All Business articles – Page 13
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ArticleCepi welcomes carbon removal vote but calls for renewable carbon definition
The EU Parliament has approved the European Union’s carbon removal certification framework, but Cepi is calling for a definition of renewable carbon, which it says is the missing link to a circular, climate-friendly economic model.
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ArticleConsumers back worldwide single-use plastics ban in new survey
According to a new Ipsos survey commissioned by WWF and the Plastic Free Foundation, an average of 85% of respondents want ‘unnecessary, avoidable, and harmful’ single-use plastics to be banned worldwide via a Global Plastics Treaty.
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ArticleBorealis invests €4.5 million to increase share of renewable and recycled raw materials
Borealis has announced a €4.5 million investment in the cracker furnaces at its olefins unit in Porvoo, Finland, aiming to increase the share of renewable and recycled raw materials used in its ethylene and polypropylene production.
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ArticleAvery Dennison and Controlant provide end-to-end visibility with IoT device
Avery Dennison is partnering with Controlant, a digital platform provider for pharma supply chains, to drive real-time, end-to-end visibility and support sustainability initiatives in the pharma industry.
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ArticleFactory investment for wood fibre food packs considered by Metsä Group
In line with an ongoing demonstration phase, Metsä Group will run a pre-engineering project to evaluate the feasibility of a commercial-scale factory for its Muoto wood fibre products – intending to offer renewable, recyclable alternatives to plastic food packaging.
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ArticlePlastic Bank and Greiner Packaging extend effort to clean up coastal plastic waste
At the end of 2023, Greiner Packaging and Plastic Bank extended their partnership to collect plastic waste from coastal areas in the Philippines – an effort that is already said to have removed over 610 tons of plastic.
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ArticleSparxell raises $3.2 million to advance development of plant-based pigments
Sparxell has announced the completion of a $3.2 million funding round to accelerate the development and commercialization of products to eliminate synthetic chemicals from colourants in the cosmetics, fashion, paint, and packaging markets.
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ArticleWalkers targets virgin plastic reduction with new paper outer bags
Walkers has announced the rollout of new paper outer bags for all Snack A Jacks multipacks, set to reduce the brand’s use of virgin plastic by 65 tonnes per year.
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ArticleIMA targets cosmetics and personal care sectors with OMAS Tecnosistemi acquistion
IMA has announced its acquisition of OMAS Tecnosistemi, a supplier of high-tech customized solutions in the cosmetics, make-up and personal care sectors. The agreement provides for the purchase of a majority of OMAS’s shares, held by its manager Savino Giudici. Luigi Giudici founded OMG, a mechanical workshop ...
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ArticleWatttron secures €12 million in funding to develop technological capabilities and market expansion
Temperature control systems company Watttron announced it has successfully raised €12 million in SERIES B funding to develop the technological capabilities of its packaging solutions and expand into the American and Asian markets. The round was led by the Circular Innovation Fund (CIF) - a global venture ...
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ArticleCounterbid from International Paper complicates Mondi’s acquisition plans for DS Smith
International Paper is in discussions with DS Smith surrounding a potential acquisition, raising an offer of over £5 billion (€5,827,700,000) and sparking a ‘potential bidding war’ with Mondi.
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ArticleEastman to receive up to $375 million investment for second U.S. molecular recycling project
Eastman’s second U.S. molecular recycling project has been selected by the Department of Energy (DOE) to begin award negotiations for an investment of up to $375 million.
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ArticleAdnams marks anniversary with refreshed bottles, cans, casks and kegs
In honour of its 150th anniversary, Adnams has redesigned its core range of kegs, casks, bottles, and cans in collaboration with CookChick and artist Vanessa Sorboen, with two new brews included in the new lineup.
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ArticleSustainaholics and easyJet serve miniature spirits in 100% PCR aluminium bottles
In a new collaboration, Sustainaholics’ full range of spirits will be available in 100% post-consumer recycled (PCR) aluminium bottles on select easyJet flights.
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ArticleLoftware launches cloud labelling platform for supply chains at LogiMat 2024
Loftware has launched its Loftware Cloud labelling platform at LogiMAT 2024, designed to help businesses with supply chain complexities, ensure supplier compliance and improve traceability.
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ArticleKemira and PA Consulting develop renewable barrier coatings for flexible food packaging
Kemira and PA Consulting have teamed up to develop a polysaccharide-based renewable barrier coating material for flexible food packaging applications.
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ArticlePlastics manufacturers oppose ‘discriminatory’ recyclate, paper and board rules in PPWR
IK Industrievereinigung Kunststoffverpackungen argues that ‘material-discriminatory’ measures remain in the provisional Packaging and Packaging Waste Regulation, and it is feared that resultant loopholes will exacerbate trade conflicts and adverse environmental effects.
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ArticleGerman plastics manufacturers hit by high prices in 2023 but remain hopeful
According to Plastics Europe, high energy prices, increased labour costs, and subsequent production costs caused the German plastics manufacturing industry to decline significantly for the second year in a row in 2023.
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ArticleRoded and Aran transform agricultural and Bag In Box films into raw material
Roded Recycling Industries and Aran have partnered on a combined recycling process, creating a raw material from agricultural plastic film waste and Bag In Box laminates.
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ArticlePPWR deal could bolster imported recyclate quality but disrupt internal market, says EuRIC
EuRIC has commended the COREPER deal on the Packaging and Packaging Waste Regulation as a ‘significant milestone’ in holding imported plastics to EU standards and strengthening European competitiveness – yet it fears that priority access to plastic recyclate could impact the internal market.