Containerboard market sees “largest downward capacity adjustment ever”

The 33.9 million euro investment is focused on equipment upgrades including purchasing state-of-the art machinery for innovative packaging to support ongoing plastic replacement and boost productivity as part of our ambitious growth strategy in the East European market. Starting with upgrades at Ierapetra's Box Plant this summer, the investments will not only advance packaging capabilities but also create a safer working environment. Investment into other sites located in Ancient Corinth and Thessaloniki will also see the modernization of equipment and minimize raw material waste. The investments support our customers’ growing demand for sustainable packaging innovations and align with our Now & Next Sustainability Strategy to deliver the circular economy.

Inteplast Engineered Films (IEF) has launched InteGreen, a revolutionary family of durable and sustainable films incorporating post-consumer resin, bio-based materials, compostability, and recycle-ready properties. IEF President Bob Stein said, “The IEF team is very excited about officially launching our growing product line under the umbrella of the InteGreen brand. We know how important it is to be responsible to our environment and to provide sustainable product choices as there is no monolithic solution to protecting our ecosystem. Behind our marketing sustainable products under the InteGreen brand are our deep technical, operational, and selling resources that bring answers to customers seeking sustainable solutions.” The InteGreen film line comprises four types: *Film made with PCR (FDA-LNO for food or non-FDA for industrial use) *Film made with bio-based starch for produce, agricultural, and industrial applications *Recycle ready films *Compostable films

Inteplast’s AmTopp Division has begun production on one of its two stretch film extrusion lines and will increase its current workforce by more than 37 percent in time for mid-September, when the second stretch film line goes into production. Stretch film, made from linear low-density polyethylene, is used to secure goods during their transport, allowing for palletized loads and other profile types to be stabilized, unitized, and protected from dust or other unhygienic or corrosive elements. Combined, the stretch film and pre-stretch extrusion lines are estimated to yield a monthly average of 2 million pounds in product until the startup of the second stretch film line, when it increases to 5 million pounds. Currently the plant’s pre-stretch production has averaged more than 500,000 pounds per month for the last year-and-a-half. The Remington facility is slated to produce up to 60 million pounds of film per year. AmTopp Division President Homer Hsieh said that the stretch film product offerings available at Remington now mirror the facility’s four sister plants in Lolita and Houston, TX; Charlotte, NC; and Phoenix, AZ.