The Klöckner Pentaplast Group announces that it has signed a binding agreement to acquire LINPAC Senior Holdings Limited and its direct and indirect subsidiaries, a film producer and converter for food packaging in Europe.
The recycling of plastic wraps, bags and other film packaging grew 34 million pounds, or 3%, in 2015 to reach a minimum of nearly 1.2 billion pounds for the year. This marks the eleventh consecutive year of increases and the highest annual collection of plastic film since the survey began.
Toray Plastics (America) Inc. announces that Christopher Roy (pictured left) has been promoted to the position of senior vice president and general manager of the Torayfan® Division. The company also announces that John Eustis (pictured right) has been named vice president of engineering and procurement.
On May 20, 2016, the FDA announced that the industry will be required to implement a new Nutrition Facts Panel for packaged foods to reflect new scientific information, including the links between diet and chronic diseases such as obesity and heart disease.
Tetra Pak has acquired Johnson Industries International, a company specializing in the design, development and manufacture of equipment and lines to produce mozzarella cheese. The company also manufactures a range of cheese cutting, shredding and brining equipment.
Label Insight's 2017 Shopper Trends Study reveals that 67% of consumers say it is challenging to determine whether a food product meets their needs simply by looking at the package label, and nearly half of consumers (48%) consider themselves "not informed at all" about a food product even after reading the label.