The two companies will leverage combined fiber and film-based materials science expertise to create environmentally friendly flexible packaging products.
Acquisition will broaden ProAmpac’s product portfolio for customers across the United States and Canada and will allow the company to better serve customers in the high-growth food and beverage, agriculture, industrial and pharmaceutical end markets.
The Flexible Plastic Fund (FPF) supports supermarkets and independently tracks and verifies the flow of material using an AI powered evidence system, eco2Veritas™, developed by Greenback Recycling Technologies (Greenback).