Page 3 - Packaging

CCL Industries buys BOPP films maker Innovia for $ 845 mn

Acquisition will propel CCL into a leadership position in the polymer banknote market, while further consolidating its presence in BOPP films technology for label, packaging and security

Packaging industry set to hit $35 bn mark by 2020: Official

The packaging industry, now pegged at $25 billion, is growing at a rate of 15 per cent per annum

Wind Point acquires Paragon Films

Paragon is the manufacturer of high performance cast stretch films that are principally used to unitise loads while in storage and transit

Avery Dennison buys Hanita Coatings for $ 75 mn

Hanita Coatings develops and manufactures coated, laminated, and metallised polyester films for a range of industrial and commercial applications

TCPL Packaging starts new offset printing line at Silvassa

The new machine has an annual capacity to convert 9000 T of paperboard

Uflex launches direct UV offset printable polyester film

This speciality polyester film is suitable for direct UV offset printing without requiring any primer or treatment

Clariant to tap Indian pharma sector with packaging and anti-counterfeit solutions

The company, which is setting up a healthcare packaging production facility in Cuddalore, has launched technology to combat counterfeiting in medical devices and packaging

Manjushree Technopack expands pan-India by acquiring Varahi

With the acquisition of Varahi's rigid packaging business, the company has established a presence across India with eight manufacturing units in South, North and East

Intertape Polymer to invest $ 20 mn in India to expand packaging tapes capacity

The US-based company will expand the capacity of Daman facility of Powerband (in which it acquired 74% stake in September 2016) and construct a greenfield facility in the country

Consumerism push triggers 15% annual growth of packaging sector

With consumerism catching up fast in the country, the packaging industry has seen a 15% annual growth over the last five years

Manjushree Technopack plans diversification to tap growing packaging market

With foray into shrink film packaging and plans to increase its presence pan India, the company aims to emerge as preferred packaging solution provider to various industries

Essel Propack's new tube making technology in US to raise productivity

While the currently equipped machines have capacity of 60 to 250 tubes per minute, the new SHOT line - installed at Danville (USA) facility - will produce 500 tubes per minute

Huhtamaki PPL to set up plants for flexible packaging and labels in NE India

The company will spend Rs 65 cr to build manufacturing facilities for flexible packaging and labels at Assam and Sikkim respectively. It will also relocate its labels plant in Navi Mumbai

Uflex engineers thinnest PET AlOx speciality film for packaging

The film finds extensive use in manufacturing laminates used for packing food, beverages, pharmaceutical and medical products

Cosmo Films to set up manufacturing facility in Maharashtra

The company has acquired 34 acres of land, adjacent to its existing unit at Waluj (Aurangabad, Maharashtra), for setting up the new plant

Growing processed food sector gives impetus to packaging industry

The plastic food packaging sector (worth over $ 4 bn) accounts for lion's share of India's total plastic packaging market, currently valued at about $ 7 bn, says Assocham-TechSci study

Merck to invest Euro 50 mn in German pharma packaging unit

The unit will focus on Merck's brands Glucophage, Concor and Euthyrox to meet increasing patient needs in the areas of diabetes, cardiovascular diseases and thyroid disorders

Uflex develops melamine-free packaging film

The company's Polish plant has developed a melamine-free acrylic coated bi-axially oriented polyethylene terephthalate (BOPET) clear transparent film, F-AMF, for packaging industry

Essel Propack takes over German packaging JV

The company has raised the stake in Essel Deutschland GmbH from present 24.9% to 100% providing it a strong platform for growth especially in the non-oral care category in Europe

Uflex launches ESL aseptic flexi-pouch machine for packaging milk

Machine can help dairy companies to preserve milk in normal ambient conditions at the point of sale for as long as 90 days