March 16, 2013 12:55 AM
CHINA Flexible Packaging Holdings slumped to a loss of 45.3 million yuan (S$9.1 million) in the first quarter, reversing a 534,000 yuan profit in the same period a year earlier.
RHB Research downgraded Daibochi Plastic and Packaging Industry Bhd to "underperform" from "market perform", citing cautious industry outlook for the flexible packaging firm going forward.
"We remain conservative on the outlook for the...
H.B. Fuller Company (NYSE: FUL) announced today that it has signed a memorandum of understanding to enter into cross distribution agreements for flexible packaging products in several countries with Plexbond Quimica S/A in Brazil.
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