PLACE Weekly Wrap-Up
July 28, 2010

FPA releases 2010 State of the Flexible Packaging Industry Report
Flexible Packaging Magazine
The Flexible Packaging Association's annual State of the Flexible Packaging Industry Report is a key source of information for industry converters, suppliers, investors, and analysts. Data available in the report is gathered through the FPA members' State of the Industry Survey and the non-member Industry-Wide Converter Survey. These surveys examine and assess sales and utilization levels, current profit trends, capital spending plans, merger & acquisitions activity, U.S. imports and exports, projected growth areas, and end-use applications. Survey participants represent $14 billion, or approximately 53 percent, of the total flexible packaging industry revenues.More

Sustainable packaging: Sonoco issues 2009-2010 sustainability report
Packaging Digest
Company targets voluntary 15 percent drop in greenhouse gas emissions by 2014; emission reductions to occur at company's more than 300 global manufacturing plantsMore

Graham Packaging aims for $300 million in sales in Asia
Plastics & Rubber Weekly
Blow moulding giant Graham Packaging, which entered the China market in April with its first acquisition there, has set an aggressive target of up to $300 million in sales in China and Asia within five years.More

Bemis Q2 profit rises; Lifts FY10 earnings outlook
RTT News
Bemis Company, Inc. reported an increase in second quarter its profit, helped essentially by higher revenues. Looking ahead, the company also raised its full year earnings forecast, while providing its earnings forecast for the third quarter.More

Takeover of Amcor's Spanish packaging subsidiary Tobepal
Plasteurope
Constantia Flexibles, a subsidiary of Austrian aluminum, corrugated board and flexible packaging specialist Constantia Packaging has acquired Spanish packaging manufacturer Tobepal for an undisclosed amount of money.More

Evaluating in-mold labeling
Packaging World
An analogy would be that of a person born already clothed, because with in-mold labeling (IML), the package exits the mold already labeled.  IML, therefore, is a different category from downstream labeling, such as glued-on, pressure-sensitive, and shrink-sleeve.More

Mexican converter Flexo Print enjoys WS6000 success
Labels and Labeling
Flexo Print, based in Guadalajara, Mexico, installed a WS6000 digital label press from HP Indigo in June 2009. One year on, the company is reporting success with the new machine. "The speed and format of the HP Indigo WS6000 digital press makes it possible to address new markets," says founder and owner Fernando Aranguren. "It's more geared to the industrial market and can compete with industrial volumes. It alters the supply chain and facilitates lower lot sizes, with faster production, smaller quantities and just-in-time fulfillment -- all with high-quality print."More

CRP claims European first with pre-print chain of custody
Packaging News
Corrugated packaging group CRP Print & Packaging has claimed a European first after its pre-printing business attained both FSC and PEFC chain of custody accreditations.More

Unilever reducing package waste, adding consumer, business benefits
Greener Package
The consumer products giant is building quantifiable eco-friendly benefits into its package designs. The results also are measurable at the shelf and on the bottom line. Many consumer packaged goods companies are making a concerted effort to reduce package waste through better design, and Unilever is one of them. The effect of better design also is increasing shelf visibility for some of the consumer product giant's brands.More

Uflex's Rs 250 crore rights issue likely by September
The Economic Times
Flexible packaging firm Uflex plans to raise around Rs 250 crore through a rights issue by September to support its expansion plans and repay loans, a top official of the company said.More

Wild targets pouch potential with US filling investment
Food Production Daily
Wild Flavors and its subsidiary Pouch and Pack Concepts is installing high speed pouch filling equipment at factories in the US to meet growing demand for spouted pouches. Developed by the Indag company of Eppelheim, Germany, the filling machines have already been in operation in Europe supporting the Capri Sonne and Capri Sun businesses. More

Appleton sells packing operations for $58 million
Dayton Daily News
Appleton has completed the sale of its Performance Packaging operations to a newly formed company named NEX Performance Films Inc., the paper producer said. NEX Performance Films is owned by Mason Wells, a Milwaukee-based private equity firm. The purchase price was approximately $58 million.More