business news

16 Aug 2019
--- This week in industry news, Aldi announced that it will trial cardboard skin packs for its steak products across 380 UK stores from September. The supermarket indicates that the cardboard reduces the amount of plastic used... Read More
14 Aug 2019
--- Uflex, India’s largest multinational flexible packaging company, has declared its earnings for the quarter ended June 30, 2019, reporting that consolidated revenue grew by 3.6 percent to INR 1982 cr in Q1 while EBITDA... Read More
09 Aug 2019
--- This week in packaging, Ampacet introduced a metal detectable masterbatch for plastic, 1000818-E, that aids in the detection of plastic containments. The masterbatch can result in enhanced food safety and minimized food... Read More
02 Aug 2019
--- Clariant and SABIC have agreed to “temporarily suspend” the discussions on the intended business combination High Performance Materials (HPM), consisting of Clariant’s Additives and high-value Masterbatches... Read More
02 Aug 2019
--- This week in packaging, Pregis joined Amazon’s Packaging Support and Supplier (APASS) network, which will provide the US-headquartered supplier with guidance on how to design, test and supply packaging that meets the... Read More
26 Jul 2019
--- Coca-Cola announced continued progress towards its “World Without Waste” goals for recycling, recyclable packaging and the use of recycled materials. The progress includes several brand launches of 100 percent... Read More
25 Jul 2019
--- The UK Department for Environment, Food and Rural Affairs (DEFRA) has announced the results of its Resources and Waste Strategy for England consultations, including the proposed introduction of a plastics tax, Extended... Read More
19 Jul 2019
--- The British Plastics Federation (BPF) warned that the UK plastics industry will be badly hit in the event of a “no-deal” Brexit. Two-thirds of plastic companies are worried about the prospect of a no-deal Brexit,... Read More
16 Jul 2019
--- Ardagh has announced that it has entered into an agreement to combine its Food & Specialty Metal Packaging business (“Food & Specialty”) with the business of Exal, a leading producer of aluminum... Read More
15 Jul 2019
--- Bosch Packaging Technology is to be sold to private equity and investment advisory firm CVC Capital Partners (CVC) for an undisclosed fee, subject to approval by antitrust and other authorities. Packaging Technology and its... Read More
12 Jul 2019
--- Leading bioproducts producer Novamont announced that its Mater-Bi bioplastic has been shown to biodegrade in the sea with similar efficiency as cellulosic materials, like paper. Mater-Bi plastics were analyzed by means of... Read More
05 Jul 2019
--- This week in packaging, Tetra Pak inaugurated Vietnam’s first carton packaging material factory in Binh Duong, creating a regional production hub. The US$135 million state-of-the-art facility will serve both domestic... Read More
01 Jul 2019
--- Berry Global Group has completed the acquisition of RPC Group for a purchase price of approximately US$6.5 billion. The combination of Berry and RPC is expected to produce a balanced franchise across geographies, markets and... Read More
01 Jul 2019
--- Following a successful 2018 debut, FoodBytes! by Rabobank returns this year, and is currently seeking the most “cutting-edge” small players to participate. The event is a global pitch competition and networking... Read More
28 Jun 2019
--- This week in packaging, Amcor entered into a US$394 million agreement with investment firm Kohlberg & Company for the sale of three former Bemis flexible packaging plants in the UK and Ireland. The divestment was... Read More
21 Jun 2019
--- A Neste and LyondellBasell collaboration has achieved an “industry-first” parallel production of bio-based polypropylene and bio-based low-density polyethylene on a commercial scale. The joint project used... Read More
21 Jun 2019
--- Glass packaging supplier Encirc announced that is building the “world’s first” intelligent glass line at its Cheshire site, UK. Part of the Vidrala Group, Encirc will use Industry 4.0 technology to... Read More
14 Jun 2019
--- This week in packaging, Canada announced its intention to ban “harmful” single-use plastics by as early as 2021. The initiative is modelled on the EU’s Single-Use Plastic Directive and aims to combat... Read More
12 Jun 2019
--- Amcor has completed the US$6.8 billion acquisition of Bemis, effective from 11 June 2019. The combined company will now operate as Amcor Plc, trading on the New York Stock Exchange under the ticker symbol “AMCR”... Read More
06 Jun 2019
--- In January, the EU moved to reduce the use of microplastics across a range of sectors, but this has come under attack from the chemicals industry. This is according to The Rethink Plastic alliance, which fully supports the... Read More