unbox: how to create a deeper engagement with consumers

Tredegar Corporation announced that it has agreed to sell its personal care films business to affiliates of Fitesa S.A. The Personal Care Films business, which is currently reported by Tredegar within the personal care component of its PE Films segment, has approximately 400 employees worldwide and includes manufacturing sites located in Terre Haute, Indiana; Kerkrade, The Netherlands; Rétság, Hungary; Diadema, Brazil; and Pune, India. The proposed transaction excludes the packaging film lines and operations relating to the Pottsville, Pennsylvania manufacturing site currently reported by Tredegar within the personal care component of its PE Films segment. Cash proceeds from the sale net of transaction costs, purchase price adjustments and transition services are estimated at $40 to $45 million. Net cash income tax costs or benefits relating to the transaction are expected to be negligible.

Amcor has been granted a European patent for paper packaging with thin film barrier, affirming the unique attributes of its AmFiber™ portfolio. AmFiber™ Performance Paper is a high-barrier, paper-based solution that delivers recyclability and high-speed customer line performance for food- and healthcare-grade packaging. The European patent recognizes AmFiber Performance Paper’s innovative barrier materials and patterned sealable material, which provides a unique combination of functional attributes for paper-based packaging. Currently on store shelves across the globe, the AmFiber portfolio is suitable for a wide range of applications including snacks and confectionary, dry culinary and beverage, meat, dairy, home and personal care and more.

ePac Flexible Packaging and RePurpose Technologies (RPT) have announced a partnership to effectively solve the crisis that leads to 9 out of 10 pieces of discarded plastic waste polluting our environment*. The community-based model, which can be replicated easily, provides a transparent and economically viable solution that can once and for all cure the grave problem of our overflowing landfills. By forming this partnership, ePac and RPT will create replicable recycling facilities starting in 2021 that are able to create a circular community-focused solution. The ability to track and trace every package will provide supply chain transparency to all parties in the value chain.