Avery Dennison Corporation
) has expanded its Prime Film Portfolio of biaxially-oriented
polypropylene (BOPP) films with the addition of four new
facestocks. The new BOPP films with a Bleached Glassine (BG)
liner are available in white, clear and metalized options.
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Avery's Prime Film Portfolio is an engineered line of films
specially created for the specific marketing and containers
requirements of food, beverage and home and personal care
segments. All of the products are constructed with the company's
S7000 adhesive, which reportedly delivers excellent clarity,
conformability and productivity for high-speed converting.
Additionally, the adhesive delivers 50% less ooze than
competitive products, reducing adhesive contamination and clean
The Prime Film Portfolio films offer excellent converting and
dispensing performance to food firms and their packaging
partners. These films feature a range of properties that remove
darts and wrinkles in high-speed dispensing environments and
challenging packaging formats.
The new BOPP film constructions, which have a unique combination
of properties such as better shrinkage, stiffness, transparency,
sealability, twist retention and barrier, are suitable for rigid
containers. It also delivers greater shelf and brand appeal.
Avery, which belongs to the office supply, labeling and packaging
industry along with
CompX International Inc.
A.T. Cross Company
United Stationers Inc.
), recorded total revenues of $1.1 billion in its
Pressure-sensitive Materials segment in first-quarter 2013.
Revenues were up 3% year over year driven by a low single-digit
sales increase in Label and Packaging Materials, while sales for
Graphics, Reflective and Performance Tapes increased slightly.
Avery continues to deliver healthy organic growth in both the
core segments Pressure-Sensitive Materials and Retail Branding,
and Information Solutions. With the divestiture of the
underperforming Office and Consumer Products unit, the company
will be able to focus on these core segments and improve its
Pasadena, Calif.-based Avery manufactures pressure-sensitive
materials, tickets, tags, labels and other converted products.
Avery has over 200 manufacturing and distribution facilities
across more than 60 countries.
Avery currently retains a Zacks Rank #3 (Hold).