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.
LABOR SHORTAGE? AUTOMATE YOUR PLATE CLEANING WITH FLEXOWASH. STILL CLEANING YOUR PLATES BY HAND? It’s time to improve your process with Flexo Wash and realize your return on investment today! Get Maximum Production For Less With Flexo Wash Today DON’T WAIT! flexowashus.com 888-493-5396
6 January 2, 2023 Flexo Market News
Made with FlippingBook - Share PDF online