Tenneco especially wants to push into more foreign markets and make acquisitions to expand the packaging business.
Both companies were merged into Berlin's larger packaging business.
Together with his brother Erik he gradually shunted the company towards the packaging business.
The Company was established in 1991 by way of a management buyout of five plastic packaging businesses.
A year ago, Bowater called for £333.5 million cash to fund the takeover of a packaging business.
And there he saw the potential market in the packaging business and decided to invest.
Combined, the inks division and the plastic packaging business had about $540 million in 1995 sales, the company said.
After resigning from the cabinet in 1957, he returned to his apple farm and packaging business.
Kraft compares it with the way value is calculated in his paper and packaging business: How do you build inventory?
The company discontinued its packaging business in 1985, ending a 60 year run making steel drums and other containers.