NEWS
Berry stretch hood film contains 30% recyclate
Berry Global is launching a new version of its stretch hood film – with at least 30% recycled plastic content. It says this will help to
support businesses to achieve their own sustain- ability objectives. Maintaining stretch film
properties can be challeng- ing if it incorporates any recycled material. However, Berry says its Sustane polymers incorporate recycled plastic while delivering high levels of technical performance. The new film is ideal for low- to medium-stretch applications in markets such as beverages, building and glass, says Berry. It is being manufactured in the company’s factories in Belgium, Germany, Poland and the UK. Berry calculates
PPC buys StePac of Israel
Above: Berry Global’s new stretch hood film contains at least 30% recycled plastic content
that the recycled-content film can reduce carbon emissions by around 18% compared to a product made from virgin material. “For all stretch wrapping
applications, the focus is on ensuring that the chosen film consistently delivers the necessary levels of perfor- mance and protection – and
we will continue to work with our customers to develop solutions tailored to their requirements,” said Daniel Stauber, commercial director at Berry Packaging Solutions Industrial. n Read more about new polyolefin grades in our feature on page 37. �
www.berryglobal.com
Bioplastics to double by 2027
Installed capacity of biopolymers is estimated to boom in the next five years. Nova Institute says
bioplastics capacity will rise from 4.9 million tonnes now
to 9.3m tonnes by 2027. This is a compound annual growth rate (CAGR) of around 14%.
Some polymers will grow at above-average rates: PHA
is expected to grow by 45%, PLA by 39%, PA by 37% and PP by 34% until 2027. PE in Europe will increase by 18% until 2027. �
www.nova-institute.eu
US-based PPC Flexible Packaging has acquired Israel-based StePac, which manufactures packaging for fresh produce. StePac’s patented technologies create atmosphere- and humidi- ty-controlled packaging through roll goods, lidding and pre-made bags and pouches for bulk and retail applica- tions. It has customers in over 40 countries. “StePac has been a technology leader in the boutique produce market for many years,” said Kevin Keneally, president & CEO of PPC. The buy-out means that PPC – which prints and converts flexible films and pouches – now has 14 manufacturing facilities, all of them in the USA except for StePac’s plant and one in Colombia. In October last year, PPC acquired flexpack manufacturer Plastic Packaging Technologies (PPT) and its two US-based manufacturing sites. �
https://ppcflex.com
TeraPlast sales rise as profits fall in 2022
TeraPlast of Romania reported the “second-best year in its history” in reporting results for 2022. The company, which produces a
variety of products, including packag- ing, saw a 16% increase in sales for the year, reaching RON711 million (US$157m). However, profitability (EBITDA) fell
6
by 29% to around RON53m (US$12m). It put this down partly to volatility in raw material prices. While turnover in its flexible
packaging business rose by 139% to around RON40m (US$9m), EBITDA collapsed – and the division posted a loss of around RON11m (US$2m). The volumes produced in 2022 were half of
FILM & SHEET EXTRUSION | January/February 2023
the production capacity. Profitability of this new division “requires more time than initial estimates”, it said. “We draw the line after a difficult
year, full of challenges, that tested our skills in managing complex situations,” said Ioana Birta, financial director of TeraPlast. �
www.teraplast.ro
www.filmandsheet.com
IMAGE: BERRY GLOBAL
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