Destocking, and lower volume orders have kept flexible packaging demand static in 2009, but growth is expected to return, as packaged food takes off in India and China, according to a new report.
The $16m costs of acquiring Alcan Packaging Food Americas and strong performance in its flexible packaging sector underpinned Bemis Company’s 2009 third quarter results.
The new FlexiBowl stand-up pouch delivers improved versatility and user convenience, claims its manufacturer, flexible packaging specialist, Ampac Flexibles.
The flexible packaging sector is under threat from spiralling polymer price hikes with supply chain optimisation required to lessen the impact of future increases, claims Flexible Packaging Europe (FPE).
A new study by the Freedonia Group has calculated that US demand
for frozen food packaging is estimated to increase through 2011,
driven largely by greater demand for convenience foods.
Romanian plastics firm Prodplast has begun searching for a partner
it hopes will help it to step up production of polyethylene in the
country's blossoming market for flexible food packaging.
DSM Engineering Plastics is set to expand capacity at its polyamide
plant in the Netherlands. The move underlines the growing
importance of the material, which is used in flexible food
packaging.
Plastic films used in barrier flexible packaging have made
substantial gains against metals, paper, and glass, according to a
recent study by the Kline group. Over the last five years, industry
growth has prevailed in spite of constant...
Suominen, the Finland-based provider of flexible packaging, has
announced a drop in both its sales and its profits for the first
six months of this year, although sales of food packaging have
remained bouyant.
Austrian company Frantschach, a market leader in northern Europe in
flexible packaging for deep-frozen foods, bread and poultry
products - has acquired a majority stake in Danish packaging
company Neoplex.
Suominen Corporation is to expand the Poland plant operated byits
Flexible Packaging business area. The investment, which amounts to
€7 million, will double the plant's present capacity.
The flexible packaging industry is paying close attention to
consumer packaging needs and responding with exceptional packaging
solutions, as evidenced by the winners of the 2003 Flexible
Packaging Achievement Awards competition.
The European Commission has cleared the takeover of FlexPac, the
flexible packaging division of Hydro Aluminium, by Alcan of Canada.
Although the acquisition will increase Alcan's share of the
European market for flexible packaging,...
Hydro Aluminium of Norway has said that by the end of the year it
expects to sell the flexible packaging operations it acquired in
Germany during the take over of VAW Aluminium in January.
The EU competition authorities have approved the formation of a
joint venture within the flexible packaging industry in Northern
Europe between Danapak, Denmark and Teich Aktiengesellschaft,
Austria.
The European Commission has cleared a flexible packaging joint
venture between Danapac, a Danish manufacturer of packaging
products for the food industry, and Teich of Austria which also
makes flexible packaging products.
A recent report from Primedia suggests that the future
consolidation of flexible packaging companies serving the food and
beverage industry is set to re-shape the segment.
