Packaging

The Covid period has seen digital printing secure new markets in labels and packaging, and its growth is set to turbo charge by 11 per cent CAGR over the next five years, according to industry analysts Smithers.

Global digital flexible packaging print giant ePac Flexible Packaging is building a plant in Australia, with the Melbourne site set to be operational by the end of the year, aimed at short and medium run work.

A pandemic-induced pivot for family owned and operated Australian commercial print business CBS Printing has led to the establishment of a thriving one-stop-shop food packaging business.

Profits at packaging giant Amcor are approaching US$1bn, with the company’s CEO Ron Delia signaling the company is looking at acquisition to drive further growth, as he described the year as “outstanding".

Volume growth in Pact's packaging and sustainability segment was strong in the full year, in which the Group saw its revenues and profit slip, in what it said was a challenging Covid environment.

HP Inc today launched a new wave of innovation for its HP PageWide corrugated solutions portfolio, which it says will help drive scaled and profitable production of digitally printed packaging applications.

Kurz will be bringing new product security and brand protection solutions into Australia and New Zealand with its acquisition of German business Tesa Scribos.

The 2021 Australian Institute of Packaging virtual packaging conference is slated for 17-18 August, and includes the annual PKN Women in Packaging forum.

TriState Container Corporation has become the world’s first print provider to acquire Idera, the new Xeikon digital printing solution for corrugated packaging converters.

As the threat of the pandemic recedes, folding carton pack volumes are forecast to increase by 2% this year, before surging to a 4.6% CAGR all the way through to 2026.

Packaging solutions giant Bobst has released a swag of new equipment, and says connecting the dots between Packaging 4.0 and Industry 4.0 is of great strategic importance for converters and brand owners.

Irish packaging tycoon Dermot Smurfit is leading an investor consortium that will acquire the seemingly doomed Whakatāne Mill, keeping it operating, and saving all 210 jobs.

Brisbane package printing outfit Pakko is on the shortlist for the 2021 Australian Financial Review Boss Most Innovative Company Award, delighting owner Nina Nguyen, who has also just won the PIDA Young Packaging Professional of the Year for 2021.

Dandeong-based flexo printer Perfection Packaging has beaten off all-comers to show Aussie is best, winning the Diamond Award from the European Flexographic Association in the International category.

Packaging giant Amcor has raised its full year profits outlook, as third quarter figures all trend upwards, and its free cashflow tops US$1bn. Both flexibles and rigids grew in the third quarter.


READ THE LATEST ISSUE OF PRINT21 MAGAZINE ยป



Amcor, has made a strategic investment, taking a stake in ePac Flexible Packaging, the fast growing global digital flexible packaging business, which has installed 76 HP Indigo presses.