PlasticsToday

12/09/2025

ProAmpac has signed a definitive agreement to acquire TC Transcontinental Packaging (TCP) from TC Transcontinental for $1.51B, subject to customary adjustments for debt and debt-like items, cash, and net working capital. TCP generated approximately $1.2B in revenue in the last twelve months ended July 27, 2025.

The transaction is expected to close in Q1 2026, pending shareholder and regulatory approvals and other customary conditions. Full story here.

ProAmpac acquires TC Transcontinental Packaging for $1.51 billion to expand sustainable packaging capabilities and geographic reach

12/08/2025

Printpack Inc. will shutter its Elgin, IL, manufacturing facility, eliminating 111 jobs as the Atlanta-based packaging giant grapples with what it describes as "ongoing operational challenges." Here's the full story.

Printpack is closing the Illinois facility as part of a consolidation starting January 2026.

12/01/2025

When a devastating fire swept through seven 31-floor apartment blocks in Hong Kong's Wang F*k Court, initial concerns pointed to traditional bamboo scaffolding as a potential cause. However, early findings suggest that flammable polystyrene foam sheeting used during renovations may have played a key role.

Initial theories for the fire’s cause are focusing on the use of highly flammable polystyrene foam sheet to protect windows during building renovations.

11/19/2025

The details of Sealed Air’s acquisition by CD&R.

The $10.3B all-cash transaction values Sealed Air at $42.15 per share, with the packaging solutions provider becoming privately held

11/12/2025

One of the world's smallest countries is set to house the world's largest graphene nanotube production facility

Luxembourg-based OCSiAl moves ahead with $300 million project to construct world's largest graphene nanotube production center.

11/12/2025

Dan Felton, President and CEO of the Flexible Packaging Association, is sharing valuable insights on plastics and tariffs at the AMI Plastics World Expos North America in Cleveland. Stay tuned for more expert perspectives on the future of flexible packaging and industry challenges.

11/11/2025

Plastic resin prices are cheap from a historical perspective and Plastics Exchange CEO Michael Greenberg sees no catalyst on the horizon that will change that dynamic, he explained in an interview with PlasticsToday Editor Norbert Sparrow. Watch the full Resin Pricing Report interview on PlasticsToday: https://bit.ly/4oA9hOl

11/10/2025

Klöckner Pentaplast, a global leader in packaging and specialty films, has voluntarily filed for Chapter 11 bankruptcy as part of a strategic financial restructuring plan. This move aims to reduce the company’s funded debt by approximately €1.3 billion ($1.5 billion) and transfer ownership to select partners upon completion.

Discover the full story and what this means for the industry.

Worldwide operations will continue without interruption during the restructuring process, the company stressed.

11/10/2025

In the absence of data from the federal government because of the shutdown, private data sources are telling us that the jobs market is tightening and the unemployment rate is slightly rising, reports Paul Sturgeon in this week’s Talent Talk column https://bit.ly/484yudP

11/07/2025

The Federal Reserve’s recent quarter-point interest rate cut is promising news for the plastics industry, potentially fueling long-term growth. However, the impact may take time to materialize due to policy lag and challenges like tariffs that could offset the benefits of lower borrowing costs. According to Perc Pineda, PhD, Chief Economist at the Plastics Industry Association (PLASTICS), this development is a positive step for manufacturing.

The sector has been affected by a prolonged slump in US manufacturing, partly driven by high borrowing costs, notes economist Perc Pineda.

11/06/2025

The 2025 WM Recycling Report has uncovered a troubling reality behind America's environmental aspirations: While three-quarters of Americans claim they recycle regularly, actual recycling rates tell a dramatically different story. Read the full story here:

WM study reveals 45-point gap between recycling intentions and actions, highlighting opportunities for engineering solutions in sustainability systems.

11/05/2025

There are many ifs, ands, or buts — not the least of which is the impact of tariffs, which have increased the cost of imported inputs and equipment — but the shift of current fiscal and monetary policies toward expansion could establish a runway for sustained and extended growth of the manufacturing sector over the long term, according to analysis from Plastics Industry Association Chief Economist Perc Pineda. https://bit.ly/43SADqw