DS Smith to divest plastics division

MOSCOW (MRC) -- London-based packaging firm DS Smith plc has announced plans to sell its plastics division and is now "exploring opportunities.", as per Plasticsnews. In its half-year financial statement Dec. 6, the company said following an initial review it had concluded that the business was "an attractive asset with good growth prospect." With ?327 million ($416.6 million) in sales in

Full article at mrcplast.com