The global consumption of polyethylene terephthalate (PET) packaging will grow to almost 19.1 million tons by 2017, according to a new market study from Pira International.
In this fiercely competitive environment, it is important to stay ahead of the curve on external uncertainties that could shape the future market landscape.
Universal Converting Equipment recently announced it has purchased an additional 4,000 sq ft of manufacturing space adjoining its existing Ipswich, Suffolk, UK-based facility.
H.B. Fuller Co. recently announced it has signed a memorandum of understanding to enter into cross-distribution agreements with Plexbond Quimica S/A in Brazil for flexible packaging products in several countries.
Nordson Corp. has completed the acquisition of Temse, Belgium-based Constructiewerkhuizen G. Verbruggen NV, a leading manufacturer of flat dies and coextrusion equipment for the multi-layer flexible packaging industry. At the