Innoconcepts signs up with US multinational
Wednesday 21 November 2007
Innoconcepts, the bourse-listed company which specialises in developing new products, said on Wednesday it is teaming up with a US multinational.
The deal, with an un-named company specialising in food packaging, will generate a substantial increase in next year's Q4 operating profit, Innoconcepts said.
In particular, Innoconcepts has high hopes for its new disposable plastic bottle and has already signed a deal with Carlsburg and US packaging developer PTI, news agency ANP reports.
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