The leadership change comes as Flexcon aims to accelerate its strategic priorities in innovation, operational efficiency, and customer-centric growth.
As part of the settlement, the companies agreed to cease selling plastic bags in California and collectively pay US$1.75 million.
Flexible packaging manufacturers directly employ 98,420 people, while 155,520 supplier jobs and 144,840 induced jobs are supported through related industries and household spending.
The upcoming third line will significantly boost capacity and enhance operational flexibility.
Dow management attributed the segment’s weakness to lower finished product prices.
Net sales climbed to US$2.31 billion, compared with US$2.18 billion in 2024.
The company adjusted its full-year 2025 guidance, now expecting adjusted diluted EPS between US$5.65 and US$5.75.
Organic sales fell by 1.9% due to deflationary price pressures.
Anchor Packaging operates four manufacturing facilities in Arkansas.
The new identity brings a warmer “Lay’s Sun” logo, ingredient-led colour palette, and farm-inspired imagery.