Intertape Polymer Gr...
TSX:ITP
C$
40,48
C$
+
C$0,04 (0,10%)
40,48
C$
+C$0,04 (0,10%)
End-of-day quote: 06/30/2022
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Intertape Polymer Group Company Info
EPS Growth 5Y
0,00%
Market Cap
C$2,40 B
Long-Term Debt
C$0,07 B
Short Interest
0,00%
Quarterly earnings
04/10/2026
Dividend
C$0,00
Dividend Yield
0,00%
Founded
1981
Industry
Country
ISIN Number
Website
Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.
There are currently no price targets available for this stock.
In the last five quarters, Intertape Polymer Group’s Price Target has risen from C$31,62 to C$31,62 - a 0,00% increase.
Top growth stocks in the materials sector (5Y.)
What does Intertape Polymer Group do?
Intertape Polymer Group Inc. engages in the development, manufacture, and sale of a variety of paper and film based pressure-sensitive and water-activated tapes, stretch and shrink films, protective packaging, woven and non-woven products and packaging machinery for industrial and retail use.
In 2020, the company acquired substantially all of the operating assets of Nortech Packaging LLC and Custom Assembly Solutions, Inc. (together ‘Nortech’). Nortech manufactures, assembles, and services auto...
Intertape Polymer Group Inc. engages in the development, manufacture, and sale of a variety of paper and film based pressure-sensitive and water-activated tapes, stretch and shrink films, protective packaging, woven and non-woven products and packaging machinery for industrial and retail use.
In 2020, the company acquired substantially all of the operating assets of Nortech Packaging LLC and Custom Assembly Solutions, Inc. (together ‘Nortech’). Nortech manufactures, assembles, and services automated packaging machines. The custom-infeed and robotic solutions for packaging applications are designed for cartoning, case-packing, case-erecting, pouch-packaging and palletizing.
On July 30, 2021, the company acquired 100% of the outstanding equity in Nuevopak Global Limited (Nuevopak). Nuevopak designs and develops a range of machines that provide void-fill and cushioning protective packaging solutions primarily targeting protective paper packaging solutions. Nuevopak supplies the company with paper dispensing machines and converted paper for protective packaging distribution in North America.
On January 13, 2022, the company acquired substantially all of the operating assets of Syfan Manufacturing, Inc. (Syfan USA). Syfan USA manufactures polyolefin shrink film products at a facility in Everetts, North Carolina and serves customers in a variety of end use applications. The acquisition of Syfan USA is expected to expand the company's existing shrink film production capacity in North America, allowing the company to better service the growing demand of its customer base.
The company develops, manufactures, and sells a variety of paper-and-film based pressure sensitive and water-activated tapes, stretch and shrink films, protective packaging, engineered coated products and packaging machinery for industrial and retail use. The company provides packaging and protective solutions for industrial markets in North America, Europe, and other geographies.
The company’s products primarily consist of carton sealing tapes, including pressure-sensitive and water-activated tapes; packaging equipment; industrial and performance specialty tapes, including masking, duct, electrical, foil, process indicator, sheathing, sports and reinforced filament tapes; protective packaging solutions, including inflatable systems, mailer products, bubble cushioning, paper void fill, thermal solutions and protective foam roll stock; stencil products; shrink film; stretch wrap; lumber wrap, structure fabrics, geomembrane fabrics; and non-manufactured flexible intermediate bulk containers. Most of the company’s products are made from similar processes. A vast majority of the company’s products, while brought to market through various distribution channels, generally have similar economic characteristics.
The company has assembled a broad range of products by leveraging its manufacturing technologies, research and development capabilities, global sourcing expertise and strategic acquisitions. The company’s extensive product line permits the company to offer tailored solutions to a wide range of end-markets. The company's largest end-markets as of December 31, 2021, were general manufacturing, fulfillment/e-commerce, food and beverage, building and construction, retail and transportation.
Products, Markets and Distribution
The company’s unique bundle of products positions it to serve the market with a broad and comprehensive range of packaging, protective and industrial product solutions.
The company's broad assortment of stocked products are available from distribution centers located in California and Virginia. These distribution centers are a key component of the company's enhanced supply chain management strategy. Each distribution center offers a wide range of products, which allows customers to benefit from access to the company’s core products.
Tapes
The company manufactures a variety of paper and film based tapes, including pressure-sensitive and water-activated carton sealing tapes, and industrial and performance specialty tapes, including double-coated, duct, electrical and electronic, filament, flatback, foil, paper, polyethylene, process indicator, sheathing, sports and stencil products. The company also provides complementary packaging systems, which dispense and/or apply the companies pressure-sensitive and water-activated tape products.
The company is the only packaging company that manufactures carton sealing tapes using all four adhesive technologies, such as hot melt, acrylic, natural rubber and water-activated.
The company’s tape products are manufactured and primarily sold under the company’s Intertape, American, Anchor, Cantech, Central and Tuck brands to industrial distributors and retailers; and are manufactured for sale to third parties under private brands.
The company’s tape products consist of three main product groups, such as Carton Sealing Tapes, Industrial & Specialty Tapes, and Machinery.
Carton Sealing Tapes
Carton sealing tapes are sold primarily under the Intertape and Cantech brands to industrial distributors and leading retailers, as well as to third parties under private brands. The company produces carton sealing tapes using all four adhesive technologies, such as hot melt, acrylic, natural rubber and water- activated. The company also sells the application equipment required for the dispensing of its carton sealing tapes.
Hot Melt Tape
Hot melt carton sealing tape is a polypropylene film coated with a synthetic rubber adhesive, which is suitable for a wide range of applications. Typical applications include manual and automatic box sealing for industries, such as moving and storage, general shipping and mailing, fulfillment, food processing, pharmaceutical and general manufacturing, as well as package repair and bundling. Some varieties can be used in cooler temperature applications (down to 35 degrees Fahrenheit) or to seal high recycled content boxes.
The company’s primary competitors for this product are 3M Co., Shurtape Technologies LLC, and Vibac Group.
Acrylic Tape
Acrylic carton sealing tape is a polypropylene film coated with a pressure-sensitive acrylic adhesive. The company's product range can accommodate a variety of performance applications. This product is best suited for applications where resistance to aging, weathering and discoloration, as well as ultraviolet light exposure tolerance, are important. Typical applications include manual and automatic box sealing for industries, such as long-term storage, consumer and retail, food processing, produce, floral, and pharmaceutical. This product can be used in cooler temperature box sealing applications (down to 32 degrees Fahrenheit).
The company’s primary competitors for this product are 3M Co., Primetac (Pitamas), Vibac Group, and other imported Asian products.
Natural Rubber Tape
Natural rubber carton sealing tape is a polypropylene film coated with natural rubber adhesive and is unique among the carton sealing tapes because of its robust adhesion properties. This tape is ideally suited for conditions involving hot, dusty, humid or cold environments. Typical uses include moving and storage industry applications, as well as packaging and shipping. The company’s primary competitors for this product are Vibac Group and imported products from Europe.
Water-Activated Tape
Water-activated carton sealing tape is typically manufactured using a filament reinforced kraft paper substrate and a starch based adhesive that is activated by water. Water-activated tape is used primarily in applications where a strong mechanical bond or tamper evidence is required. Typical end-use markets include retail fulfillment centers, third-party logistics providers (3PLs), furniture manufacturers and the apparel industry. The company’s primary competitors for this product are Holland Manufacturing Co. Inc. and other imported products.
Industrial & Specialty Tapes
The company produces the following industrial and specialty products sold primarily under the Intertape, American, Anchor, Cantech and Tuck brands: double-coated, duct, electrical and electronic, filament, flatback, foil, polyethylene, paper, process indicator, sheathing, sports and stencil products.
Double-Coated Tape
Double-coated tape is manufactured from a paper, foam, or film substrate and is coated on both sides with a variety of adhesive systems. Double-coated tape also uses a release liner made from paper or film that prevents the tape from sticking to itself. Double-coated tape is typically used to join two dissimilar surfaces. The company’s double-coated tape products are used across a range of markets that include aerospace, graphics, transportation, converting and nameplates. The company’s primary competitors for this product are 3M Co.; Tesa Tape, Inc.; Schweitzer-Mauduit International, Inc.; and imported Asian products.
Duct Tape
Duct tape is manufactured from a polyethylene film that has been reinforced with scrim and coated with natural/synthetic rubber blend adhesive or specialty polymer adhesives. Duct tape is primarily used by general consumers for a wide range of applications. Duct tapes are also used in maintenance, repair and operations, in the HVAC (heating, ventilation and air conditioning) markets, construction and in the convention and entertainment industries. The company’s primary competitors for this product are Berry Global Inc.; 3M Co.; Shurtape Technologies, LLC; and imported Asian products.
Electrical and Electronic Tape
Electrical and electronic tape is manufactured from a number of different substrates, including paper, polyester, glass cloth and a variety of adhesive systems that include rubber, acrylic and silicone adhesives. Electrical and electronic tapes are engineered to meet stringent application specifications and many electrical and electronic tapes are Underwriters Laboratories (UL) component listed. The company’s primary competitors for this product are 3M Co., Nitto Denko, Saint Gobain, and Bondtec.
Filament Tape
Filament tape is a film or paper-backed adhesive tape with fiberglass, polyester fibers embedded in the adhesive to provide high tensile strength. Primary applications for filament tape include temporary holding, bundling, and unitizing (strapping), subsea umbilical cables (oil and gas), metal coil tabbing, and agricultural applications. The company’s primary competitors for this product are 3M Co. and Shurtape Technologies, LLC.
Flatback Tape
Flatback tape is manufactured using a smooth kraft paper substrate and is typically coated with a natural rubber/SIS blended adhesive. Flatback tape is designed with low elongation and is widely used in applications, such as splicing where the tape should not be distorted. Typical applications for flatback tape include splicing, printable identification tapes, label products and carton closure. The company’s primary competitors for this product are 3M Co. and Shurtape Technologies, LLC.
Foil Tape
Foil tape is manufactured using an aluminum substrate and a variety of adhesive systems. The tape is designed for applications that range from HVAC, building and construction, aerospace, transportation, industrial, and general purpose. The products are UV resistant, have reflective and flame-retardant properties, and remain flexible to resist cracking and lifting around irregular or curved surfaces. The company’s primary competitors for this product are 3M Co., Berry Global Inc., and Avery Dennison Corp.
Paper Tape
Paper tape is manufactured from a crepe paper substrate coated with a natural rubber or a synthetic rubber adhesive. Paper tape is used for a variety of performance and general purpose end-use applications. Product applications include paint masking (consumer, contractor, automotive, aerospace, and marine), splicing, bundling/packaging, and general light duty applications. The company’s primary competitors for this product are 3M Co.; Shurtape Technologies, LLC; and Tesa Tape, Inc.
Polyethylene Tape
Polyethylene tapes are manufactured from a polyethylene film that is coated with a synthetic rubber adhesive. Polyethylene tapes are used primarily in the construction industries, restoration and remediation markets and entertainment and convention industry for a variety of applications, including patching, stucco masking, seaming and sealing, bundling and wrapping, splicing and surface protection, vapor barrier, marine protection, tarp repair and carpet seaming. The company's primary competitors for these products are Berry Global Inc. and Schweitzer-Mauduit International, Inc.
Process Indicator Tape
Process indicator tape (Type 1) is primarily paper-backed on which indicator lines are printed using different ink systems and are then coated with a variety of adhesive systems. These Type 1 process indicator tapes are designed to seal packs exposed to different sterilization processes (steam, ethylene-oxide, and plasma). The indicator tape distinguishes between items processed and unprocessed by color change indicator lines printed on the backing. The company's primary competitors for these products are 3M Co., Johnson & Johnson, and a number of smaller manufacturers from various geographies.
Sheathing Tape
Sheathing tape is manufactured from a treated polypropylene film substrate coated with an acrylic adhesive. Sheathing tape is primarily sold into the building and construction industry for applications involving the sealing of joints and seams of housewrap, polyethylene vapor barrier material and other insulation materials that form the building envelope. The company's primary competitors for these products are 3M Co. and Berry Global Inc.
Sports Tape
Sports tapes are manufactured from a cloth substrate and an adhesive coating. A variety of adhesive systems are used in the production of sports tapes. These tapes are used in the sports industry, both professional and amateur, as trainer’s tape and for various equipment protection applications. The company’s primary competitors for this product are Schweitzer-Mauduit International, Inc. and North American Tapes.
Stencil Products
Stencil products are manufactured from a range of poly films coated single or double sided with acrylic or rubber based adhesives. Stencil products are used in applications within the sign and monument manufacturing markets to protect a surface where high pressure blasting is required. The company’s primary competitor for this product is UBlast Stencil.
Films
The company manufactures shrink film and stretch wrap, as well as a variety of polyethylene and specialized polyolefin films for industrial and retail use. As a vertically integrated manufacturer, the company uses internally manufactured films to produce tape products. The company’s film products are marketed under the company’s brands, including SuperFlex and StretchFlex stretch wrap; and ExlfilmPlus and Exlfilm shrink film. The company's film products are marketed to industrial distributors and retailers and are manufactured for sale to third parties under private brands.
The company primarily produces two film product lines, such as SuperFlex and StretchFlex stretch wrap; and ExlfilmPlus and Exlfilm shrink film.
Stretch Wrap
Stretch wrap is a single or multi-layer plastic film that can be stretched without application of heat and which has the characteristic of trying to return to its original length thereby applying force on the wrapped load. It is used industrially to wrap pallets of various products ensuring a solid load for shipping. The company uses technology for the manufacturing of its stretch film products.
SuperFlex is a high performance, light gauge stretch film, which offers customers good security for their loads but at a low cost per load. Genesys, GenesysUltra, Prolite and Orbit Air B are SuperFlex brand products. Amtopp, Berry Global Inc., Malpack (Canada) and Paragon Films produce competitive products.
StretchFlex is the company’s regular duty, typically a heavier gauge of stretch film, which also provides the customer with secure loads at a low price per pound. SFI, SSC, SFIII, Hand Wrap I, Hand Wrap II and Hand Wrap IV are StretchFlex brand products. Competitors for this product include Berry Global Inc., Sigma Plastics Group, and Amtopp.
Shrink Film
Shrink film is a specialty plastic film, which shrinks under controlled heat to conform to a package’s shape. The process permits the over-wrapping of a vast array of products of varying sizes and dimensions with a single packaging line. ExlfilmPlus and Exlfilm are used to package paper products, food, toys, games, sporting goods, hardware and housewares, and a variety of other products. The company’s primary competitors for this product are Sealed Air Corp., Clysar LLC, and Syfan SAAD.
Protective Packaging
The company manufactures and markets a full line of protective packaging solutions: air pillows, bubble cushioning, mailers, paper void fill and cushioning, protective foam roll stock, protective packaging systems, thermal solutions and a complete line of anti-corrosion packaging products. The company’s protective packaging products are marketed under the company’s brand, Polyair, Nuevopak, and VCI2000 brands.
Air Pillows
Air pillows are manufactured from polyethylene film and are inflated at the point of use with an inflatable system. Air pillows are used as packaging material for void fill and cushioning applications. The company's product line also includes bubble-on-demand solutions, which are manufactured from polyethylene film and inflated into a cushioning product at point of use with the same inflatable systems as air pillows. Typical end-use markets for air pillows and bubble-on-demand include e-commerce fulfillment, third-party logistics providers (3PLs), retail fulfillment houses and contract packaging operations. The company’s primary competitors for this product are Pregis Corp., Sealed Air Corp., and Storopack, Inc.
Bubble Cushioning
Bubble cushioning, which is manufactured from polyethylene film and encapsulated air is one of the most commonly used forms of protective packaging for void fill and cushioning applications. Bubble cushioning is also used for wrapping and surface protection. Typical end-use markets for bubble cushioning include manufacturing, e-commerce fulfillment, third-party logistics providers (3PLs), retail fulfillment houses and contract packaging operations. The company’s primary competitors for this product are Sealed Air Corp and Pregis Corp.
Mailers
The company's mailer product line includes a complete line of padded paper mailers marketed under the Curby brand, as well as paper bubble mailers, plastic bubble mailers and polyethylene courier mailers marketed under the Polyair brand. Mailers are durable and lightweight, can be custom printed, and available in standard sizes. The company’s primary competitors for this product are PAC Worldwide and Sealed Air Corp.
Paper Void Fill and Cushioning
Paper void fill and cushioning consists of kraft paper, which is automatically crumpled at the point of use with a paper system machine. Typical end-use markets for paper void fill and cushioning include manufacturing, e-commerce fulfillment, 3PLs, retail fulfillment houses and contract packaging operations. The company’s primary competitors for this product are Pregis Corp., Ranpak, Sealed Air Corp., and Storopack, Inc.
Protective Foam
Protective foam is a low-density polyethylene product that protects and cushions. Protective foam products provide an excellent surface protection and cushioning for everything from sporting goods to auto parts. These products also include specialized value-added products where films are laminated using both foam and bubble in the manufacturing process. The company’s primary competitors for this product are Pregis Corp. and Sealed Air Corp.
Protective Packaging Systems
The company's Protective Packaging Systems consist of Inflatable Systems and Paper Systems that are marketed under the AirSpace and PaperSpace brands. Inflatable Systems are high performance machinery that deliver protective packaging materials, such as air pillows and bubble-on-demand solutions at customer facilities. These systems are installed on-site for customers and offers users adjustable air-fill control, multiple pillow size selection and bubble on demand configurations. The company's primary competitors for protective packaging systems include Pregis Corp., RanPak, Sealed Air Corp., and Storopack, Inc.
Thermal Solutions
The company's thermal solutions product offering consists of metalized film laminated to bubble cushioning. These thermal solutions are available as metalized roll stock and as preformed metalized mailers. The company also markets a range of thermal insulated packaging in the form of insulated mailers and packaging inserts. These products are typically used in cold chain shipments to help maintain consistent temperatures. The company’s primary competitors for these products are Kodiak Kooler, PAC Worldwide, Pregis Corp., Sealed Air Corp., and TemperPack.
Vapor Corrosion Inhibitor (VCI) Anti-Corrosion Packaging
The company's VCI2000 brand anti-corrosion, nitrite-free packaging products are produced in a variety of forms, such as VCI poly bags, VCI papers, VCI emitters, and VCI films. When metal objects are packed in the company's VCI products, the VCI molecules volatilize and migrate with the air, then condense on all metal surfaces, reaching exposed and recessed areas, which protects these surfaces from corrosion. The company's primary competitors for these products are Cortec, Zerust, Daubert Cromwell, and Armor.
Engineered Coated Products
The company develops and manufactures innovative industrial packaging, protective covering, barrier and liner products utilizing engineered coated polyolefin fabrics, nonwovens and other laminated materials. Its products are sold through multiple channels in a wide number of industries, including membrane structures, building and construction, oil and gas, lumber, and agriculture.
The company’s engineered coated fabrics are categorized in four markets: building and construction, agro-environmental, specialty fabrics, and industrial packaging.
Building and Construction Products
The company’s building and construction product group includes protective wrap for kiln dried lumber, membrane barrier products (such as house wrap, window and door flashing), membrane structure fabrics used in clear span buildings, synthetic roof underlayment, and insulation facing, which are used directly in residential and commercial construction. The company also supplies packaging over-wrap sleeves for unitizing multiple bags of fiberglass insulation. The company’s primary competitors for these products include Owens Corning, Berry Global Inc., Dupont, and various producers from India, China, and Korea.
Lumber Wrap
The company’s lumber wrap is used to package, unitize, protect, and brand lumber during transportation and storage. The product is available in polyethylene or polypropylene coated fabrics printed to customer specifications. The company’s primary competitor is Owens Corning.
Membrane Structure Fabrics
NovaShield is a lightweight, wide-width, and durable polyolefin fabric used as the outer skin layer for membrane structures. The introduction and continuous improvement of the NovaShield fabric in the membrane structure market has enabled membrane structure manufacturers to expand the use of this product beyond agricultural applications. New applications include agriculture barns, commercial and industrial structures, amphitheaters, recreational facilities, trade show pavilions, aircraft hangers, and casinos. Developments in the product line include NovaShield Elite, a film laminated product with an industry leading 20-year warranty and a suite of products produced for the greenhouse market. The company sells the Nova-Shield fabrics to membrane structure manufacturers who design, fabricate, and install the structures. The company’s primary competitors are Berry Global Inc. and a number of PVC (polyvinyl chloride) producers.
Roof Underlayment
The company’s synthetic roof underlayments are installed on the roof before slate, tile or shingles for an extra layer of protection against water damage. The company’s roofing underlayments are lighter and easier to install than standard #15 and #30 asphalt felts. To meet market needs, the company has implemented a three-tiered (Good, Better, Best) approach in an attempt to reach all market segments. The company’s primary competitors in this market are Owens Corning, GAF, a variety of roofing felt producers, and a number of competitors from India, China, and Korea.
Housewrap
The company's housewrap products consist of polypropylene or polyethylene fabric coated with an advanced breathable coating. These breathable products protect the building during construction and allow vapor and condensation to escape from wall cavities. The company's primary competitors of these products are Dupont and Berry Global Inc.
Flashing
The company's flashing products are composed of polypropylene (PP) woven fabric with a highly aggressive pressure-sensitive adhesive and an easily removable split release liner. These products are designed to create a weather resistant barrier around door and window openings. The company’s primary competitors are 3M Co. and Dupont.
Agro-Environmental Products
The company has developed a range of Agro-Environmental products, including bags for packaging glass-fiber insulation, fabrics designed for conversion into hay covers, grain pile covers, landfill covers, oil field membranes, and canal and pond liners. These fabrics are intended to provide protection during transit and storage and to line waterways and ponds to prevent loss of water and other liquids.
Geomembrane Fabrics
The company’s AquaMaster line of geomembrane fabrics is used as irrigation canal liners, golf course and aquascape pond liners, oil pad liners, hydraulic fracturing ponds and in aquaculture operations. The company has a broad product offering in this market that includes the traditional extrusion coated woven substrates, as well as manufacturing composite products composed of woven substrates laminated to other materials, such as non-woven textiles and polyethylene film. The company’s primary competitors for similar products include Berry Global Inc. and Owens Corning. Competitive products, which may be used as substitutes are manufactured by GSE Environmental, Solmax and Raven Industries Inc.
Hay Wrap
Hay cover products are specially designed fabrics that function as protective covers, haystack covers, pit and pond liners and pool covers. The proprietary coating is used to enhance abrasion resistance, flex resistance, seam strength, UV resistance and longevity. The company’s primary competitors for this product include offshore imports, as well as Owens Corning and Berry Global Inc.
Poultry Fabrics
Woven coated polyolefin fabrics are used in the construction of poultry houses in the southern U.S. Materials with high ultraviolet resistance are fabricated into side curtains that regulate ventilation and temperature in buildings. Poultry Fabrics are also used for vapor barrier applications for the metal building industry. The company’s primary competitor for this product is Berry Global Inc.
Tarpaulins
The company's tarpaulin products consist of woven coated polyolefin fabrics used in building construction and remediation projects for protection against the elements, and as protective covers in agriculture applications. The company’s primary competitor for this product line is Berry Global Inc.
Specialty Fabrics
Banner (Billboard and Poster Fabric)
The company’s line of banner fabrics is composed of polyethylene substrates engineered for large-format printing applications, such as billboards, posters, and banners. The company’s primary competitors in this market are Berry Global Inc. and manufacturers from China and Korea.
Other Specialty Fabric
Products and applications of specialty fabrics include fabrics designed for conversion into pool covers, field covers, disaster relief materials, protective covers and construction sheeting, brattice cloth for mine ventilation, underground marking tapes, salt pile covers and industrial packaging. The company has a broad product offering in this market that includes traditional extrusion coated woven substrates, as well as the manufacturing of composite products, which are composed of woven substrates laminated to other materials, such as non-woven textiles and foam. Primary competitors of the company for these products include Berry Global Inc, and producers from China and Korea.
Industrial Packaging Products
The company has a range of industrial packaging products used as protective covers that are used before and after the manufacturing process. These products are available in a variety of weights, widths, and colors. Customers also have an option to develop brand awareness by having their logo printed on these products.
Metal Wrap
The company’s woven and coated polyolefin metal wraps are designed to protect flat sheet and coiled metals during transit and storage. These products are available in both polyethylene and polypropylene, as well as polyethylene laminated to kraft paper for extra moisture protection. Primary competitors of the company for these products include Owens Corning and several producers from China.
Other Industrial Packaging Products
The company’s printed wrap is used to brand and protect a variety of products during transit and storage. For example, the company’s product is used to cover small recreational vehicles (ATVs) during transportation from their manufacturing location to retail dealers. Primary competitors of the company for this product include Owens Corning and Berry Global Inc.
Packaging Machinery
Packaging Systems
The company provides complementary packaging systems under the Better Pack and Interpack brands. Machinery that makes up the company’s complementary packaging systems include, but are not limited to, mechanical systems for case sealing applications with the use of long roll carton sealing tape, as well as water-activated tape produced by the company and a variety of tape dispensers. These machines are used in production lines at the packaging level. They are also widely used in the fulfillment industry. These systems add value by providing efficient packaging processes to a variety of industrial customers. The company’s primary competitors in this market are 3M Co., Loveshaw, BestPack, Marsh, and Phoenix.
Packaging Automation
The company provides automation solutions for industrial applications under the Nortech Packaging and Tishma Technologies brands. Solutions provided under these brands include the design, assembly and service of automated packaging systems, such as custom infeed and robotics for carton sealing, case erecting, pouch packaging and palletizing applications. These solutions are commonly utilized in food packaging, pharmaceutical, e-commerce, confectionary, personal care, cosmetics and beverage applications. The company's primary competitors in this market are ADCO Manufacturing, Combi Packaging Systems LLC, Delkor Systems Inc, Douglas Machine Inc., and Pearson Packaging Systems.
Research and Development and New Products
In 2021, the company introduced a new portable, manual water-activated tape dispenser in a small footprint that allows any size business to enjoy the carton sealing benefits of water-activated tape; introduced a heavy-duty flame retardant polyethylene tape ideal for healthcare facilities, institutional buildings, laboratories, shipyards and construction sites where flame retardant materials are required to add a critical layer of security of fire protection; launched a superior media blast stencil product offering for all double liner applications targeted to the sign and monument markets; introduced a new case sealer that automatically adjusts for each random size case processed and offers faster speeds with improved pneumatics; introduced a new bottom belt drive case sealer constructed for low to medium volume applications in a compact footprint to conserve valuable floor space at an economical cost; launched several improved heavy duty residential roof underlayment products produced at the company's facility in India; introduced a lightweight, flame retardant gym floor protection material to replace PVC products being used; and launched several new heavyweight geomembrane products aimed at the water storage and irrigation delivery markets.
Marketing Channels
The company’s extensive product line permits the company to offer tailored solutions to a wide range of end-markets, including food processing, general manufacturing, fulfillment, transportation, building and construction, consumer, oil and gas, agriculture, aerospace, appliance, sports and entertainment, marine, composites, military and medical applications.
Tape, film and protective packaging products and systems are sold to the market through a network of paper, packaging and industrial distributors throughout North America.
Additionally, the company sells products directly to large domestic and multinational end-users, as well as through the retail channel in North America. The company’s engineered coated products are primarily sold directly to converters and original equipment manufacturers.
Trademarks and Patents
The company markets its tape products under the trademarks Intertape, Central, American, TUCKTape, CANTECH and various private labels.
The company's stretch films are sold under the trademark SuperFlex and StretchFlex. Its shrink wrap is sold under the registered trademark ExlfilmPlus and Exlfilm.
The company markets its protective packaging products under the Polyair and Nuevopak brands, and a series of sub-brands, which include AirSpace, PaperSpace, HexcelWrap, Durabubble, Durakraft, Endurabubble, Lamifoam, Starfoam, Starmover, Ecolite, Fastpak and Xpak.
The company markets its engineered coated products, including polyolefin fabrics under the registered trademarks NovaShield, NovaSeal, NovaWrap, NovaFlash, AquaMaster, Umbra, NovaThene and Palisade.
The company markets its machinery product lines under the trademarks Better Packages, Interpack, Nortech, and Tishma.
The company has approximately 256 active registered trademarks, 111 in the U.S., 74 in Canada, 12 in Mexico, and 59 in foreign jurisdictions, which include trademarks acquired from Anchor, Central Products Company, The Crowell Corporation, Better Packages, Polyair, Nuevopak Global Limited, and Octo Packaging Limited. The company has 29 pending trademark applications, 13 in the U.S., and 16 in foreign jurisdictions.
The company’s 121 granted patents and 40 pending patent applications include engineered coated products and film for which the company has 13 patents and 3 pending applications, tape products for which it has 48 patents and 6 pending applications, adhesive products and manufacture for which it has 24 patents and 0 pending applications, packaging or equipment for packaging for which it has 32 patents and 30 pending applications, and other products for which it has 4 patents and 1 pending applications.
Regulation
In the U.S., the company's practice is to allow parental leave under the Family and Medical Leave Act of 1993.
History
Intertape Polymer Group Inc. was founded in 1981. The company was incorporated under the Canada Business Corporations Act in 1989.
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