Packaging solutions provider Parkside has partnered with Australian firm PA Packaging Solutions and US-based The Platinum Packaging Group, in a bid to expand its business operations.
Under the deal, both firms will market Parkside’s Parkscribe laser technology, which will be used to create reclosable packs and Park-2-Nature compostable products.
The deals allow UK headquartered Parkside to provide its products effectively to the customers in the US, Australia and China.
As per recent Smithers Pira report, the global flexible packaging market is projected to grow 3.4% per annum to 2020 with sales to reach $248bn by 2020.
Parkside sales director Paula Birch said: “With consistent growth in 2016, Parkside is paving the way for packaging innovation. The company is going from strength to strength and this move is the latest in the ongoing re-shaping of our business as a global speciality FMCG packaging provider.
“The diversity of our products is a real strength for Parkside and we are extending our reach to provide these innovative and market leading services on a global scale. These collaborations have the potential for high volume opportunities. It’s exciting times at Parkside.”
Earlier this month, Parkside expanded its sustainable packaging range with the launch of a biscuit pack made from eucalyptus trees.
The company worked with food firm Rhythm 108 to develop a pack for its Ooh-la-la tea biscuits made from sustainable sources.
The new product has NatureFlex, a bio film, that is extracted from the wood pulp of eucalyptus plantations across Brazil.
The Ooh-la- la tea biscuits pack has a three layer structure made from paper, metalised NatureFlex and bio polymer sealant web.
With manufacturing facilities in the UK and Asia, Parkside provides flexible packaging solutions to the food and drink, medical, pharmaceutical, household and personal care industries.
