This week, our Paper & Packaging Industry News feature M&A, divestments and investments.
Acucote expands pressure-sensitive portfolio for durable labeling on pigmen and Laser print system
Acucote started offering four additional film products which are certified by BS5609 Section 2 (label performance). Melissa Harton, product manager, digital media, comments, “Over the past years, we’ve seen a gradual shift from strictly laser to pigment-based print systems for outdoor and drum labeling. We’re pleased to expand our portfolio to meet the needs of this fast-growing sector by offering products compatible with pigment inkjet, laser and thermal transfer. ”
Avery Dennison officially opened its first slitting and distribution center in East India.
Earlier this month, Avery Dennison opened its new slitting and distribution center in East India, which is also the company’s fourth distribution center in the country. This new center now takes the responsibility of distrubuting rolls, sheet materials, and reflective products into the easteren part of the country and neighboring countries. According to Anil Sharma, vice president and general manager, South Asia Pacific and Sub Saharan Africa, “The opening of new slitting and distribution center reflects more confidence in the growth of the market in India.”
Westrock extends capabilities for the Beauty & Personal Care, Nutraceutical and Media Industries
With the acquisition of UBS Printing Group WestRock expands its capacity for the beauty & personal care, nutraceutical and media industrie. “With the addition of this business, we will be better able to serve our customers on the West Coast and further increase our offering of high-end, high-impact decorative products,said Marc Shore, president of WestRock’s Multi Packaging Solutions business.
RRD installs second ETI linerless line
R.R. Donnelley & Sons Company has installed a 26in linerless line from ETI Converting Equipment to expand its linerless label production capacity. ‘This equipment will enable RRD to respond to the increasing demand for linerless labels at a very competitive price,’ said a spokesperson for ETI Converting in a statement.
Milacron divests Uniloy Blow Molding business
Milacron has entered into a definitive agreement with Osgood Capital Group and Cyprium Investment Partners to sell its Uniloy Blow Molding business.The transaction is subject to customary closing conditions and is expected to close within the next three months.