Additional capacity at plants in U.K., Germany and Poland will support demand for high-performance films made with recycled content.

SIG took over the production of spouted pouch packaging for the Chamyto brand yogurt line in 2024.

The two companies will leverage combined fiber and film-based materials science expertise to create environmentally friendly flexible packaging products.

In 2023, the flexible packaging industry saw positive developments despite challenges for some firms. Sonoco achieved record profits, TC Transcontinental maintained stable revenues and increased earnings, and Winpak benefited from lower raw material prices, improving profit margins. The industry's consolidation trend was also evident in the Top 25 converters list for the year.

It’s not that business stopped with the onset of the COVID-19 pandemic, but thanks to medical advances, this year’s top 25 converters were able to take things out of idle and put it back in drive.

It takes foresight to know when a company needs to diversify its offerings. In 2012, TC Transcontinental, a Canadian printer began searching for new ways to expand its business.

C-P Flexible Packaging has acquired Flexo Transparent, a premier custom plastic manufacturing and printing solutions provider, from ORIX Mezzanine & Private Equity and Sidereal Capital Group.