Peter Durette has been named CEO of Intertape Polymer Group (IPG), a global provider of packaging and protective solutions. He also will be a member of the board of directors. Former CEO Gregory Yull will retire from full-time duties after over 30 years with IPG, including 12 years as CEO and president. He will work […]
Read MoreWeekly News Roundup
Sidel Opens Hub to Study PET Recycling
Sidel recently opened a new hub in Octeville, France, dedicated to studying polyethylene terephthalate (PET) recycling. Sidel says the small-scale PET recycling pilot line will help it develop its understanding of PET recycling with the aim of giving comprehensive support to the market as it switches to greater use of recycled PET (r-PET). “Seeking carbon […]
Read MoreSealed Air (SEE) Buys Liquibox for $1.15B
Liquibox has been bought by Sealed Air, which trades as SEE on the New York Stock Exchange. Sealed Air paid $1.15 billion for Liquibox, according to a news release about the deal. North Carolina-based Sealed Air, which has about 16,500 workers worldwide, said the acquisition is complementary to its Cryovac Fluids & Liquids business, its […]
Read More44,000 Attend PACK EXPO International
PACK EXPO International attracted more than 44,000 attendees, surpassing the 2018 event when it was last held in Chicago, according to the event organizer, PMMI.
Read MoreGriff Buys Atlas Metalizing
The Griff Network recently announced it has bought Atlas Metallizing of New Britain, Connecticut. The purchase expands Griff’s reach into packaging, graphic, and technical markets, the company says in a news release. Pennsylvania-based Griff is a manufacturer, extruder, coater, laminator, and metallizer. With the Atlas acquisition, Griff will have an entire facility dedicated to specialized […]
Read MorePPC Flexible Packaging Buys Plastic Packaging Technologies
PPC Flexible Packaging LLC (PPC) recently announced that it has bought Kansas-based Plastic Packaging Technologies, LLC (PPT). Terms of the deal were not disclosed. PPC, headquartered in Buffalo Grove, Illinois, is a printer and convertor of flexible films, pouches, and other packaging designs, including prototypes. With the addition of PPT, PPC now operates 13 manufacturing […]
Read MoreResource Label Buys Deco Flexible Packaging
Resource Label Group, LLC, a Tennessee-based provider of pressure-sensitive label, shrink sleeve, and RFID/NFC technology for the packaging industry, recently reported that it has bought Chicago-based Deco Flexible Packaging. Terms of the deal, which expands the presence of Resource Label in the Midwest, were not disclosed. Deco specializes in the production of custom, pressure-sensitive products, […]
Read MoreSpecialty Paper Plant to Close in Maine
Pixelle Specialty Solutions LLC recently announced it will close a mill in Jay, Maine, in the first quarter of 2023. About 230 people will be affected by the closure, the company says in a news release. Pixelle, which is based in Spring Grove, Pennsylvania, produces specialty label and release papers as well as industrial and […]
Read MoreToyo Expands Asian Operations
Toyo Ink SC Holdings Co., Ltd. recently announced plans to double its laminating adhesives production capacity at its Malaysia-based subsidiary Toyochem Specialty Chemical Sdn. Bhd. Toyo, parent company of the Tokyo-based specialty materials manufacturer Toyo Ink Group, says the move will strengthen its global supply chain. The Toyo Ink Group plans to expand sales of […]
Read MoreAmcor Increases Investment in ePac
Amcor recently announced a further strategic investment of up to $45 million in ePac Flexible Packaging, a producer of short-run length digitally based flexible packaging. The investment will increase Amcor’s minority shareholding in ePac Holdings LLC. “This additional investment reflects our confidence in ePac’s entrepreneurial team and their proven ability to rapidly scale in the […]
Read MoreTaylor Corporation Subsidiary Buys Accu Copy to Expand Print and Packaging Footprint
The Occasions Group, a Taylor Corporation company, has agreed to buy the assets of Accu Copy of Greenville, North Carolina. Accu Copy does business under the AccuLink name to deliver commercial print, direct mail, and promotional marketing products, while its AccuFlex division focuses on the production of flexible packaging products. Terms of the deal were […]
Read MoreLubrizol Names New CEO and President
The Lubrizol Corporation has named Rebecca Liebert as the company’s president and CEO, effective Oct. 3. Liebert succeeds Mary Rhinehart who has served as interim president and CEO since March. Rhinehart will continue as chair of the company’s board, Lubrizol says in a news release. Liebert was most recently executive vice president of PPG Industries, […]
Read MoreDallas Plastics Buys Massachusetts-based Hi-De Liners
Texas-based Dallas Plastics, a manufacturer of blown polyethylene film with printing, embossing, and other capabilities for the medical, food, and industrial end markets, recently bought Hi-De Liners, Inc. Terms of the transaction were not disclosed. Headquartered in Orange, Massachusetts, Hi-De Liners manufactures high-density and linear low-density polyethylene bags and film using FDA-approved virgin resin. The […]
Read MoreConstantia Buying UK-Based Company
Constantia Flexibles based in Austria says it is buying FFP Packaging Solutions, a maker of sustainable, flexible packaging in the consumer market from Northampton, United Kingdom. Terms of the deal were not disclosed. “The acquisition aligns well with our Vision 2025 growth strategy of investing in competitive businesses with potential for future growth,” says Pim […]
Read MoreDazpak Expands With New Acquisitions
Dazpak Flexible Packaging recently announced that it has completed the acquisition of Atlapac Corporation of Columbus, Ohio. Dazpak, which is based in Southern California, is a portfolio company of H.I.G. Capital, a private equity firm based in Miami, Florida. Since H.I.G. bought Dazpak in late 2020, Dazpak has completed four acquisitions, including the recent purchase […]
Read MoreOffer Made for BOBST Group Shares
BOBST Group SA’s largest shareholder, JBF Finance SA, has made a public tender offer for the publicly held shares it does not already own. JBF of Buchillon, Switzerland, holds approximately 53% of the shares and voting rights in the company, BOBST says in a news release. JBF says it will pay 78 Swiss francs in […]
Read MorePremier Paper Group Buys Zulu Packaging
Premier Paper Group, which is based in the United Kingdom, recently bought Zulu Packaging. Terms of the deal were not disclosed. Independently owner Premier Paper offers 5,500 paper products including packaging board, postal packaging and envelopes, and office paper, according to its website. Founded in 2002, U.K.-based Zulu sells lamination and packaging films, including flexible […]
Read MoreFILMtech Expands in Tennessee
FILMtech Inc. is expanding on its 18-acre campus near Knoxville, Tennessee, with excavation already completed for a new 30,000-square-foot structure. The building will increase FILMtech’s manufacturing facility to 150,000 square feet, the company says in a news release. The maker of metallized and clear barrier films says that the addition will accommodate a new metallizing […]
Read MoreFortis Buys Anchor Printing
Virginia-based Fortis Solutions Group LLC has bought Anchor Printing, a family-owned company based in Novi, Michigan. Terms of the deal were not disclosed. Anchor Printing is a flexographic and offset printing specialist providing shrink sleeves, flexible packaging, and pressure-sensitive labels across a range of industries including the paint, automotive, medical, food, beverage, health and beauty, […]
Read MoreAmerican Packaging Corporation Utah Plant to Open in 2023
American Packaging Corporation (APC) intends to open a 275,000-square-foot manufacturing facility next year in Cedar City, Utah, creating more than 135 jobs. APC purchased the land in October and officially broke ground in February, with a completion date expected in June 2023. The plant will include flexographic printing presses, laminating, preformed pouching, and finishing equipment. […]
Read More