Month: December 2017

Global green packaging market to surpass $238 billion by 2025

Coherent Market Insights (Seattle, WA) issued a new report noting that the global green packaging market, valued at U.S. $135.15 billion in 2016, is expected to register a compound annual growth rate (CAGR) of 6.7% over the forecast period (2017-2025) to reach U.S. $238.27 by 2025. The report covers packaging material (paper and paperboard, plastic, …

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Flexographic Printing Technology Market to Witness Increase in Revenues by 2026

Flexography (abbreviated as flexo) is a form of rotary web letterpress, combining features of both rotogravure printing and letterpress which utilizes a flexible relief plate for printing. Flexographic printing is primarily used for printing metallic films, plastic, cellophane and other non-porous substrate which are required for various types of packaging and is well suited for …

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Report on Asia Pacific Industry Plastic Additives Market by Future Market Insights 2014-2020

Plastic additives are chemicals added in a polymer to modify its properties. The polymers used in plastics are combined with monomeric units and are not in their pure form, but are harmless. The objective is to improve the processing characteristics and properties of plastics and to enhance performance. These monomers are known as plastic additives …

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Plain packaging could cost beverage industry nearly $300bn

A “plain packaging” policy on food and beverage brands could result in a potential loss of $293bn (£219bn) for the beverage industry globally, new research has warned. A report from business valuation consultancy Brand Finance published earlier this month has found that The Coca-Cola Company and PepsiCo would each lose close to $45bn, or around …

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Food packaging can attract 1bn euros in investment

KARACHI: Liquid food packaging could attract one billion euros in investment within the next two to five years if the government eliminates anomalies in the current tariff structure related to raw materials imported for use by the processing industry in the country, said an association on Saturday. “This tariff is not only discriminatory but also …

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Rehmpack invests in Koenig & Bauer Rapida 106 sheet-fed offset press

Rehmpack, a packaging printer in Pakistan, has invested in a Rapida 106 sheet-fed offset press from Koenig & Bauer for its new facility in the Port Qasim Industrial Area. The press chosen by Rehmpack is a 7-color Rapida 106 in a double-coater configuration for UV and conventional printing. To date, Rehmpack has worked with 5- …

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MPS appoints representative in Pakistan

MPS has broadened its reach in South Asia with the appointment of Intercom Trade Services, a K-Group company, as its new local representative for Pakistan, effective December 1. Intercom Trade Services, a part of K-Group, represents many European brands, particularly in the field of extrusion, printing and converting. With operations out of Karachi, Intercom has …

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Cherat Packaging and Mondi hit half-billion cement bag milestone

Pakistan: Cherat Packaging, a producer and supplier of packaging to the cement industry, and Austria’s Mondi have made over half-a-billion cement bags since 2002. The local bag manufacturer has a bag production capacity of 600m/yr. It holds country-specific exclusive rights to use Mondi’s brown sack kraft paper to produce cement bags and has bought only …

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Packaging industry gets a boost after clampdown on loose eatables

FAISALABAD: The Punjab Food Authority (PFA) has opened new avenues for processing and packaging businesses by clamping down on the sale of loose eatables including spices, pulses, oil and other essentials, said PFA Director General Noorul Amin Mangal. Speaking to members of the Faisalabad Chamber of Commerce and Industry (FCCI), he said substandard and adulterated …

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