All Business articles
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ArticleAgilyx to acquire 44% of GreenDot plastic recycling platform
Agilyx has entered into a binding agreement to acquire 44% of GreenDot, aiming to strengthen Agilyx’s presence in the European market and create a global platform for sourcing and supplying feedstock to the advanced recycling industry.
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ArticleInternational law bans climate non-compliance, renewing Plastics Treaty hopes
The International Court of Justice has ruled that any country that fails to tackle greenhouse gas emissions and fossil fuels is violating international law and might be required to pay reparations – amping up WWF’s call for an ambitious Global Plastics Treaty.
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ArticleEU Deforestation Regulation ‘unlikely’ to affect wooden pack and pallet users
According to the European Federation of Wooden Pallet and Packaging Manufacturers (FEFPEB), the incoming EU Deforestation Regulation will not have significant impacts on customers transporting products with wooden packaging and pallets.
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Article75% of companies could scrap voluntary targets for packaging laws by 2028
Gartner predicts that 75% of organizations will replace voluntary packaging goals with legislative guidelines by 2028, and encourages companies to achieve a competitive advantage by aligning with current and upcoming sustainability requirements.
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Article20% of all waste is burned, dumped or managed illegally, survey indicates
According to an Environment Agency survey, 20% of waste is illegally managed on average, resulting in extra clean-up costs for businesses – yet only 27% of all waste crimes are ever reported.
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ArticleWhy are big brands struggling with their packaging sustainability goals?
Last year, we reported on Unilever and PepsiCo revising their packaging sustainability targets downward. Neil Osment, Managing Director of packaging market research company NOA, explores the barriers that have prevented major brand owners from meeting these goals—and offers advice on how to overcome them.
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ArticleSIG and PulPac join forces for large-scale paper-based closure production
SIG has announced a strategic partnership with PulPac, aiming to utilize the company’s Dry Molded Fiber technology and establish a development program for large-scale production of paper-based closures for SIG’s aseptic cartons.
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ArticleSix actions to prevent industrial crisis as EU plastics recycling at ‘serious’ risk
As the EU faces soaring energy costs and competition from low-cost recyclate imports, Plastics Recyclers Europe’s president, Ton Emans, presents a six-point checklist to protect Europe’s plastics recycling industry, from improved transparency to clean energy.
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ArticleEurope’s PET tray recycling industry fights on in face of existential challenges
Only 28% of PET tray material was collected for recycling in 2022, according to ICIS. In the face of confusion around policy, cheap rPET imports, and slowing investment, what can be done to ensure the PET industry meets its 2030 PPWR targets? Matt Tudball, Senior Editor for Recycling at ICIS, takes a closer look.
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ArticleFrance referred to Court of Justice for violating labelling requirements
The European Commission has referred France to the Court of Justice of the European Union for enforcing nation-specific labelling requirements for waste sorting instructions, allegedly preventing the free movement of goods across the continent and violating EU law.
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ArticleWhat to expect from INC-5.2 – where is the Global Plastics Treaty now?
What does the Global Plastics Treaty draft text currently look like, and what can we expect from the upcoming round of negotiations? With the help of WWF, we take stock of our current position, and where we have left to go.
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ArticleExxonMobil and Inplac seek improved performance for heavy duty sacks
ExxonMobil Signature Polymers has collaborated with Inplac to develop stronger heavy duty sacks without increasing film thickness, especially for 50kg bags used in demanding markets like agriculture and construction.
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ArticleThe Rapid Interview with Maxim
In this instalment of our Rapid Interview series, Tom Wielicki – global vice president, Innovation, Sustainability at Maxim Label & Packaging – runs us through the company’s data-driven approach to digital and intelligent packaging, ranging from RFID to Digital Product Passport solutions.
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ArticleVytal targets digital reuse in foodservice and events as it acquires Bumerang
Vytal has acquired Bumerang in hopes of expanding digital reuse across foodservice and events venues in Spain, as well as helping more organizations align with incoming PPWR mandates.
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ArticleABB helps assess feasibility of low-carbon aluminium smelter in Finland
As a new investor in Arctial, ABB will contribute to ‘in-depth’ feasibility studies for the Greentop low-carbon aluminium smelter project in Finland, set to become Europe’s ‘first’ primary aluminium development for over 30 years.
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ArticleFerrero acquires WK Kellogg and its boxed cereal portfolio for $3.1 billion
Yesterday, Ferrero revealed that it would acquire WK Kellogg for a total enterprise value of $3.1 billion, taking ownership of its boxed cereal portfolio as rising prices and health trends raise concerns for the product line.
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ArticleVeolia’s closed-loop recycling plant for food-grade PET receives £70 million
Veolia is investing £70 million (€81,227,650) into a closed-loop, tray-to-tray PET recycling facility – anticipated to process 80,000 tonnes of mixed plastics annually and result in new, food-grade packaging.
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ArticleMars Sustainability Investment Fund targets recyclable, compostable flexibles
Mars has launched a $250 million Sustainability Investment Fund to drive innovation and growth in recyclable and compostable alternatives to flexible plastics, among other areas.
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ArticleSorting facility fires reignite demands for battery deposit and safety laws
Two separate fires at Hündgen Entsorgungs’ Swisttal-Ollheim waste sorting facility have reinforced calls for a deposit system for lithium-ion batteries and legislative reform to make battery disposal safer.
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ArticleGreif sells containerboard business to Packaging Corporation of America for $1.8b
Greif is divesting its containerboard business – including containerboard mills, sheet feeders, and corrugated plants – in a $1.8 billion all-cash transaction to Packaging Corporation of America.