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Caps And Closures Market Size To Reach $143 6 Billion By 2030: Grand View Research, Inc

Caps And Closures Market Size To Reach $143 6 Billion By 2030: Grand View Research, Inc
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Sacmi hails extraordinary response to global pandemic

May 24, 2021 Italian machine maker Sacmi has hailed its 2020 financial performance as an “extraordinary response” to a year marred by the global pandemic. In a year that included interruptions to international supply chains and the temporary suspension of manufacturing in some sectors, sales across the whole Sacmi business exceeded €1.1 billion ($1.34bn), while net equity remained stable at €682 million ($833m). The number of employees remained steady at almost 4,600, and Sacmi retained its “technological leadership” across all markets, the company claimed. Within the division, Sacmi said its ability to stay several steps ahead of both standards and markets resulted in a “near-repetition” of its 2019 results.

SIG to roll out tethered caps three years ahead of EU deadline

May 5, 2021 Tethered caps will be launched for all of SIG’s beverage cartons in Europe during the second half of this year, well ahead of the July 2024 deadline set by EU regulations. The redesigned caps will be compatible with existing filling machines and closure applicators, while being made from polymers linked to 100 per cent renewable, forest-based materials. “Our new tethered cap solutions build on SIG’s strong track record on sustainable innovation as we go Way Beyond Good for people and the planet,” said Ali Kaylan, senior vice president for innovation and vice president of global marketing at SIG. “By announcing the launch three years ahead of regulatory requirements, we are providing reassurance for customers as they prepare to comply with forthcoming EU regulations. Thanks to SIG’s flexible and adaptable systems, our tethered caps can be used with existing SIG filling lines and closure applicators, making our solutions a secure investment for the long-term.

Bespoke business drives United Caps forward | Plastics in Packaging

March 8, 2021 Luxembourg-headquartered United Caps has reported progress with its strategic growth initiatives despite the pandemic, with bespoke development of caps and closures continuing to generate 50 per cent of the company’s business. Last year, the company proceeded to open two European plants in the UK (Dinnington) and France (Valframbert), as part of its ‘Close To You’… TO CONTINUE READING, PLEASE SUBSCRIBE OR LOGIN

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