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Scientex Berhad will acquire 42.41% stake in Daibochi, in order to expand its flexible packaging business. Scientex will enter into a conditional share sale agreement with many individual vendors who hold a controlling block of shareholding in Daibochi.
UPM Raflatac’s labeling experts will exhibit new innovative labeling products at Labelexpo India on 22-25 November 2018. The new labels are dedicated to boost brand impact, sales and operational efficiency.
Ikea has set a goal to ban all single-use plastic products from its shops and restaurants by 2020, as part of its wider sustainability strategy. The single-use plastic products include garbage bags, straws, freezer bags, cups, plates, and plastic-coated paper plates and cups.
Kodak is set to sell its flexographic packaging division to Montagu Private Equity. After the closing of the deal, the division will be operated as a new standalone company which will develop, manufacture and sell flexographic products.