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.
Made necessary by steady growth, the company added additional offices, a larger conference room and a break room to its HQ in Norton Shores, Mich.
The goal of the collaboration is to develop new uses for Sabic’s specialty materials.
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.
The U.S.-based material firm says it will be the first large new plant for the nylon 6,6 raw material in 35 years.
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.
Wallace succeeds retiring managing director Joe Ottenhof, who will take a seat on the company’s board of directors.
The Canadian automotive parts maker – which has manufacturing operations in all three NAFTA countries, China and throughout Europe – reduced its estimate for total sales in 2018 by 1.4 per cent from its previous outlook.
The masterbatch supplier is expanding operations at its Suzhou, China, plant with a new, state-of-the-art extrusion line for soft polymer compounding; this is the second expansion in three years for the facility.
Sears, age 78, started drying system manufacturer Dri-Air in 1985, and was a noted authority on the science of drying technology and applications and held several patents.
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.
The US$51 million expansion in Auburn Hills, expected to create 100 jobs, will be used for engineering, product development, manufacturing, and warehousing.
The drop was led by poor Fiat-Chrysler sales, which recorded their worst month since early-2014.
Franklin, Tenn.-based Resource Label Group has purchased Ingenious Packaging for an undisclosed price.
BioAmber filed for bankruptcy in early May, and has been unable to find a buyer for its assets since then.
The purchase will provide Houston-based Ascend with an engineering plastics manufacturing base in Europe and an expansion to its portfolio of proprietary compounds.
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.
But cracks are beginning to appear in certain emerging economies, a new report from Scotiabank says, and the threat of rising U.S. protectionism seems to have impacted vehicle sales in China.
