Packaging solutions company Amcor has purchased a “world-class” flexible packaging plant in the Czech Republic.
Amcor says the location of the facility increases its ability to meet strong demand for its flexible packaging and enables further customer growth in Central Europe.
Michael Zacka, president of Amcor Flexibles EMEA, said: “With this acquisition, we are investing to accelerate the organic growth momentum of our flexibles business in Europe in attractive segments. The scalable nature of the acquired site and its attractive location further bolsters our ability to service strong customer demand and generate strong returns for Amcor shareholders.”
The site is a greenfield development, commissioned by DG Pack in 2019. It features specialised equipment for applications such as coffee and pet food.
By Sian Yates
Eastman Chemical Co. (Kingsport, Tenn.) announced it has acquired Ai-Red Technology (Dalian) Co., Ltd., a manufacturer and supplier of paint protection and window film for auto and architectural markets in the Asia Pacific region.
BASF and Israeli packager StePac have joined forces to create the “next generation” of fresh produce packaging. BASF will provide StePac with greater flexibility to advance contact-sensitive packaging formats to a higher sustainability standard by supplying StePac with Ultramid Ccycled – a chemically recycled polyamide 6.
TotalEnergies’ biorefinery in La Mède, France, allows direct access to renewable feedstock for its drop-in RE:newable polymer range derived from bio-based products. The company claims these polymers retain virgin-like properties.