The Dow Chemical Company
) announced that it has won the flexible packaging converter,
Ampac, as the first licensee of its PacXpert packaging technology
in North America. Ampac will be authorized to produce packages
enabled by PacXpert Technology and will market the packages among
its customer base under the Ampac CubePak name.
PacXpert packaging technology is a global trade name for Dow
Chemical's innovative packaging solution licensed by Smart Bottle
Inc. It is an innovative technology that enables transition from
larger conventional containers to flexible packaging options. The
distinctive flexible stand-up pouch is durable, lightweight and
cost effective. Moreover, the cube shaped package is shelf stable
and can stand equally well upright or on its side. The transparent
packaging enables consumers to see the contents and hence allow
them to print on all four sides.
The PacXpert Technology has the potential for use in various
household, institutional, food service and industrial applications
including liquids and dry good products. It also provides a number
of environmental benefits that help to reduce content waste by
allowing consumers to achieve better product yield, and requires
less raw materials during the manufacturing process when compared
with rigid packaging alternatives.
PacXpert Technology also removes Just In Time (JIT) delivery of
rigid containers, augmenting shipping and warehouse organization
and thus reducing carbon dioxide emissions. When filled, the
pouches form into a cube improving pack density.
With this technology both Dow Chemical and Ampac can offer
sustainability benefits and convenience to its customers.
Dow Chemical is a Zacks Rank #3 (Buy) stock.
Some better ranked stocks in the chemical space include
Compass Minerals International Inc.
Eastman Chemical Company
Koninklijke DSM N.V.
). While Compass Minerals sports a Zacks Rank #1 (Strong Buy),
Eastman Chemical and Koninklijke DSM have a Zacks Rank #2 (Buy).
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