BOPP

Update on the Brazilian Merger Review Process for the Sale of Terphane to Oben Group

Retrieved on: 
Giovedì, Maggio 16, 2024

As previously announced, on September 1, 2023, Tredegar Corporation (NYSE: TG) entered into a definitive agreement to sell its flexible packaging films (“Terphane”) business to Oben Group.

Key Points: 
  • As previously announced, on September 1, 2023, Tredegar Corporation (NYSE: TG) entered into a definitive agreement to sell its flexible packaging films (“Terphane”) business to Oben Group.
  • Tredegar announced today that, as part of the Brazilian merger review process regarding the sale of Terphane to Oben Group, the General Superintendence of the Administrative Council for Economic Defense (“SG-CADE”) issued a non-binding opinion (“SG Opinion”) recommending the rejection of the transaction.
  • Following this first stage of the two-stage Brazilian merger review process for complex transactions, the case will now be submitted to the CADE Tribunal, in accordance with the customary Brazilian merger review process.
  • John Steitz, Tredegar’s president and chief executive officer, said, “We remain confident that the sale of Terphane to Oben Group will be a positive development for the flexible packaging films market in Brazil.

Food and Beverage Manufacturers Can Overcome Condensation Challenges with Inkjet Printing and Laser Marking

Retrieved on: 
Mercoledì, Maggio 15, 2024

Food and beverage manufacturers face some of the most difficult printing environments of any industry.

Key Points: 
  • Food and beverage manufacturers face some of the most difficult printing environments of any industry.
  • The goal of a selected printing and marking solution is to fully apply the right code to the correct product every time.
  • Many food and beverage companies choose continuous inkjet (CIJ) printers and inks to apply accurate, trackable codes designed to resist condensation and survive across the supply chain.
  • They can also be adapted to meet food and beverage industry requirements for code content, resolution, contrast and adhesion.”
    Videojet understands the unique needs of the food and beverage industries.

Bloomage Demonstrates Social and Environmental Responsibility in its New Sustainability Report

Retrieved on: 
Mercoledì, Maggio 8, 2024

Parsippany, New Jersey, USA, May 08, 2024 (GLOBE NEWSWIRE) -- Bloomage, a global leader specializing in hyaluronic acid and other bioactive substance innovations, has released its new Sustainability Report.

Key Points: 
  • Parsippany, New Jersey, USA, May 08, 2024 (GLOBE NEWSWIRE) -- Bloomage, a global leader specializing in hyaluronic acid and other bioactive substance innovations, has released its new Sustainability Report.
  • Building on Bloomage’s four previous annual social responsibility reports, this new ESG report reflects Bloomage’s commitment to a scientific and systematic ESG strategy, marking a new era for Bloomage and its sustainability goals.
  • In 2023, Bloomage reinforced its commitment to ESG by establishing its ESG Strategic Management Center.
  • Bloomage’s Sustainability Report signifies the company’s renewed commitment to enhancing social and environmental responsibility.

Global $82+ Bn Laminated Labels Markets, 2017-2022, 2022-2027F, 2032F: Versatile Applications of Laminated Labels Fuel Market Expansion,, E-commerce Boom Creates Opportunities

Retrieved on: 
Martedì, Novembre 14, 2023

The laminated labels market research report provides laminated labels market statistics, including laminated labels industry global market size, regional shares, competitors with a laminated labels market share, detailed laminated labels market segments, market trends and opportunities, and any further data you may need to thrive in the laminated labels industry.

Key Points: 
  • The laminated labels market research report provides laminated labels market statistics, including laminated labels industry global market size, regional shares, competitors with a laminated labels market share, detailed laminated labels market segments, market trends and opportunities, and any further data you may need to thrive in the laminated labels industry.
  • The laminated labels market is poised for growth, with the e-commerce industry playing a pivotal role in its expansion.
  • Laminated labels find versatile applications in the e-commerce sector, including product details, shipping labels, packing labels, and barcodes for identification purposes.
  • The countries covered in the laminated labels market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Tredegar Agrees to Sell Terphane to Oben Group

Retrieved on: 
Venerdì, Settembre 1, 2023

Tredegar Corporation (NYSE:TG) announced today that it has agreed to sell its flexible packaging films (“Terphane”) business to affiliates of Oben Group for net debt-free base consideration of $116 million.

Key Points: 
  • Tredegar Corporation (NYSE:TG) announced today that it has agreed to sell its flexible packaging films (“Terphane”) business to affiliates of Oben Group for net debt-free base consideration of $116 million.
  • For the 12 months ended June 30, 2023, net sales and EBITDA from ongoing operations for Terphane were $152 million and $16.4 million, respectively.
  • We look forward to the employees of Terphane joining the Oben team.”
    J.P. Morgan Securities LLC is serving as financial advisor to Tredegar, and Hunton Andrews Kurth LLP is serving as U.S. corporate counsel to Tredegar.
  • Readers are urged to review and consider carefully the disclosures Tredegar makes in its filings with the SEC.

Bermuda Encouraged to Pursue Blue Bond Leadership

Retrieved on: 
Martedì, Luglio 18, 2023

Suzanne Johnson, Senior Advisor, United Nations Global Compact (UNGC) Ocean Stewardship Coalition, gave several compelling reasons why Bermuda should issue a blue bond.

Key Points: 
  • Suzanne Johnson, Senior Advisor, United Nations Global Compact (UNGC) Ocean Stewardship Coalition, gave several compelling reasons why Bermuda should issue a blue bond.
  • “This is shown in its Bermuda Ocean Prosperity Programme (BOPP) which lays out a foundational strategy for the ocean economy.
  • The BOPP identifies blue bonds as a way to source new investment in Bermuda’s blue economy.
  • It is intended that the creation of a blue bond will be part of our Blue Economy Strategy.

Bermuda Climate Summit Attracts Companies with Approximately $4 Trillion of Assets

Retrieved on: 
Giovedì, Giugno 29, 2023

The second annual Bermuda Climate Summit, presented by the Bermuda Business Development Agency, in partnership with KBRA, attracted 119 separate companies with a total combined assets under management of ­~$4.16 trillion.

Key Points: 
  • The second annual Bermuda Climate Summit, presented by the Bermuda Business Development Agency, in partnership with KBRA, attracted 119 separate companies with a total combined assets under management of ­~$4.16 trillion.
  • The Bermuda Climate Summit attracted 335 delegates, including 101 from overseas, and not only ensured Bermuda remained globally well regarded as a climate thought-leader, but also delivered on its theme to create business solutions, policy, and jobs of the future.
  • We also thank our eight local environmental charities – Bermuda Aquarium Museum and Zoo (BAMZ) , Bermuda Audubon Society , Bermuda Institute for Ocean Sciences (BIOS) , Bermuda National Trust (BNT) , Bermuda Ocean Prosperity Programme (BOPP) , Beyond Plastic , Keep Bermuda Beautiful (KBB ) and Living Reefs Foundation .
  • Special thanks to Aspen for supporting the planting of one tree per Bermuda Climate Summit delegate via our charity partners.

Eight Local Environmental Charities to be Highlighted at Bermuda Climate Summit

Retrieved on: 
Giovedì, Giugno 22, 2023

Eight local environmental charities will participate in important climate risk solution conversations at the second annual Bermuda Climate Summit, presented by the Bermuda Business Development Agency (BDA), in partnership with KBRA.

Key Points: 
  • Eight local environmental charities will participate in important climate risk solution conversations at the second annual Bermuda Climate Summit, presented by the Bermuda Business Development Agency (BDA), in partnership with KBRA.
  • Bermuda Aquarium Museum and Zoo (BAMZ) , Bermuda Audubon Society , Bermuda Institute for Ocean Sciences (BIOS) , Bermuda National Trust (BNT) , Bermuda Ocean Prosperity Programme (BOPP) , Beyond Plastic , Keep Bermuda Beautiful (KBB ) and Living Reefs Foundation , will all provide delegates with information about their stewardship of Bermuda’s environment and natural resources.
  • Dr. Ian Walker, Principal Curator, Bermuda Aquarium, Museum & Zoo (BAMZ) said, “The Bermuda Zoological Society (BZS) has been teaching about Bermuda’s environment for over four decades.
  • Cheryl Ann Mapp, Bermuda Ocean Prosperity Programme (BOPP) Blue Economy Specialist said, “BOPP is honoured to be invited again to participate in the second annual Bermuda Climate Summit.

Synthetic Paper Global Markets to 2027: Rising Demand for Environmentally Friendly and Sustainable Packaging Options Drives Growth - ResearchAndMarkets.com

Retrieved on: 
Martedì, Giugno 20, 2023

The global market of synthetic paper describes the demand, supply, and trade for this type of material, which is created from synthetic fibers and resins instead of natural fibers like regular paper.

Key Points: 
  • The global market of synthetic paper describes the demand, supply, and trade for this type of material, which is created from synthetic fibers and resins instead of natural fibers like regular paper.
  • Because it is strong, waterproof and tear-resistant, synthetic paper is ideal for making a variety of products, including packaging, labelling, printing, and signs.
  • Many varieties of synthetic papers, including HDPE synthetic paper, biaxially oriented polypropylene (BOPP) synthetic paper, and polyester (PET) synthetic paper, are available on the global synthetic paper market.
  • Rising demand for environmentally friendly and sustainable packaging options as well as the expanding use of synthetic paper across a variety of industries are driving market growth.

ProAmpac Unveils Innovative Easy-Peel Open Recyclable Snack Packaging Technology

Retrieved on: 
Giovedì, Maggio 25, 2023

ProAmpac , a leader in flexible packaging and material science, introduces its patent-pending, ProActive Recyclable R-2200D Easy-Peel Open Packaging.

Key Points: 
  • ProAmpac , a leader in flexible packaging and material science, introduces its patent-pending, ProActive Recyclable R-2200D Easy-Peel Open Packaging.
  • A groundbreaking innovation, the R-2200D provides consumers a hassle-free snacking experience through its exceptional, easy-peel, easy-to-open sealant technology.
  • View the full release here: https://www.businesswire.com/news/home/20230525005619/en/
    ProActive Recyclable R-2200 Easy Open (Photo: Business Wire)
    ProAmpac’s Recyclable R-2200D Easy-Peel Open is a high-performance polyethylene-based recyclable film designed to replace laminated, non-recyclable structures used in snack packaging, such as BOPP/BOPP, BOPP/Met BOPP, PET/peelable PE and more.
  • ProActive Recyclable R-2200D Easy-Peel Open is available in three oxygen and moisture barrier levels to ensure an ideal product fit for each demanding application.