CHINA – Global packaging company, Amcor has announced the acquisition of Chinese medical device packaging firm MDK expanding its healthcare platform in the APAC region. Based in Shanghai, MDK supplies paper-based packaging and coating capabilities for companies in China’s medical device sector. The firm generates annual sales of approximately US$50 million and is a leading provider of medical device packaging,…
Read MoreTag: China
Finnish Forestry company Stora Enso to divest plant in China
CHINA – Finnish pulp and paper maker Stora Enso has announced plans to divest its consumer board production site and forestry operations in China. The divestment would also include the Group’s forestry operations in the surrounding region, which supply raw materials to the Beihai site. According to the company, the sales process supports Stora its strategy to focus on long-term…
Read MoreAmcor opens new US$100M flexible packaging plant in China
CHINA – American-Australian global packaging company, Amcor has inaugurated its new US$100 million advanced flexible packaging manufacturing plant in Huizhou, China. The 590,000-square-foot plant is claimed to be the largest flexible packaging plant by production capacity in China, further strengthening Amcor’s ability to meet growing customer demand throughout Asia Pacific. The new facility is expected to employ more than 550…
Read MoreCatalent completes expansion of clinical supply facility in Shanghai, China
CHINA – US-based pharmaceutical company, Catalent has completed the expansion of its clinical supply facility in the Waigaoqiao Free Trade Zone (FTZ) in Shanghai, China. The expansion increased the facility by approximately 30,000 ft2, which has allowed for the installation of additional refrigerated and deep-frozen storage, as well as the expansion of secondary packaging capabilities. The completion of the facility…
Read MoreLyondellBasell partners 23 Oaks to build plastic recycling facility in Germany
GERMANY -Netherlands-based chemical company, LyondellBasell has announced a new joint venture, Source One Plastics, to construct a plastic waste sorting and recycling facility in Germany. LyondellBasell said that the energy-efficient, advanced facility will use renewable energy from wind and biomass to process the amount of plastic packaging waste produced by 1.3 million Germans each year. The JV will offer a…
Read MoreAmcor expands Global Network of Innovation Centers with new site in Asia Pacific
CHINA – Swiss-based global packaging company Amcor has announced the opening of its latest Innovation Center in Jiangyin, China. The new center brings advanced packaging technologies and more sustainable material science to the Asia Pacific, helping to drive growth and innovation across the region. “We are thrilled to bring the best of Amcor’s unmatched innovation capabilities closer to our customers…
Read MoreBASF partners Nippon Paint China to develop new industrial eco-packaging
GERMANY – Germany-based chemical company BASF has partnered with Japanese coating manufacturer Nippon Paint to introduce sustainable industrial packaging in China. The packaging material is launched for Nippon Paint’s dry mortar products using BASF’s water-based acrylic dispersion Joncryl High-Performance Barrier (HPB) as the barrier material. In addition to offering ‘excellent’ vapour and water resistance properties, Joncryl HPB eliminates plastics and…
Read MoreBaguio installs plastic sorting facility in its Hong Kong recycling plant
CHINA – China-based investment holding company Baguio Green Group has added a fully automated plastic sorting facility to its recycling plant in Hong Kong. Founded in 1980, Baguio Green Group is one of Hong Kong’s largest and most respected integrated environmental services groups. It provides a full spectrum of professional services including professional cleaning, waste collection & recycling, waste management,…
Read MoreDow partners Want-Want Group to develop circular economy for flexible packaging
CHINA – US-based chemical company Dow has signed a Memorandum of Understanding (MoU) with Chinese food and beverage firm Want-Want for zero-solvent emissions and to develop a circular economy for flexible packaging. The agreement aims to deepen value-chain partner collaborations with customized adhesives solutions to address the needs of the industry for more sustainable packaging choices. Leveraging Dow’s water-based and…
Read MoreCovestro partners Neste and SK geo centric to produce biodegradable polyurethane raw materials
CHINA – Covestro AG has signed a tripartite cooperation agreement with South Korean petrochemical major SK Geo Centric and Finland-based engineering service company Neste to produce biodegradable polyurethane raw materials. Under the agreement, Neste will provide SK geo centric with renewable Neste RE, an ISCC-certified feedstock for polymers and chemicals made from 100% renewable raw materials such as waste and…
Read More