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Packaging Textiles

Pic: Sibur
Biaxplen, Manucor establish joint venture

7th Oct 2019

Biaxplen, a subsidiary of Sibur, has taken over 50 per cent stake in the European BOPP film producer Manucor. The two have established a joint venture, and will share their best practices in research and development, sales and marketing, production, and technical support. Manucor's sales team will help give Biaxplen new opportunities in the European...

Pic: H B Fuller
H B Fuller unveils technologies duo in EIMEA market

20th Sep 2019

H B Fuller has unveiled a duo of technologies - Advantra Smart high performance hot melt range for food-safe compliance, and FullVision, a powerful data analytics consultancy service designed to connect packaging manufacturers with continuous performance and quality improvement - in the EIMEA market comprising Europe, India, Middle East and Africa.

Pic: Berry global
Berry completes acquisition of RPC group

8th Jul 2019

Berry has completed the acquisition of RPC Group for a purchase price of approximately $6.5 billion, which includes approximately $4.3 billion of cash paid for the equity interest in RPC and $2.2 of net debt and estimated transaction related costs, subject to closing adjustments. Berry is a supplier of innovative rigid, flexible, and non-woven products.

Pic: Bag Corp
Bag Corp acquires Propex Foreign Holdings

6th Apr 2019

Bag Corp, a pioneer of Flexible Intermediate Bulk Container (FIBC) market, has acquired Propex Foreign Holdings, a subsidiary of Propex Global, in its 50th anniversary year. Bag Corp, headquartered in Richardson, TX, US, is a bulk handling and supply chain solutions provider helping businesses manage all their bulk handling needs from one source.

Pic: Bruckner Group
Plastchim-T upgrades BOPP line to make more specialty film

23rd Mar 2019

Bulgarian film manufacturer Plastchim-T will upgrade its 6,6 m line to 5-layer film production which will enlarge its product portfolio with a wide variety of higher value quality films. The production of specialty films at existing, smaller lines with lower output is a suitable alternative to the increased worldwide production capacity of commodity...

Pic: Berry Global Group
Berry to acquire RPC and become plastic packaging leader

18th Mar 2019

Berry Global Group, has announced a recommended superior offer to acquire all of the issued and to be issued ordinary share capital of RPC Group for 793 pence ($10.52) per share in cash. Total price will be approx £5 billion ($6.5 billion) including refinancing of RPC’s net debt. The buyout will make Berry a global leader in plastic packaging solutions.

Courtesy: DuPont
DuPont Films unveils new heat sealable polyester films

23rd Jan 2019

DuPont Teijin Films, a joint venture between DuPont and Teijin, has unveiled its new Mylar Harvest Fresh rPET range of heat sealable polyester films with up to 50 per cent post-consumer recycled rPET content. The Mylar Harvest Fresh range of films has the waste and cost reduction benefits of top seal lidding with bonus of a lower carbon footprint...

Courtesy: IVL
IVL taking over Invista Resins & Fibres

21st Dec 2018

Indorama Ventures Public Company Limited (IVL), a global chemical producer, is taking over Invista Resins & Fibres, which owns a high value-added PET manufacturing facility located in Gersthofen, Germany. IVL has signed a deal in this connection. The Gersthofen site has a combined capacity of 282,000 tonnes/ annum, and employs approximately 140...

Courtesy: Indorama Ventures
Indorama Ventures acquires packaging firm Medco

20th Jul 2018

Indorama Ventures Public Company Limited (IVL), via its indirect subsidiary, Indorama Netherlands B.V., has acquired a packaging business in Egypt. A purchase agreement was signed on July 18, 2018 with Middle East Glass S.A.E. and Mohamed Hassan Samaha for the acquisition of 74 per cent of the shares of Medco Plast for Packing and Packaging Systems...

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