Garlock Printing Installs Two Uteco Presses Garlock Printing, Gardner, Massachusetts, has in- stalled two Onyx 110 presses from Uteco. Garlock is a privately held company with its own in-house graphics capability, providing pre-press and plate making services.The total operational footprint of the facility is 300,000 square feet. With facilities in the Greater Boston Area and Northern Nevada, the company is a full-service flexo printer with capabilities including 10-color printing, lamination, slitting, perforation, specialty coatings and bag or pouch making. Sustainable Packaging Market Grows In a new report on the Green Packaging Market from Transparency Market Research, statistics indi- cate the market is expected to increase at 6.20 per- cent of CAGR during the forecast period from 2015 to 2021. The value of the market is anticipated to reach up to US$203.1 billion by the end of 2021. The report looks at five critical factors affecting sus- tainable packaging:
• Increasing environmental concerns and effective regulatory policies implemented by governments will significantly boost demand for eco-friendly pack- aging in coming years. • Technological advancements in the production of green packaging materials that reduce harmful gases will fuel the market. • Higher production costs associated with environ- mentally friendly packaging materials will affect prof- it margins. This factor may have a negative impact and hinder innovation in the sustainable packaging market in next few years. • Limited awareness among people regarding types of sustainable packaging has limited its growth. How- ever, concrete steps taken by governments to in- crease awareness and educate people about the positive effects of green packaging should make a difference. • According to the regional analysis, the United States is leading in sustainable packaging, with nu- merous companies operating in industrial and manu- facturing sectors. Moreover, countries in the Asia Pacific region are also considered as offering lucrative options for the green packaging market.
Flexo Market News October 29, 2018 9
www.nvpublications.com
Made with FlippingBook - Online catalogs