14 August 2013 - US rigid packaging specialist Silgan Holdings Inc (NASDAQ:SLGN) unveiled a USD266m (EUR201m) deal to buy
plastic closures maker Portola Packaging Inc.
Synthetic wine corks, spray pumps, caps for deodorant rollers, caps for tubes, and other closures are typically only small parts, but are altogether a noticeable growth market: More than 200 billion
plastic closures were sold throughout Europe in the past year, 60 billion more than at the start of the decade.
US plastic and packaging goods maker Silgan Holdings (NASDAQ:SLGN) has acquired Ipec Global, a manufacturer of
plastic closures for the dairy and juice markets.
IPEC is a
plastic closure manufacturer that serves primarily the North American dairy and juice markets.
Flip Lid and StrapBand meet the requirements of the single-use plastics (SUP) regulation in Europe, that introduced design requirements to connect caps to bottles, thereby increasing the number of closures which are collected and recycled, and the AB 319 California proposal in the US, which intended that
plastic closures remain attached to containers.
Plastic Closures had an estimated revenue of PKR 2.7bln in FY18.
The company supplies metal containers for food and general line products; metal and
plastic closures and dispensing systems for food, beverage, health care, garden, personal care, home and beauty products; and plastic containers for shelf-stable food and personal care products.
Berk Company, LLC, Silgan
Plastic Closures Solutions, RPC.M&H Plastics.
Dara designed the NFL/2-RDL to seal vials with ARaymondlife's patented RayDyLyo caps-re-assembled
plastic closures that feature a rubber stopper within the cap to minimize the "pop-off" effect and eliminate the risk of stoppers adhering to freeze dryer plates.
That's why
plastic closures work really well, because you can consistently press all the way around the circumference of the finish.
These
plastic closures, made from high density polystyrene , are used to 'purchase' wheelchairs for people who are unable to afford but need them