Verstraete IML plans to “significantly expand” its market presence in North America. Prior to the sale, Verstraete was planning an additional production site in Clarksville, TN, belonging to a sister company of Constantia Flexibles. “However, as soon as the sale of Constantia Labels was announced, we put these plans on hold,” commented Verstraete.

Success stories at the seminar included the biodegradability of proprietary bioplastic material; biopolymer solutions for sustainable agriculture; and a method for measuring biodegradation in compost, fresh and waste waters, soil, and marine environments.

The global blow-molded plastics market grew from $89.39 billion in 2022 to $92.93 billion in 2023 at a compound annual growth rate (CAGR) of 4.0%. The blow-molded plastics market is expected to grow to $108.75 billion in 2027 at a CAGR of 4.0%, according to a report published in February by Reportlinker. The market consists of sales coveringcompound blowmolding and compression blowmolding.

Following the acquisition by Multi-Color, Verstraete conducted a joint study and moved its expansion plans to a building belonging to Multi-Color in Batavia, near Cincinnati.

Major types of blow-molded plastics are polypropylene, acrylonitrile butadiene styrene (ABS), polyethylene, polystyrene, polyvinyl chloride PVC, PET, and others. Polypropylene (also known as propane or propylene) is a tough, rigid, crystalline thermoplastic derived from the monomer propane or propylene.

Companies are investing in research and development to produce new industrial plastics to keep up with market competitiveness and meet evolving end-user demands.

Dieter Maes, Business Development and Marketing Manager for Verstraete IML, commented: “The location suits our clients better and Cincinnati is a large metropolis. In this way, we hope to attract the right staff more easily. The only disadvantage is that this means a delay to the opening of the new production site in North America by a few months.”

In October 2021, Recycler EFS-plastics Inc., a Canada post-consumer plastics recycler with a focus on processing bales of low-value plastics, acquired Exi-Plast Custom Moulding for an undisclosed amount. Through this acquisition, EFS can directly manufacture finished products with high levels of post-consumer recycled plastic for its customers. Exi-Plast Custom Moulding is a Canadian company that provides custom plastic molding services, particularly in blow-molded solutions for designers, manufacturers, and distributors.

Verstraete added, “We plan to be operational in the second quarter of 2018 rather than at the end of 2017, as originally planned. We are already looking forward to informing our clients in North and South America in detail about our U.S. production site during NPE in May 2018.”

“We believe there is a promising future for Verstraete IML with our new partner MCC,” said Verstraete. “Multi-Color Corp. is entirely focused on labels and, therefore, fits our core activity perfectly. Furthermore, MCC has 70 operational sites worldwide. That gives us opportunities to increase our global presence. In addition, at Verstraete IML our strength lies in injection molding and thermoforming IML, while MCC is big in blowmolding IML. By combining our technological know-how we are able to create new opportunities. Last but not least, MCC is a U.S.-based group and America remains an important growth market for IML.”

Asia-Pacific was the largest region in the blow-molded plastics market in 2021 and is expected to remain the largest through the forecast period.

Producing hollow plastic products from thermoplastic materials is a quick manufacturing solution and offers versatile products with broad industrial appeal. Markets include food suppliers, medical and pharmaceutical companies, and others.

Polypropylene is used in a variety of applications, including plastic packaging, machinery and equipment parts, and fibers and textiles. Extrusion, injection, and stretch are the various technologies used in blowmolding plastics for packaging, consumables, electronics, automotive and transport, building and construction, medical, and other applications.

Until she retired in September 2021, Clare Goldsberry reported on the plastics industry for more than 30 years. In addition to the 10,000+ articles she has written, by her own estimation, she is the author of several books, including The Business of Injection Molding: How to succeed as a custom molder and Purchasing Injection Molds: A buyers guide. Goldsberry is a member of the Plastics Pioneers Association. She reflected on her long career in "Time to Say Good-Bye."

For instance, in 2020, Comar, a US manufacturer and designer of innovative plastic solutions, announced locating a custom facility in Rancho Cucamonga, CA. The 230,000-square-foot facility is Current Good Manufacturing Practice regulation (cGMP)-compliant, ISO 13485-certified, and FDA-registered, with dedicated injection blowmolding, injection-stretch blowmolding, and injection-molding cells.

For the packaging sector, AIMPLAS presented results of projects that included biodegradable barrier packaging made from food waste, plastic film derived from coffee waste, active packaging that extends the shelf life of cheese and is made from cheese-industry waste, and cartridges for 3D food printing.

The new facility offers a full-service mold prototyping lab as well as a specialized mold sample and development machine, allowing customers to quickly move from concept through design, prototype, and full production.

It has been a year of change and forward motion for Verstraete IML, a global supplier of in-mold labels headquartered in Maldegem, Belgium. According to company owner Koen Verstraete, in 2017 the company “saw growth” and continued to “invest significantly” in its Belgian production sites in order to increase capacity and reduce lead times for the company’s global customers. Meanwhile, at the end of October, parent company Constantia Flexibles announced the sale of its labels division, which includes Verstraete IML, to Multi-Color Corp. (MCC; Batavia, OH).