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Despite concerns regarding its rising volumes in dumping grounds, plastic will continue to remain the most preferred material for manufacturing rigid food containers.
The rigid food containers market will exhibit a CAGR of 4% from 2017-2022 and rise to a revenue opportunity of $80,000 million by the end of 2022, according to research from Future Market Insights, Valley Cottage, N.Y.
Demand for rigid plastic food containers is expected to increase 4.2% per year through 2022, to $7.7 billion, according to a study released by The Freedonia Group, Cleveland, Ohio.
Sonoco, Hartsville, S.C., renamed all of the former Weidenhammer Packaging Group (WPG) facilities to Sonoco Consumer Products Europe, effective Jan. 1, 2016.
Technical Help in Engineering and Marketing (T.H.E.M.), Marlton, N.J., and MULTIVAC, Kansas City, Mo., joined forces to launch Snapsil easy-open portion packs.
Rigid container supplier Berry Plastics Corp., Evansville, Ind., said it intends to acquire in excess of 99.99 percent of the common stock of plastic films supplier Pliant Corp., Schaumburg, Ill.