Packaging and Processing Exchange online auction

DoveBid, the leading global provider of capital asset auction and valuation services, has launched an on-line auction service called the Packaging and Processing Exchange, for surplus asset sales

Tom Conwell, Vice President for the DoveBid Packaging and Processing Group, commented "The first two sales from our new Packaging and Processing Exchange have been well received by pharma, biopharma, food and other companies.

This is an excellent example of how DoveBid utilises its global audience network to support efforts to dispose of surplus assets located around the world, in a simple and effective way".

The third DoveBid Packaging and Processing Exchange (PPX#3) online auction will be conducted between 28 and 30 November 2007, from 0900 GMT until 1300 GMT via the website, and will feature surplus equipment from North America and Europe arising from disposals by Procter and Gamble, Pfizer, Eli Lilly, Pepsi Co, Pepsi Bottling Group, and other global companies.

Assets include kettles, tanks, agitators, heat exchangers, pumps, mills, powder blenders, centrifuges, ovens, fryers, presses, filters, sifters, homogenisers, fillers, cappers, labelers, cartoners, case packers, case sealers, check weighers, conveyors, palletisers, tablet presses, coders, flexible bagging equipment, and much more.

In the previous Packaging and Processing Exchange online auction, the buyers originated from Australia, Canada, Colombia, France, Mexico, Netherlands, Russia, Spain, Switzerland, United States, and many other countries, stressing the global nature of the auction.

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