The present invention relates to corrosion inhibiting formulas. More particularly, in one embodiment the present invention relates to corrosion inhibiting formulas which comprise a mixture of: (i) at least one volatile corrosion inhibitor (VCI); (ii) at least one antioxidant; (iii) at least one alkali or alkaline-earth metal silicate or oxide; and (iv) fumed silica. In another embodiment, the present invention relates to corrosion inhibiting formulas which comprise a mixture of: (i) at least one volatile corrosion inhibitor (VCI); (ii) at least one antioxidant; (iii) at least one alkali or alkaline-earth metal silicate or oxide; (iv) fumed silica; and (v) at least one chemically active compound. Both of the mixtures described above can further include additional additives. In yet another embodiment, the corrosion inhibiting formulas according to the present invention can be placed in any suitable polymer film and/or polymer article.
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