NOVA Chemicals Corp. announced that it has developed a versatile all-polyethylene (PE) multi-layer structure design for use in the stand-up pouch package format.
Demand for caps and closures in the US is expected to grow 4.2% per year to $11.8 billion in 2020, with gains bolstered primarily by the growing use of high-value dispensing and child-resistant closures (CRCs).
The global flexible packaging market is projected to expand at a CAGR slightly over 5% during the forecast period (2016-2024) due to various factors, as revealed in Transparency Market Research's (TMR) lastest report, Flexible Packaging Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024.
Pro Mach Inc., an industry-leading integrated packaging solutions company, has acquired Ontario-based Zarpac Inc., a leading global provider of packaging line engineering, integration, and productivity services and solutions.