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The largest operating unit of the company, the Grace Specialty Chemicals Company, posted a 10percentt after-tax gain in operating income, helped by advances in its packaging operations business and higher sales of high-speed drying equipment used by the printing industry.
It has already demerged its Mondi paper and packaging operations.
BTR's packaging operations had sales of $1.5 billion in 1997.
But it said that global headquarters for its packaging operations would be in France.
The implications of the results for the design of conveying, processing and packaging operations are discussed.
Since 1991, Owens-Illinois has acquired 10 glass container companies serving emerging markets and eight plastic packaging operations, excluding BTR.
Similar(34)
Only part of the adjacent packaging operation will continue.
The Zellerbach Group, a paper, industrial and packaging operation, includes the Zellerbach Paper Company, the Virginia Paper Company and the Southern Paper Company.
Mr. Crittenden said that volume in its securities packaging operation was down, and many analysts say it could take years to recover.
He has traded with Israel's largest fruit-and-vegetable wholesaler; the American aid agency, USAID, helped him set up the only Palestinian packaging operation that can dispatch containers of farm produce from the West Bank without Israeli security checks.
(AP) NEW JERSEY MIDDLETOWN: MARIJUANA ARRESTS -- A man and his nephew were arrested and charged with running what the police called a marijuana growing and packaging operation out of their house in Middletown.
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