Despite being surrounded in controversy, the U.S. cannabis industry is experiencing rapid growth. Experts estimate legal cannabis will grow from $7.3 billion to $24.5 billion between 2016 and 2020. Currently, 65 percent of cannabis sales stem from medical marijuana.
Pretium Packaging has acquired Cox Container LLC, which specializes in extrusion blow molding of high-density polyethylene (HDPE) containers for food, beverage, dairy and industrial applications.
Schreiner MediPharm has developed a special marking label that encloses a pharmaceutical tube like a pocket. The label design offers transparency and space for information.
Three industry trends are providing incentives for innovation, and creating new opportunities and threats for players in the global protective transit packaging business.
Be Green Packaging uses a proprietary blend of renewable, natural fibers to produce custom packaging solutions, such as trays and inserts, for applications including personal care, cosmetics, specialty foods, wine/spirits and more.
The Kraft Heinz Company announced the expansion of its environmental strategy to include achieving greater packaging sustainability and setting goals to reduce greenhouse gas emissions.
Green tech company rPlanet Earth will make about 75 million pounds per year of two product types from 100 percent recycled polyethylene terephthalate (PET): forms for beverage containers and food packaging.
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