Ranpak Expands Cold Chain Offering With Global Launch Of RecyCold Climaliner Solution
Portfolio Pulse from Benzinga Newsdesk
Ranpak Holdings Corp. (PACK) has globally launched its RecyCold Climaliner solution, a 100% sustainable and paper-based thermal protection liner that can keep products cold for up to 48 hours. This expansion of their cold chain offering could potentially increase the company's market share in the packaging industry.
August 04, 2023 | 1:06 pm
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POSITIVE IMPACT
Ranpak's launch of the RecyCold Climaliner solution could potentially increase its market share in the packaging industry. This product expansion is a positive development for the company.
The launch of a new product, especially one that is sustainable and meets a market need, can potentially increase a company's market share. This is a positive development for Ranpak and could positively impact its stock price in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100