Packaging plays an important role in promotion of the brand as well as provides safety to products while transportation. People prefer utilization of sustainable products for packaging. Number of packaging industry players are focusing on manufacturing innovative as well as latest designed packaging solutions to gain traction across the globe. The market for packaging solution includes high barrier packaging films for the packaging of pharmaceutical applications. High barrier packaging films are capable of delivering increased shelf life. According to Future Market Insights, the global high barrier packaging films for pharmaceuticals market is anticipated to expand at exponential growth rate during 2017-2027.
Ufles Ltd Planning to Invest More than $2.5 Millions to Improve its Manufacturing Capacity in India
Uflex Ltd, the packaging solution firm has been planning to invest more than $2.5 million to improve its manufacturing capacity in Uttar Pradesh, India. It is further planning to run the set-up using solar power. To install solar panels, the company is likely to invest over $1.8 million. The use of solar panels for the generation of electricity and to run their business showcases company’s focus on environmental sustainability in all business procedures. Thereby, the electricity generated will be utilized for the captive consumption and remaining electricity can be supplied to state or to the nation grid. Both the proposed projects are likely to create employment opportunity for 750 people at different levels.
Constantia Flexibles Breaks ground on New Greenfield Packaging Plant in India
Constantia Flexibles broke ground on new greenfield ground close to the present Parikh manufacturing plant. The site is under construction and meets international environment, safety standards and hygiene. The facility will be equipped with high-definition flexo printing press, laminators as well as polyethylene blown film extruder, which can be fully recycled. Additionally capacity will be introduced in 2019 and is likely to serve the rising demand from home and food as well as personal care industries in India. This investment is likely to strengthen credentials of Parikh Packaging, which is a prominent provider of service and innovation to consumers in India. Most of the FMCGs are demanding more for highest level of sustainability for packaging of their materials as well as they will have to obey upcoming stringent regulations such as Plastic Waste Management regulations that promote fully recyclable flexible packaging.
AR Packaging Launches Fully Repulpable Paper Cups
AR Packaging recently made an announcement of its 1st entirely repulpable paper cups created with industrialized cup making technology in the UK and Russia. An increased emphasis has been kept on barrier performance and sealing efficiency and consistency without weakening repulping possessions of paper cup. Boardio Eco is an eco-optimized carton packing system provides, tailored protection. The packaging delivers better potentials for brand standing for green brands with its higher carton board content. Further, being the winner of the carbon footprint, Boardio Eco is particularly developed to protect sensitive food like snacks, powder etc.
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