Lima, Peru-based Oben Group has completed its announced acquisition of Terphane, a leading producer of high-performance polyester films with operations in Brazil and the United States. This acquisition marks a strategic milestone in Oben Group’s mission to enhance manufacturing capabilities and expand its presence in relevant global markets. With over four decades of … [Read more...] about Oben Group wraps acquisition of Terphane
Film Making & Substrates
PET resin made from waste carbon wins 2024 TEA for sustainability at PACK EXPO International
PPK Natura, reportedly the world's first PET resin made from waste carbon, has won Plastipak Packaging, Inc., a 2024 Technology Excellence Award for Sustainability at this week's PACK EXPO International 2024 in Chicago. Plastipak Packaging integrates innovation and circularity by producing PPK Natura from captured carbon emissions, using LanzaTech’s carbon-capture … [Read more...] about PET resin made from waste carbon wins 2024 TEA for sustainability at PACK EXPO International
Walki Group and Lactips partner to develop biodegradable, barrier-paper packaging using natural casein
The EU has taken the lead in addressing the growing plastic-waste problem with the Single-Use Plastics Regulation, pushing customers in the food packaging industry to find ways to replace traditional fossil-based plastics with biodegradable alternatives. The SUP regulation targets plastics products that are typically used once and then discarded such as yogurt cups, salad bowls … [Read more...] about Walki Group and Lactips partner to develop biodegradable, barrier-paper packaging using natural casein
European flex-pack substrate prices show mixed development in Q3 2024: FPE report
Prices for primary flexible-packaging materials in Europe showed a mixed development in Q3 2024, influenced by fluctuations in the availability of raw materials, logistics and international markets, says the regular report via trade group Flexible Packaging Europe. The latest price index data (based on Q4/2020 = 100%) illustrates the dynamic changes in the individual substrates … [Read more...] about European flex-pack substrate prices show mixed development in Q3 2024: FPE report
Biodegradable, compostable plastic-packaging demand to reach $4 billion worldwide by 2029: Smithers study
Worth $2.56 billion in 2024, packaging manufacturers and brand-owner users are increasing demand for a new generation of polymers that are also biodegradable or compostable. This transition is being powered by consumer preference, brand-owner’s corporate citizenship commitments, and a suite of new regulatory requirements. A dedicated new study from Smithers – The Future of … [Read more...] about Biodegradable, compostable plastic-packaging demand to reach $4 billion worldwide by 2029: Smithers study