2nd Aug 2019
TemperPack, leader in sustainable thermal packaging, has been granted patent for its advanced thermal and protective packaging material made from bonded polysaccharide particles by the US Patent Office. This patent is the first related to ClimaCell, the company's latest and most advanced material, which was introduced to the market late last year.
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.
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...
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.
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...
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...
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...
6th Jan 2018
Michelman, a global developer of environmentally friendly advanced materials for industry with solutions for coatings, printing and packaging, has unveiled a new website www.michelman.in for Indian market. The site focuses on the needs of the Indian packaging market and highlights its major investment, the Michelman Innovation Centre for Coatings.
21st Mar 2017
A special polyester film with modified surface on one side and the other side untreated is all set to simplify digital printing since it is digitally printable without the need for priming/coating The film unveiled by India's largest multinational flexible packaging materials and solution company Uflex also demonstrates good transparency and optical...