The US Department of Justice (DOJ) has given partial approval for Amcor’s takeover of Alcan after announcing it would now limit its review to Alcan’s Medical Flexible operations.
Alcan Packaging’s decision to close its packaging production facility in Nebraska, US, at a cost of 71 jobs, follows just weeks after parent company, Australian mining giant Rio Tinto, announced some 14,000 lay offs.
Packaging maker Alcan has announced it will invest $27.5m (€20.7m)
for an expansion project in its US pharma centre to meet the
growing demand for pharmaceutical flexible packaging materials.
Alcan has acquired the outstanding minority share of Propack in a
deal that further cements the company's standing in the Chinese
market. The acquisition forms part of a major restructuring
exercise, in which the closure and...
Packaging company Alcan has said it plans to close its Cayey
pharmaceutical glass vial operation, based in Puerto Rico, in order
to streamline its North American vial manufacturing network.
