This innovative material will be available as an option for all models in Tetra Pak’s homogenizer line in Europe from June, before rolling out globally later in the year. Choosing Tetra Pak homogenizers with a Circle Green stainless steel hood offers F&B manufacturers a viable path to reducing their Scope 3 emissions, a vital yet challe ..read more

Krones Prefero brings together the line concept and the plastics cycle (Photo: Krones)     With the acquisition of Netstal Maschinen AG at the beginning of the year, Krones has been able to offer its customers a solution from the Krones Group for every single step in the plastics loop. In addition to injection molding technology, this also includes the MHT tools required for PET production and the Krones Contiform series for stretch blow molding the bottles. Added to this are competencies in preform and container design, as well as the MetaPure plastics recycling systems and the comp ..read more

  A recent Rabobank report indicates that the initial surge in dairy prices seen in late 2023 and early 2024 was largely due to a period of restocking at lower prices rather than a robust uptick in consumer demand. The report suggests that the global dairy market may experience a slower price recovery than previously anticipated, particularly as China shows a reduced need for dairy imports. Despite this, the overall market outlook remains positive. Milk prices and supply face challenges amid modest demand The recovery in global milk prices has encountered some headwinds in Q2 2024. Earlie ..read more

Following its September 2023 acquisition by Hillenbrand (NYSE: HI), Schenck Process Food and Performance Materials (FPM) is transitioning its name and brand to Coperion. The full legal change to Coperion will be completed by August 1, 2024. Coperion is an operating company of Hillenbrand with 140 years’ experience in some of the world’s most critical processing industries. Schenck Process FPM has contributed an integral part to its divisions, which support processing solutions for manufacturing in polymers/performance materials, food, health & nutrition and aftermarket sales & services ..read more

Hochland is considering ending the self-imposed investment freeze in Russia in 2022 and resuming advertising in the Russian market, according to CEO Peter Stahl. He explained the change of heart with the situation on the ground. Hochland has been in the Russian market for around 20 years and operates three cheese dairies with around 1,800 employees. Before the war in Ukraine, the company was market leader, with the Russian subsidiary accounting for almost 25% of group sales. In the meantime, market leadership has been lost to a Russian competitor, and the Russian business’s share of revenue ha ..read more

  Exclusive offer of dairy processing machines: Online auction production location Landliebe GmbH in Cologne (DE)! Over 3000 machines such as Pasteurizer, Homogenizers, Plate heat exchanger, tanks, pumps and more. View the entire offer online and place your bid before the auctions close on the 15 & 16th of May.     Photo: Industrial Auctions       The post Sponsored: Bid online on high quality dairy processing machines appeared first on IDM ..read more

A recent Rabobank report highlights the significant challenges facing dairy producers in northwestern Europe due to a structural decline in milk production. This trend is impacting operational efficiency and financial stability, leading to potential revenue losses and heightened competition for milk. Dairy cooperatives are under particular strain as they also contend with the withdrawal of capital by members. Capacity growth and current decline The EU dairy industry in northwestern Europe (Denmark, Germany, the Netherlands, and Belgium) has seen considerable growth over the past decade, driven ..read more

Müller Yogurt & Desserts has launched a new initiative for UK convenience retailers to help tap into the growing dairy drinks category. Dairy drinks currently account for £700 million in annual sales in the UK (up 11% year-on-year), with 219 million bottles sold in convenience stores each year. However, the findings show that there are significant opportunities for retailers to increase effectiveness by making some simple changes and updates to their shops. It’s all about stocking the right range. Müller, as part of its ‘Make Pots of Profit’ advice toolkit, has created new shelf guides tha ..read more

The outgoing Dutch government has drawn up five options for a sugar tax on non-alcoholic drinks. The aim is to make drinks with little or no sugar cheaper and drinks with a lot of sugar more expensive. Red Bull, for example, is to become more expensive and light soft drinks and oat drinks cheaper. The fact that manufacturers add “a drop of milk” to their juices to avoid the sugar tax could soon come to an end. “It seems logical to me to actually put a stop to this,” said Health Minister Maarten van Ooijen. “This is undesirable tax avoidance.” It also seems logical to him to impose a higher tax ..read more