Loparex completed the integration of specialty film producer Infiana Group into its organization. Lopar- ex produces liner materials through global segments served by a global production network with manufac- turing sites in the United States,Germany,Holland,Chi- na, and India. The U.S. Plastics Pact , a collaborative led by The Recycling Partnership and World Wildlife Fund , launched as part of the Ellen MacArthur Foundation’s global Plastics Pact network.The U.S. Plastics Pact is an initiative to unify diverse public-private stakeholders across the plastics value chain to rethink the way plas- tics are designed, used, and reused, to create a path to- ward a circular economy for plastic in the United States. German label converter SC Etiketten was acquired by the Optimum Group , which consists of 13 mem- ber companies based in the Netherlands,Belgium,Ger- many and Denmark. Esko made a multi-million dollar donation to sup- port college and university students in their packaging engineering and technology studies. The global value of flexographic printing will rise from $167.7 billion in 2020 to $181.1 billion in 2025, with a compound annual growth rate (CAGR) of 1.6 percent at constant prices, according to a report from Smithers .
2020 In Review (Cont’d from Page 5)
BestBrightHalfHOUSEfour.qxp_Layout 1 9/13/18 3:04 PM Page 1 Central National Gottesman Inc. , which owns sales and distribution businesses in the global pulp, paper, tissue, packaging, wood products and metals industries, acquired Northern California-based Ameri- can Packaging .American Packaging, founded in 1976 has a broad portfolio focused on high-growth markets such as medical devices, food processing, pharmaceu- tical and technology products. I.D. Images LLC , a pressure sensitive label convert- er with headquarters in Brunswick,Ohio, acquired Ki- eran Label Corporation in San Diego, California. Domino acquired Lake Image Systems , a produc- er of automated, vision-based inspection systems for quality control and data verification. Siegwerk became a strategic partner of Project STOP, a frontline initiative, co-founded by Borealis and SYSTEMIQ, that designs, implements and scales circu- lar economy solutions to marine plastic pollution in Southeast Asia. The global market for Green Packaging estimated at $174.7 billion in the year 2020,was projected to reach a revised size of $239.1 billion by 2027, growing at a Compound Annual Growth Rate of 4.6 percent over the analysis period 2020-2027, according to a report from Reportlinker.com .
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