Monday, November 2, 2020
10:05 AM EST – CCL Industries Inc. : Announced plans for a strategic new capacity investment at its Innovia Films unit. A new six-metre multi-layer co-extrusion line will be installed at one of its continental European facilities to produce “Ecofloat” shrink films. This hybrid polyolefin film facilitates easy separation of labels from PET bottles and other types of plastic containers in the recycling process to enable bottle-to-bottle circularity, an important goal for global food and beverage brand owners. The capacity comes on line in early 2022 with most of the capital deployed in 2021. CCL Industries Inc. (T.CCL.B) shares were up $0.41 at 51.21.
Stocks in Play: CCL Industries Inc., Mon, 02 Nov 2020 10:15:01 EST