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Tredegar Corporation reported fourth quarter and full year financial results for the period ended December 31, 2021. Fourth quarter 2021 net income from continuing operations was $21.4 million ($0.63 per diluted share) compared to $6.5...
LPS Industries, Moonachie NJ, a vertically integrated flexible packaging manufacturer, has been recertified to the latest ISO standards having passed the ISO 9001:2015 surveillance audit. The company has maintained an ISO certification for more than...
Paper Converting Machine Company (PCMC), as part of Barry-Wehmiller’s Converting Solutions platform, has filled several key roles on the leadership team in Green Bay in alignment with the platform’s strategic plan to grow local operations...
Verso Corporation announced that, at a special meeting of stockholders held, its stockholders voted to approve the previously announced merger with BillerudKorsnäs AB as well as other related proposals. The merger proposal was supported by...
Action Point, Inc. and Signature Flexible Packaging, Inc., an H.I.G. Capital portfolio company, has announced the acquisition of Techflex Packaging, LLC. Headquartered in Gardena, CA, USA, Techflex provides pouch converting capabilities to short-run, high-SKU...
Toray Plastics (America), Inc., announces that it has completed the sale of its Old Baptist Road (OBR) plant building and assets to Trico Specialty Films of North Kingstown, Rhode Island, an affiliate of Arlin Mfg. Co., Inc., of Lowell,...
C-P Flexible Packaging, a leader in the flexible packaging industry, announces the acquisition of privately held Bass Flexible Packaging, Inc. (Bass). With the addition of Bass, C-P expands into the highly attractive confectionary and health...
Italy-based flexible and rigid packaging supplier Gualapack SpA is opening a sales office in Miami, Florida, that will serve customers in the U.S and Canada. In a statement, company officials said the new office –...
The Closed Loop Leadership Fund, L.P., a private investment fund managed by Closed Loop Partners (CLP), has led a consortium of investors, including the Partnership Fund for New York City, in acquiring a majority stake...
The Descartes Systems Group Inc. announced its financial results for its fiscal 2022 fourth quarter (Q4FY22) and year (FY22) ended January 31, 2022. All financial results referenced are in United States (US) currency and, unless...
Sun Chemical and its parent company, the DIC Corporation, will amend their existing transportation surcharge. In addition, and in order to reflect cost dynamics in the global energy market, an energy surcharge on the entire Color...
Comexi, a specialist in solutions for the flexible packaging printing and converting industry, will set up a showroom in the Middle East as a result of an agreement reached with Madayn Plastic Company. The Omani...
On the heels of last year's widely-successful inaugural Sterile Packaging Day event, the Sterilization Packaging Manufacturers Council (SPMC) invites the industry to celebrate Sterile Packaging Day 2022 on Wednesday, April 13. This year's celebration theme...
Flint Group confirms the successful completion of the sale of its XSYS division (XSYS) to an affiliate of Lone Star Funds (Lone Star), a global private equity firm. Terms of the transaction were not disclosed....
ProAmpac, a global leader in flexible packaging, announced their Donegal, Ireland facility received the Brand Reputation Compliance Global Standard (BRCGS) accreditation that demonstrates compliance in hazard and risk management, hygiene, product safety and quality. The...
Arkema finalized the acquisition of Ashland’s Performance Adhesives business, a first-class leader in high performance adhesives in the United States. This operation marks a major step in Arkema’s strengthening of its Adhesive Solutions segment, and...
Almost 30 years after launching Packaging World, the most recognizable packaging publication in the industry, Joe Angel will be named Executive Vice President, Industry Outreach for PMMI, The Association for Packaging and Processing Technologies. After...
Gualapack US & Canada will be ideally located to be closer not only to customers in North America, but also to suppliers in the central region of the continent – including trusted partners the brand...
Pregis, a leading global manufacturer of protective packaging systems, has received ISO 14001:2015 certification for its Heerlen, the Netherlands, and Herbrechtingen, Germany manufacturing facilities. The facilities manufacture air cushioning material for use with Pregis’ MINI...
ProAmpac, a leader in flexible packaging and material science, announced that it has acquired Belle-Pak Packaging, an award-winning manufacturer of flexible packaging products. With the addition of Belle-Pak, ProAmpac expands its growing presence in Canada...
Giovanni Spitale has been named Chief Executive Officer of Davis-Standard, a portfolio company of Gamut Capital Management. Mr. Spitale replaces Jim Murphy who has been elected as Vice Chairman of the Board of Directors. In...
Paper Converting Machine Company (PCMC), a part of Barry-Wehmiller, is excited to announce its partnership with Fox Valley Flexo Services to provide educational opportunities, demonstrations and training through PCMC’s Packaging Innovation Center. “As we met...
Mondi plc is pleased to announce that it has entered into an agreement to sell its Personal Care Components business (‘PCC’) to Nitto Denko Corporation for an enterprise value of €615 million, which is also...
The new site, in Halesfield, has added approximately 40,000 sq ft of additional manufacturing space, and will house our innovative board division as well as allowing further investment in eco-friendly packaging technologies. Simon Balderson, Sirane...
Minneapolis-based AWT Labels & Packaging, Inc., a leading provider of specialty labels and packaging for the healthcare, food & beverage, personal care, and industrial durable end markets, announced the acquisition of Labeltronix. Labeltronix is a...
Westlake Chemical Corporation announced that it plans to officially change its name to Westlake Corporation effective on February 18, 2022. Westlake is now organized under one unified brand name with two financial reporting segments: Housing...
LyondellBasell announced its investment in a Circular Plastics Fund led by global venture fund Infinity Recycling. This investment expands the company’s venture capital activities to help eliminate plastic waste in the environment and advance the...
The year 2021 was marked by a challenging business environment. This was linked to the continued COVID-19 pandemic, with appearance of new variants, and the significant disruption of the value chain. Throughout 2021 we continued...