business news
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...
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12 Jun 2019
--- Amcor and Bemis have confirmed the completion of a US$6.8 billion merger 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...
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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...
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31 May 2019
--- This week in packaging, BillerudKorsnäs completed the acquisition of 350,000 hectares of forest land in Sweden for approximately US$670 million on a debt-free basis and after reduction of deferred tax. The move is part...
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24 May 2019
--- This week in packaging, Europe’s largest cardboard and paper recycler DS Smith signed up as an Ellen MacArthur Foundation Global Partner. The three-year partnership will support innovation in DS Smith’s business...
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22 May 2019
--- The Council of the EU has officially adopted measures proposed by the European Commission to tackle marine litter by banning the 10 single-use products most commonly found on European beaches. This includes cotton bud...
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16 May 2019
--- Dr. Mikko Paunio of the University of Helsinki has warned that the UN’s decision to regulate waste plastic as hazardous and restrict exports will unleash a “surge of waste” on many EU countries. Paunio...
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15 May 2019
--- The lunch habits of British workers is generating 10.7 billion items of packaging waste every year– the equivalent of 276 items per person. This is according to a study by UK environmental sustainability charity...
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13 May 2019
--- A total of 187 countries have voted to add hard-to-recycle plastic waste to the Basel Convention, a UN-led treaty that controls the movement of hazardous waste from one country to another. Exporters will now be required to...
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10 May 2019
--- This week in packaging, Coca-Cola launched its Signature Mixers in retro Hutchinson glass bottles in a nod to the silhouette of the first ever Coca-Cola bottle. With the demand for paper-based packaging on the rise, Smurfit...
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08 May 2019
--- Personal care and cleaning products company Cleanyst has launched an innovative at-home system that allows consumers to easily create plant-based products using concentrated ingredients and water from their own taps. The...
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07 May 2019
--- German packaging giant Multivac achieved a reported 8.5 percent increase in turnover in 2018 compared to the previous year and expects a further 10 percent increase in the current year. Speaking during the ongoing IFFA meat...
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03 May 2019
--- Sealed Air Corporation has acquired Automated Packaging Systems (APS), a leading manufacturer of automated bagging systems, in a US$510 million deal. The move will strengthen Sealed Air’s portfolio to drive growth in...
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01 May 2019
--- Nestlé Waters, PepsiCo and Suntory Beverage & Food Europe have joined a consortium that seeks to bring enhanced polyethylene terephthalate (PET) recycling technology to market on an industrial scale. Carbios, a...
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01 May 2019
--- Provider of tray sealing technology Proseal has been acquired by JBT Corporation, a technology solutions provider to high-value segments of the food & beverage industry, for £220 million (US$287 million). With this...
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29 Apr 2019
--- UK-based WDS Group is joining Dutch company Lightweight Containers in a closed-loop recycling program for its PET beer kegs, KeyKegs. The program was initially launched as a pilot scheme, limited to the London area, in...
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26 Apr 2019
--- US-based technology company Digimarc announced its commitment to improving the reliability and efficiency of sorting plastic waste by signing the Ellen MacArthur Foundation’s New Plastics Economy Global Commitment,...
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19 Apr 2019
--- This week in packaging, DS Smith sold two of its European packaging businesses to US-based International Paper for a reported US$71.2 million. DS Smith says the transaction will help secure European Commission (EC) approval...
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17 Apr 2019
--- Global packaging giant Mondi and Munich-based design consultancy Pacoon have partnered to offer a digital interactive map demonstrating differing waste approaches across the world, which the companies hope will better...
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12 Apr 2019
--- This week in packaging, AR Packaging entered into a definitive agreement with a subsidiary of Nampak for the acquisition of Nampak Cartons Nigeria, a producer of folding carton products for the tobacco, food and consumer...
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