Market News

Canada Nano Enabled Packaging for Food and Beverages Market: Recent Developments

In May 2023, In order to strengthen its support for biotech manufacturing, a rapidly expanding sector of health care that is bringing ground-breaking treatments to patients, 3M announced it will invest $146 million. The investment will go toward upgrading the facilities and equipment as well as creating 60 new full-time jobs at 3M manufacturing facilities in Europe.

In May 2023, Amcor, a world leader in creating and producing responsible packaging solutions, has announced that it has signed a definitive agreement to acquire Moda Systems, a top manufacturer of cutting-edge, automated protein packaging machines.

In June 2023, Amcor, a leader in developing and manufacturing ethical packaging solutions, announced the addition of heat seal sachets for dry food and beverage applications like instant coffee, drink powders, spices, seasonings, and dried soups to its AmFiber Performance Paper packaging line in Europe.

In April 2023, a non-binding letter of intent was signed by Koenig & Bauer AG, makes printing presses, and Sealed Air to develop their strategic alliance for digital printing devices. The partnership will create cutting-edge digital printing technology, tools, and services to significantly enhance packaging design capabilities.