Headquartered in Rhinelander, Wis., ABX makes high barrier forming web films primarily for the North American protein, cheese, and specialty food end markets.
According to estimates, New Zealand currently uses over 750 million single-use plastic bags per year, which is equivalent to about 150 per person.
As of August 3, large businesses have six months to phase out the use of plastic bags, while smaller ones will be given two years to adopt the new rules.
Rising demand across several vertical industries, such as packaging and food and beverages, is expected to drive growth, the new report from BCC Research says.
As part of pledge to use only recycled plastic nationwide by 2025, France plans to introduce a penalty system next year that would increase the costs of consumer goods with packaging made of non-recycled plastic.
This is Graham Partners’ third purchase of a thermoformed packager within the past year.
The deal gives Melbourne, Australia-based Amcor new products, particularly the food-packing film for which Bemis is known, as well as deeper access to the Americas.
Franklin, Tenn.-based Resource Label Group has purchased Ingenious Packaging for an undisclosed price.
Germany-based Kiefel will group all its packaging activities into one unit, called the Kiefel Packaging Division, in order to increase its focus on the rigid plastic packaging market.
Auburn, Ala.-based CSP makes protective packaging such as blister packaging, vials, films, bottles, and closures, and has manufacturing sites in Alabama, Georgia, and in Neiderbronn, France.
Headquartered in Troy, Alabama, Cox specializes in extrusion blow molding of HDPE containers for food, beverage, dairy, and industrial applications.
In its sixth acquisition in four years, Canadian packaging product supplier Intertape Polymer Group is buying protective packaging maker Polyair Inter Pack Inc., which has corporate headquarters in Montreal and Sarasota, Fla., for US$146 million.
First announced last month, the deal includes five manufacturing facilities.
Deltapac Packaging manufactures plastic bottles for the specialty chemical, cosmetic, food, and pharmaceutical industries.
Going forward, these product lines will become part of Tri-Seal, a Tekni-Plex business.
Fremont, Calif.-based FP International provides a wide range of protective packaging solutions, including its Mini Pak’R, Pro Pak’R, and Power Pak’R protective packaging products.
The fast food giant announced on June 15 that it will replace plastic straws in all of its restaurants throughout the United Kingdom and Ireland – totalling about 1,300 locations – by 2019.
In the latest ban involving plastic straws, Swedish home furniture supplier Ikea has pledged to remove all plastic bags, straws and other single-use plastics products its stores globally, and from customer and employee restaurants in stores by 2020.
The Texas plant will be expanded by 52,000 square feet, while Pretium is also nearing completion of a 54,000-square-foot expansion for its Aurora, Illinois plant to provide additional manufacturing and warehousing space.
The study, conducted by the CPIA, found that the increase was the result of more plastic packaging collected, specifically PET bottles, PE clear film, and PE agricultural film.