US-based packaging manufacturer Tekni-Plex has purchased part of Oracle Packaging from private investment firm Centre Lane Partners, in a move to enter new markets and expand its existing product range. The acquisition includes Oracle’s 450,000 sq ft manufacturing facility in Winston-Salem and a product range covering flexible packaging laminates for food, beverage...
US-based Ampacet Corporation has implemented a new logo, tagline and website in an attempt to bring fresh focus to innovation, expansion, global support and sustainability. The logo is a revamped version of the old one with the incorporation of the colours red, yellow and blue in the form of three...
US-based Pregis has entered a deal to acquire Free-flow Packaging International (FP International), with the manufacturer of protective packaging expected take ownership in the coming weeks pending regulatory approval. FP International has supplied the protective packaging industry for 50 years. It started as a single-product firm and now produces multiple products internationally. Said Kevin...
Five years on from the launch of its Vision 2020 programme, record profits in its annual financial results illustrate that UK-based converter RPC Group's packaging strategy is working, says chief executive Pim Vervaat. Sales for the year ending 31 March 2018 were £3.75 billion ($4.3bn), up from £2.75bn ($3.1bn) the...
Thai producer of polyethylene terephthalate (PET) Indorama Ventures Limited (IVL) has, through its joint venture (JV) with India's Dhunseri Petrochem, agreed to buy a 540,000-tonne PET facility in Egypt. Located in Ain Sokhna, the facility is owned by Egyptian Indian Polyester Company (EIPET). The JV, formed in 2016, wants to revive the...