Press Releases

Pactiv Evergreen Inc.  today announced that its wholly-owned subsidiary, Pactiv Evergreen Group Holdings Inc. has reached a definitive agreement to acquire Fabri-Kal, a leading manufacturer of foodservice and consumer brand packaging solutions. The transaction, valued at approximately $380 million, subject to adjustments for cash, working capital and indebtedness, is expected to close late in the third quarter or early in the fourth quarter of this year, subject to regulatory approvals a

CPS Technologies Corp. announced today that several recent contract awards have resulted in over $11 million in orders this year for a variety of Hermetic Packages offered by CPS. Michael McCormack, President and Chief Executive Officer of CPS, said, “All three of our product lines continue to perform well. In particular, the performance of the Hermetic Package product line continues to achieve record results in terms of revenue, and bookings adding significantly to CPS’

Digimarc Corporation announces today it has entered semi-industrial trials, the next stage of development for intelligent waste sorting as part of the Digital Watermarks Initiative HolyGrail 2.0., driven by AIM, the European Brands Association, and powered by the Alliance to End Plastic Waste. With the commencement of semi-industrial trials, HolyGrail 2.0 is on track to launch the highly anticipated phase of in-market demonstrations and industrial-scale trials, with the potential fo

Sonoco announced today it has partnered with AMP Robotics, a pioneer in AI, robotics and infrastructure for the waste and recycling industry, to create a new material category within AMP’s neural network specific to rigid paperboard cans. The U.S. partnership will result in increased recycling rates for the spiral wound paper canister with steel bottom produced by Sonoco and other manufacturers. The use of recycled steel has a 45% lower environmental impact than producing the

Comexi, a specialist in solutions for the flexible packaging printing and converting industry, and Strong S.A., a company that specializes in the production of flexible packaging, have reached an agreement for the Uruguayan company to acquire a high productive Comexi S1 DT. The new slitter, which will be installed at the Montevideo facility, will allow Strong S.A. to automate more processes in the immediate future. "For us it is very important that a company such Strong S.A. ha

Element Solutions Inc , a global and diversified specialty chemicals company, announced today that it has closed its previously announced acquisition of Coventya Holding SAS (“Coventya”), a global provider of specialty chemicals for the surface finishing industry. Coventya joins MacDermid Enthone Industrial Solutions and will be reported within the Company’s Industrial & Specialty segment. Coventya is expected to generate annual sales of approximately $190 mill

Konica Minolta Business Solutions Ltd.  a leader in industrial and commercial printing and packaging solutions, is pleased to announce its AccurioPress C4080 and C4070 high-speed digital presses have earned Idealliance® Digital Electrophotographic Press Certification and ISO/PAS 15339 System Certification. These certifications demonstrate the devices’ premier capabilities in both print production and colour reproduction according to globally recognized standards in printing and

 Leading European thermoforming packaging specialist Waddington Europe, a division of Novolex, has teamed up with Shabra, Ireland's leading recycler and reprocessor of post-consumer waste (PCW), to purchase food-grade recycled PET (rPET) sourced from bottles, pots, tubs and trays to manufacture new rPET food packaging products at its Arklow production site. Not only does the agreement help to further secure Waddington Europe's long-term source of rPET, but it also enabl

Eviosys , a leader in the metal packaging industry with innovation and sustainability at its core, launches today as a newly formed, independent company. The business is Europe's largest manufacturer of steel and aluminium food packaging, with hundreds of global and regional food and consumer product customers. Eviosys will focus on unique, smart packaging solutions by combining a rich heritage with an enhanced, market-leading focus on innovation, research and development. 

Leading cleaning chemicals company, Derbyshire-based Clover Chemicals, has recently invested in a Dantex PicoColour UV inkjet digital label press. Manufactured and supplied by Dantex Digital - part of the Dantex Group, the press, which replaces two existing digital presses purchased by the company in 2012, features a number of inline finishing options, including a die-cutting station and slitting. As a chemical manufacturer, Clover Chemicals print all their labels in-house. Being ab

Business Wire IndiaShree Rapid Technologies (SRT), leaders in providing end-to-end digital manufacturing solutions announces the partnership with Formlabs a leading 3D Printing company. The two brands aim at building the 3D Printing industry in India and expanding the adoption of 3D Printers across industries, by combining the technological expertise of Formlabs with the sales and marketing presence of SRT.Shree Rapid Technologies (SRT) has been at the forefr

JBM Packaging, a manufacturer of eco-friendly, flexible packaging solutions, today announced the opening of a new 40,000 square foot location in downtown Cincinnati. Located at 925 Freeman Ave., the facility will allow JBM to further expand its manufacturing capabilities while also adding new contract packaging services. It will also support the growth of the company’s Fair Chance hiring program. “With so many businesses experiencing labor challenges, our Fair Chance hir

QAD DynaSys, a leading provider of digital supply chain planning solutions, announced today that Huhtamaki Flexible Packaging Europe, part of the Huhtamaki Group, a key global provider of sustainable packaging solutions for consumers around the world, has selected the QAD DynaSys DSCP (Digital Supply Chain Planning) solution, including demand planning and production planning capabilities, to support S&OP (Sales & Operations Planning) and improve end-to-end supply chain visibility. QAD

Closure Systems International Inc. (CSI) reveals a new tethered closure design that helps keep plastics in the economy and out of the environment. “As an active member of the U.S. Plastics Pact, Sustainable Packaging Coalition, and The Association of Plastic Recyclers, we are collaborating within our industry, our communities, and with our customers, to eliminate plastic pollution and improve recovery and recycling rates,” said Richard Burt, Vice President of Business De

Flexible packaging leader ProAmpac announces the launch of R-2000D, their newest patent-pending addition to the ProActive Recyclable® series of polyethylene-based structures. Designed to be a drop-in replacement for conventional multi-material laminates, R-2000D’s unique performance characteristics allow it to run at high-speeds on form/fill/seal equipment. R-2000D is the newest member of the ProActive Sustainability family and available in standard, high barrier and ultra