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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Intertek Group Plc | LSE:ITRK | London | Ordinary Share | GB0031638363 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
38.00 | 0.77% | 4,956.00 | 4,968.00 | 4,970.00 | 5,015.00 | 4,916.00 | 4,934.00 | 251,558 | 16:35:21 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Testing Laboratories | 3.33B | 297.4M | 1.8438 | 26.96 | 8.02B |
Intertek, a Total Quality Assurance provider to industries worldwide, is introducing a packaging performance testing facility in its Grand Rapids, Michigan laboratory. The facility, which is the Company’s first packaging lab in North America to be accredited by the International Safe Transit Association (ISTA), provides end-to-end evaluation of product packages, from design to material assessment and sustainability.
With the expansion of e-commerce and globalization of supply chains, packages must be evaluated to ensure they will hold up and protect products from being damaged. It has been estimated that one out of 10 packages purchased through e-commerce arrive to the consumer damaged,1 making it critical for manufacturers and retailers to ensure the integrity of their packaging in this growing landscape. Intertek’s packaging performance services include design evaluation, sustainability services and testing to various standards including ISTA, ASTM International and customized specifications of retailers and manufacturers.
Brian Kneibel, Business Development at Intertek said: “Intertek’s focus has always been to provide services that help our customers bring quality and safety to life. We have seen the growth of e-commerce and evolution of supply chains impact our customers in multiple ways, including packaging. We’re excited to offer the industry a way to help ensure the quality and sustainability of their packages as they build their e-commerce platforms and strategies to meet consumer demand for quality products purchased online.”
Intertek is a global leader in testing and evaluating the performance of packages and packaging materials. With 15 ISTA-accredited packaging labs through our global network Intertek can support supplier networks, manufacturers, retailers, and others with packaging design, optimization, and performance to provide total quality assurance.
For more information, visit http://www.intertek.com/packaging.
Source1. https://www.packworld.com/article/trends-and-issues/distribution/e-commerce-packaging-pitfalls-opportunities
ABOUT INTERTEK
Total Quality. Assured
Intertek is a leading Total Quality Assurance provider to industries worldwide. Our network of more than 1,000 laboratories and offices and over 43,000 people in more than 100 countries, delivers innovative and bespoke Assurance, Testing, Inspection and Certification solutions for our customers’ operations and supply chains. Intertek Total Quality Assurance expertise, delivered consistently with precision, pace and passion, enabling our customers to power ahead safely.
intertek.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20180810005039/en/
FOR MEDIA INFORMATION:Please contactCheryl PrejsnarPublic Relations Manager+1 630-408-5538cheryl.prejsnar@intertek.com
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