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IPG to buy three Amcor plants

Amcor is to sell three Australian flexible packaging plants to Integrated Packaging Group (IPG) for A$22 million (US$22.6m) subject to approvals.

The sites, in Victoria

Frito-Lay and Innovia come to agreement in legal dispute

Frito-Lay North America, a subsidiary of PepsiCo and Innovia Films have resolved their legal issue over the patent rights for bio-based multilayer films.

PLASTICS LABELS CONTINUE TO DELIVER GROWTH

Despite the economic challenges of recent years, plastics label demand has continued to grow by an average of 6 per cent per year since 2008, reports AMI Consulting.

MAX INDIA’S BOPP STOPS WITH SALE TO TREOFAN

Max India has sold its biaxially oriented polypropylene (BOPP) film business to Germany's Treofan for Rs 540 crore ($97 million) in order to focus on its main business of healthcare services.

BASF ADHERES TO EXPANSION PLANS

BASF has expanded its coating centre in Ludwigshafen, Germany, by adding a flexible laboratory coating and laminating facility, which will allow the development of adhesive systems for flexible packaging, labels, tapes and functional film coatings.

BAG CAMPAIGN “A CYNICAL ATTEMPT TO FILL A FUNDING HOLE”

The UK carrier bag industry has hit back at a new campaign called 'Break the Bag Habit', which it says is a "cynical attempt to fill a hole in funding".

DUO BAGS FIVE-YEAR DEAL WITH INTERNET RETAILER

UK-based polyethylene manufacturer Duo has signed a five-year contract with internet clothing retailer, JD Williams, making it the sole supplier of the latter's outbound mailing bags.

REIFENHÄUSER EXTRUSION SPLITS IN HALF

The business units of Reifenhäuser Extrusion have been divided into two independent companies to enable them to better serve the market.

SHOWA DENKO COMMERCIALISES BIONOLLE BIO-RESIN

Japan's Showa Denko has started producing biodegradable resin Bionolle on a commercial scale at its Tatsuno plant in Hyogo Prefecture.

NORDENIA TO FORM PART OF MONDI’S CONSUMER PACKAGING BUSINESS

Packaging converter Mondi Group has acquired a majority shareholding in Nordenia International, a manufacturer of consumer packaging solutions and hygiene products.
Completion of the purchase from current owners Oaktree Capital Management is expected in Q4 2012.

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