Adhesives & Sealants Headlines


Bemis Company, Inc. has announced, with its Mexican joint venture partner, the completed purchase of certain flexible packaging assets of Masterpak S.A. de C.V., including a converting facility in Tultitlan, Mexico. These assets produce flexible packaging for dry foods, personal care products, pharmaceuticals, confectionery and bakery products. Recently reported annual sales related to the assets to be acquired were approximately $35 million. Bemis owns 51 percent of the acquired business. Specific terms of the acquisition were not disclosed. Commenting on the acquisition, Jeffrey Curler, president and CEO of Bemis Company, Inc., said, "This investment will provide an opportunity to expand our current film technology into the Mexican packaging market and is expected to be modestly accretive to Bemis' EPS in 2004." Curler indicated that the new flexible packaging business will focus on supplying the packaging needs of Mexican food and consumer goods markets. Bemis and its Mexican joint venture partner currently operate two other joint ventures in Mexico: Bolsas Bemis, a paper packaging facility, and MACtac Mexico, a pressure sensitive materials facility.

Did you enjoy this article? Click here to subscribe to Adhesives & Sealants Industry Magazine.

You must login or register in order to post a comment.



Image Galleries

ASI April 2014 Photo Gallery

Our April 2014 issue is now available!


ExxonMobil Tackifier Expansion

Dwight Tozer, vice president of ExxonMobil’s Adhesion Industry business, discusses the company’s latest tackifier expansion project with Editor-in-Chief Susan Sutton.

More Podcasts

Adhesives & Sealants Industry Magazine

ASI April 2015 cover

2015 April

Our April issue includes previews of the ASC Spring Convention and Expo and the European Coatings Congress and Show, as well as articles detailing end-use applications in transportation, raw materials and equipment. Check it out today!

Table Of Contents Subscribe

Paid Leave

President Obama recently announced he wants U.S. businesses and the federal government to provide paid sick leave and paid parental leave to all workers. Do you think this is a good idea?
View Results Poll Archive


Handbook of Sealant Technology

The Handbook of Sealant Technology provides an in-depth examination of sealants, reviewing their historical developments and fundamentals, adhesion theories and properties, and today’s wide range of applications.

More Products

ASI 2014 Buyers GuideASI's Buyers' Guide

Annual purchasing resource for equipment used in the manufacture/formulation of adhesives, sealants, pressure sensitives, tapes and labels and for application of finished adhesives. 


facebook_40px twitter_40  youtube_40pxlinkedin_40 google+ icon ASI 30px

Clear Seas Research

With access to over one million professionals and more than 60 industry-specific publications, Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.