UPM Raflatac is introducing a new UL-approved, durable label solution for electrical and electronic goods, their components and housing. PET Matt White TC 50 RX15 has been tested to withstand temperatures up to 200 °C and bonds strongly to galvanized and stainless steels. At the same time, PET White TC 50 RC18 has been retested by UL under more rigorous conditions to take its temperature rating from 180 °C to 200 °C. This combination is suitable for aluminium and galvanized and stainless steel, as well as plastics such as PP and PE. For label printers supplying durable solutions into electrical and electronics end-uses, UL-certified labels are essential. Both products have been tested according to the UL 969 standard for printing materials as a component of marking and labelling systems.
DS Smith is pleased to announce it has reached an agreement for the proposed sale of two packaging businesses in North Western France and Portugal to International Paper (NYSE: IP) for €63 million (c. £54 million).
The sales would fulfil the commitment made to the European Commission in relation to the clearance of DS Smith’s acquisition of Papeles y Cartones de Europa, S.A., known as Europac, which completed on 22 January 2019.
Completion of the sales is subject to customary closing conditions including works council consultation and regulatory approvals and expected to take place in the first half of our FY 19/20.
Miles Roberts, Group Chief Executive, said “I am delighted that we are on track to meet our commitment to the European Commission with both an attractive price and a good home for the businesses in International Paper.”