Video News Bulletin: 14 November

In the news this week: Vittoria, Moccona, SPC Global, Government of Italy, the EU, PepsiCo, the ATO, Fonterra, Nourish Ingredients and Cabio Biotech. 

 

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Packaging News

Pact Group said it is facing softening demand in the 4th quarter, citing Donald Trump’s tariffs, the ongoing domestic cost of living pressures, and supply chain disruption with shipping container supply tightening.

Raphael Geminder is following through on his stated intention to delist Pact Group in light of his failed takeover of the company, and has set 16 July as the date he wants it off the ASX.

Plasdene Glass-Pak in New Zealand has acquired the Auckland-based Glass Packaging Division of Wainhouse Distribution.