Under the terms of the agreement, Soteria will acquire all issued and outstanding common shares of Imaflex for CAD $2.35 per share in cash, representing total equity value of approximately CAD $123 million. Upon completion of the transaction, Imaflex will become a privately held company.
Contributing to a circular economy, the FlexiBag Reinforced range is recyclable where collection facilities and recycling systems for PE films are in place.
“How Omni™Xtra+ Can Drive More Recycling of Cling Films” details the challenges that users of PVC cling films now face owing to its inability to be widely recycled.
kp has highlighted its new recyclable Flexible range, which comprises kp FlexiLid® EH 145 R, kp FlexiFlow® EH 145 R and kp FlexiVac® R, as an example of how flexible packaging can be created with recyclability at the forefront of design - a significant step-change for the protein industry.
Located in Dhaka, Bangladesh, the new facility spans across 85,000 square feet and is set to revolutionize sustainable packaging solutions for both regional and international retail brands.
This cutting-edge development is designed to cater to a wide variety of products, a strong example of the firm’s commitment to innovation and to finding solutions to meet consumers changing needs across diverse sectors.
The supply agreement would enable Amcor to purchase SYNDIGO™ rPE resin, manufactured at NOVA Chemicals’ first mechanical recycling facility in Connersville, Indiana, which is projected to be in operation as early as 2025.
.webp?height=168&t=1720551527&width=275 "Untitled Design (3).png")
