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Japan's Toppan completed the acquisition of an 80% stake in Irplast SpA, a polypropylene film and label producer based in Empoli, Italy, through its Indian subsidiary Toppan Specialty Films, with the remaining 20% kept by management.
TOPPAN Speciality Films agreed to acquire 80% of the shares of Irplast S.p.A., an Italian maker of BOPP packaging films, labels and print tapes, with completion planned for April to June 2025.
Orkla launched chips packaging made with certified renewable polypropylene from SABIC's TRUCIRCLE portfolio, converted into BOPP film by Irplast. The partners say the solution halves the carbon footprint of their value chain compared with traditional plastics.