business

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24 Apr 2024
--- Unilever is “unashamedly” axing a range of its environmental sustainability pledges, in what the corporation says is a needed and realistic update given current geopolitical issues and the financial pressures put... Read More
23 Apr 2024
--- Taranis Investment is investing €10 million (US$10.7 million) into Pryme, a cleantech company specializing in converting waste into plastic products through a fully electrical pyrolysis technology on an industrial... Read More
22 Apr 2024
--- Sweden-based food technology company Saveggy, has raised €1.76 million (US$1.87 million) to launch its plant-based packaging alternative for fresh fruit and vegetables at an industrial scale. The investment round was... Read More
18 Apr 2024
--- The pet food industry is observing increasing premiumization and humanization, which is also reflected in the packaging through broader portfolios and specific formats, according to Alexander Korolchuk, Mondi’s... Read More
18 Apr 2024
--- Siegwerk has partnered with petrochemical company Borouge to co-develop 100% monomaterial packaging solutions. The companies say they aim to build a “pipeline of solutions” that will enable global converters to... Read More
17 Apr 2024
--- Aimplas, the Plastics Technology Centre, is participating in an EU-funded project to promote a European circular economy for the bio-based industrial ecosystem using AI-powered solutions. The SYMBA project titled... Read More
16 Apr 2024
--- International Paper (IP) has announced an agreement for an all-share takeover of DS Smith, following weeks of speculation. The US-based packaging giant will acquire the entire company for £5.8 billion (US$7.2 billion)... Read More
16 Apr 2024
--- Pulp and paper association Cepi is calling on the EU for greater recognition and investments in line with what it believes is its central role as a sector in the circular economy. Europe has “global champions” in... Read More
15 Apr 2024
--- After almost five years of planning and research, environmental consultancy expert Paul Foulkes-Arellano and material sciences specialist Dr. Julia Freer Goldstein have published a new book on how industries like packaging... Read More
15 Apr 2024
--- Borealis is investing €4.5 million (US$4.8 million) in the cracker furnaces of its olefins unit in Porvoo, Finland. The investment enables the steam cracker to increase the share of renewable and recycled raw materials... Read More
15 Apr 2024
--- Coveris is acquiring Hadepol Flexo, a Poland-based manufacturer of high-quality flexible paper and film packaging. Following Coveris’ recent acquisitions of packaging sites in Hungary, Poland and the Czech Republic,... Read More
15 Apr 2024
--- Recycling technology firm Polytag is partnering with non-profit company DDRS Alliance to accelerate the development and adoption of a digital deposit return scheme (DDRS) in the UK. The collaborators aim to leverage... Read More
12 Apr 2024
--- Packaging trade show Empack in Gorinchem, the Netherlands, ended yesterday. Exhibitors presented their latest solutions, including filling machines, label technology, packaging solutions and automation processes. Among the... Read More
12 Apr 2024
--- This week in industry news, Right Coast Spirits Italian Ice became the first brand to be packed in O-I Glass’ Drinktainer. Meanwhile, SABIC announced the decommissioning of its naphtha cracker Olefins 3 and Berlin... Read More
11 Apr 2024
--- Berry Global has released a white paper outlining its “breakthrough” technology in PE Cling Film. The technology is said to be the solution to finding a recyclable alternative to traditional polyvinyl chloride... Read More
10 Apr 2024
--- Reusable packaging is gaining momentum across the EU, according to Marcel Keuenhof, sustainable packaging expert at Planet Reuse. At Empack 2024 in Gorinchem, the Netherlands, April 9–11, Planet Reuse is presenting its... Read More
10 Apr 2024
--- DS Smith has signed a supplier agreement with Jonsac, a Swedish company that produces e-commerce bags from FSC-certified wooden raw materials. The partnership will see the companies collaborate on accelerating and scaling... Read More
05 Apr 2024
--- Empack 2024 in Gorinchem, the Netherlands, is inviting visitors to explore the latest innovations for filling machines, label technology, materials and industrial packaging solutions. Between April 9–11, automation... Read More
05 Apr 2024
--- Berry Global has launched two lightweight closures for the protein powder market. The closure designs use less material than previous models, combining modern design with GHG emission reductions, highlights the company. The... Read More
04 Apr 2024
--- Bioplastics manufacturer Gaia Biomaterials has concluded a US$5 million rights issue backed by Almi Invest Greentech and international and domestic private investors. The funds will be used to expand Gaia’s market... Read More
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