The global smart packaging market is expected to grow at 5.4% CAGR, hitting about US$52B by 2025. Market drivers include growing market for sustainable printed electronics, the Internet of Things and cloud computing, and rising food safety concerns.
In the run up to the 2017 World Economic Forum in Davos, Switzerland, NatureWorks became a three-year partner of the Ellen MacArthur Foundation’s initiative – a comprehensive strategy for creating a global plastics system based on circular economy principles. NatureWorks has worked with the foundation on the initiative since 2015.
Constantia Flexibles, a leading manufacturer of flexible packaging products and labels for the food, pet food, pharmaceuticals and beverage industries, has hired Dr. Ibon Odriozola as head of innovation, laminates for the company’s pharma division.
Converters will now have access to a new coated recycled board (CRB) that has been engineered as a cost-effective, 100% recycled alternative to solid bleached sulphate (SBS), without sacrificing appearance or performance.