Tilley Company has acquired Ingredients Solutions, further expanding its current product portfolio of specialty chemicals and lubricants. This is the first acquisition of the Baltimore-based company, after forging a partnership with SK Capital in 2020. This new business will bring in a range of products created from renewable plants and algae, including its full line of hydrocolloid products for the food and beverage industry. The latter offerings are available in organic-allowed, natural and … [Read more...] about Tilley Company’s acquisition of Ingredients Solutions completed
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Closure Systems International launches tethered closure packaging for caps
The food packaging industry is making strides towards sustainability and saving the environment. The number of plastic present in nature is still growing at an alarming pace, with a lot of bottles and caps just thrown to waste. As a call to reduce plastic pollution, companies in the space have been innovating and reinventing their product portfolios. Closure Systems International Inc. (CSI), is one that has released its Twist & Flip® tethered closure design, a cap that stays on the bottle … [Read more...] about Closure Systems International launches tethered closure packaging for caps
Sang Shin is new Aloecorp Inc. President, CEO
Succeeding Kyeong (KS) Yoon, Sang Shin has been appointed as the new President and CEO of Aloecorp. He took over duties and responsibilities beginning August 1, 2021. He worked in Unigen, one of the sister companies in the ECONET group of companies since 2004 to support business expansion through accounting and finance activities. After 11 years, he transferred to ECONET Holdings. He spent the next three years as CFO, then another three years as the COO and president. He was in charge of … [Read more...] about Sang Shin is new Aloecorp Inc. President, CEO
