The Flexible Packaging Association (FPA) has announced the winners of its 61st Annual Flexible Packaging Achievement Awards Competition. The winning entries were recognized at the FPA Welcome Dinner & Flexible Packaging Achievement Awards Ceremony held March 1st in conjunction with the 2017 FPA Annual Meeting in Boca Raton, FL.
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.
The recent staging of upakovka, 25th International Trade Fair for Processing & Packaging, and interplastica, 20th International Trade Fair Plastics and Rubber in Moscow reflects the improving Russian packaging market.