Siegwerk, a printing inks manufacturer based in Germany, intends to acquire Schekolin’s Plastic Tubes and Laminates business unit.
A deal has been signed between the two companies for the acquisition, while the financial details have not been disclosed.
Following the acquisition, the acquirer company will be able to offer a full-range of ultraviolet (UV) inks and varnishes for packaging applications.
Danimer Scientific, a biotechnology company based in the US, is set to develop biodegradable film resins for PepsiCo.
The films will be used by the latter for packaging of its existing snack food and beverage range and will include Danimer’s Nodax polyhydroxyalkanoate (PHA) bioplastic.
Arcus has contracted Thin Film Electronics to provide smartphone-readable SpeedTap tags for the former’s Linie Aquavit brand of spirits.
Based in Norway, Arcus is a wine and liquor wholesaler, while Thin Film Electronics is a printed electronics company.
Integrated with Thin Film’s CNECT software, the applied tags will enable Arcus to provide product news and information, as well as enable brand analytics and reporting.
Austin Foam Plastics, a family-owned business based in the US, has acquired the protective packaging division of Engineered Packaging, with the aim of expanding its presence in the US.
AFP provides corrugated, foam and moulded pulp solutions.