TriMas has signed an agreement to purchase polymeric caps and closures maker Plastic Srl, in order to expand its portfolio of single-bodied and assembled closure products. The transaction is anticipated to close in early 2019.
Indorama Ventures has acquired a 74% stake in Medco Plast for Packing and Packaging Systems from Middle East Glass Manufacturing and the Samaha family. After the acquisition, MEG will retain a 16% shareholding in Medco Plast, and 10% in the Samaha family.
Tata Global Beverages signed a letter of Intent (LOI) with Tata Steel Special Economic Zone Ltd, owned by Tata Steel Ltd, for installing a new tea packaging unit in Gopalpur Industrial Park, Odisha. The investment for setting up this new unit at Tata Steel Special Economic Zone is anticipated to be around Rs 100 crore.
SIG Combibloc’s filling machine CFA 712 for aseptic carton packs has been installed at the Alimentos Triângulo Mineiro plant in Canápolis, Minas Gerais.
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.
Lindal Group has been recognized with an Aerosol Packaging Award for its Enhanced Mist Technology at the British Aerosol Manufacturers’ Association annual forum.
The German specialty chemicals provider ALTANA has acquired a stake in Velox industrial digital printing company, strengthening its digital printing technology portfolio.
P&G has introduced a new Eco-Box Package for its liquid detergent brand Tide. The new package contains an ultra-concentrated formula designed for eCommerce.
DS Smith has been honored with the title of UK Packaging Company of the Year at the UK Packaging Awards. The award is chosen by a panel of experts who are all highly respected and influential business leaders, designers, technologists and consultants in the world of packaging.
LUXE PACK SHANGHAI announces its 2019 common thread: “Smart packaging is beautiful!”, offering a global vision of what packaging can be today and tomorrow to the participants. The international exhibition will take place April 10 & 11, 2019.
Haptics play an important role in determining whether a customer buys a product. So the packaging and printing industry should adopt haptic approach, in order to strengthen the emotional appeal of brands and increase advertising effectiveness.
Stora Enso has developed a new sustainable RFID tag technology for intelligent packaging functionalities in supply chain, e-commerce and retail applications. Dubbed as ECO, the new technology allows paper-based RFID tags, offering a plastic-free and recyclable solution for packaging authentication.
