Industry News, Printers News

Huhtamaki to Improve Competitiveness in Asia-Oceania

Foodservice packaging manufacturing in South China will be consolidated into one modernized unit.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Huhtamaki is taking actions to improve the competitiveness of its Foodservice business in Asia and Oceania. The actions concern the Foodservice Europe-Asia-Oceania segment’s operations in China and New Zealand, which have had an adverse effect on the segment’s earnings in 2015 and in the first quarter of 2016.   To improve competitiveness and to better equip the operations for capturing future growth opportunities in the Chinese market, the foodservice packaging manufacturing operations in Sou...

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