PPC Flexible Packing LLC, a leading provider of custom flexible packaging, today announced the acquisition of North Salt Lake, UT – based Target Labels and Packaging, LLC. Target is the seventh acquisition of specialty and differentiated flexible packaging firms by PPC in the past four years. All businesses have been successfully integrated into the PPC Flexible Packaging “One PPC” enterprise and are executing aggressive growth strategies. PPC, headquarted in Buffalo Grove, IL, is a leader in flexographic printing and converting of flexible films, bags and pouches. It is a recognized pioneer in cleanroom packaging for healthcare and medical applications, snack and organic brands, specialty produce, pet, nutraceutical, bakery and horticulture. The firm operates nine manufacturing facilities in Buffalo Grove, IL, Mission, KS, Rome, GA, Payson, UT, Pewaukee WI, Colombia, South America, McKinney, TX, Alliance, OH and North Salt Lake, UT. Its facilities are AIB, SQF and ISO-9001 certified. Founded in 1968, PPC strives to provide the highest quality products with best-in-class lead times to service emerging and established brands.
First Quarter Financial Results Highlights *Earnings before interest, taxes, depreciation and amortization ("EBITDA") from ongoing operations for Aluminum Extrusions of $13.3 million was $1.6 million higher than the first quarter of 2020 *EBITDA from ongoing operations for PE Films of $7.2 million was $5.2 million lower than the first quarter of 2020 *EBITDA from ongoing operations for Flexible Packaging Films of $9.6 million was $3.1 million higher than the first quarter of 2020
DS Smith, the FTSE 100 sustainable packaging company, today announced a £100m R&D and innovation package to accelerate its work in the Circular Economy. The new investment over five years includes the creation of a new breakthrough technologies hub in the UK, new materials development to replace plastics and a pilot to gauge G-force shock in home delivery packaging. The increased investment underpins the sustainable packaging company’s new Circular Economy led Sustainability strategy which pledges to offer all customers 100% recyclable packaging within two years and replace a billion pieces of supermarket and e-commerce plastic by 2025.
Metsä Board has designed a light but strong, easily recyclable packaging for the new Chopin Organic Rye Vodka range at its Excellence Centre in Äänekoski, Finland. For Podlaska Wytwórnia Wódek “Polmos” S.A., the family-owned distillery that produces the Chopin Vodka brand, it was important that the packaging conveyed the brand ethos, as Joanna Dolińczyk, Marketing Coordinator, Chopin Vodka brand explains: “When we were looking for inspiration for the packaging design of our organic product, we wanted the packaging to reflect its organic production process. We had an extremely enthusiastic vision to create a truly organic and highly ecological packaging with three main goals: purity, whiteness and simplicity.” The packaging is manufactured using a protective F-flute, with all layers made of lightweight MetsäBoard Natural WKL Bright white kraftliner. The all-white litho-laminated packaging has a light and robust structure based on locking flaps that require no glue.
Waddington™ North America announced that it is introducing new options for Cutlerease®, an innovative dispenser that offers customers one disposable utensil at a time. Recognizing the need for an even more compact footprint, Cutlerease is now offered with single-, double- or triple-tower bases to hold forks, knives or spoons. This allows customers to choose dispensers holding one, two or three utensil types depending on their need. The tower base also can now be customized with logos, branding or advertising. A patented dispensing system, Cutlerease reduces the spread of germs, curtails waste, saves space and makes it simple for customers to get their utensils.
Aptar Food + Beverage has developed a technical collaboration with Claranor, world leader in Pulsed Light packaging sterilization. This synergy highlights the benefits of the FULLCAP® sterilization solution with the Uno sport cap family in polypropylene (PP) material, specifically adapted for use with functional beverages. Functional beverages containing vitamins and minerals, boosting energy and helping recovery, capped with the most advanced sport closures, require a specific sterilization process that Claranor provides. Claranor’s FULLCAP® Pulsed Light sterilization solution goes through the closure, allowing sterilization under the cap. Claranor equipment is compact, (600mm high), it provides an instant treatment and can be used on speed lines up to 60,000 bph with no chemical nor residue.
Intertape Polymer Group Inc. announced the launch of the Curby Mini-Taper, a sleek and durable manual water-activated tape (WAT) dispenser designed to fill a market gap for the small or new e-commerce retailer who needs all the benefits of WAT to ship packages globally. The company has committed to offering customers sustainable packaging products that can be recycled curbside. “The Curby Mini-Taper is a revolutionary new product which will allow small e-commerce businesses to package like the pros,” stated James Apap Bologna, VP of Marketing. “This product launch represents a continued execution of IPG’s long term strategic plan in support of the e-commerce business.” “It is easy to load and operate, portable, and has a small footprint. This is perfect for fitting on small workstations or desktops,” explained Joy Scott, Systems Product Manager.
Hood Container has been participating in the Shop! Global Awards for the past 20 years. The 2021 Shop! Global Awards recognize excellence in point-of-purchase advertising display, marketing-at-retail activations, and retail design. This competition welcomes Gold winning displays from individual Shop! affiliates’ own industry awards from around the world to celebrate international best in class. This year Hood Container is proud to have won two Silver and one Bronze OMA Awards. Congratulations to all of our team members in Burbank, Chicago & Cincinnati that worked hard to create these award-winning displays. Entertainment – Bronze - SCOOB! Walmart Mini WOW Merchandiser; Snack Products – Silver - 2020 NCAA Basketball Display; Specialty Retailers and Services – Silver - Fancy Feast Advent Calendar & Gift Display
Highlights - Nine Months Ended March 31, 2021 •GAAP Net Income of $684 million, up 58%; GAAP earnings per share (EPS) of 43.8 cents per share, up 63%; •$55 million Bemis cost synergies year to date; expect approximately $70 million in FY21 and well positioned todeliver at least $180 million by end of fiscal 2022; •Quarterly dividend higher than this quarter last year at 11.75 cents per share; •Approximately 2% of outstanding shares repurchased year to date;
Mondi has partnered with SILBO, a Polish leading producer of compostable packaging, to create a paper-based high-strength packaging for the Irish farm potato business Meade Farm Group. The innovative bags replace hard-to-recycle plastic with paper, a renewable resource enhanced with a bio-based coating and are certified as compostable2. Working closely for two years, SILBO, Meade and Mondi developed the FSC®-certified bag using speciality kraft paper to ensure strength in handling while providing barrier properties to keep the produce fresh. The bag has multiple sustainability features: a corn starch-based netting for a small cut-out window, water-based ink and Mondi’s biodegradable Sustainex® coating, which provides heat sealing and moisture barrier protection. The packaging has been launched across Ireland, Poland, France and Germany, winning the silver Fruit Logistica Innovation Award. The new solution helps Meade to achieve its sustaina-bility goals: using packaging that is reusable, recyclable, renewable or compostable wherever possible.