Plastipak

Produces sustainable plastic packaging solutions

Plymouth Township, Michigan, United States

About Plastipak

Plastipak specializes in producing plastic packaging solutions, particularly lightweight PET bottles, using advanced hot fill injection blow molding technology. This process creates durable packaging suitable for various liquid products, ensuring they remain shelf-stable. The company stands out from competitors by focusing on sustainability through its "bottle to bottle" recycling approach, which transforms used bottles into new ones, significantly reducing waste. Plastipak's goal is to provide custom packaging solutions tailored to the needs of its diverse clients, ranging from large corporations to smaller businesses, while also enhancing operational efficiency through its global recycling centers and logistics services. The company is committed to innovation, with dedicated centers for developing new packaging technologies.

Plymouth Township, MichiganHeadquarters
1967Year Founded
DEBTCompany Stage
Food & Agriculture, Industrial & Manufacturing, Consumer GoodsIndustries
1,001-5,000Employees

Benefits

Relocation Assistance

Risks

Leadership transition as CEO William C. Young steps down may cause strategic shifts.
Patent litigation risks, highlighted by the 2020 lawsuit against Premium Waters.
Increased competition in the plastic aerosol packaging market from major players.

Differentiation

Plastipak leads in sustainable packaging with its 'bottle to bottle' recycling approach.
The company offers custom packaging solutions tailored to diverse client needs globally.
Plastipak's innovative SprayPET Revolution is a fully recyclable, metal-free aerosol container.

Upsides

Growing demand for sustainable packaging boosts Plastipak's market position and innovation.
Partnership with LanzaTech reduces carbon footprint in PET production, enhancing sustainability.
Expansion of recycling centers, like in Toledo, Spain, aligns with circular economy trends.