LyondellBasell, an international plastics, chemical, and refining company, will invest in the Circular Plastics Fund led by global venture fund Infinity Recycling.
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Industry and Association Updates
SIG to Buy Scholle IPN
Switzerland-based SIG has agreed to buy Illinois-based Scholle IPN, a global supplier of flexible packaging solutions, according to a recent announcement from Scholle.
Read MoreHoneywell to Build Advanced Recycling Plant
Honeywell recently reported that it will form a joint venture with Avangard Innovative to build an advanced recycling plant in Texas.
Read MoreePac Flexible Packaging Expands into Poland
ePac Flexible Packaging has opened its third European facility, ePac Poland North, near the cities of Poznan and Bydgoszcz.
Read MoreVonco Buys Flex-Pak Packaging Products
Wisconsin-based Vonco Products LLC recently reported that it has bought Flex-Pak Packaging Products Inc. of Batavia, Illinois.
Read MoreSun Chemical Expands With Acquisition of Italian Company
Sun Chemical recently bought SAPICI as part of its integrated supply strategy in the packaging market.
Read MoreBar Graphic Machinery Expands UK Operations
Bar Graphic Machinery (BGM) has expanded its facility in Bradford, West Yorkshire, UK, more than doubling its production capacity, according to a published report.
Read MoreDuraco Specialty Tapes Acquires 3 Sigma
Duraco Specialty Tapes, a manufacturer of pressure-sensitive tapes and specialty materials, recently bought 3 Sigma, a provider of pressure-sensitive products and specialty coatings.
Read MoreFPA Profiles the U.S. Packaging Industry
AS ONE OF the fastest-growing segments of the packaging industry, flexible packaging combines the best qualities of plastic, film, paper, and aluminum foil to deliver a broad range of protective properties while employing a minimum of material.
Read MorePCMC Plans Packaging Innovation Center
Paper Converting Machine Company (PCMC) will open a Packaging Innovation Center at its headquarters in Green Bay, Wisconsin, that will serve as a hub for demonstrations, training, education, industry trials, and research and development.
Read MoreSung An Machinery Co. Names New CEO
Sung An Machinery Co. (SAM) recently named Joon Shin, its former executive director, as the South Korean company’s new CEO.
Read MoreAmcor Expands in Singapore
Amcor recently opened a packaging facility in Tuas, Singapore, that will be dedicated to health care packaging.
Read MoreWall Street Journal Report: Activist Shareholder Pushes Sale of Berry Global
The Wall Street Journal reported Nov. 28 that Ancora Holdings Inc., an activist shareholder, wants Berry Global Group Inc. to sell.
Read MorePresto Products Expanding Wisconsin Plant
Presto Products has started construction on an expansion of its plant in Waupaca, Wisconsin, with a completion date expected in July 2022, the company recently reported.
Read MoreProAmpac Makes Move in Ireland
ProAmpac reported earlier this month that it bought Irish Flexible Packaging and Fispak from their parent company, IFP Investments Limited.
Read MorePrivate Equity Firm Buying Davis-Standard
Davis-Standard, LLC, is being bought by Gamut Capital Management, L.P., a New York-based middle-market private equity firm.
Read MoreGeorgia Company Completes Purchase of European Packager
Graphic Packaging Holding Company of Atlanta, Georgia, recently completed its purchase of AR Packaging Group AB, Europe’s second-largest producer of fiber-based consumer packaging. “The acquisition accelerates Graphic Packaging’s growing position serving consumer packaged goods companies around the world with sustainable fiber-based packaging alternatives,” the company says in a news release about the deal that was […]
Read MoreC-P Flexible Buys Georgia Packaging Company
Pennsylvania-based C-P Flexible Packaging said recently that it is buying Sycamore Sales, which does business as Preferred Packaging in Norcross, Georgia. Preferred Packaging makes multilayer flexible films and thermoformed containers, and it is a supplier of tray sealing equipment for meal solution providers and school systems. Terms of the transaction were not disclosed. C-P said […]
Read MoreIndustry Grows, Despite Pandemic
Annual Report Provides Details
The annual State of the U.S. Flexible Packaging Industry Report, published by the Flexible Packaging Association (FPA), provides industry converters, suppliers, investors, and analysts with insight into the performance of the U.S. flexible packaging industry over the past year.
Read MoreFortis Solutions Group Buys Quality Tape and Label
Fortis Solutions Group, LLC, reported recently that it has bought Quality Tape and Label of Georgia.
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