Packaging
Sana Packaging Inc., a U.S.-based sustainable hemp packaging solutions provider, has reportedly announced its collaboration with Oceanworks Inc., to introduce a new line of cannabis packaging made from reclaimed ocean plastic. The new product line targeting the cannabis industry is set to be launched in …
Packaging
In a growing effort to set a firm foot in the global flexible packaging sector, TricorBraun, a U.S.-based rigid packaging industry giant, has recently announced that it is acquiring Pacific Bag, an American packaging manufacturer. As per reliable sources, the transaction represents the sixth acquisition …
Paints & Coatings
PPG Industries, Inc., a US-based global supplier of coatings, paints, and specialty materials, has reportedly signed a definitive agreement to acquire Hemmelrath Lackfabrik GmbH, a Germany-based manufacturer of automotive coatings. The acquisition is expected to strengthen PPG’s foothold in the automotive industry. According to authentic …
Recycling
Swindon Borough Council has recently announced its plans of setting up an advanced recycling facility which would practically recycle all plastics, which includes plastic film and crisp packets. Apparently, the recent proposed facility would be employing a recycling machine, that is provided by specialists Recycling …
Packaging
Atlas Holdings LLC has reportedly purchased Saxco International, LLC, the foremost value-added distributor of packaging solutions to the food, craft beer, spirits, and wine markets. As per trusted sources, the financial terms of the deal are yet to be disclosed. Partner at Atlas Holdings, Sam …
Advanced Materials
Celanese Corporation has confirmed that it has completed the acquisition of one of the largest engineering thermoplastics (ETP) compounders in India, Next Polymers Ltd. Through this deal, Celanese has added a new production unit in India and has expanded its global manufacturing footprint with a …
Packaging
Fortis Solutions, a portfolio company of the private equity firm Main Post Partners, has reportedly announced that it has acquired Infinite Packaging, which is a portfolio company of a private equity company – Svoboda Capital Partners. Apparently, Infinite Packaging Group is a full-service converter for …
Packaging
AR Packaging Group, the Swedish packaging company, has reportedly completed the acquisition of all outstanding shares in Istragrafika, a high-quality folding carton products maker based in Croatia, for an undisclosed amount. Reportedly, AR Packaging incorporated Istragrafika into its establishment on the 1st of January 2019. …
Recycling
The governmental officials of South Korea have reportedly announced the ban of disposable plastic bags in supermarkets and retail shops to reduce recyclable waste and save natural resources. Reliable sources state that the ban would come into effect from January 1, 2019, as a revised …
Packaging
The Food Safety and Standards Authority of India has reportedly banned the use of recycled plastic, newspaper and magazine pages for packaging of food materials. This initiative is being implemented in a bid to prevent the use of packaging materials that possesses potential health risk. …