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SOMERVILLE, NJ Tekni-Plex, Inc. has announced that it has signed a long-term licensing agreement with Tokyo-based Sun A. Kaken, one of Japan's leading film converters and laminators. The announcement was made by Michael Franklin, International Vice President of Tekni-Plex.
As part of the terms of the agreement, Tekni-Plex will provide Sun A. Kaken with high barrier film lamination technology and expertise, plus the right to use the Tekni-Plex and Tekni-Films trademarks in the Japanese market. "Tekni-Plex is the first western company in the high barrier films business to have a direct presence in this all-important market," said Franklin. "This gives us an unparalleled opportunity to serve the local multinational companies based in Japan. "We have seen the growing need to serve this market based on recent experiences with global product launches from the area, coupled with the importance of being able to meet the extremely high standards of the Japanese medical and pharmaceutical industries," Franklin said. "We think this agreement will greatly benefit both companies." Tekni-Plex, Inc. is a global, diversified manufacturer of packaging, products, and materials for the healthcare, consumer, and food packaging industries. Tekni-Plex is a privately held company with 31 manufacturing facilities and approximately 3,000 employees worldwide.
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