All Business articles – Page 11
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ArticleMondi to show renewable luxury packaging and paper solutions at drupa 2024
Mondi will be showing its renewable packaging and paper solutions from its PERGRAPHICA, IQ GRASS+ Packaging and IQ Board brands at the touchpoint packaging (tpp) forum at drupa 2024, held from May 28th-June 7th in Düsseldorf, Germany.
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ArticleINEOS Inovyn announces new pilot plants for advanced PVC recycling
Chemical company INEOS Inovyn has launched two PVC pilot plants at its Jemeppe-sur-Sambre site in Belgium, hoping to accelerate recycling technologies for PVC, which is not widely mechanically recycled today.
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ArticleHow could Suzano’s reported acquisition plans for International Paper threaten the DS Smith deal?
According to a report from Reuters last week, Suzano could be set to acquire International Paper for almost $15 billion – a deal that could disrupt IP’s own plans to acquire DS Smith. In this article, Packaging Europe’s brand director, Tim Sykes, tells us everything we need to know about this news.
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ArticleInfinity Recycling’s Circular Plastics Fund closes above €150 million target
Growth capital platform Infinity Recycling (IRC) has announced the final close of its Circular Plastics Fund I SCSp (CPF), exceeding the fund’s €150 million target and securing €175 million in committed capital from institutional investors and value chain partners worldwide.
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ArticleBOBST and Henkel partnership pushes for eco-conscious packaging and tech
BOBST and Henkel have combined their skillsets in a bid to pursue optimized machine operations, environmentally conscious adhesives, paper-based flexible packaging barriers, and more.
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ArticleSurvey uncovers packaging professionals' confusion over sustainability laws
Aura has found that 27% of packaging professionals are unsure whether their company is on track to meet its sustainability targets, while 79% have limited knowledge of, or need help with, current and future packaging regulations – yet 22% feel that their supply chains are becoming more sustainable.
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ArticleAmcor and AVON launch shower gel refill pouch in China
Amcor and cosmetics company AVON have announced the launch of the AmPrima Plus refill pouch for the AVON Little Black Dress classic shower gels in China, aiming to reduce carbon footprint and water consumption.
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ArticleGraphic Packaging partners with Morrisons on new tray for meat packaging
Graphic Packaging has partnered with UK supermarket Morrisons on a photographic print pressed board tray for the retailer’s private label steak portfolio.
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ArticleSmithers foresees minor growth for corrugated board packaging in 2024
Smithers’ new market data report forecasts the shifting market dynamics and upcoming challenges in corrugated board packaging over the next five years – predicting ‘slight’ growth across 2024 and a ‘broader recovery’ in world demand.
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ArticleUnilever’s packaging sustainability goals get a major reality check
Unilever – one of the world’s largest FMCG brands – recently made a number of major updates to its packaging sustainability objectives. Why has this move caused so much controversy, what does it actually mean in practice, and could it signal change across the rest of the packaging value chain? Tim Sykes, Packaging Europe’s brand director, tells us more.
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ArticleIndustry rallies behind simplified environmental certification process
The European Organisation for Packaging and the Environment (EUROPEN), the Alliance for Beverage Cartons and the Environment (ACE), and the Confederation of European Paper Industries (CEPI) are among the signatories calling for a “simplified procedure” to be introduced under the EU’s Green Claims Directive – streamlining the verification process for claims that are based on recognized methodologies or do not require a full life cycle assessment.
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ArticleSuzano’s rumoured acquisition plans for International Paper could threaten DS Smith deal
According to Reuters, Suzano has expressed its interest in an all-cash acquisition of International Paper worth almost $15 billion – a move that could disrupt Internation Paper’s acquisition of DS Smith.
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ArticleRed Sea shipping disruptions increasing flexible packaging prices, says FPE
Flexible Packaging Europe has attributed the rising prices of European flexible packaging materials in Q1 2024 to shipping disruptions in the Red Sea, driven by ‘escalating tensions’ in the Middle East.
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ArticleCarbios’ bio-recycling plant set to receive 15kt PET supply from Hündgen Entsorgungs
Hündgen Entsorgungs has entered a supply agreement to source, prepare, and supply Carbios’ industrial-scale bio-recycling plant with 15kt of post-consumer PET flakes every year from late 2026.
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ArticleGlobal Plastics Treaty negotiations too slow to counteract pollution, WWF fears
From WWF’s perspective, discussions of a Global Plastics Treaty at INC-4 ‘yielded some success’ in combating the plastic waste crisis, yet negotiations ‘moved at too slow a pace’ to match current pollution levels.
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Article€213 million open call from CBE JU aspires for circular biobased economy
Circular Bio-based Europe Joint Undertaking (CBE JU) has opened a call for project proposals in a bid to stimulate a circular economy for biobased materials in Europe, offering a total of €213 million to eighteen successful applicants.
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ArticleRecycler SGÅ bought by Ardagh Glass Packaging Europe to close glass loop
Ardagh Glass Packaging Europe has agreed to purchase glass recycler Svensk Glasåtervinning, aiming to secure its supply of high-quality glass cullet and prevent exports from taking recyclate out of Sweden.
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ArticleUnilever’s reduced and extended plastic reduction target causes controversy
Unilever has revised its goal to halve virgin plastic consumption by 2025, shifting the target to one-third by 2026. This is feared to result in a further 100,000 tons of fresh plastic being produced every year and has sparked backlash – yet others have defended the move as a realistic decision.
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ArticleGroundbreaking ceremony held for ‘world’s first’ PET bio-recycling plant
A groundbreaking ceremony has taken place for Carbios’ industrial-scale PET bio-recycling plant in Longlaville, with its construction process said to be on schedule to deliver ‘significant quantities’ to customers in 2026.
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ArticleCollection targets, PFAS limits, fresh produce packaging bans approved in PPWR vote
Packaging bans for fresh produce from 2030, limits on PFAs, crackdowns on empty space, and high collection and reuse targets are among the measures adopted by the European Parliament for the Packaging and Packaging Waste Regulation; industry players are broadly optimistic that the text will help harmonize the Single Market, yet fear the consequences of misplaced restrictions.