ePac Announces Its Newest Location: Montreal, Canada

Sonoco announced it has completed the acquisition of Clear Lam Packaging, Inc., a family-held developer and manufacturer of flexible and forming plastic packaging films, for approximately $170 million in cash. Founded in 1969, the Elk Grove Village, Ill.-based company is projecting 2017 sales of approximately $140 million and operates state-of-the-art manufacturing facilities in Elk Grove Village and Nanjing, China, with nearly 400 total employees. Clear Lam is a technology leader in the development, production and conversion of high barrier flexible and forming films used to package a variety of products for consumer packaged goods companies and retailers, with a focus on structures used for perishable foods. Clear Lam President and CEO James Sanfilipo and other key members of its management team are expected to remain with the company. Clear Lam’s financial results will be added to Sonoco’s Consumer Packaging segment. Click Read More below for additional details.

Smurfit Kappa Group plc announces that it has decided to exit the Russian market. The Group has already suspended support for its Russian operations including any imports and exports and any short or long term funding. This exit will be effected in an orderly manner, during which we will continue to pay our employees and fulfil our legal obligations. Our Russian business represents less than 1% of forecasted sales Smurfit Kappa stands in solidarity with the people of Ukraine and everyone impacted by the totally unjustified attack on Ukraine and its people. The Group is providing, and will continue to provide, substantial humanitarian support for the Ukrainian people. We are also assisting the families of SKG employees and contractors from Ukraine as well as providing products and services to support the relief effort together with financial assistance to a number of aid agencies. We have also partnered with the Red Cross to provide funding to support their vital work.

UPM Raflatac is introducing its Synlite Xtra outdoor-resistant film face material to the European market. This material is suitable for industrial chemical labeling applications that require a high level of resistance to challenging outdoor conditions. Synlite Xtra is a lightweight and production-efficient PP-based matt film that offers good UV resistance. The film is paired with UPM Raflatac's high-tack RC77 adhesive, which also offers good UV resistance as well as good adhesion on polar and non-polar surfaces. RC77 performs well in even the most demanding outdoor environments, ensuring that labels displaying critical information about container contents and any safety requirements remain firmly in place for the life of the container. Click Read More below for additional information.