New Mill Capital and Tiger Capital Group will conduct a live webcast auction on May 4 for four flexible packaging printing lines, converting equipment and other assets of a major flexible packaging, printing and tamper-evident label manufacturing facility in Fredericksburg, Virginia.
The Dow Chemical Company has signed on as a funding sponsor of The Recycling Partnership. Company officials say the collaboration is an important step in Dow’s journey to reach its 2025 Sustainability Goals, which include turning materials formerly considered waste into new products.
A new tear-resistant, woven polypropylene bag with a stable, square base is now available from the Consumer Goods Packaging Division of Mondi in North America.
The Industrial Bags business of Mondi in North America is in the midst of completing an investment at its North American plants that will improve product quality and speed shipments to customers throughout the continent.
Novolex has announced it has agreed to acquire Heritage Bag Company (HBC), a premier manufacturer of plastic can liners and other packaging products based in Dallas, Texas. The transaction is expected to close in the second quarter.
Wine specialist, South Wine Company, is expanding its range of packaging and is now making its “Odyssey”-brand quality wines available on the Russian market in aseptic carton packs.
Innovia Group has entered an agreement to sell its cellophane business and assets to Nagoya, Japan-based Futamura Chemicals Co.,Ltd, a manufacturer of plastic and cellulose films. The deal is expected to complete on or before June 30, 2016.
Oracle Packaging, a leading innovator in packaging solutions in the flexible packaging market, has added a Davis-Standard extrusion line as part of a capital investment at its Winston-Salem, North Carolina facility.