Graphic Packaging Holding Company Announces Receipt of All Required Regulatory Approvals for Pending Acquisition with AR Packaging

Arkema has agreed to acquire Dow’s flexible packaging laminating adhesives business, one of the leading producers of adhesives for the flexible packaging market, generating annual sales of around US$250 million. The proposed acquisition will significantly expand Arkema’s portfolio of solutions for flexible packaging, enabling the Group to become a key player in this attractive market. Dow’s flexible packaging laminating adhesives business offers a broad range of high-quality solutions in food and medical applications, where flexible packaging is the optimal solution in terms of efficiency, as well as for industrial lamination (window films, photovoltaic backsheets, etc.).

Aptar announced the next phase of its global capacity expansion plan in North America, at its Aptar Congers, New York site. This investment will help Aptar meet the growing prescription and consumer healthcare customer demand for proprietary drug delivery systems in North America. The North America Capacity Extension will benefit local customers. Manufacturing began at Aptar Congers in 2002 with a cleanroom and the production of Aptar Pharma’s VP3 pumps, and today the site manufactures a wide range of proprietary drug delivery products for nasal and injectable delivery routes. To support increasing patient demand for systemic nasal delivery, Aptar Pharma is significantly expanding the manufacturing capacity of its proprietary Unidose (UDS) Nasal Spray Systems via the addition of molds and assembly lines in cleanroom manufacturing settings, with the additional capacity planned to come online in Q4 2024.

Last year, Mondi announced that it would expand its existing plant in Ansbach, Southern Germany, to become the largest heavy-duty corrugated cardboard plant in Europe. The “Ansbach 2020” project, an investment worth €30 million, is in its final stages of completion and is meeting its customers' needs with innovative sustainable packaging solutions. The plant successfully installed state of the art machinery, including a new corrugator, die-cutting-machine, inline-machine, paper storage, shipping facility, waste processing facility and intralogistics system. The investment is strengthening the plants position as the go-to-expert for innovative and sustainable packaging solutions in the region. Furthermore, the updated machinery results in less energy consumption and reduces the carbon footprint of the plant.