Nice example of innovation in the enterprise, in an area not associated with the big CPG enterprise, but essential to its operation. Estimates of $1 Billion a year in cost savings. Plant to be built in the US, nearby.
" ... Procter & Gamble, the world's largest advertiser, has filed patents for a new plastic manufacturing process that will allow it to make packages with material that is 75% thinner than what it's using now, Ad Age reports.
According to Ad Age, the new technology is being developed by P&G's Imflux subsidiary and could save the consumer goods giant $1 billion a year by allowing it to use less plastic and different raw materials in its packaging. ... "
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