Kimberly-Clark expands sustainability goals for contract partners
Kimberly-Clark, parent of Kleenex, Huggies and other household-name brands, announced a new set of sustainability goals that affect the company as well as those it does business with – including co-packers. The goals are part of "Sustainability 2015," the company's most ambitious and challenging sustainability strategy to date.
These programs at K-C were primarily focused on environmental performance at K-C's operations, Anne Marie Mohan, Editor of our sister media outlet Greener Package, explains. The new goals are based on a much broader "People, Planet, and Products" framework. For example, in the area of "people," in addition to targeting zero workplace fatalities and promoting socially focused programs, the company expects 100% compliance to K-C social standards for contract manufacturers and top-tier suppliers." Compliance will be reinforced by measurements and benchmarking.
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2011 Healthcare Packaging Market to Hit $87.3 billion
Countries continue to invest in healthcare development, leading to correspondingly strong demand for packaging, according to our friends at Healthcare Packaging in the story, "Global healthcare packaging market to reach $87.3 billion this year," according to a study titled, "The Healthcare Packaging Market 2011-2021." The study forecasts that the global healthcare packaging market value will reach $87.3 billion this year. Longer term, consumer preferences and environmental concerns will drive innovation to create new opportunities. The research firm, Visiongain, also separately released reports forecasting global business trends in consumer goods packaging; food and drink packaging and additional reports on plastic, paper and metal packaging.
Generic Drugs to Hit $1.1 Trillion by 2015
Speaking of healthcare market dynamics: Global spending on generic drugs is set to rise to 39 percent of all pharmaceuticals by 2015 to reach nearly $1.1 trillion. That's roughly double generics' share from about five years back, but represents a slowing compound annual growth rate of 3 to 6 percent over the next five years vs. the 6.2 percent annual growth seen over the past five years. Lower U.S. spending growth, patent expiries in developed markets, emerging markets and global policy are covered in a new, downloadable study by IMS Institute for Healthcare Informatics.
Loose Lips Sink Contracts
Didja hear? A court in Shenzhen, China fined and sentenced two employees of Foxconn, the giant Chinese contract electronics manufacturer, to jail for leaking information on the iPad 2 tablet.
Concerned? Fret not. Contract Packaging is on the case. Part Two of our series on Confidentiality Law will appear in our upcoming July/August print edition, penned by Megan Mathias and Jeffrey Hechtman, attorneys with Chicago law firm Horwood Marcus & Berk. And in case you've neglected to subscribe and devour every page of Contract Packaging magazine, we've got Part One, from our March/April print edition, on the Web, too: "Identify and protect confidential information."
Thermoforming Sales Veep's Southwestern Switcheroo
On Tuesday, June 14, Flexpak Corp., a Phoenix-based custom thermoforming and contract packaging firm for medical, food, electronics and consumer goods, announced that it hired Christina Perkins as vice president of sales for its southwest region. The move follows 12 years managing the western U.S. region for the Alloyd Brands division of another thermoforming co-packer, Tegrant.