KHS reports annually on its sustainability achievements
Packaging South Asia
by PSA Desk
11h ago
From the establishment of a central system of sustainability management through consistent resource conservation in the product portfolio and concepts for autonomous energy management to fair and appreciative cooperation: these and other issues are the subject of the 2023 sustainability report recently published by the KHS Group, a leading manufacturer of filling and packaging systems for the beverage and liquid food industries.  The key focus is on the company’s reduction in greenhouse gas emissions and, in this context, participation in the Science-Based Targets initiative (SBTi) – toge ..read more
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Dashmesh Foils expands with a Nova A5 Flexo Press
Packaging South Asia
by Aayush Pandey
11h ago
Based in Faridabad, Dashmesh Foils, a provider of wrap-around and shrink labels, recently expanded its production portfolio with the installation of a Nova A5 multi-substrate flexo press from Alliance Printech with 450 mm in width. Traditionally a gravure press user, the company provides PVC shrink labels and sleeves, BOPP wrap-around labels, foil lids, laminated pouches, self-adhesive labels, and stickers. The company, which was established in the year 2000, has a strong grip on the dairy and beverage market, supplying packaging across India, Recently, it has ventured into the export market ..read more
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Flexo Image Graphics partners with DYM Machinery
Packaging South Asia
by PSA Desk
11h ago
Flexo Image Graphics, a distributor & service provider of flexo presses and associated equipment in the packaging & printing industry (especially for the labels and narrow web flexo segment) in the Indian subcontinent, has announced its partnership with DYM Machinery. This partnership expands FIG’s product line with DYM non-stop roll changing solutions that address significant waste control and other benefits in improving print quality and productivity. Gourav Roy, managing director, Flexo Image Graphics, remarks, “With our collaboration with DYM, we now can provide advanced solutions ..read more
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Ultimate Tech and Omikai’s ‘automation in overdrive’
Packaging South Asia
by PSA Desk
14h ago
Omikai, a provider of MIS solutions for the print and packaging industries, and Ultimate Tech, a provider of frontrunner in advanced imposition, nesting and finishing automation technologies, have announced a strategic partnership. By combining print business intelligence with production intelligence to drive future revenues and opportunities, this collaboration will unveil “Automation in Overdrive”, an end-to-end automation system designed to elevate production efficiency. The innovative offering will be showcased at drupa, taking place from 27 May to 7 June in Düsseldorf, Germany, in Hall 8b ..read more
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AGI Greenpac’s EBITDA grows 21% y to ₹588 crore in FY24
Packaging South Asia
by PSA Desk
1d ago
AGI Greenpac Limited, a focused packaging products company, has announced its financial results for the fourth quarter and year ending March 31, 2024.   In FY24, the company reported revenue from operations of ₹2421 crore, compared to ₹2281 crore in FY23, registering a growth of 6% on a y-o-y basis. The company delivered EBITDA of ₹588 crore over ₹488 crore last year, registering a growth of 21% on a y-o-y basis with a margin of 24%.  The company’s PBT stood at ₹340 crore, compared to ₹304 crore in FY23, registering a growth of 12% on y-o-y basis. The company made investments to ..read more
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UPM Raflatac unveils carbon action labels
Packaging South Asia
by PSA Desk
2d ago
According to the UN, only 15% of the sustainable development goal targets are on track. In September 2023, UPM joined the UN Global Compact Forward Faster initiative to accelerate this pace. To demonstrate its commitment to the climate action initiative and help its customers reduce the carbon footprint of their packaging materials and drive action, UPM Raflatac has announced the launch of its carbon action plastic labels portfolio. From 30 April 2024, the first products offered under the carbon action portfolio will be available to customers in EMEIA and the Americas. Further products are pla ..read more
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Guala Closures to acquire Astir Vitogiannis
Packaging South Asia
by PSA Desk
2d ago
Guala Closures has announced that it has signed an agreement to acquire Astir Vitogiannis Bros, a leading manufacturer of crown closures. Astir manufactures over 12 billion closures annually and in the year ended 2023 generated a turnover of 75 million Euros and an EBITDA of 19 million Euros. Established in 1953, Astir has two production plants in Greece and South Africa and a strong international presence. Its blue-chip clients include major international producers in both the beer and non-alcoholic beverage industries. Stelios Vitogiannis, CEO of Astir (and the founder’s grandson) will remai ..read more
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Slow progress at Ottawa plastics treaty meet
Packaging South Asia
by Nilutpal Thakur
2d ago
The fourth session of the Intergovernmental Negotiating Committee (INC-4) for a legally binding global plastics treaty concluded in Ottawa on 29 April. The disappointing news is that no definitive decisions were taken. The ray of hope is that there were debates and discussions on primary plastic polymers, reuse, recycling, and chemical concerns. The fifth meeting will be held in Busan, South Korea, in November. Spearheaded by Peru and Rwanda, more than 50 countries endeavored to encompass the entire lifecycle of plastic in the treaty. Oil and plastic-producing nations, just as in the previous ..read more
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Uteco’s new OnyxRace CI flexo at drupa24 – Hall 10-Stand A02
Packaging South Asia
by Naresh Khanna
2d ago
At drupa Uteco will launch the fourth CI flexo press in its Onyx series first introduced with the Onyx in 2022, followed by the Onyx XS and Onyx Go presses in 2023. The OnyxRace is the widest and fastest press and hence most productive in the series with a maximum speed of 600 meters a minute and a maximum width of 1650 mm meant for medium and long runs. It is available in 8 and 10-color configurations and with two different repeat ranges – one version features a maximum print repeat of 850 mm, while the second version goes up to 1200 mm. The O ..read more
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Avery Dennison expands Pure Line portfolio with five products
Packaging South Asia
by PSA Desk
2d ago
Avery Dennison has announced the addition of five products to its Pure Line portfolio — AD Midas Flagtag U9 Pure, AD Dogbone U9 Pure, AD Belt U9 Pure, AD Web U9 Pure and AD Miniweb U9 ETSI Pure. Launched in September 2023, the AD Pure range is a portfolio of inlays and tags that are entirely PET plastic-free. According to the company, the inlays and tags are ideally suited for global apparel, retail, industry, and supply-chain applications. They are compact and perform excellently on difficult-to-tag or low-detuning materials such as cardboard and plastic. Through innovative antenna manufactur ..read more
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