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BC Jindal Group Announces Strategic Reorganization

The BC Jindal Group has announced a strategic reorganization of its global operations under a unified leadership team dispelling rumors about exiting its international packaging business. This move highlights its dedication to expanding and strengthening...

Huhtamaki to Consolidate Its Production Footprint in United Arab Emirates

Huhtamaki has decided to consolidate its three Flexible Packaging manufacturing sites in the United Arab Emirates, keeping one factory in Jebel Ali and expanding the one in Ras Al Khaimah. The transition will gradually take...

Amcor’s New European Innovation Center Brings Brands the Latest in Material Science and Packaging Design

Amcor, a global leader in developing and producing responsible packaging solutions, has expanded its packaging innovation hubs around the world. In addition to existing centers in the US, South America and Asia Pacific, the company...

OQ Chemicals Lifts Force Majeure for German Sites

Global chemical company OQ Chemicals has lifted its force majeure declaration for all products from its German plants in Oberhausen and Marl. This follows the successful resumption of operations earlier this month. All plants are...

Korozo Group Appoints Adam Barnett to Group CEO

The Board of Korozo Group has announced the appointment of Adam Barnett, former President of the £1.2bn Food Packaging Division of Klöckner Pentaplast (kp), as Group CEO. Adam replaces Filip Lens who led the Group...

Terinex Flexibles Opens Net Zero CO2 Rated Factory Building

Terinex Flexibles is pleased to announce the opening of its new sustainable EPC A+ rated factory building. Believed to be the UK’s first net zero CO2 rated building to house a flexographic printing facility, it...

IPP Enters Exclusive Agency Agreement for Koehler Flexible Packaging Paper in the Benelux

Koehler Paper, a Koehler Group company, hereby announces that IPP Packaging Materials is the exclusive agency for Koehler Paper flexible packaging paper in the Netherlands, Belgium and Luxembourg, effective immediately. IPP Packaging Materials is a...

Update on the Brazilian Merger Review Process for the Sale of Terphane to Oben Group

As previously announced, on September 1, 2023, Tredegar Corporation entered into a definitive agreement to sell its flexible packaging films (“Terphane”) business to Oben Group. Completion of the sale is contingent upon the satisfaction...

NatureWorks’ Ingeo PLA Manufacturing Expansion Attracts Record Financing from Krungthai Bank PCL of Thailand

NatureWorks, a leading manufacturer of polylactic acid (PLA) biopolymers made from renewable resources, announced the historic financial support from Krungthai Bank PCL to optimize the capital structure for the new fully-integrated Ingeo™️ PLA manufacturing facility...

Coveris Invests €8m to Upgrade Medical Device Production Lines at German Sites

The Coveris Group is investing more than €8m to upgrade and expand its medical device production lines at its Rohrdorf and Halle sites in Germany. The high-tech facility in Rohrdorf has been in operation since...

American Packaging Corporation Opens Its Second Digital Packaging Production Unit

American Packaging Corporation (APC), a leader in flexible packaging, opened a second production unit of digitally printed flexible packaging in its Wisconsin Center of Excellence. For the Wisconsin digital packaging unit, APC invested in best...

Tredegar Reports First Quarter 2024 Results

Tredegar Corporation reported first quarter financial results for the period ended March 31, 2024. First quarter 2024 net income (loss) was $3.3 million ($0.10 per diluted share) compared to net income (loss) of $(1.0) million...

Wikoff Color Names Jeff Czarnecki as VP

Wikoff Color Corporation announced the appointment of Jeff Czarnecki as its new VP of strategic marketing and business development. Based at Wikoff Color’s corporate headquarters in Fort Mill, SC, Czarnecki will be responsible for overseeing...

TC Transcontinental Packaging Online Equipment Auction

On Tuesday, May 14th, TC Transcontinental is conducting an online equipment auction from its Tomah, WI facility. The auction includes late-model flexible packaging equipment including 8-Color CI flexo printing presses; bag-making and zipper pouch lines;...

Arkema Reports First-quarter 2024 Results

Following Arkema’s Board of Directors’ meeting held on 6 May 2024 to review the Group’s consolidated financial information for the first quarter of 2024, Chairman and CEO Thierry Le Hénaff said "In a context in...

Flexcon Company Recognized as a US Best Managed Company

Flexcon Company, Inc. is proud to announce it has been selected as a 2024 US Best Managed company. Now in its fifth year, the award, sponsored by Deloitte* Private and The Wall Street Journal, recognizes...

Digital Pouch Startup Aims to Disrupt Moroccan Market

EZPac, a startup digital printing operation, is looking to revolutionize the stand-up pouch market in Morocco following the installation of an HP Indigo 20000 press and pouch manufacturing line. EZPac was founded by Yassine Cherkaoui...

Arkema Acquires Dow’s Flexible Packaging Laminating Adhesives Business

Arkema has agreed to acquire Dow’s flexible packaging laminating adhesives business, one of the leading producers of adhesives for the flexible packaging market, generating annual sales of around US$250 million. The proposed acquisition will significantly...

Prices of European Flexible Packaging Materials Rise in First Quarter

The prices of European flexible packaging materials have increased in the first quarter of 2024 due to shipping disruptions in the Red Sea. Prices across almost every flexible packaging material posted modest price rises in...

Loop Industries and Ester Industries Ltd. Announce Joint Venture Agreement to Build an Infinite Loop™ Manufacturing Facility in India to Produce rDMT, rMEG and Specialty Polymers From Waste Polyesters with a Significantly Lower Carbon Footprint

Loop Industries, Inc., a clean technology company whose mission is to accelerate a circular plastics/fiber economy by manufacturing 100% recycled polyethylene terephthalate ("PET") plastic and polyester fiber, concluded an agreement with Ester Industries Ltd., one...

Amcor Reports Third Quarter 2024 Year to Date Results

Amcor Interim CEO Peter Konieczny said: “Amcor delivered improved financial results above our guidance for the third quarter driven by outperformance in the underlying business and our third consecutive quarter of improved earnings leverage. As...

Sonoco Reports First Quarter 2024 Results

Sonoco Products Company, one of the largest sustainable global packaging companies, reported financial results for its first quarter ended March 31, 2024. “Sonoco delivered first quarter results in line with our expectations,” said Sonoco’s President...

Swiss Aluflexpack Acquires Sellami’s Stake in Helioflex

The OneTech Group, a Tunisian listed company owned by the Sellami family (Moncef, Hédi Karim and Slim), has sold its shares in Helioflex to Aluflexpack AG, a leading manufacturer of high-quality circular flexible packaging. The...

Huhtamäki Oyj’s Interim Report January 1–March 31, 2024: Improved Operational Profitability

During the first quarter of 2024, consumption remained sensitive to unchanged interest rates and slow easing of inflation. While we saw signs of increasing demand, with differences between geographies and categories, the pricing pressure in...

Billerud Improved Sequential Performance in the Wake of Positive Market Sentiment

The first quarter result was a clear sequential improvement. As we expected, the improvement was mainly derived from stronger sales volumes and stronger price positions within liquid packaging board. We also experienced favorable product mix...

Winpak Reports 2024 First Quarter Results

Winpak Ltd. reports consolidated results in US dollars for the first quarter of 2024, which ended on March 31, 2024. Net income attributable to equity holders of the Company for the first quarter of 2024...

Fox Packaging Mourns Founder Kenneth Fox

Kenneth Fox, founder of Fox Packaging, died Wednesday, April 17, at the age of 91. Mr. Fox was a true pioneer in the packaging industry. The company said his incredible journey, unrelenting dedication and unmatched...

Flexible Packaging Europe Proposes Joint European Industry Manifesto

Industry association Flexible Packaging Europe (FPE) says the European industry is making a united call to prevent the risk of de-industrialization by relaunching Europe’s competitiveness. It adds that the EU enters a new policy cycle...

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