Updated — Milacron Holdings Corp. is exiting the Uniloy blow molding machinery business, 20 years after buying the operation — and it's for sale.
In a major plastics packaging deal, Sealed Air Corp. is acquiring Automated Packaging Systems Inc., a supplier of automated bagging systems and pre-opened bags on a roll, for $510 million.
Three more states have passed laws in recent weeks preventing local governments from banning or taxing plastic or other packaging. Industry supports such efforts, but they're meeting with resistance from cities saying it hurts their ability to deal with what they see as increasing plastic pollution. It's a debate over both environmental policy and government powers.