Packaging
The companies featured on PressReleaseFinder are active in several industries.
14 Jun 2021
Clariant completes its divestment program by reaching agreement to divest its Pigments business
Clariant, a focused, sustainable and innovative specialty chemical company, today announced that it has reached definitive agreements for the divestment of its Pigments business to a consortium of Heubach Group (“Heubach”) and SK Capital Partners (“SK Capital”) at an Enterprise Value (EV) of CHF 805 million to CHF 855 million on a cash and debt free basis, depending on an earn-out payment of CHF 50 million contingent on the 2021 financial performance of Clariant’s Pigments business. This represents a multiple of 10.7 to 11.4 times the stand-alone adjusted 12-month EBITDA per April 2021 (LTM).
11 Jun 2021
Mondi’s paper-based EcoWicketBag wins gold in 2021 EUROSAC Grand Prix
Mondi, a global leader in packaging and paper, has once again won the prestigious EUROSAC Grand Prix Sack of the Year award, this year for its revolutionary EcoWicketBag.
Leading global packaging and paper group Mondi, along with cheese packaging company Hazeleger Kaas and brand owner Westland Kaas, worked together to package the well-known Dutch Maaslander brand in EnvelopeForm, a new fully recyclable polypropylene (PP) mono-material packaging solution. Most sliced cheese in the Netherlands is still packaged in mixed material film, which is difficult to recycle. This new packaging has a PP thermoforming top and bottom web, and a PP label instead of a paper label, so that the new solution can be recycled in its entirety. The solution has been certified as recyclable by the German institute cyclos-HTP.
Avery Dennison’s Label and Packaging Materials (LPM) division in EMENA region is making two new key appointments effective June 1, 2021.
SABIC, a global leader in the chemical industry, today announced that Delica AG will be introducing a new range of more sustainable coffee capsules based on SABIC’s certified renewable polymers for use in its proprietary Delizio capsule machines. Delica will be using certified renewable polypropylene (PP) resins in the coffee capsules. The bio-feedstock based “second generation” materials are part of SABIC’s TRUCIRCLE™ portfolio of circular products and services. The new capsules were introduced in the market in April 2021 and replace fossil-based virgin PP.
Airnov Healthcare Packaging, a global leader in controlled atmosphere packaging, is unveiling a new product for the pharmaceutical and diagnostics industries at the API China tradeshow in the form of Rimless Moisture Absorbing Packets.