N.V. Business Publishers Corporation (with offices in New Jersey and Illinois) is truly the only trade journal specialist that serves the worldwide corrugated and folding carton industries with separate publications. The company is fully integrated with publishing, design, reproduction and origination. N.V. produces a selection of magazines (weekly, bi-weekly, monthly and bi-monthly) exclusively covering every aspect of the Corrugated, Folding Carton, Flexographic Printing, and Recycling industries. An added extension for our worldwide publications is our affiliate in England, Brunton Publications, Ltd.
Zero Waste Packaging Surges by Greg Kishbaugh The global zero waste packaging market size is expected to reach $502.6 billion by 2030, expanding at a Compound Annual Growth Rate of 9.6 percent from 2023 to 2030, according to a new report by Grand View Research, Inc. Rising Awareness The increasing awareness about sustainable packaging products across industries, developing infra- structure for waste management, and sensible disposal practices across developed and some de- veloping countries are driving the market. • The paper and cardboard ma- terial segment held a dominant revenue share of more than 75 percent in 2022. The developed in- frastructure for closing the loop of old corrugated containers (OCC) in the manufacturing industry, where it has the highest recycling rate of around 90 percent across the globe, is supporting the segment growth. • The reusable/recyclable pack- aging type segment accounted for the largest revenue share of more than 95 percent in 2022 and is pro- jected to maintain its dominating position throughout the forecast Digital Edition Exclusive:
Digital Edition Exclusive:
Over-Packaging Frustrates Shoppers by Greg Kishbaugh O nline shoppers are frustrated with a glut of packages ar- riving too big for the products being shipped, too flimsy, covered with too much tape or not being waterproof or re- cyclable, according to a new survey conducted by DS Smith.
Consumers in the survey (81 percent) overwhelmingly said sustainability of packaging matters to them, so much so that about 40 percent would pay more for that. A third said they would pay up to 24 percent more, and nearly another third would pay at least 25 percent or more. DS Smith said the results underscore its efforts to provide environmentally friendly products that replace problem plastics, remove car- bon from supply chains and provide recycling solutions.
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January 2, 2023
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Over-Packaging (Cont’d from Page 1)
so it can be reused or recycled. Oversized boxes containing excess packing mate- rial take up more space during transit, so the po- tential ripple effect is unnecessary delivery trips, which can have an impact on the amount of carbon emissions being produced.
The poll also showed widespread support among consumers to recycle. More than 40 percent said their recycling has increased since the onset of the COVID pandemic in March 2020, and nearly 70 per- cent said they recycle cardboard packaging from online deliveries always or most of the time. That embrace of recycling matches the spike in e-commerce, with two thirds saying their frequency of buying online has increased, and more than half saying they expect that to continue to grow. Still, consumers expressed frustrations. Citing boxes with too much extra space, 38 percent said about half of their deliveries were filled with air and 39 percent said it was a quarter of air. Among other problems with their packages: • Too big for the products being shipped, 41 percent • Uses too much filler, 29 percent • Not waterproof, 27 percent • Is flimsy and easily damaged, 25 percent • Uses too much plastic tape, 24 percent
“Online shopping remains popular so the onus is on business to design out waste and make sure ma- terials can stay in use for as long as possible,” said DS Smith’s Melanie Galloway, Vice President Sales Marketing and Innovation. “The idea of oversized boxes, containing excess packing material, that in turn overly fill delivery trucks, is not something any of us should perpetuate - consumers don’t want it, businesses can’t afford it, and ultimately the planet won’t thank us for it.”
• Difficult to open, 21 percent • Not recyclable, 12 percent
In a signal of their push for sustainable products, two thirds of consumers (64 percent) surveyed said they would be more likely to purchase products either packaged in or using paper and cardboard
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Flexo Market News January 2, 2023 3
Zero Waste Packaging (Cont’d from Page 1)
period. The reusable and recyclable packaging products are usually manufactured from paper and paperboard, glass, and metal. • The edible packaging type segment is expected to expand at the highest CAGR of 18.9 percent over the forecast period owing to its sustainability and eco-friendliness. Increasing awareness about this newly developed packaging solution across devel- oping economies is further driving the market. • Based on the distribution channel, the offline segment accounted for the maximum revenue share of more than 50 percent in 2022 and is projected to maintain its dominance throughout the forecast period. The high penetration of the offline system in the end-use market is a major factor supporting its dominance in the global market. • The e-commerce application segment is expect- ed to expand at the highest CAGR of 10.3 percent in terms of revenue over the forecast period. The continuously expanding customer base for online purchasing, especially post the coronavirus pan- demic, is supporting the growth of the segment. • The Central and South America region is ex- pected to expand at a CAGR of 9.8 percent in terms of revenue over the forecast period. The region is projected to exhibit growth on account of the in-
creasing internet penetration and awareness about sustainable packaging solutions in major countries including Brazil and Argentina. The rising awareness about various types of en- vironment-friendly packaging solutions offered by international organizations through the electronic medium is further supporting the demand for zero waste packaging.
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4 January 2, 2023 Flexo Market News
Polyart Receives Ecovadis Gold, Silver Medals Polyart Group has announced that its UK facili- ty Arjobex Polyart Limited in Clacton on Sea has received a gold medal for its Corporate Social Re- sponsibility performance from Ecovadis, one of the major rating organizations for sustainability and Corporate Social Responsibility (CSR). This result reportedly ranks Arjobex Polyart Ltd among the top 5 percent of companies globally and in the top 2 percent of companies within the plastic manufacturing sector audited by Ecovadis. Other facilities of the group achieved silver medal, including Arjobex America Inc in Charlotte, North Carolina; Arjobex Rives in France; MDV Karlstein in Germany; and TechFolien in Liverpool, England. The Ecovadis medals reward the way in which the Group implements actions and policies in line with its ambitions in terms of sustainable development. Polyart Group has integrated ongoing sustainable development into its 5-year business plan, with the entire Group contributing to its environmental and social governance (ESG) commitments. In 2021, Polyart group named Mark Grimley as Corporate CSR Manager, under the direct supervi- sion of Stephane Daveau, CEO of the group. The same year also saw the launch of r-Polyart, re- portedly the first synthetic paper with 30 percent post-consumer recycled polyethylene. In 2022, Polyart had its coated and uncoated grades of Polyart tested under the Association of Plastic recyclers HDPE CG01 protocol; both grades were found compliant, proving that an HDPE rigid container with a Polyart label can be considered as mono-component packaging, and be recycled easily. The next steps in the group sustainability road- map in 2023 will be verifiable commitments to the United Nations Sustainable Development Goals and the group will also start a Recyclass evaluation of its European grades of films for labels. The group has also announced that by 2027 it will reduce by 20 percent the scope 1 and scope 2 car- bon emissions of its Polyart synthetic paper range produced in Europe.
For the latest, up-to-the minute news in the Flexo Industry — acquisitions, installations, market trends, personnel changes — visit FlexoMarketNews.com EVERY day. On your laptop or mobile device.
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Flexo Market News January 2, 2023 5
MCC Acquires Lux Global Label
Multi-Color Corporation, Batavia, Ohio, has pur- chased LUX Global Label, a label solutions company headquartered outside Philadelphia, Pennsylvania. The transaction is said to enhance MCC’s portfolio and capabilities in the home and personal care and pharmaceuticals market segments. MCC’s acquisition includes Lux’s locations in Pennsylvania and Puerto Rico, which pressure-sen- sitive labels, shrink sleeves and flexible packaging primarily for personal care and pharmaceutical products. Lux’s approximately 200 employees will join MCC’s home and personal care business. XSYS To Increase Price Of Nyloflex Products XSYS has announced an upcoming increase in prices across its nyloflex product range, which re- flects the rise of input costs the industry experi- enced throughout 2022. Effective February 1, 2023, the company will im- plement a price increase ranging from 6 to 9 per- cent on nyloflex flexographic printing plates. The prices of essential raw materials like rubber, photopolymers, and films used in the production of plates have increased by more than 20 percent since the beginning of 2021, XSYS said. In addition, transportation and energy costs are up by double-digit percentage points. UFlex Releases Recyclability Report UFlex Chairman and Managing Director Ashok Chaturvedi has released a report on Recyclabili- ty Of Multi-layer Mixed Plastic (MLP) waste at an event organized and hosted by Plastic Packaging Research and Development Centre (PPRDC). Round Table Plastics Packaging Research and Development Centre is a non-profit research and development center established by the Multilayer Plastics Films Sanitation Trust. PPRDC recently organized a one-day round-table thematic discussion on Sustainable Packaging and EPR Regulations in Noida, India. The event agen- da included a briefing by the PPRDC executives on Extended Producer Responsibility (EPR) norms and best practices on building a circular economy.
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6 January 2, 2023 Flexo Market News
Bobst Joins Science-Based Targets Initiative Bobst has joined the Science-Based Targets initia- tive, a partnership between the CDP (Carbon Dis- closure Project), the United Nations Global Com- pact (UNGC), World Resources Institute (WRI) and the World Wide Fund for Nature (WWF) that en- ables businesses to set ambitious emissions reduc- tions targets in line with the latest climate science. For Bobst, it is the next step on a journey toward greater sustainability, which the company has es- tablished as one of the four core pillars of its strate- gy and vision of the packaging industry, along with automation, digitalization, and connectivity. Having joined the initiative, Bobst is now in the process of formalizing the company’s targets to align with the SBTi definitions and criteria and ex- pects them to be approved next year.
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ECMA Releases Packaging Best Practice Guidelines The European Carton Makers Association (ECMA) has released Best Practice Guidelines for Pharma- ceutical Secondary Packaging , demonstrating the core focus that the European pharma folding carton sector has on patient and consumer health & safety. These new guidelines complement existing qual- ity management systems such as PS9000/ISO9001/ ISO 15378 and include folding carton specifics. “Safe packaging is essential to meet the require- ments and expectations set by pharmaceutical com- panies, legislators, patients and consumers,” said Mike Turner, ECMA Managing Director. “These new guidelines are an information and management tool that can be adopted by converters and audit- ed through proper implementation. It focuses on all aspects of the order handling & manufacturing process of folding carton products for the pharma- ceutical sector”. ECMA represents more than 500 carton producers with a current workforce of 60,000+ located across nearly all countries in the European Economic Area – this equates to more than 80 percent of the €13 bill European folding carton market. Global Reusable Packaging Market to Reach $151.2 B In the changed post COVID-19 business land- scape, the global market for Reusable Packaging estimated at $103. 1 billion in the year 2020, is pro- jected to reach a revised size of $151.2 billion by 2027, growing at a Compound Annual Growth Rate (CAGR) of 5 percent, according to a new report from Reportlinker. Taking into account the ongoing post pandemic re- covery, growth in the plastic segment is readjusted to a revised 6.4 percent CAGR for the next 7-year period. The Reusable Packaging market in the United States is estimated at $28.1 billion in the year 2020. China is forecast to reach a projected market size of $32.6 billion by the year 2027 trailing a CAGR of 9.5 percent over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.9 percent and 4.4 percent respectively over the 2020- 2027 period. Within Europe, Germany is forecast to grow at ap- proximately 3.9 percent CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach $20.6 billion by the year 2027.
Get your company in front of the flexo industry’s key decisionmakers. Flexo Market News’ readership is comprised of Presidents, Owners, VPs and General Managers of flexo operations — the key people who make decisions on equipment purchases. An ad in Flexo Market News is a direct sales meeting with thousands of the industry’s best thinkers and most influental leaders. Reach Owners, President, VPs and General Managers The Top Minds In The Flexo Industry Are Waiting To Hear From You
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8 January 2, 2023 Flexo Market News
Coveris Wins Silver, Bronze At FlexoStars 2022 Coveris has received a silver award in the Shrink Films other than Polyethylene category as well as a bronze award in the Non-Shrink Polyethylene Films category at the annual FlexoStars awards in Dijon, France. Coveris has received a silver award in the Shrink Films other than Polyethylene category as well as a bronze award in the Non-Shrink Polyethylene Films category at the annual FlexoStars awards in Dijon, France. Award Winners The contest is organized by the French Associa- tion of Flexographic Technology (ATF Flexo) and is reportedly the only annual event in France that acknowledges the best flexographic artwork. The silver-winning product in the Shrink Films other than Polyethylene category is a shrink sleeve printed for the yogurt brand YOP, part of the Yo- plait Group. This promotional sleeve was produced for a limited edition of chocolate hazelnut-flavored yogurt. The sleeve was applied to a white 500ml PET bottle. The bronze award-winning print in the Non- Shrink Polyethylene Films category was produced to decorate a six-liter metal beer barrel for the Ad- nams Ghost Ship brand. This is a PE stretch sleeve extruded at Coveris’ site in Firminy, France. Altana Acquires Stake In Technology Startup Saralon The specialty chemicals group Altana has acquired a stake in the tech startup Saralon. The company specializes in the development of inks for printing electronics. In addition, it offers prefabricated electronic com- ponents that enable printers to quickly build ca- pacities for printing electronics. The parties have agreed not to disclose the investment sum. Company Support Saralon was founded in Chemnitz, Germany, in 2015. Since the seed phase, the TGFS Technolo- giegründerfonds Sachsen has been supporting the company as a venture capital investor. Saralon’s functional inks are utilized in the logis- tics industry. Printed electronic sensors in packag- ing measure humidity, temperature, and pressure, among other things. This enables efficient and sus- tainable monitoring of cold chains, for instance.
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Flexo Market News January 2, 2023 9
New Report: Flexible Packaging Market Rising According to a new report from ResearchAndMar- kets.com, the flexible packaging market in North America is deemed to attain a Compound Annual Growth Rate of 4.17 percent in revenue and 3.48 percent in volume over the forecasting years from 2022 to 2028. The United States and Canada shape the market in the region. In the United States, the rising demand for flexible packaging has compelled market players to invest heavily in product innovation. Furthermore, the increasing e-commerce industry has boosted the demand for convenient packaging solutions. The growing product innovations are ex- pected to widen the scope of the flexible packaging market. The Canadian flexible packaging market is pri- marily driven due to the rapidly-developing pack- aging & frozen food industry. The food & beverage processing industry is the second largest sector in the country, accounting for 17 percent of the overall manufacturing shipment as well as 2 percent of Canada’s gross domestic product. Furthermore, the rising adoption of organic food, integrated with the increase in health conscious- ness and the need for convenient and ready-to-use food, has further influenced the demand and in- creasing utility of flexible packaging in Canada. ePac Flexible Packaging Expands In UK ePac Flexible Packaging will be adding a second sales and manufacturing location in the United Kingdom. Adding to existing operations in Silver- stone, ePac Sheffield will serve CPG brands of all sizes throughout Northern England, Scotland, and Ireland. The site will be combined with existing sites in Poland, France, and the previously announced site in Innsbruck, Austria. “Our new sales and manufacturing location in Sheffield will get us even closer to our local and regional brands, as well as larger brands with a pan-European or global presence,” said Johnny Hobeika, Managing Director of ePac Europe. “Fur- thermore, we have recently launched ePacONE (One Network Everywhere), a proprietary cloud- based system that connects all 24 ePac locations across the globe.”
Flexo Market News I nternet D irectory
Adheso-Graphics, Inc. www.adheso-graphics.com
AGI manufactures, distributes and converts current technology flexo mounting tapes and backing sys - tems for corrugated plate mounting. Flexstik hard vinyl, FlexSoft, bi.esse brand, Gold Series. Thin tapes for sleeve and Narrow web plate mounting. Specialty tapes that cover the vast thick - ness range requirements and specific adhesion systems for all flexo mounting requirements. We provide technical service and problem solving ser - vices for unique customers & applications. A&V manufactures a complete line of photopolymer plate processing systems and is a leading distribu - tor of flexographic platemaking materials. A&V also sells digital imaging systems and software specifical - ly designed for flexography. Apex International www.apexinternational.com Anderson & Vreeland, Inc. www.andersonvreeland.com Apex International is an award-winning global lead - er of anilox rolls, sleeves, glue sets, metering prod - ucts, and print maintenance solutions. With five production facilities on four continents, a grow - ing portfolio of clients in over 80 countries, and a high-performance continuous-improvement culture, Apex’s mission is the customer’s production suc - cess. Through technical innovation, service, and manufacturing precision, Apex delivers reliable, durable, and predictable metering solutions to its client’s presses every day. ARC International www.ARCInternational.com ARC International is a world leader in the manufac - turing of roller products for flexography. The latest nanotechnology laser engraving in our Charlotte and Las Vegas manufacturing facilities ensures superior quality and consistency in anilox rollers. Eaglewood Technologies, LLC www.eaglewoodtech.com Eaglewood Technologies provides the award-winning Sitexco Laser Systems, Sanilox ™ Systems and Sani- Blast ™ Mobile Service. Sitexco Laser Systems are the latest technology in anilox roll cleaning and are perfect for packaging and label printers. Sanilox ™ Systems are the global standard of reliable, environmentally safe anilox roll cleaning. Sani-Blast ™ cleaning service has been cleaning rolls for over 20 years and offer several cleaning options to minimize downtime.
10 January 2, 2023 Flexo Market News
www.nvpublications.com
ALFT Opens Flexo Plate Production Facility ALFT Packaging has opened a new flexo packag- ing production plant in Kotugoda, Sri Lanka. To bring plate production in-house, ALFT installed a FLEXCEL NX 4260 System at the new production facility, providing plates for its new Windmöller & Hölscher Miraflex II press. “Investing in in-house flexo platemaking and printing gives us total control of production and delivers a host of benefits that are relevant to our customers,” said Chairman Lakshman De Fonseka. “The faster turnaround with flexo is a particular advantage, enabling packaging design changes — to color or for regional variations — to be expedit- ed. With gravure, we’re talking about lead times of three to four weeks for cylinders, which all have to be imported. And if a cylinder gets damaged during production, you wait ten to 12 days for a replacement. Compare that to the 90 minutes to make new FLEXCEL NX Plates, and the advantages are obvious.” While Lakshman acknowledges that gravure is still the dominant process in the South and South- east Asian markets, in the future he foresees the steady migration to flexo. “It’s just a question of
changing customers’ mindsets, and the best way to do that is to show them the results. So, we are grad- ually moving work previously gravure printed to flexo, with our customers’ consent of course. Our approach is that whenever there’s a change to a product, we take the opportunity to propose a flexo version. In our experience, as long as we can show brand owners that flexo quality is every bit as good as the gravure, they’re very comfortable with the change. Especially when they get all the additional efficiency benefits that come with flexo.”
For the latest, up-to-the minute news in the Flexo Industry — acquisitions, installations, market trends, personnel changes — visit FlexoMarketNews.com EVERY day. On your laptop or mobile device.
www.FlexoMarketNews.com
Flexo Market News January 2, 2023 11
People & Places
Flexo Market News I nternet D irectory
Hunkeler Swiss paper-processing company Hunkeler AG has promoted Daniel Erni to CEO, effective January 1, 2023.
DuPont Packaging Graphics www.cyrel.com/na
Erni will take over from Michel Hunkeler, who will continue to be involved in the strategic direction of the group and work closely with the executive board. Daniel Erni has been with Hun- keler since 2016. He has served as Chief Sales Officer and a member of the executive board. Prior to joining Hunkeler AG, Erni held positions as managing director
DuPont Packaging Graphics is the world’s leading supplier of flexographic printing systems in digital and conventional formats; including Cyrel® brand photopolymer plates, Cyrel® FAST processing equipment, Cyrel® round sleeves, mounting and fin - ishing products. For more than 35 years, beginning with Cyrel®, the first photopolymer printing plate, through to to - day’s digital workflow revolution, DuPont has been driving innovation in the Flexo and package printing industries. The Digital Cyrel® FAST imaging system has been broadly recognized for its efficiency, productivity, print performance, and environmental benefits. Flint Group www.flintgrp.com Flint Group Flexographic Products develops, man - ufacturers and markets an extensive portfolio of printing consumables, including: nyloflex ® photopoly - mer printing plates and processing equipment, and dayCorr ® die-cutting blankets and anvil covers. With a strong customer focus, unmatched service and support, and superior products, Flint Group strives to provide exceptional value, consistent quality and continuous innovation to customers around the world. Harper Corporation of America www.harperimage.com We’ve made ceramic anilox rolls longer than any - one in the world and pride ourselves on being the best in the world. Whether wide web, narrow web, newspaper, or corrugated markets, Harper continu - ously strives to bring new flexographic products and services to the printing industry that will improve the quality of your graphics. Flexotecnica’s patented Safe Sleeve Change ® system and Speedy Clean ® auto washup system are designed to give converters a competitive edge through Flexotecnica’s commitment to research and development. Sales, service and support for Flexo - tecnica presses is provided by KBA North America, Inc. in Dallas, Texas with U.S. resident technicians, an extensive spare parts inventory and an experi - enced, dedicated service staff. KBA-Flexotecnica – Get the Edge www.kba-flexotecnica.com/en/
Daniel Erni
and sales manager in several other companies. Erni will continue to report directly to Michel Hunkeler, who will, in turn, focus on the company’s strategic direction and support various stakehold- ers around the group. Stefan Hunkeler’s position as Chairman of the board of directors will continue unchanged.
Coca-Cola Packaging Targets Sight Impaired
Coca-Cola has rolled out NaviLens codes across packs of its Christmas can multipacks, which can be scanned with a mobile phone camera from dis- tances of up to four metres to help blind and par- tially sighted consumers, and are readable even when unfocused. The company said it is the UK’s first beverage company to launch on-pack technology for visual- ly impaired shoppers. This follows a successful pi- lot and roll out of the technology by Kellogg’s and Aunt Bessie’s, who rolled out packs with NaviLens codes in September 2022. NaviLens is similar to a QR code but can be detect- ed in a fraction of the time and up to three meters away. A smartphone can detect the optic, and play- back information to the user. Coca-Cola Europacific Partners (CCEP) has incorporated the technology onto large Christmas can multipacks. The codes will feature on the cardboard outers. In another development, Microsoft and Haleon launched a new feature to Microsoft’s Seeing AI app that reads health product labels aloud for people who are blind or have impaired vision. The app is currently available in the US and UK and compatible with more than 1,500 consumer health products.
12 January 2, 2023 Flexo Market News
AICC Opens Spring Meeting Registration
Industry Events
AICC, The Independent Packaging Association, will host the 2023 Spring Meeting and 9th Annual Independents’ Cup Charity Golf Tournament, April 24-23, 2023, at the Trump National Doral Resort in Doral, Florida. Registration is open. It will feature a three-day series of general sessions, workshops, plant tours, and networking and social events. SupplyOne & Schwarz Partners Packaging will host tours of their local facilities. The AICC Emerg- ing Leaders will also host an offsite evening event and a dedicated training during the meeting. The 9th Annual Independents’ Cup Charity Golf Tournament will be held at the Doral golf club. Graham Pre-Qualifies For How2Recycle Graham Packaging, Lancaster, Pennsylvania, has announced that its ThermaSet PET Technology has been pre-qualified for the How2Recycle Widely Re- cyclable label. ThermaSet is a patented heat-set process that al- lows PET to be used instead of glass in challenging hot-fill applications. ThermaSet PET bottles and jars have 50 percent more sidewall rigidity over stan- dard PET, and maintain thermal stability while pro- viding a two-year shelf life at ambient temperatures. The How2Recycle Widely Recyclable label des- ignates that at least 60 percent of Americans can recycle this package at curbside recycling or store drop-off recycling. The pre-qualification is for use in the United States and Canada only. Fresh Food Packaging Market To Reach $165.2 B The Fresh Food Packaging Market Size is estimat- ed to reach $165.2 billion by 2027, according to a new report from IndustryARC. It is poised to grow at a Compound Annual Growth Rate of 6.1 percent over the forecast period of 2022-2027. Fresh Food Packaging is a technique used to prevent food from any unnecessary changes after packaging, related to color, odor, taste, and texture, and contamination by any external source. The increasing population and demanding need for fresh and organic food all over the world drive the Fresh Food Packaging Market over the forecast period 2022-2027.
Labelexpo Southeast Asia February 9-11, 2023 BITEC Bangkok, Thailand TLMI Converter Meeting St. Petersburg, FL Labelexpo Mexico April 26 - 28, 2023 World Trade Center Mexico City, Mexico FTA Forum April 16-19, 2023 Hilton Columbus Downtown Columbus, Ohio Labelexpo Europe September 11-14, 2023 Brussels Convention Center Brussels, Belgium FTA Fall Conference October 9-11, 2023 Louisville, Kentucky TLMI Annual Meeeting October 15-17, 2023 The Broadmoor Colorado Springs, CO Labelexpo Asia December 5-8, 2023 SNIEC Shanghai, China
March 12-14, 2023 Converter Meeting Vinoy Renaissance St. Petersburg Resort
Labelexpo Americas September 10-12, 2024 Donald E. Stephens Convention Center Rosemont, Illinois
Flexo Market News January 2, 2023 13
Amcor Opens Flexible Packaging Plant In China Amcor, Victoria, Australia, has opened its new manufacturing plant in Huizhou, China. With an in- vestment of almost $100 million, the 590,000-square- foot-plant is reportedly the largest flexible packag- ing plant by production capacity in China. The new facility is expected to employ more than 550 people, who will produce flexible packaging for food and personal-care products. The plant comes equipped with the first automated packag- ing production line in China. This, along with high- speed printing presses, laminators, and bag-mak- ing machines, can deliver double-digit reductions in manufacturing cycle times. Amcor is also deploying a smart production and operation system, which includes smart laser scan- ners, light curtains, high-standard machine guard- ing and multiple quality-control points. All key process equipment is also CE-certified to stringent European Union health, safety and environmental requirements. Other benefits of the new facility are traceability throughout the production cycle, a climate-controlled production environment and low-carbon emission production. The plant features three labs with testing and an- alytical capabilities to fully leverage the expertise from the recently opened Amcor Asia Pacific Inno- vation Center in Jiangyin, China. The new Huizhou site also includes several sus- tainability features, including the latest regenerative thermal oxidizers (RTO) system to reduce harmful emissions, as well as a number of energy-reduction, heat-recovery, low-power consumption and rain- water harvesting systems to help reduce its carbon footprint and environmental impact. Divesting In Russia Amcor has also completed the sale of its three fac- tories in Russia to HS Investments, a Russian-based investor, after receiving all necessary regulatory approvals and cash proceeds, including receipt of closing cash balances. The cash and debt-free con- sideration value is 370 million EUR. This follows Amcor’s previously announced deci- sion to pursue the orderly sale of its Russian busi- ness. The Russian business produces flexible and car- ton packaging from one site in St. Petersburg and two sites in Novgorod and employs approximately 900 people. Amcor’s three sites in Russia generated approximately two percent of total Amcor sales in fiscal 2022.
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