Huhtamaki has completed the acquisition of Ajanta Packaging’s business in India. Ajanta Packaging is a manufacturer of pressure sensitive labels in India. The annual net sales of the acquired business are approximately EUR 10 million and it employs altogether 170 people. The debt free purchase price was approximately EUR 13 million. The business will be reported as part of the Flexible Packaging business segment as of June 1, 2018.
http://www.huhtamaki.com/-/huhtamaki-has-completed-the-acquisition-of-ajanta-packaging
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TC Transcontinental Packaging, the Packaging Sector of TC Transcontinental (TSX: TCL.A TCL.B), a leader in flexible packaging in North and Latin America, has been named a Top Performer 2022/2023 by the Pet Sustainability Coalition (PSC) in the Earth Defender Category, based on its environmental focus and leadership in working towards the United Nations Sustainable Development Goals. This prestigious award, given annually to the top 20% of PSC-accredited companies, recognizes TC Transcontinental Packaging’s Corporate Social Responsibility (CSR) leadership. TC Transcontinental Packaging was accredited by PSC earlier this year after a third-party validation of its positive environmental and social impact. “TC Transcontinental Packaging is committed to creating flexible packaging that is 100% recyclable, reusable, or compostable by 2025. We are honored to be recognized for our sustainability initiatives,” said Thomas Morin, President, TC Transcontinental Packaging. “By demonstrating leadership in sustainable packaging, we proudly provide our customers with a roadmap to lessen their environmental footprint and create long-term value for stakeholders.”
Aptar Digital Health, a global leader in digital health solutions (Software as a Medical Device (SaMD) and digital Patient Support Programs), connected devices and disease management, today announced a collaboration with SHL Medical, a world-leading solutions provider of advanced drug delivery systems such as autoinjectors, pen injectors and innovative specialty delivery systems. The collaboration will extend SHL Medical’s connected device technologies by integrating Aptar Digital Health’s SaMD platform to provide comprehensive solutions to help patients on injectable therapies manage their disease. As part of this collaboration, devices designed by SHL Medical, such as the Molly® Connected Cap – a smart retrofittable add-on for SHL Medical’s Molly® modular platform autoinjector – will benefit from Aptar Digital Health’s SaMD platform to enhance the patient experience by offering additional support during self-administration via a digital solution.
While the paperization of packaging marches on, questions about food residue on paper packaging have been holding fiber-based packaging innovations back. As labeling laws like California’s SB 343 invite new scrutiny for paper formats, the packaging industry has been grappling with new questions, like:
Do consumer habits around cleaning and recycling plastic, glass, and metal food packaging hold true with paper-based packaging?
What impact does food residue — such as leftover sauces, melted cheese, or dairy products — have on the recyclability of paper packaging from the perspective of paper recyclers?
How do we best communicate the recyclability of paper-based food packaging to consumers, especially when there is the potential for food residue?
In collaboration with its members, industry partners, and Clemson University, the Sustainable Packaging Coalition (SPC) spearheaded a multi-faceted research project to better understand the impact food residue has on the recyclability and consumer treatment of paper packaging.