FMN | April 1st, 2019

An N.V. Publication FLEX

April 1, 2019

Vol. 21 No. 7

Market News

®

Serving The Flexographic Printing Industry In Print and Online at www.nvpublications.com

Flexible Packaging Tackles Recyclability Reported by Greg Kishbaugh TT he environmental challenges posed by plastic packaging are taking the forefront and requiring the industry to take a deep, introspective look at many of its practices. At the re- cent Flexible Packaging Association meeting, which took place just last month, there was a panel convened on marine debris and current and future solutions.

For exclusive content and breaking news please visit www.flexomarketnews.com Just recently, they jointly celebrated the sale of the 1000th TubeScan sys- tem at Nyquist Systems in Landsberg. “BST eltromat is now integrated into the future developments of Nyquist Systems and can thus opti- mally adapt the shared solution portfolio to the requirements of label and packaging printing,” said BST eltromat Managing Director Kristian Jünke. BST Acquires Majority In Nyquist BST eltromat International, a manu- facturer of quality assurance systems for web-processing industries based in Bielefeld, Germany, has increased its stake in Nyquist Systems GmbH, Landsberg am Lech,Germany, through its parent company elexisAG. The company now holds a majori- ty interest in the company, which makes inspection systems for nar- row web printing processes. The first investment in Nyquist Systems was acquired at the beginning of 2018. BST eltromat has been distrib- uting the inspection systems of the TubeScan family from Nyquist Sys- tems worldwide for five years as part of an exclusive partnership.

On a larger scale, a global alliance of nearly 30 companies has been formed to advance products and technologies that re- duce and eliminate plastic waste in the environment, especial- ly in the ocean. The Alliance to End Plastic Waste (AESOP) has committed more than $1 billion with the goal of investing $1.5 billion over the next five years to help end plastic waste in the envi- ronment. New technologies and products will be developed and brought to scale that will minimize and manage plastic waste.This also includes the promotion products for used plas- tics by helping to enable a circular economy. With growing pressure from consumers and governments pushing brand owners toward using recycling friendly packag- ing, Smithers Pira, an authoritative voice on packaging, paper

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