by plasticstoday staffpublished november 10th, 2014 novolex formerly known as hilex poly and packaging dynamics corp. have combined to offer a broad and complementary range of paper and plastic flexible packaging products across foodservice, grocery, retail, food manufacturing, industrial and distribution end markets. the 1.9 billion revenue company will operate under the novolex name and will be comprised of 35 manufacturing locations in north america, a plastic recycling facility, and more than 5,100 employees.