Stora Enso To Increase Stake In Inpac Packaging To 90% Stora Enso announced it would increase the owner- ship in its subsidiary Inpac Packaging in China. The company currently holds a majority stake of 51 per- cent and plans to raise it to reach 90 percent. Stora Enso puts the purchase price at approximately € 46m. The transaction is subject to approval by Chinese authorities and is expected to be finalized during the first quarter of the year. Stora Enso Inpac offers fibre-based packaging solu- tions with design, production, sales and R&D ser- vices. The company has production units in Qian’an, Dongguan and Jiashan in China with a workforce of 2,400 and serves global and local brand owners. In June last year, Stora Enso parted with an Inpac plant in Chennai in India and exited the Indian packaging market. The Chennai plant used to produce transport and consumer packaging made out of corrugated board. Workflow Tools For Packaging Continue To Expand InfoTrends has completed its market research study entitled The Future of Digital Packaging Workflows , whose focus is the global packaging market’s use of software tools to enhance production of all printed packaging. Taking into account all relevant software seg- ments, global sales of workflow software for pack- aging topped $1 billion worldwide in 2015, and that total is climbing steadily in all regions, according to InfoTrends. “There’s a lot going on in terms of workflow for packaging,” said Robert Leahey, Associate Director at InfoTrends and a senior advisor for the new research, “and a big future for tools that enhance it.” As evidence, he cited the trend among brands in all regions to order packaging more frequently and in smaller amounts, to customize marketing and make operations more efficient, in turn making workflow more challenging. Graphic Packaging Completes G-Box Acquisition Graphic Packaging International Holdings Mexico, a wholly-owned subsidiary of Graphic Packaging Hold- ing Company, has completed the previously an- nounced acquisition of G-Box, S.A. de C.V., a Mexican folding carton producers. G-Box has folding carton converting plants in Mon- terrey and Tijuana, Mexico.
6 January 11, 2016 Flexo Market News
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