Plastics In Packaging

Plastics In Packaging
Share

Plastics In Packaging

 •  December 8

Pact Group Holdings Limited is to acquire the Asian packaging operations of Closure Systems International (excluding Japan) and Graham Packaging Guangzhou Co. Ltd from Reynolds Group Holdings Limited. The global manufacturer and supplier of consumer food and beverage packaging confirmed it had agreed to sell the subsidiaries for about $99 million,...

Plastics In Packaging

 •  December 5

Siemens Financial Services (SFS) has estimated that plastics manufacturers embracing digitalisation could increase revenues by approximately $40 – 60 billion. Launched at SPS IPC Drives 2017, the company’s research paper, ‘Digitalisation Productivity Bonus: Plastics’, draws on a statistical model, developed by SFS, which estimates reliable...

Plastics In Packaging

 •  December 5

The demand for flexible packaging in the Indian market is currently estimated to be $5.6 billion and according to analysis from PCI Wood Mackenzie, it is expected to grow at approximately 10 per cent a year over the next five years. Despite India’s economy slowing in 2017, likely in reaction to the announcement of demonetisation in November 2016...

Plastics In Packaging

 •  December 5

Printing and packaging supplier Flint group, has announced the acquisition of Italian-based Eston Chimica. The purchase of the water-based packaging print ink manufacturer follows Flint Group’s growth strategy to not only expand organically, but also through tactical acquisition. Eston Chimica is involved in the manufacture and sale of water-based...

Plastics In Packaging

 •  November 29

Global bioplastics production capacity is set to increase from approximately 2.05 million tonnes in 2017 to 2.44 m/t in 2022, according to trade group European Bioplastics. Biopolymers such as PLA and PHAs are credited as the main drivers of this growth in the field of bio-based, biodegradable plastics. Production capacities of PLA are predicted to...

Plastics In Packaging

 •  November 29

Swiss firm Mold & Robotics Group, which owns injection mould producer Müller, has agreed to acquire CBW Automation, based in Fort Collins, USA, and create a tooling and automation supplier with an established presence in America and Europe. As the market for thin-walled packaging for food and non-food products continues to expand, demand for...

Plastics In Packaging

 •  November 29

Reduced demand and tough trading conditions in its Plastics division contributed to a fall in sales at South African converter Nampak for the year ended 30 September, 2017. This was partially offset by the strong performance in the Metals business unit, which kept profits on an upward trajectory. Trading profit increased by 3 per cent to R2 billion...

Plastics In Packaging

 •  November 29

The new president of the World Packaging Organisation (WPO) has outlined a strategy that focuses on the eradication of global hunger and poverty through the use of better packaging. Pierre Pienaar has identified increased packaging training and education as essential tools in the reduction of global food wastage. In his statement, Pienaar mentioned...

Plastics In Packaging

 •  November 29

A children’s book has been released by Waste Free Oceans that attempts to raise awareness on plastics in the seas. Called ‘Plastian The Little Fish’ and written by Nicole Intemann, the book is aimed at children aged 5-10. The story focuses on a brother and sister who embark on a sea adventure and become concerned by the amount of marine litter in...

Plastics In Packaging

 •  November 28

Flexible packaging manufacturer Skymark has invested in a Universal X6lp laser perforation and inspection slitter rewinder at its UK manufacturing site based in Scunthorpe. The novel integrated slitting and laser technology, developed by Universal Converting Equipment, has the ability to scribe, laser perforate and slit at high speeds, and will...