Packaging solutions company Amcor has purchased a “world-class” flexible packaging plant in the Czech Republic.
Amcor says the location of the facility increases its ability to meet strong demand for its flexible packaging and enables further customer growth in Central Europe.
Michael Zacka, president of Amcor Flexibles EMEA, said: “With this acquisition, we are investing to accelerate the organic growth momentum of our flexibles business in Europe in attractive segments. The scalable nature of the acquired site and its attractive location further bolsters our ability to service strong customer demand and generate strong returns for Amcor shareholders.”
The site is a greenfield development, commissioned by DG Pack in 2019. It features specialised equipment for applications such as coffee and pet food.
By Sian Yates
Source: foodbev.com
Neste Corporation’s Board of Directors has appointed Heikki Malinen, M.Sc. (Econ.), MBA (Harvard) as the President and CEO of Neste as of 2 November 2024, at the latest. Malinen joins Neste from Outokumpu Corporation where he has held the position of President and CEO since 2020.
Petrochemicals company Sasol has announced that CFO and executive director Hanré Rossouw will step down from his position, effective October 31. Sasol has started the process to appoint a successor. Rossouw will still oversee the publication of Sasol’s reports for the financial year ending June 30, to allow for a structured handover period.
Chemours announced its CFO Jonathan Lock has resigned from all positions within the company, according to an SEC 8-K filing on April 23. The resignation comes in the aftermath of the company announcing that Lock, former CEO Mark Newman, and principal accounting officer Camela Wisel, had been placed on administrative leave.
