American Forest & Paper Association Releases September 2020 Packaging Papers Monthly Report

TC Transcontinental Packaging is thrilled to announce that it has won the Gold Award for Sustainability in the 2021 Flexible Packaging Achievement Awards Competition for the Maxwell House Canada 100% compostable coffee pod lidding and mother bag films. These breakthrough sustainable films are certified BPI (Biodegradable Products Institute) industrial compostable which leaves zero waste, provides an environmentally friendly solution to the popular single serve pod, and responds to the demand for sustainable packaging without sacrificing product freshness, performance and convenience. “At TC Transcontinental, the development of sustainable products is firmly rooted in our long history of social responsibility. This award underscores our leadership position in crafting commercialized, sustainable packaging solutions, and is one of many recognitions for our work in this space including the award-winning recycle ready pouch for loose tea, compostable structure for closed-loop collection, and also compostable whole-bean packaging for coffee. It is gratifying to see how our values of performance, teamwork and innovation have culminated in the development of such an outstanding array of sustainable products,” said Thomas Morin, President of TC Transcontinental Packaging.

Cosmo Films Limited, a Global Leader in Films for Packaging, Labelling, Lamination and Synthetic Paper and an emerging player in Specialty Chemicals, Polymers & Pet care today announced expansion by setting up CPP film production line at Aurangabad with annual rated capacity of 25,000 MT. The CPP line will require investment of about Rs. 140 crores to be funded through internal accruals and debts and is expected to commence commercial production in 2 years. Commenting on CPP line project Mr. Pankaj Poddar, Group CEO, Cosmo Films Ltd said, “Worldwide significant focus is being given on recyclability & sustainability of packaging films. Monolayer structure of CPP and BOPP is most preferred structure to address sustainability requirements."

O-I Glass, Inc. announced that its wholly owned subsidiary, Paddock Enterprises, LLC, has filed its Plan of Reorganizationand related disclosure statement with the United States Bankruptcy Court for the District of Delaware as part of the Chapter 11 bankruptcy case Paddock initiated on January 6, 2020. The Plan, once confirmed by the courts, will result in a permanent resolution of all current and future asbestos personal injury claims. The Plan is jointly proposed by the “Plan Proponents,” which are O-I Glass, the Official Committee of Asbestos Personal Injury Claimants, Paddock, and the legal representative for future asbestos personal injury claimants.