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Hellaby Holdings buys PPL Corp

film  environment 
Investment company Hellaby Holdings' subsidiary Elldex Packaging will buy Wellington-based manufacturer and importer of plastic packaging PPL Corporation.

PPL specialises in the supply of low-density plastic packaging materials for the meat, horticultural, timber and retail sectors.

Hellaby chief executive John Williamson said that PPL's core business of low density polyethylene packaging fitted with the existing Elldex product range and would complement Elldex Packaging.

"The PPL business has a strong position in key niche categories in the New Zealand packaging sector. We believe we can continue to grow PPL as part of a wider Hellaby packaging business," he said.

PPL was established in 1991 and has been a key supplier and manufacturer of flexible plastic products, polyethylene (plastic) bags and packaging solution to the New Zealand market.

Its range of imported and manufactured specialty custom printed plastic products include refuse sacks and waste bags, foils and wraps, printed singlets, garden waste sacks kitchen tidy liners, custom made roll film, carton liners ,perforated bags on a roll, eco friendly - degradable bags and reclose and minigrip bags

PPL Corporation has three sales offices in Auckland, Wellington and Christchurch.

Meanwhile, Elldex which was established just over ten years,has become a leading supplier of packaging to the Australasian retail market, providing a multiplicity of carry bags for blue chip brands.

The company has joined the New Zealand Packaging Accord and last year began manufacturing a degradable plastic bag produced under a licensing agreement with EPI, using a starch-based additive to bond the plastic.

As part of that commitment, Elldex's manufacturing facilities are licensed by global environment technology company EPI to manufacture plastic bag products that are totally degradable.

It has introduced a special "Total Degradability" mark which appears on every plastic bag manufactured by Elldex, with the EPI additive.

The company says it expects the Total Degradability mark to become an icon recognised by Australasian consumers as a symbol of planet-friendly packaging.

 


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