After multiple joint projects, machine vision experts VITRONIC/Germany and Il-shofen packaging machine manufacturer for the pharmaceu-tical industry Bausch + Ströbel/Germany have entered into a framework agreement for even closer cooperation in the fu-ture.
MeadWestvaco Corporation, a global leader in packaging and packaging solutions is showcasing its full lineup of packaging solutions for the consumer electronics industry at the 2013 International Consumer Electronics Show (CES) in Las Vegas from Jan. 8-11, 2012 in Room S218.
The Asia-Pacific biorenewable materials market is estimated to grow at a rate of over 19 percent per annum till 2018, as application development and technology licensing costs come down, and customer awareness grows. With biorenewable materials likely to replace common plastics in various packaging applications, the large replacement demand presents the market in the region with added growth opportunities.
The Dow Chemical Company continues to drive growth and demonstrate its strong patent position through a number of licensing programs and technologies that are gaining momentum on a global scale and providing customers with next-generation industry standards and solutions.
MeadWestvaco Corporation, a global leader in packaging and packaging solutions announced the completion of the purchase of Ruby Macons Limited (“Ruby Macons”). The India-based producer of high-quality corrugated packaging materials becomes a central component of MWV’s packaging platform in India and a key element of the company’s plans to grow in emerging markets. The transaction was completed on Nov. 30, 2012 and financial results for Ruby Macons will now be reported as part of MWV’s Industrial Packaging segment.
Dow Performance Packaging, a business unit of The Dow Chemical Company, announced today it has reached a new innovation milestone by creating 42 new products for the high performance packaging sector in 2012 – achieving a run rate of nearly one new product per week in the year. These new and expanded lines of high performance resins, films and adhesive products are expected to deliver more than 100 million pounds of new business in North America alone in 2013 and further shifts Dow participation into higher value applications.
Packaging Dynamics Corporation ("Packaging Dynamics"), a leader in flexible packaging and specialty paper, today announced the acquisition of Groupe De Luxe ("De Luxe"). De Luxe is a leading North American manufacturer of flexible packaging products for food service, bakery, supermarket, confectionery, dairy, and other specialty applications. De Luxe is headquartered at its Montreal manufacturing facility and also has facilities in Toronto, Chicago and Saugerties, NY.
The SuperLock® plastic food pot from RPC Superfos has been honoured with a Packaging Oscar at Salon Emballage in Paris, for its outstanding barrier properties and user friendly design.
P&M Corporate Finance (PMCF) is pleased to announce that it served as the exclusive financial advisor to Stull Technologies Inc. (Stull), a privately held business in Somerset, N.J., in its successful sale to Plattsburgh, N.Y.-based Mold-Rite Plastics (Mold-Rite). Mold-Rite is owned by private equity firm Irving Place Capital.
Since its invention by BASF, polymeric surface sizing agents (PSA) have seen many developments to reach their current performance levels. Recently, research, development and application specialists at BASF jointly completed their work on a new product for this established technology that allows papermakers to significantly improve on sizing costs. Traditionally, PSA for the liner segment used cationic polymers. This however limited the coloration to certain product ranges.
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