business news
11 Oct 2019
--- This week in industry news, PepsiCo announced that the net proceeds from its US$1 billion Green Bond offering will fund a series of key sustainability initiatives, including the fulfillment of a new target to reduce 35...
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08 Oct 2019
--- British-Dutch transnational consumer goods company Unilever has pledged to halve its use of virgin plastic by 2025. It aims to reduce its absolute use of plastic packaging by more than 100,000 metric tons, accelerate its use...
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04 Oct 2019
--- In industry news this week, materials science company Dow announced the development of a new resin made with 70 percent recycled plastic, called Dow Agility CE. The solution is the first post-consumer recycled (PCR) product...
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20 Sep 2019
--- Rapak, part of DS Smith Plastics, has developed a durable Bag-in-Box solution in response to an increase in the e-commerce demand of laundry detergents and other Consumer Packaged Goods (CPGs). SÜDPACK Forest...
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13 Sep 2019
--- As momentum for single-use plastics alternatives increases, Henkel’s venturing arm Henkel Ventures is the lead investor in a US$5million investment round in US-based cleaning products company Truman’s. A...
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13 Sep 2019
--- In the packaging industry this week, Nestlé inaugurated a first-of-its-kind Institute of Packaging Sciences. Centerbridge Partners acquired pan-European fiber-based packaging supplier, Solidus Solutions. Macfarlane...
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06 Sep 2019
--- Amcor is one of the founders of the newly established China E-commerce & Logistics Packaging Standard Alliance, an initiative by JD.com, China’s largest online retailer and its biggest Internet company by revenue....
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06 Sep 2019
--- In packaging news this week, butter brand Lurpak launched its first block packaging innovation since 1957. Known as “Butterbox,” the new design is a convenient reclosable box that addresses the consumer barriers...
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05 Sep 2019
--- In a bid to test new packaging solutions and recycling initiatives, McDonald’s opened the “Better McDonald’s Store” in the Mall of Berlin in the German capital from June 17-26, replacing all food and...
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02 Sep 2019
--- Dow has partnered with Netherlands-based Feunix Ecogy Group to produce 100 percent circular plastic through chemical recycling. Dow will use Feunix Ecogy Group’s pyrolysis oil feedstock, which is made from plastic...
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23 Aug 2019
--- This week in packaging, Ampacet introduced a plastic pellet masterbatch that has been specifically formulated to enhance the appearance and functionality of post-consumer resins. Known as Blue Edge 78, the masterbatch...
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23 Aug 2019
--- UK retail giant Tesco is promising to eliminate “hard to recycle material” as it launches phase two of its “Remove, Reduce, Reuse & Recycle” plan to suppliers. This sets out steps that will govern...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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,...
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