TC Transcontinental Packaging to Invest $60 Million to Accelerate the Commercialization of Recyclable Flexible Packaging

Specifications:

Name:

TC Transcontinental Packaging to Invest $60 Million to Accelerate the Commercialization of Recyclable Flexible Packaging

Location:

South Carolina

Company:

TC Transcontinental Packaging

Estimated Cost:

$60 Million

Source:

https://tctranscontinental.com/

Introduction:

TC Transcontinental Packaging, the Packaging Sector of TC Transcontinental announces an investment of $60M US (approximately $80M CAD) toward the development of cutting-edge mono-material recyclable flexible plastic packaging solutions.

Features:

In addition to a new innovative film line that will produce biaxially oriented polyethylene (BOPE), a first in North America, the investment includes ancillary equipment and a 120,000 sq. ft building expansion in TC Transcontinental Packaging’s Spartanburg, South Carolina facility.

This investment is well underway and is expected to be completed in fiscal year 2024. TC Transcontinental Packaging has selected Brückner, a global leader in the field of film production and technology with an outstanding reputation for high quality and innovation, to supply equipment for this BOPE film line.

Our investment in BOPE is a strategic decision that positions us to address sustainability shortcomings in existing offerings. This new equipment will advance the commercialization of recyclable film solutions to meet the challenging requirements of our different applications without sacrificing fill speed or performance, added Alex Hayden, Senior Vice President, R&D, Innovation, Sustainability and ESG at TC Transcontinental.