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Winpak Ltd., a leader in the packaging industry, recently unveiled its consolidated financial results for the fourth quarter of 2023, marking a significant milestone in the company's history. With a net income of $34.8 million,...
The Huhtamaki Annual Report 2023 has been published on the company's website. It is comprised of four sections, with a Company overview, financials, governance (Corporate Governance Statement and Remuneration Report) and sustainability. The report is...
In addition to its regular update call on April 10, 2024, at 2:00-3:00 p.m. EST, the EHS Committee plans to discuss the EPA’s phase-out of HFCs for refrigerants and other uses under the Paris Treaty...
Brook + Whittle is excited to announce the acquisition of PouchIt, a flexible packaging manufacturer based in Atlanta, Georgia. Specializing in short run stand up pouches, layflat pouches, and roll stock film, PouchIt provides customers...
The Flexible Packaging Association (FPA), the leading advocate and voice for the growing U.S. flexible packaging industry, is pleased to announce the formation of its political action committee, FlexPAC™, and its inaugural event to take...
Constantia Flexibles has signed an agreement to acquire approximately 57% of the shares of the packaging producer Aluflexpack. In parallel, Constantia Flexibles will launch an all-cash public tender offer for all publicly held registered shares...
Sonoco Products Company, one of the largest sustainable global packaging companies, reported financial results for its fourth quarter and fiscal year ended December 31, 2023. “In 2023, Sonoco made further progress on our strategic initiatives...
UFlex Limited, India's largest multinational flexible packaging and solutions company, reported Q3 FY24 unaudited consolidated net revenue of Rs. 33,454 million ($4.03 billion), down 1.3% QoQ and 4.3% YoY, for the first nine months of...
Eco Flexibles, a sustainability-focused flexible packaging specialist, has marked its commercial evolution with the opening of its new high-tech UK headquarters. Now located in a new 40,000-square-foot production site in Northampton, the move signifies...
Verdafresh, a leading provider of oxygen barrier for recyclable and saran-free flexible packaging, announced the appointment of Jeanne Skaggs to its Board of Directors today. Jeanne is an industry veteran with over 30 years of...
Stora Enso publishes its annual financial statements in accordance with the European Single Electronic Format (ESEF) reporting requirements. The format of the report is Extensible Hypertext Markup Language (xHTML). In line with the ESEF requirements,...
Cadillac Products Packaging Company, a leading provider of flexible packaging solutions, has announced that its Dallas, GA, facility has achieved ISO 9001:2015 certification. This certification is a testament to the company's commitment to quality and...
Berry Global, a leader in the design and manufacture of innovative, sustainable packaging solutions recently opened the doors to its “Circular Innovation and Training Center” in Tulsa, Oklahoma. The new 12,000 square foot center will...
Flexible packaging manufacturer Surepak Limited is seeking a buyer after filing for administration. Dean Nelson and Nick Lee, Business Recovery and Restructuring Partners at PKF Smith Cooper, were appointed on 12 February 2024. Sole director...
Mylar Specialty Films, a leader in the production of differentiated polyester films, unveiled its global rebranding initiative highlighted by a change in name from DuPont Teijin Films to Mylar Specialty Films. This change applies to...
Resource Label Group, LLC, a leading full-service provider of label and packaging solutions including pressure sensitive labels, pharmaceutical packaging, durable labels, shrink sleeves and RFID/NFC technology, is announcing the formation of RLG Healthcare, a specialty...
We are pleased with the many achievements during the year and energized by the plans going forward. In line with the previous years, we have proven our ability to deliver results in a volatile market...
The global economy will slow down this year compared with 2023, but its growth is expected to pick up again in 2025, according to a recent report from Euromonitor International, a business intelligence and market...
Kevin Kwilinski, Berry’s CEO said, “Berry delivered a solid first quarter result, in line with our expectations, as our teams executed well despite a challenging macro demand environment. Free cash flow was ahead of last...
Berry Global Group, Inc. and Glatfelter Corporation announced they have entered into definitive agreements for Berry to spin-off and merge the majority of its Health, Hygiene and Specialties segment to include its Global Nonwovens and...
Mainetti, a global leader in the packaging industry, has announced the expansion of its operations in Bangladesh, signaling a significant strategic move to bolster its sustainable flexible packaging business and scale the company’s Polyloop recycling...
Baldwin Technology Co. Inc. continues to invest in resources and manufacturing capabilities to meet growing demand across multiple print, packaging and industrial markets in the Americas. This includes additions to the Americas sales team, and...
Flint Group, a leading supplier of inks and coatings to the print and packaging industries, comments on the escalating impact caused by shipping delays across trade routes in the Middle East. Doug Aldred, Chief Commercial...
Stora Enso finalised the restructuring actions to improve long-term competitiveness and profitability announced in June 2023. The Group closed production units and reduced the number of employees within Group functions. The restructuring actions improve Stora...
The Board of Directors of Stora Enso Oyj has resolved to establish two new share-based incentive plans for the key employees of the Group and its subsidiaries. Stora Enso’s goal is to offer remuneration that...
The year 2024 marks the 50th anniversary celebration for the iconic DuPont™ Cyrel® brand, which introduced its first photopolymer plate to the flexographic printing industry in 1974. Since then, Cyrel® has continued to break new...
NBi FlexPack, an NBi Technologies company based in Wisconsin has announced its launch as a flexible packaging manufacturer producing high-quality custom solutions. NBi products are made in the USA, which allows for quick turnaround times...
Davis-Standard, LLC, a global leader in the design and manufacturing of extrusion and converting technology, is pleased to announce that it has completed the previously announced acquisition of Extrusion Technology Group (“ETG”). The acquisition includes...