Weekly Roundup: Mondi to sell biggest facility in Russia, Schubert expands in North America
12 Aug 2022 --- This week in industry news, Mondi agreed to sell its biggest packaging facility in Russia for RUB 95 billion (US$1.54 billion), subject to approval by the Russian Federation’s Government. Also, Schubert announced an investment to expand its presence in North America, and Tesa launched a recycled PET packaging tape.
In brief: Mondi in Russia
Mondi agreed to sell its most significant facility in Russia, Joint Stock Company Mondi Syktyvkar, together with two affiliated entities, to Augment Investments Limited for a consideration of RUB 95 billion (US$1.54 billion), payable in cash on completion. The disposal is conditional on the approval of the Russian Federation’s Government SubCommission for the Control of Foreign Investments and customary antitrust approvals. The Disposal is also subject to the approval of Mondi’s shareholders at a General Meeting.
In brief: Schubert’s US expansion
Schubert announced a major new investment for more autonomy and enhanced customer support, acquiring 7 acres of land to expand North American headquarters. The company said North America is one of its most important export and growth markets. The expansion of its North American headquarters prepares it to meet the demand of its growing customer base in the region. The new headquarters building, which is approximately 45000 sq. ft., will include sales, engineering, service, final assembly, and a customer training center.
In brief: Recycled packaging tape
Tesa launched a recycled PET packaging tape, which has a waterborne acrylic adhesive system. Seventy percent of the PET that makes up the backing comes from post-consumer recycling. Used PET products, such as bottles, are recycled and become a new raw material for the tape, reducing the consumption of virgin plastic. The tape can be disposed of together with the cardboard in the respective paper recycling bin without jeopardizing the paper recycling process, the company said.
In brief: Inspection and authentication
EyeC, a global expert for vision systems for print image inspection and sample inspection, presented Proofiler Version 4.2, its newest software. This version offers users of the EyeC Proofiler product line new features in Braille and code inspections and numerous other modifications. The company also introduced the EyeC Proofiler 900 RS/1050 RS system. As a premium segment product, EyeC’s new passage scanner expands its portfolio of innovative devices and services.
Giesecke+Devrient (G+D) developed a new authentication solution branded Sign for simple and rapid product authentication. The launch comes in response to sales losses from counterfeiting and product and brand piracy across industries. Sign is based on innovative, micro-optical technology with dynamic effects, developed using special software from G+D and applied directly to packaging with high-precision embossing tools. Consequently, specially printed labels are not required, thereby saving resources.
In brief: Metal can design
Canpack equipped Tymbark with a metal can for its new alcohol-free drinks range. “With our long-lasting business relationship with Tymbark, and the increasing shift toward natural ingredients and no-sugar trends in society, we’re delighted to be involved in this product launch, which hit the shelves in 500 ml cans,” said Stephen McAneny, CCO at Canpack. “The Canpack Matt effect used on the cans underlines the natural composition of the drink and gives the packaging a natural feel.”
By Joshua Poole
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