The Klöckner Pentaplast (KP) Group is to invest nearly $52 million in the expansion of its global production capacity. The company is focusing on its Suzhoi, China; Cotia, Brazil; and Santo Tirso, Portugal plants.
Resource efficiency can play a pivotal role in delivering economic growth and environmental benefits to the UK, said Dr Liz Goodwin, chief executive of the Waste & Resources Action Programme (Wrap) during the organisation's annual conference today.
Rising inks, adhesives and energy costs being passed on to customers through higher selling prices was the main factor in European flexible packaging production growing by 5 per cent in value terms in 2011, reports PCI Films Consulting.
Plastics packaging producer Sonoco has commenced commercial production at its $15 million rigid plastics container plant in New Albany, Ohio, which the US company plans to use to grow its Beauty and Home Care business.
Indian flexible packaging films producer, Jindal Poly Films (JPFL), has agreed to purchase ExxonMobil Chemical`s Biaxially Oriented Polypropylene (BOPP) Global Films business, subject to regulatory approval.
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