Huhtamaki completes a sale of real estate in Thane, India

Sun Chemical has launched a new UV offset ink that was developed to make sophisticated graphics look stunning and vibrant on high-end luxury folding cartons while at the same time providing the longer-term shelf appeal brand owners require. The new ink system, SunCure® Aspire UV, has been formulated to exhibit immense color transparency to help create vivid color graphic effects on metallized, lenticular and holographic board stocks frequently used for pharmaceutical, perfume, liquor, cosmetic and POP applications. Click Read More below for additional information.

AptarGroup, Inc. announced that following the signature of a share purchase agreement on July 22, 2021 and the approval of the French Ministry of Economy under the foreign investment clearance regulations, it has completed the acquisition of a majority stake in Voluntis from the company’s reference shareholders and certain members of the management. The stake acquisition represents approximately 64.6% of the share capital of Voluntis, at a price of €8.70 per share. In accordance with applicable regulation, Aptar will launch a mandatory cash tender offer to acquire Voluntis’ remaining shares for the same price of €8.70 per share. Aptar intends to file the Tender Offer with the French Markets Authority in September 2021 and the Tender Offer will be subject to the regulatory clearance from the AMF.

In recent years, there has been a significant shift in the packaging industry. First in the UK and Europe, and now US and Canadian brands are moving towards paper-based packaging solutions. This transition reflects a growing corporate commitment to environmental sustainability, increased regulations and penalties for using plastic, and a desire to meet consumer demand for packaging that is both sustainable and easier to recycle, knowing it is not going into landfills. All of these motivators drive a growing movement to support a more circular economy, which is one based on the reuse and regeneration of materials or products, especially as a means of sustainably continuing production. One of the primary reasons behind the shift towards paper-based packaging is a heightened awareness of environmental issues, particularly the impact of plastic pollution on the planet. Paper-based packaging offers several environmental benefits, making it an attractive alternative to plastic.