TC Transcontinental Packaging invests $60 million to boost mono-material, recyclable flexible-packaging solutions
TC Transcontinental Packaging says its will invest $60 million toward development of cutting-edge, mono-material, recyclable, flexible plastic packaging solutions, providing high-performance polyethylene films with more heat resistance. In addition to a new innovative film line that will produce biaxially oriented polyethylene (BOPE), reportedly the first in North America, the investment includes ancillary equipment and a 120,000-sq-ft building expansion in TC Transcontinental Packaging’s Spartanburg, SC, facility (above).
“This new offering will be a game changer in TC Transcontinental's recyclability journey, demonstrating our commitment to distinguish ourselves and gain market share with innovative sustainable solutions for our customers,” says Thomas Morin, president and CEO of TC Transcontinental. “Our offering aligns with our customers’ desire to accelerate speed-to-market with recyclable products that also protect and preserve their contents throughout their lifecycle, in addition to creating a more circular economy for plastic.”
“Our investment in BOPE is a strategic decision that positions us to address sustainability shortcomings in existing offerings. This new equipment will advance the commercialization of recyclable film solutions to meet the challenging requirements of our different applications without sacrificing fill speed or performance,” adds Alex Hayden, senior vp-R&D, Innovation, Sustainability and ESG at TC Transcontinental.
This investment is well underway and is expected to be completed in FY 2024. TC Transcontinental Packaging has selected Brückner, a global leader in the field of film production and technology with an outstanding reputation for high quality and innovation, to supply equipment for this BOPE film line.