Avery recognizes Wacker

2nd annual supplier awards

8
Avery
L – R: Daniele Borlatto, executive vice president and president of Release Liners at Munksjö; Pascal Braker, commodity leader, Chemicals Europe; Wacker executive board member, Auguste Willems; and Sjaak Elmendorp, vice president Innovations at Avery Dennison. Photo Avery Dennison

The labelstock and packaging manufacturer Avery Dennison recently recognized Munich based chemical company Wacker and a number of other pressure-sensitive industry suppliers at its second annual supplier awards ceremony in Oegstgeest, Netherlands.
Wacker and the Swedish specialty paper manufacturer Munksjö were awarded in the category ‘Best Supplier Sustainability’ for their joint efforts in the development of a low-platinum solution for silicone release liners. Silicone coatings ensure that self-adhesive labels can be easily separated and applied.

At this year’s award ceremony, Avery Dennison honoured a total of nine suppliers. The selection was based on the supplier’s performance in areas such as sustainability, innovation, service, overall value and quality. The Best Supplier Sustainability award went to Wacker and Munksjö. Both companies demonstrated leadership and action to align with Avery Dennison’s sustainability policy. It demands the use of responsibly sourced materials, compliance with third-party verification processes and a clear commitment to innovation and continuous improvement.

Over the past 20 years, Wacker has developed into a leading supplier for the US labelstock manufacturer. “The Avery Dennison award shows that sustainability is playing an increasingly important role for our customers. By consistently developing our Dehesive silicones further, we have succeeded in continuously improving the sustainability and cost efficiency of release coating formulations,” said Auguste Willems, Wacker executive board member. “That’s why we see this award as an incentive to develop solutions for our customers that meet growing market requirements and set standards in terms of efficiency and sustainability.”

Packaging South Asia — resilient, growing and impactful — daily, monthly — always responsive

The multi-channel B2B in print and digital 17-year-old platform matches the industry’s growth trajectory. The Indian, South Asian, Southeast Asian, and Middle East packaging industries are looking beyond the resilience of the past three years. They are resuming capacity expansion and diversification, with high technology and automation in new plants and projects.

As we present our 2024 publishing plan, India’s real GDP growth for the financial year ending 31 March 2024 will exceed 6%. The packaging industry growth will match the GDP growth in volume terms and surpass it by at least 3% in terms of nominal growth allowing for price inflation in energy, raw materials, consumables, and capital equipment.

The capacity for flexible film manufacturing in India increased by 45% over the past four years. With orders in place, we expect another 20% capacity addition in 2024 and 2025. Capacities in monocartons, corrugation, aseptic liquid packaging, and labels are growing similarly. As the consumption story returns over the next six months, we expect demand to return and exceed the growth trajectory of previous years. The numbers are positive for most of the economies in the region – and as shown by our analytics, our platform increasingly reaches and influences these.

For responsible and sustainable packaging, with its attendant regulations and compliances, there is significant headroom to grow in India and the region. Our coverage includes the entire packaging supply chain – from concept to shelf and to waste collection, sorting, and recycling.

We target brand owners, product managers, raw material suppliers, packaging designers and converters, and recyclers. This is a large and complex canvas – the only thing that can work is your agile thinking and innovation together with our continuous learning and persistence.

The coming year looks to be an up year in this region, and this is the right time to plan your participation and marketing communication – in our rich and highly targeted business platform with human resources on the ground. Share your thoughts and plans to inspire and mobilize our editorial and advertising teams!

For editorial info@ippgroup.in — for advertisement ads1@ippgroup.in and for subscriptions subscription@ippgroup.in

– Naresh Khanna (25 October 2023)

Subscribe Now
unnamed 1

NEWSLETTER

Subscribe to our Newsletter

LEAVE A REPLY

Please enter your comment!
Please enter your name here