Legacy Pharmaceutical Packaging appointed Steve Meeker as president. Meeker, who had been the company’s Chief Operating Officer, assumed the new role as of May 1st.
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.
Tekni-Plex Inc. has opened a new closure liner manufacturing facility in India primarily to serve growing demand for high-quality solutions for regulated pharmaceuticals.