All Business articles – Page 13
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ArticleRecyda raises €6.3 million to expand sustainable packaging management platform
Recyda has announced it has secured €6.3 million in Series A funding from venture capital firm Cusp Capital, with plans to expand its platform for sustainable packaging management into international markets.
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ArticleNeste and Braskem to supply renewable and recycled feedstocks for polymers and chemicals production
Neste and Braskem have reached an agreement for the supply of renewable and recycled feedstocks for polymers and chemicals production, with Braskem products based on the feedstocks expected on the market from Q4 2024, sold mainly in South America.
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ArticlePlastics Recyclers Europe reports recession in the EU’s plastics recycling industry
Plastics Recyclers Europe (PRE) has expressed concern at the “alarming” downward trend in the European plastics recycling market, stating that recycling companies will continue to go out of business into 2024 “unless the situation is addressed urgently”.
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ArticleFEVE backs glass recycling, low-carbon energy, and EU funding in new report
In order to meet the glass industry’s net zero goal by 2050, the European Container Glass Federation (FEVE) advocates for production facilities to adopt low-carbon energy, supported by EU financial instruments – and for customers to keep choosing and recycling glass packaging.
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ArticleCustomers can now license Axens, IFPEN and JEPLAN’s PET recycling technology
Axens is commercially licensing its Rewind PET chemical recycling process for PET waste, developed in collaboration with IFPEN and JEPLAN, in an effort to achieve circularity for plastics and further accelerate the energy transition.
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ArticleThe key to understanding recycling market volatility
In this insight piece, Mark Victory, Senior Editor, Recycling at ICIS, explores the intricate dynamics of how waste quality affects pricing and demand, along with the complexities of contamination and degradation, which are key to understanding market volatility in recycled polymer markets.
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ArticleMovopack and Brave Kid collaborate on reusable packaging for children’s fashion
Children’s clothing brand Brave Kid has partnered with Movopack to introduce reusable packaging for its online orders, said to potentially cut CO2 emissions by 75%.
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ArticleAvantium markets plant-based PEF polymer under Releaf brand name
Avantium’s plant-based, recyclable polyethylene furanoate (PEF) polymer – recommended as an alternative material in packaging, bottle, and textile production – has been released under the brand name Releaf.
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ArticleHow Unilever thinks about packaging sustainability
When we last spoke to Unilever about its controversial decision to extend the timeframe on its sustainable packaging targets, head of Packaging Pablo Costa said the company was “doubling down rather than watering down” its efforts. What does this mean in practice? Emma Liggins attended the company’s media roundtable to dive into Unilever’s revised sustainability strategy and its views on the upcoming Global Plastics Treaty.
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ArticleAll shareholders approve International Paper’s acquisition of DS Smith
Shareholders from both companies have approved International Paper’s acquisition of DS Smith, with the combination still expected to close in Q4 2024.
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ArticlePlant-based Morro Coating applied to Transcend’s quick-service food packs
In a multi-year commercial supply agreement with 2M Group of Companies, Transcend Packaging will help upscale Xampla’s plant-based Morro Coating by applying it to selected paperboard packaging for quick-service restaurants.
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ArticleProject to establish bio-based value chain for bioplastics kicks off
Involving 14 partners from 8 countries, the POLYMEER project has officially begun, aiming to convert wet brewers’ spent grain (BSG) into high added value materials and diversify the range of material solutions capable of replacing traditional plastics.
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ArticleMondi’s €95 million mill investment bolsters ‘heavy-duty’ kraft production
Mondi has completed a €95 million investment to increase kraftliner capacity at its Świecie containerboard mill by 55,000 tonnes – a move set to help customers package large, weighted products in ‘heavy-duty’ kraft from more resource-efficient production processes.
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ArticleMondi to acquire Western Europe packaging assets of Schumacher Packaging
Mondi has revealed today that it has entered into an agreement to acquire the German, Benelux and UK corrugated converting and solid board operations of Schumacher Packaging, a move anticipated to expand Mondi’s corrugated footprint in Western Europe and add fibre-based products for e-commerce and FMCG to its portfolio.
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ArticleStora Enso opens production unit for PulPac’s Dry Molded Fiber process
Stora Enso has announced the opening of its Dry Molded Fiber Production Unit in Skene, Sweden, utilizing PulPac’s process to produce fibre products such as cup lids, which reportedly have a lower CO2 footprint compared to single-use plastics.
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ArticleArdagh Glass Packaging-Europe launches lightweight wine bottles with 12% carbon reduction
Ardagh Glass Packaging-Europe (AGP-Europe) has announced a new range of lightweight wine bottles produced in Germany for the European market, said to have a carbon reduction of 12% and a recycled glass cullet level of up to 80%.
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ArticleNew alliance calls for climate-neutral, competitive German aluminium industry
Aluminium Deutschland, IG Metall, and IGBCE have joined five federal states and various social partners in the German Aluminium Alliance, which aspires for climate neutrality and competitiveness for Germany’s aluminium industry.
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ArticleNewwen and Paardekooper join forces for reusable transport packaging
Aiming to make the logistics sector more ‘efficient and sustainable’, Newwen has launched reusable plastic (PP) transport boxes equipped with IoT technology such as RFID and QR codes, distributed by Paardekooper.
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ArticlePaboco and Blue Ocean Closures introduce ‘world’s first’ market-ready paper bottle and cap
Paboco and Blue Ocean Closures have collaborated on ‘the industry’s first’ market-ready paper bottle and fibre-based cap combination, expected to reach consumers in early 2025.
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ArticleSmithers forecasts packaging print market to reach $604.0 billion in 2029
Data and consulting company Smithers’ in-depth market modelling, The Future of Package Printing to 2029, predicts a growth trajectory for the packaging print industry that will push its global value to $604.0 billion in 2029.