Page 3 - Packaging

Oriental Containers expands plastic closure capacity in Maharashtra

The company invested Rs 35 cr in Murbad facility to raise production by 1.2 bn closures per annum

Uflex develops special polyester film for pharma packaging

With this film, firms can eliminate use of BOPA & PVC in Alu-Alu laminate used in pharma packaging

Japan's Toppan picks up 49% stake in Max Speciality Films for Rs 200 cr

The new partnership with Toppan Printing will help strengthen MaxVIL's speciality films business

Avery Dennison acquire China's Yongle Tape for $ 190 mn

This will expand Avery Dennison's capabilities in industrial materials and healthcare segments

Cosmo Films increases BOPP films production capacity by 40%

With its new BOPP films line at Karjan, it aims to tap both domestic as well as exports markets

Cipla arm Goldencross Pharma sells Four M Propack to Shriji Polymers

This will enable Shriji Polymers to consolidate its position in the pharma plastic packaging segment

Unilever aims for 100% recyclable plastic packaging by 2025

It has committed to ensure all of its plastic packaging is designed to be recyclable or compostable

Uflex develops tortilla chips' packaging for US-based Whole Foods Market

The company is eyeing to tap tortilla & other snacks market in USA with the new packaging solution

CCL Industries buys BOPP films maker Innovia for $ 845 mn

Acquisition will propel CCL into a leadership position in the polymer banknote market, while further consolidating its presence in BOPP films technology for label, packaging and security

Packaging industry set to hit $35 bn mark by 2020: Official

The packaging industry, now pegged at $25 billion, is growing at a rate of 15 per cent per annum

Wind Point acquires Paragon Films

Paragon is the manufacturer of high performance cast stretch films that are principally used to unitise loads while in storage and transit

Avery Dennison buys Hanita Coatings for $ 75 mn

Hanita Coatings develops and manufactures coated, laminated, and metallised polyester films for a range of industrial and commercial applications

TCPL Packaging starts new offset printing line at Silvassa

The new machine has an annual capacity to convert 9000 T of paperboard

Uflex launches direct UV offset printable polyester film

This speciality polyester film is suitable for direct UV offset printing without requiring any primer or treatment

Clariant to tap Indian pharma sector with packaging and anti-counterfeit solutions

The company, which is setting up a healthcare packaging production facility in Cuddalore, has launched technology to combat counterfeiting in medical devices and packaging

Manjushree Technopack expands pan-India by acquiring Varahi

With the acquisition of Varahi's rigid packaging business, the company has established a presence across India with eight manufacturing units in South, North and East

Intertape Polymer to invest $ 20 mn in India to expand packaging tapes capacity

The US-based company will expand the capacity of Daman facility of Powerband (in which it acquired 74% stake in September 2016) and construct a greenfield facility in the country

Consumerism push triggers 15% annual growth of packaging sector

With consumerism catching up fast in the country, the packaging industry has seen a 15% annual growth over the last five years

Manjushree Technopack plans diversification to tap growing packaging market

With foray into shrink film packaging and plans to increase its presence pan India, the company aims to emerge as preferred packaging solution provider to various industries

Essel Propack's new tube making technology in US to raise productivity

While the currently equipped machines have capacity of 60 to 250 tubes per minute, the new SHOT line - installed at Danville (USA) facility - will produce 500 tubes per minute