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The company was founded in 1959 by the consolidation of three companies and was eventually acquired by Tenneco in 1965. [4] In November 1995, the company's name was changed to Tenneco Packaging Inc.; in 1999, a new entity re-established the name Packaging Corporation of America
In the 2000s, it started shifting away from custom manufacturing and towards labels and packaging; in 2005, it sold its custom manufacturing business to KCP Income Fund for $256 million. [7] In 2006, it sold its interest in ColepCCP, a European custom manufacturing joint venture with Portuguese company RAR , for $140 million. [ 8 ]
Those companies bear little resemblance to the company today, as they operated paper mills that exclusively produced cardboard boxes. Tenneco Inc. purchased PCA in 1965, and during the next 34 years the company undertook a number of acquisitions, including the acquisition of Mobil Plastics Company in 1995 and Amoco Foam Products Company in 1996 ...
The paper tubes market is forecasted to grow at a 5.0% CAGR from 2021 to 2031. Increasing environmental concerns are driving the shift from plastic to paper-based packaging. Technological advancements in manufacturing are leading to improved product durability and customization.
A heavy duty composite paper tube. The layers of spiral-wound paper used in its construction are visible. This type of heavy tube is also used as a core for wrapping roll goods. Long corrugated box, square cross section Paperboard tubes. A shipping tube, mailing tube, or cardboard tube is a shipping container used to ship long items. It is ...
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