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Amcor, a global leader in developing and producing responsible packaging solutions, announced that it has signed a definitive agreement to acquire Moda Systems, a leading manufacturer of state-of-the-art, automated protein packaging machines. Based in New...
Pactiv Evergreen Inc. announced that its board of directors has approved the payment of a quarterly dividend of $0.10 per share of common stock. The dividend will be paid on June 15, 2023 to shareholders...
TIPA Compostable Packaging has expanded its European reach with the acquisition of Bio4Pack. Bio4Pack will allow TIPA to provide three new additions to its range: paper packaging from agricultural waste, trays and nets. The deal...
Paper and packaging company Mondi says its underlying earnings before interest, taxes, depreciation and amortisation (Ebitda) of €351-million for the first quarter of this year were broadly flat when compared with its Ebitda for the...
In the first quarter of 2023, Henkel increased Group sales to around 5.6 billion euros. The very strong organic sales growth of 6.6 percent was driven by double-digit pricing, while volumes were below the prior-year...
DS Smith has linked up with energy provider E.ON to launch a combined heat and power (CHP) plant at DS Smith’s paper mill in Kent. Work on the CHP plant began in 2019 with E.ON...
The Summit Packaging Platform, which includes Summit Plastics, ClearView Packaging, and Fredman Packaging (together "Summit"), a LongueVue Capital ("LVC") portfolio company and manufacturer of custom packaging solutions, is pleased to announce the appointment of Joe...
When building a producer responsibility organization, fees should be transparent, the industry should be in control and the system needs to be fair. That’s what participants in a recent webinar said, noting there are different...
One of India's leading packaging materials companies, UFLEX, has launched a major investment in one of Egypt's special economic zones. Egypt’s array of special economic zones have significantly grown in prominence over the past five...
DuPont announced that it has entered into a definitive agreement to acquire Spectrum Plastics Group from AEA Investors. The purchase price will be paid from existing cash balances. The transaction is expected to close by...
Sealed Air Corporation announced it has officially changed its corporate brand to SEE®, taking the next step in reinventing the company. Sealed Air has evolved its corporate and iconic brands to SEE, showcasing a market-driven,...
Since 1956, the Flexible Packaging Association (FPA) has conducted the annual Flexible Packaging Achievement Awards Competition to showcase the industry’s innovation and the advances that have changed packaging. The competition is among the most respected...
ACTEGA, a manufacturer of specialty coatings, inks, adhesives, sealants and compounds with a focus on the packaging and print industry, has announced a $5 million investment in its New Jersey facility. The investment will fund...
The first quarter of 2023 developed in line with the trend seen in the latter part of 2022, with continued inflation affecting consumption across categories and geographies. Order levels were also impacted by destocking in...
Cadillac Products Packaging Company, a well-established, innovative manufacturer of films and laminations, announced the company’s film plant in Paris, Illinois has been recommended for registration to both ISO 9001:2015 and FSSC 22000 by its registrar,...
Sealed Air Corporation and Koenig & Bauer AG announced they have signed a non-binding letter of intent to expand their strategic partnership for digital printing machines. The partnership aims to significantly improve packaging design capabilities...
It is commonly understood that the apparel and textile industry is responsible for a large portion of the world’s pollution, landfill waste, and greenhouse gas emissions. However, one company is on a mission to usher...
The first quarter organic and currency-neutral net sales grew by 6% compared to the corresponding period last year, mainly because of higher sales prices. Our sales volumes were negatively impacted by customers’ destocking due to...
Matik, Inc. is excited to welcome Chris Baldwin to its team. Baldwin is Matik’s Midwest sales manager for SEI Laser. Baldwin has more than 30 years of experience in the label and printing industry. He...
The market outlook is worsening and accelerated towards the latter part of the first quarter. Cost pressures and market uncertainties are expected to be significantly more challenging in 2023 than in 2022, weighing on our...
Winpak Ltd. reports consolidated results in US dollars for the first quarter of 2023, which ended on April 2, 2023. Winpak Ltd. manufactures and distributes high-quality packaging materials and related packaging machines. The Company's...
Michigan State University celebrated the opening of the newly renovated MSU School of Packaging building on April 20, following a fundraising campaign that raised more than $10 million. “This significant expansion of our facilities, enabled...
As part of a company-wide commitment to customer service and environmental sustainability, Davis-Standard’s manufacturing facility in Fulton, NY, USA recently attained ISO 14001 certification. This certification validates processes across the board, internally and externally, and...
Aquapak Polymers Ltd, which specialises in polymer-based material technologies which deliver both performance and environmental responsibility at scale, has today announced the appointment of Adrian Whyle to its Advisory Board, which comprises business leaders and...
JBM Packaging, a manufacturer of eco-friendly, flexible packaging solutions, proudly announced that it is now B Corp Certified. The certification brings together a global community of businesses working together to lead a global movement for...
Through its subsidiary, Flex P Films Egypt, Indian packaging film manufacturer Uflex is planning to build a PET production plant at the Egyptian petrochemical site, Ain Sokhna. The plant with a capacity of 360,000 t/y...
Yash Pakka (YPL), a pioneer in the compostable packaging industry, has kickstarted the development of its first overseas plant in the Central American country Guatemala. The new plant is expected to be the world’s largest...
Constantia Flexibles, a leading manufacturer in the flexible packaging industry, is excited to announce the completion of its acquisition of Lászlópack Kft., a Hungarian flexible packaging producer specializing in flexo printing. Constantia Flexibles is taking...