Acquisitions, Partnerships & New Equipment in the global packaging industry
A compilation of some of the movers and shakers within the global packaging industry.
March 9, 2016
by Canadian Packaging staff
- Klöckner Pentaplast introduces new innovation APET++ film. This mono PET (Polyethylene terephthalate) innovation offers improved sealing properties even with contaminated sealing surfaces, as well as sealing at lower temperatures that will offer cost reductions by reducing utility costs. By improving the sealing surface the newly developed product meets the growing demand for highly secure packaged goods with sustainable materials.
- SPGPrints has launched its new range of Nebula Sublimation inks. The addition of Nebula sublimation inks extends the realm of high quality digital textile printing with a wider color gamut, reduced manufacturing costs and high print quality.
- Shiseido Co., Ltd. has been selected and awarded the 2016 World’s Most Ethical Companies designation for the fifth consecutive year. The announcement was made on March 7, 2016 by Ethisphere Institute, a U.S.-based international think-tank dedicated to advocating best practices in business in such areas as corporate ethics and corporate social responsibility.
- Xerox Corporation has closed a US$1-billion senior unsecured term loan, to be drawn by April 1, 2016. The loan must be repaid on the earlier of 364 days or upon receipt of financing related to the separation of Xerox into two independent publicly traded companies. Xerox intends to use the proceeds from the loan to repay maturing bonds and for general corporate purposes.
- Flint Group Flexographic Products was awarded the 2016 FTA Technical Innovation Award for its nyloflex FTF Digital plate that provides printers and tradeshops an easy way to achieve flat top dots on flexo printing plates. The first commercially-available plate of its kind, the nyloflex FTF Digital plate offers flat top dots and a micro-textured surface without the need for additional processing steps or digital surface screening. This unique combination of features provides enhanced simplicity for packaging printers and increases efficiency in the pre-press and plate making process.
- Coveris S.A., has acquired Supraplast, a shrinksleeve and adhesive label technologies company based in Guayaquil, Ecuador that is an industry-recognized leader in printing technology with a broad product offering that includes shrink sleeves, self-adhesive labels, safety seals, PVC (Polyvinyl chloride) and PET shrink films. The company has a diversified portfolio of top-tier customers and serves many value-added end-use markets such as food and beverage, pharmaceutical, personal care and agriculture. The deal allows Coveris market penetration in to South America.
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