Back to top
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Dow Inc. (DOW) - free report >>
BASF SE (BASFY) - free report >>
We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Dow Inc. (DOW) - free report >>
BASF SE (BASFY) - free report >>
Image: Bigstock
Dow, Ring Container Tie Up to License PacXpert Technology
The Dow Chemical Company’s (DOW - Free Report) business unit -- Dow Packaging and Specialty Plastics -- announced that it will be collaborating with innovative packaging convertor, Ring Container Technologies, to license PacXpert Technologies.
The packaging is lightweight, which offers a fitment closure and integrated ergonomic dual handles for precision pouring, easy reclosing and convenient carrying. PacXpert Technology can be utilized for a number of household, institutional and industrial applications. Though the package is flexible, it can stand upright on its side.. The technology has also received various awards such as the SPE and Plastics Europe 2016 Innovation Award, R&D Magazine’s 100 Awards for the most significant inventions in 2015 and a Silver Edison Award in the Food and Beverage category.
PacXpert Packaging Technology is Dow’s global trademark for this technology.
The share price of the company rose 0.6% following the news and closed at $52.19 on Jun 16.
Recently, Dow also unveiled the new RecycleReady Technology which allows the recyclability of polyethylene-based barrier packaging, as part of existing grocery store drop-off recycling programs.
RecycleReady Technology is created in alliance with Sustainable Packaging Coalition (SPC) and other industry members. This technology helps the converters to create barrier pouches that provide more recyclable packaging options to consumers. The technology, which is a major advancement, enables the recycling of packaging for products like granola and nuts, which was not possible earlier in flexible packaging.
Dow Chemical currently has a Zacks Rank #3 (Hold).
Some better-ranked companies in the chemical space include Albemarle Corporation (ALB - Free Report) , BASF SE (BASFY - Free Report) and Akzo Nobel N.V. (AKZOY - Free Report) , all of them sporting a Zacks Rank #1 (Strong Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>