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Growth in protective packaging

Protective packaging demand is projected to expand 4.6 percent per year to $5.2 billion in 2012, driven by manufacturing growth and the proliferation of Internet commerce.

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Pregis packaging acquires Rumanian company

Pregis Corporation, a leading international manufacturer, marketer, and supplier of protective packaging products and specialty packaging solutions, announced today that it has acquired all of the outstanding share capital of Petroflax S.A., for approximately $12.0 million in cash, including estimated direct costs of the acquisition.

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