All Business articles – Page 17
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ArticlePaptic raises €27.5 million in growth funding for wood fibre-based materials in 2023
By the end of 2023, Paptic closed €27.5 million in growth financing, including investments from the UB Forest Industry Green Growth Fund, Emerald Technology Ventures, SIG InnoVentures, and EIC Fund towards the end of the year.
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ArticleHydro becomes supplier for First Movers Coalition’s decarbonization efforts
At the World Economic Forum annual meeting in Davos, Hydro joined the First Movers Coalition’s “green” supplier database for the decarbonization of heavy-emitting sectors, and the First Suppliers Hub – a tool designed to help companies action their climate commitments – was launched.
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Article‘Time is running out’ to prepare for Ireland’s DRS, cautions Reconomy
Businesses must be prepared for the incoming implementation of Ireland’s deposit return scheme in February 2024, Reconomy warns, with less than two weeks left to arrange collection points.
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ArticleEurope rPE continues to face tough trading conditions although some optimism remains
Various macroeconomic conditions were blamed for hindering trading conditions for recycled polyethylene last year. Mark Victory, senior recycling editor at ICIS, runs us through his predictions as to how the cost of living, incoming legislation, and other factors might continue to impact the prices and trade of recycled polymers in 2024.
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ArticleInfinity Recycling’s Circular Plastics Fund reaches €135 million in fifth close
Upon the fifth close of its Circular Plastics Fund in December 2023, Infinity Recycling has reached €135 million in committed capital from various institutional investors, with which it aims to support advanced recycling companies to scale up their operations.
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ArticleA look at Starbucks’ journey towards a more sustainable cup
Starbucks has outlined its roadmap towards more sustainable coffee cup consumption, which involves designing cups, straws and lids for recycling or composting; accepting consumers’ reusable cups in all North American order channels; and sharing recyclability data between stores.
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ArticleNew alliance targets harmonized regulation for sustainable food packaging
A coalition of non-profit industry and non-governmental organizations have formed the Alliance for Sustainable Packaging for Foods, intending to work with global governments and regulators to pursue safe, sustainable, holistic, and harmonized food packaging regulation.
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ArticleEnvironmental footprint software Pickler receives €500,000 in funding round
Independent footprint software startup Pickler has raised €500,000 in a funding round and aims to help packaging companies calculate, share, and reduce their emissions effectively, as well as overcome greenwashing in sales and marketing.
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ArticleRussian invasion of Ukraine slashed prices and wood shipments in 2023, says WRI
In its Global Forest Industry Summary for 2023, Wood Resources International attributes tightening hardwood pulplog supply, decreased Russian lumber shipments and prices, and uncertainty in the European energy market to Russia’s invasion of Ukraine.
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ArticleUnveiling the top 5 trends in premium packaging for 2024
With 2024 under way, Smurfit Kappa details its vision for premium packaging in the coming months – minimalist, personalized, and sustainability-minded designs that tell a story and engage consumers in an immersive experience.
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Article‘Retro’ chocolate packaging designs celebrate Cadbury’s 200th anniversary
Celebrating its 200th anniversary, Cadbury has released limited-edition ‘retro’ chocolate bar packaging, launched a new television advert, and partnered with Alzheimer’s Research UK – evoking the brand’s history to connect with consumers, direct them towards charitable causes, and boost brand loyalty.
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ArticleShare joins Interseroh+ Recycling Alliance in pursuit of circularity for raw materials
Interzero’s dual system, Interseroh+, is welcoming consumer goods startup Share into its Recycling Alliance in a move set to help close its raw material loops.
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ArticleAll papers sourced by UPM Raflatac now certified as responsible
UPM Raflatac reports that it has met its responsible sourcing target six years ahead of time, with all the papers it sources now certified under a credible third-party forest certification scheme.
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ArticleXampla and 2M Group awarded UKRI funding to scale up biodegradable materials
Xampla has received the Innovate UK Smart Grant alongside 2M Group of Companies in order to scale up the production of its bio-based, biodegradable Morro materials.
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ArticleWorld Packaging Organisation announces WorldStar 2024 winners
The World Packaging Organisation (WPO) has announced the winners of its WorldStar 2024 competition, spotlighting packaging with recycled content, efficient designs, interactive experiences, and more.
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ArticleOne Rock Capital Partners affiliate completes acquisition of Constantia Flexibles
An affiliate of One Rock Capital Partners has completed its acquisition of Constantia Flexibles from Wendel, Maxburg Capital Partners, and other shareholders.
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ArticleAdopt on-pack Braille and QR codes to ensure accessibility for visually impaired, says Roland DG
Roland DG has commissioned a study revealing the negative impact of inaccessible on-pack product information on visually impaired consumers, and now encourages brands to embrace Braille, QR codes, and other solutions to ensure complete inclusivity.
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ArticleSÜDPACK acquires CARBOLIQ shares and appoints new managing director in chemical recycling progress
SÜDPACK has acquired additional shares in CARBOLIQ – intending to use its direct oiling technology to chemically recycle flexible packaging and complex multilayer films – and appointed a new managing director, BU Functional Films & Compounds manager Dick Hardow.
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ArticleParis Packaging Week reveals finalists for innovative packaging awards
The finalists for Paris Packaging Week’s ADF, PCD, and PLD Innovation Awards have been announced, with packaging from the beauty, luxury, premium drinks, and aerosol sectors set to be commemorated in ceremonies on 17th and 18th January.
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ArticleThe packaging stories and trends to follow in 2024
At the beginning of a new year, the editorial team at Packaging Europe shares its vision for the packaging industry in 2024 – where it might thrive, fall short, or change in the next twelve months.