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    TriMas Packaging Selected To Partner With Leading Food And Beverage Brands

    12/13/23 11:02:52 AM ET
    $TRS
    Industrial Specialties
    Industrials
    Get the next $TRS alert in real time by email

    Leveraging Expertise and Innovation of Tethered Caps to Drive Success

    TriMas (NASDAQ:TRS) today announced that its TriMas Packaging group continues to remain at the forefront of innovation, consistently developing new packaging solutions that address customer challenges and improve overall consumer experiences. Through close collaboration with customers and the development of new innovative tethered cap designs, TriMas Packaging continues to win new business awards from both existing and new customers globally.

    TriMas Packaging group's Affaba & Ferrari™ business continues to actively collaborate with customers in the food and beverage end market in Europe, adding new and innovative solutions to its expanded portfolio of tethered caps, which are a sustainable enhancement to traditional closure designs. The latest addition to its lineup of tethered caps includes a 38mm sports drink tethered cap designed for Coca-Cola, a leading, multinational beverage manufacturer, set to launch and ramp up in mid-2024. Affaba & Ferrari's new tethered closure is designed to remain attached to the bottle, preventing unintended environmental waste and increasing the ease of recyclability, while providing consumers with a positive consumption experience. The cap features a wide opening angle for easy access to the beverage and convenient on-the-go drinking.

    Additionally, Affaba & Ferrari secured a new application win with Granarolo, a leading Italy-based dairy supplier, with the release of its lightweight tethered cap designed specifically for milk-based products, including high-temperature pasteurized milk. The 38mm tethered closure features a lightweight design made with significantly less polymer while offering a wide opening angle for convenient access to the product.

    "Innovative packaging design is key to growing TriMas by helping our customers meet their sustainability goals, addressing ever-evolving regulatory and market demands and delivering practical and functional solutions," commented Thomas Amato, TriMas President and Chief Executive Officer. "As a leading manufacturer of closure and dispensing solutions within the food and beverage sector, our TriMas Packaging group recognizes this responsibility and remains committed to leveraging our expertise and innovation to drive positive change and actively contribute to a more sustainable future."

    The European Union's Single-Use Plastics Directive (EU Directive 2019/204) requires all single-use beverage containers up to three liters in size to have closures that remain attached to the container by July 2024. Addressing this regulatory directive, Affaba & Ferrari offers a wide range of tethered closure solutions manufactured in an aseptic environment and tailored to meet the specific requirements of individual products and brands.

    Get the next $TRS alert in real time by email

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