business news
06 Oct 2022
--- Last month, US President Joe Biden gave an executive order to advance American biotechnology and biomanufacturing. New initiatives and funding will boost the bioplastics market – part of the government’s efforts...
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06 Oct 2022
--- Nereid Biomaterials, a team of material scientists, microbiologists, and oceanographers working to develop biodegradable materials for the ocean, has received Convergence Accelerator Phase 2 funding from the National Science...
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05 Oct 2022
--- British advanced recycling company Recycling Technologies has gone into administration after failing to secure adequate funds to continue its operations. The Swindon-based group created a machine that could turn plastic...
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04 Oct 2022
--- Gatorade has launched a Gx bottle that tracks personalized hydration needs and indicates to athletes when to drink with a light-up cap. The bottle is an addition to their Gx range, designed for athletes to fulfill their...
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03 Oct 2022
--- A coalition of lawyers and environmental NGOs have put nine “Big Food” corporations – including McDonald’s, Nestlé and Danone – on notice for failing to produce “Duty of...
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30 Sep 2022
--- This week in industry news, Sappi completed the modernization of its production site in Austria, while Innotech completed a trial in polystyrene yogurt pots. Meanwhile, Graphic Packaging International (GPI) invested in a new...
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28 Sep 2022
--- With stringent legislative targets set for recycling, recycled content and recyclability in packaging, the industry is increasingly looking to novel technologies as a means of reprocessing material unfit for current...
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26 Sep 2022
--- Thirty-seven chemical industry companies, including BASF, have agreed on a global standard for estimating product carbon footprints (PCFs), as part of the collaborative initiative “Together for Sustainability”...
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23 Sep 2022
--- This week in industry news, UK Research & Innovation launched a new £2.5 million (~US$2.7 million) Future Plastic Packaging Solutions round two competition for research and innovation projects seeking grant...
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23 Sep 2022
--- Global businesses across the plastics value chain, financial institutions, and NGOs have announced a shared vision for a global treaty to end plastic pollution. The “Business Coalition” aims to build on previous...
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22 Sep 2022
--- Under a significant government support program, energy bills for UK firms will be reduced by around half this winter from their anticipated level. The Energy Bill Relief Scheme follows ministers’ announcement of a...
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21 Sep 2022
--- The plastics industry is being crippled by soaring energy costs that are threatening to shut down numerous businesses, according to trade organization European Plastics Converters (EuPC). Price rises add to a tumultuous year...
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20 Sep 2022
--- Circularise’s blockchain-based digital system has been tested with the ISCC Plus certification to make auditing of certified parties more efficient and to strengthen the integrity of certified data. “Digitizing...
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20 Sep 2022
--- Smurfit Kappa is acquiring the Brazilian packaging plant, PaperBox. PaperBox is one of a few expansions the company has been making in Brazil to capitalize on market demand. PaperBox is located in Saquarema, 70 kilometers...
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16 Sep 2022
--- This week in industry news, Sappi invested in new technical equipment and production facilities at its Gratkorn site in Austria. Meanwhile, Amcor announced a further strategic investment of up to US$45 million in ePac...
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16 Sep 2022
--- Advanced plastic recycling company Mura Technology has announced a new step in its collaboration with Dow. The duo will build a new facility at Dow’s Böhlen site in Germany, which will be the largest such chemical...
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12 Sep 2022
--- European equipment developer PET Technologies continues to operate in Ukraine despite the ongoing war. Live from Drinktec 2022 in Munich, Germany, the company discusses with PackagingInsights its decision to remain active in...
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09 Sep 2022
--- Stora Enso is acquiring Netherlands-based De Jong Packaging Group for €1.02 billion (US$1.02 billion). De Jong Packaging Group is one of the largest corrugated packaging producers in the Benelux countries and its...
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09 Sep 2022
--- This week in industry news, Heidelberger Druckmaschinen launched a new print machine, and Müller Milk & Ingredients pledged to slash 500 metric tons of virgin plastic from its cream pot production supply chain....
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08 Sep 2022
--- Bloom Biorenewables and Nfinite Nanotechnology have been revealed as the winners of Amcor’s Lift-Off investment program, with each startup landing US$250,000. Amcor says it is looking to “drive a...
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