Market News
Global Active and Modified Atmosphere Packaging Market– Recent Developments
- In May 2022, Avery Dennison,partnered with Wiliot, a provider of digital ID technologies, to expand the Internet of Things through the integration of atma.io and the creation, design, and manufacture of Wiliot tagsthat will help the IoT become smarter and completely networked.
- In April 2022, Amcor PLC, invested to increase the capacity of its healthcare packaging business in Sligo, Ireland, for thermoforming medical packaging. This multi-million dollar investment helped Amcor's sterile packaging division to grow while providing customers in Europe and North America with yet another location with all-inclusive healthcare offerings.
- In March 2022, Graphic Packaging, expanded its range of sustainable packaging choices for the beverage industry. EnviroClip is created by the company as part of its commitment to continued product innovation in support of a more circular economy. It is a paperboard alternative to plastic rings and shrink film for regular beverage cans.
- In January 2021, Amcor Plc, announced that Amcor packaging can be printed with the Carbon Trust's "Reducing CO2 Packaging" Label for carbon footprint reductions. It is a component of the business' lifecycle assessment service that enables businesses to gauge the carbon footprint of their packaging from raw materials to end of use.
- In February 2021, Berry Global Group, Inc., invested more than US$ 70 million in expanding its wiping substrate capabilities in the U.S. This investment includes a new line that provides more capacity, improves the company's ability to serve its international customers, and supports the continued expansion of its business.