Sigma Plastics Group is teaming with plastic strapping firm Teufelberger Group to create a joint venture to acquire Marflex M.J. Maillis Poland from Maillis International SA, a maker of stretch ...

Mentor, Ohio-based Polychem Corp., which makes both PET and polypropylene strapping, was acquired by The Sterling Group, a private equity firm based in Houston.

Plastic strapping, featuring prominently in the market, offers customization flexibility, space-saving benefits in packaging, and complies with stringent cargo securement standards.