Intertape Polymer Group Announces Receipt of the Investment Canada Approval

Toray Plastics (America), Inc., announces that its Torayfan® Division’s new, state-of-the-art, 8.7-meter, five-layer, in-line coating polypropylene film line with automated slitting began producing commercial volumes of packaging and label films in May. The customized, proprietary equipment is considered by Toray to be one of the most capable BOPP film lines in the world. It is enabling Toray to expand its flexible packaging product lines, including a robust label portfolio, and manufacture highly-engineered next-generation laminations and mono-material films. The unique, energy-efficient line also gives a boost to Toray’s own sustainability initiative by reducing the company’s carbon footprint further. The additional OPP capacity is targeted for packaging, label, medical, and industrial applications. “Toray has always been committed to innovation and growth on behalf of its customers, and this new line enhances our ability to offer them a greater variety of film options while helping them commercialize their projects effectively and efficiently,” says Christopher Roy, Executive Vice President, Toray Plastics (America). “The entire Toray team is very proud of the division’s accomplishment, especially given the challenges presented by the COVID-19 pandemic.” Roy adds that the Torayfan Division has plans for more automation in 2021, an upgrade of an existing line in 2021-22, and a new metallizer in 2022. “It’s a very exciting time for Toray and the division.”

Evergreen Packaging announced the launch of the Fall 2017 Made By Milk™ Carton Construction Contest. This year's contest theme – Sports – invites students to build milk carton creations inspired by games and recreation, from archery to ziplining, amateur to Olympic-level. Classroom teams can win up to $5,000 by building novel creations from empty milk or juice cartons repurposed from their school lunches. The deadline for submissions is November 15, 2017. "Now in its sixth year, the Made By Milk™ Contest gives students of all ages the opportunity to express their creativity while building design skills, teamwork and awareness of environmental issues including sustainability," said Katie Simmons, marketing manager at Evergreen Packaging. "We can't wait to see how students across the country will translate this year's Sports theme into imaginative carton creations." Click Read More below for additional detail.

Stora Enso acquires De Jong Packaging Group, based in the Netherlands, for an enterprise value of approximately EUR 1,020 million. This acquisition will advance Stora Enso’s strategic direction, accelerate revenue growth and build market share in renewable packaging in Europe. De Jong Packaging Group is one of the largest corrugated packaging producers in the Benelux countries. Its product portfolio and geographic presence will complement and enhance Stora Enso’s offering, especially in fresh produce, e-commerce and industrial packaging. The acquisition of De Jong Packaging Group will significantly strengthen Stora Enso’s European market presence in corrugated packaging and provide an entry into the Netherlands, Belgium, Germany and the UK. With this acquisition, Stora Enso’s Packaging Solutions division will increase its corrugated packaging capacity by approximately 1,200 million m2 to more than 2,000 million m2, including De Jong Packaging Group’s ongoing expansion projects. This will secure a platform for continued growth in key markets. The European corrugated packaging market is fragmented, with local presence key for sustainable growth.