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Tredegar Reports Third Quarter 2024 Results
11.08.2024

Tredegar Corporation reported third quarter financial results for the period ended September 30, 2024. Third quarter 2024 net income (loss) was $(3.9) million ($(0.11) per diluted share) compared to $(50.4) million ($(1.47) per diluted share)...

Romania's TeraPlast Inaugurates 18.5 Million Euro Stretch Film Plant
11.08.2024

Romanian construction materials producer TeraPlast Group said on Friday that it has inaugurated a stretch film factory at its industrial park in the northern village of Saratel, Bistrita-Nasaud county. TeraPlast Group invested 18.5 million euro...

Coveris Consolidates German Medical Packaging Sites Under New Branding
11.07.2024

Following extensive investments in its medical production facilities, Coveris is now consolidating its capabilities and high-class medical offerings under one brand name: MediFlex. “The demand for high quality, sustainable medical packaging is steadily growing, and...

Arkema Releases Third Quarter 2024 Results
11.06.2024

Following Arkema’s Board of Directors’ meeting held on 5 November 2024 to review the Group’s consolidated financial information for the third quarter of 2024, Chairman and CEO Thierry Le Hénaff said: “Arkema's Specialty Materials sales...

January Plant Closure of PPC Flexible Packaging to Result in Loss of 68 Jobs in Marlboro Twp.
11.02.2024

Sixty-eight employees will be out of work early next year as a manufacturing facility plans to close its doors. PPC Flexible Packaging announced the closure of its site, 9465 Edison St. NE, on Jan. 3....

Tredegar Completes Sale of Terphane to Oben Group
11.01.2024

Tredegar Corporation announced that it has completed the previously announced sale of Terphane, its flexible packaging films business headquartered in Brazil, to Oben Group. Commenting on the sale, John Steitz, Tredegar’s president and chief executive...

Amcor Reports First Quarter Result and Reaffirms Outlook for Fiscal 2025
11.01.2024

Amcor CEO Peter Konieczny said: “Amcor started fiscal 2025 well, with volume growth and customer demand dynamics continuing to improve. Adjusted EPS was up 5%, and our Flexibles and Rigid Packaging businesses each contributed to...

PPC FLEX Expands Chevron Manufacturing Capacity to Meet Growing Market Demand
10.31.2024

PPC FLEX, a leader in advanced packaging solutions, has significantly expanded its manufacturing capabilities by installing the world’s highest-throughput platen-based Chevron machine. This addition marks a milestone as the first Chevron system in the United...

Sonoco Reports Third Quarter 2024 Results
10.31.2024

Sonoco Products Company, one of the largest sustainable global packaging companies, reported financial results for its third quarter ended September 29, 2024. “Our third-quarter results were within expectations from seasonally higher Consumer Packaging demand and...

Storage of Preformed Sterile Barrier Systems Examined
10.31.2024

The Sterilization Packaging Manufacturers Council (SPMC®) released a new white paper titled “Preformed Sterile Barrier Systems Storage and Handling.” Developed by the SPMC®’s Technical Committee, the paper delivers recommendations and best practices for the storage...

LongueVue Capital Launches Innotex Packaging Solutions, Uniting Summit Plastics, ClearView Packaging, and Fredman Packaging
10.31.2024

LongueVue Capital is pleased to announce the launch of Innotex Packaging Solutions, a new integrated flexible packaging solutions provider uniting Summit Plastics, ClearView Packaging, and Fredman Packaging. This strategic rebranding brings together the complementary capabilities...

ACTEGA Names Stuart Hayes Managing Director for North America
10.29.2024

ACTEGA, a manufacturer of specialty coatings, inks, adhesives, sealants, and compounds for the print and packaging industry, has announced the appointment of Stuart Hayes as its new managing director for ACTEGA North America. Hayes brings...

TC Transcontinental Sells Its Industrial Packaging Operations to Hood Packaging Corporation
10.28.2024

TC Transcontinental announces the sale of its industrial packaging operations to Hood Packaging Corporation for a price of US$95 million (about C$132 million) subject to working capital adjustments. These operations generated approximately US$50 million (about...

Bobst Expands Manufacturing Footprint in India
10.28.2024

Bobst's new plant, which spans over 14,000 square metres (1.4-lakh sqft), will serve as a hub for the company's localised manufacturing efforts, catering to the needs of the Indian corrugated and flexible packaging industries. The...

Imaflex Completes Leadership Transition
10.28.2024

Imaflex Inc. is pleased to announce that Stephan Yazedjian has officially assumed his role as President and Chief Executive Officer, effective immediately. This marks an important milestone in the Corporation's ongoing growth journey. ...

Ti Opens New State-of-the-Art Innovation Center in Europe to Foster Packaging Film Innovation
10.25.2024

Taghleef Industries, one of the world’s largest manufacturers of PP-based, biobased, and biodegradable films for flexible packaging, labels, graphic arts, announces the opening of its new Innovation Center in Italy, at its site in San...

Winpak Reports 2024 Third Quarter Results
10.24.2024

Winpak Ltd. reports consolidated results in US dollars for the third quarter of 2024, which ended on September 29, 2024. Net income attributable to equity holders of the Company (Earnings) for the third quarter of...

Billerud Interim Report January–September 2024
10.24.2024

The third quarter was another solid quarter for Billerud. As we had planned, our net sales grew, and profitability improved in both regions. The positive profitability trend we have seen from the beginning of the...

Pouches.com Launches in the US Market
10.24.2024

A new player in flexible packaging segment, Pouches.com has entered the US market with its streamlined, fully integrated online ordering system. Offering custom-printed pouches and packaging for B2B customers nationwide, Pouches.com offers ease of use,...

JPFL Films to Double Capacitor Films Business with RS 250 crore Investment
10.22.2024

JPFL Films, a flexible packaging giant that is a part of the BC Jindal Group, has announced it is operating at full capacity in its capacitor film business. To cater to the growing capacitor market,...

Change in Huhtamaki’s Global Executive Team
10.18.2024

​Marco Hilty, President, Flexible Packaging, and member of the Huhtamaki Global Executive Team, has decided to leave Huhtamaki for personal reasons. Marco’s last day with Huhtamaki will be January 31, 2025. The process to appoint...

Nedbank, MIC Take Over Majority Stake in Tropic Plastic and Packaging
10.18.2024

Nedbank Private Equity (NPE), through its Corporate and Investment Banking division, has partnered with the Mineworkers Investment Company (MIC) to acquire a majority stake in Tropic Plastic and Packaging, a prominent black-owned business. The transaction,...

LYB Completes Acquisition of Solvent-based Recycling Company APK
10.17.2024

LyondellBasell (LYB) announced it became full owner of APK AG in Merseburg, Germany. APK will be fully integrated and continue as part of LYB, a sustainability leader in the chemical industry. It is LYB’s ambition...

Henkel's Düsseldorf Site Gets ISCC PLUS Certification
10.17.2024

Henkel Adhesive Technologies’ polyurethane production at its Düsseldorf site has recently received the International Sustainability Carbon Certification (ISCC) PLUS certification. Following in the footsteps of Drogenbos, Belgium, and Bopfingen, Germany, this is the adhesive manufacturer’s...

Mondi to Acquire Western Europe Packaging Assets of Schumacher Packaging
10.14.2024

Mondi plc (“Mondi” or the “Group”), a global leader in the production of sustainable packaging and paper, today announces that it has entered into an agreement to acquire the German, Benelux and UK corrugated converting...

BOBST Strengthens Its Global Presence With the Opening of a New Labels & Flexible Packaging Competence Center in Italy
10.14.2024

With over 350 employees dedicated to narrow-mid web printing and converting, BOBST is continuing to advance its vision for the future of labels and flexible packaging production, centered on connectivity, digitalization, automation and sustainability. With...

TeraPlast Group Continues Its Regional Expansion and Acquires 70% of Optiplast – the Third Largest Flexible Packaging Manufacturer in Croatia
10.09.2024

TeraPlast Group announces the signing of a purchase agreement to acquire 70% of the share capital of Optiplast, the third largest flexible packaging manufacturer in Croatia. Optiplast is a company with a similar product range...

Shapiro Administration Invests Half a Million Dollars in Flexopack USA to Build Company’s First American Manufacturing Facility in Lebanon County
10.07.2024

Today, Governor Josh Shapiro announced a significant investment of $500,000 from the Commonwealth to support Flexopack USA Inc. in establishing its first American manufacturing facility in Pennsylvania. This project will inject $33 million into the...

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