Flexible packaging specialist StarPak is now poised to offer the distinctive, multi-faceted PacXpert™ Packaging Technology through a new licensing agreement with Dow. As a licensee, the privately-owned packaging manufacturer is driving adoption of the innovative technology with its customers in North America and Latin America.
StarPak plans to utilize Dow’s PacXpert™ Packaging Technology in various applications in the future, enabling customers to transition to flexible, lightweight and collapsible stand-up pouches which have the ability to hold liquid and solid material.
StarPak’s pipeline of potential customers will enable the company to quickly invest in machinery to manufacture these PacXpert™ pouches.
“We’re an agile company, able to quickly combine innovation with technologies like Dow’s PacXpert™ Packaging Technology to help our customers meet whatever the market demands,” said Michael S. Ukropina, CEO of StarPak. “Dow’s curiosity, collaborative approach and continuous R&D complement how we operate, and we look forward to working together to optimize PacXpert™ Packaging Technology for our customers.”
The two companies finalized the PacXpert™ license agreement after coming together for an Innovation Day at Dow’s Pack Studios facility in Freeport, Texas, where Dow brings together a global network of packaging specialists, equipment and testing to accelerate the development of improved packaging.
“We’re committed to partnering with StarPak for the long term,” said Fabrice Digonnet, global leader for PacXpert™ Packaging Technology at Dow. “This agreement builds on Dow’s global network of PacXpert™ licensees, demonstrating a shared commitment to developing better, more sustainable packaging solutions for a wide range of applications.”
About StarPak
StarPak is a fully-integrated, premier printer and leading global supplier of high-quality flexible packaging products. Through the use of the latest technologies, their highly experienced and innovative team is dedicated to producing high performance products with the lowest possible carbon footprint. StarPak sets the standards in the flexible plastic industry with a solid reputation as a customer-driven organization and commitment to innovation and sustainability. For more information, visit www.starpakltd.com.
About Dow Packaging and Specialty Plastics
Packaging and Specialty Plastics (P&SP), a business unit of Dow (NYSE: DOW), combines core strengths of R&D, worldwide reach, broad product lines and industry expertise to deliver high performing technologies for end use markets in food packaging, personal hygiene, infrastructure, consumer goods and transportation. P&SP is one of the world’s largest producers of polyethylene resins, functional polymers, and adhesives, and is a leading innovator and collaborator across the value chain on sustainable application development and circular economy life-cycle design for plastics.
About Dow
Dow (NYSE: DOW) combines one of the broadest technology sets in the industry with asset integration, focused innovation and global scale to achieve profitable growth and become the most innovative, customer centric, inclusive and sustainable materials science company. Dow’s portfolio of performance materials, industrial intermediates and plastics businesses delivers a broad range of differentiated science-based products and solutions for our customers in high-growth segments, such as packaging, infrastructure and consumer care. Dow operates 113 manufacturing sites in 31 countries and employs approximately 37,000 people. Dow delivered pro forma sales of approximately $50 billion in 2018. References to Dow or the Company mean Dow Inc. and its subsidiaries. For more information, please visit www.dow.com or follow @DowNewsroom on Twitter.
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Jennifer Varadi
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Bobby Jones
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rjones@golin.com