UPM Raflatac is extending its range of film face materials for the European market with a new plant-based material that provides a sustainable alternative to fossil-based films for a wide variety of end uses. RafBio PE 85 performs just like standard PE film, and its excellent flexibility makes it ideal for the squeezable bottles and contoured containers that are widely used in home and personal care applications. Part of the RafBio family of bio-based labeling solutions, RafBio PE 85 is the ideal choice for customers who are looking for a sustainable film face material that will reduce greenhouse gas emissions during its life cycle, compared to conventional PE, while still keeping products looking their very best. Made from sugarcane ethanol, the film contains more than 80% renewable plant-based raw material and is recyclable within the same recycling streams as fossil-based PE. Click Read More below for additional detail.

Silgan Holdings Inc. announced that it completed its acquisition of the dispensing business of the Albéa Group. This business is a leading global supplier of highly engineered pumps, sprayers and foam dispensing solutions to major branded consumer goods product companies primarily in the beauty and personal care markets. It operates a global network of 10 plants across North America, Europe, South America and Asia. This business generated sales of approximately $395 million in 2019. The purchase price for this acquisition was $900 million, subject to adjustments outlined in the purchase agreement for this acquisition. The Company funded the purchase price for this acquisition and related costs and expenses through term and revolving loan borrowings under its senior secured credit facility, including a $900 million delayed draw term loan.

Tredegar Surface Protection, a subsidiary of Tredegar Corporation (NYSE:TG) and a leader in high-quality masking films, is excited to announce the launch of Obsidian Automotive Protective Films. Designed to meet the evolving needs of the automotive industry, these innovative films offer unparalleled performance and protection. The Obsidian line includes a range of protective films tailored for various applications: AUTOMOTIVE INTERIOR: Automotive Displays; Augmented Reality Films – Optical film for AR use inside the HUD device; Automotive Glass and plastic cover – 2D/ 3D dashboard, center console and rear seat entertainment; Anti-glare, Anti-reflection, and Anti-fingerprint – Surface coating protection. AUTOMOTIVE EXTERIOR: Automotive Glass - Windshield for AR HUD; Automotive Camera - Surface Protection on camera; Automotive Plastic Sheeting – Body and specific components.