All Business articles – Page 2
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U.S. Government commits $14 million to tackling plastic pollution crisis
The End Plastic Pollution International Collaborative (EPPIC), a public-private partnership intending to bolster international efforts to tackle the impacts of plastic pollution, will receive $14 million in funding from the United States government.
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Dow reveals Packaging Innovation Awards winners
Dow has announced the winners of this year’s Packaging Innovation Awards (PIA) which include heat-shrink labels created from recycled PET bottles, flat core repair tape said to improve transport efficiency by 112% and a “first of its kind” handwash pouch for the Indian FMCG industry.
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EUROPEN manifesto backs strong Single Market, swift PPWR transition, and more
In its Packaging Industry Manifesto for the 2024-2029 political term, EUROPEN calls for the “swift” implementation of improved regulation; a strengthened Single Market to underpin competitiveness and decarbonization; and regulation that will protect and empower professionals and consumers alike.
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Global CEOs call for “ambitious and actionable treaty” to end plastic pollution ahead of INC-5
Ahead of the fifth session of the Intergovernmental Negotiating Committee (INC-5) next month, the Business Coalition for a Global Plastics Treaty has published an open letter calling on governments to address plastic pollution at a global level.
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UPM Specialty Papers and Michelman introduce new recyclable paper packaging structures
UPM Specialty Papers and Michelman have co-created three solutions designed to allow brand owners to replace multi-material, non-recyclable packaging with paper-based alternatives that meet their requirements for food contact and recyclability.
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Recyda 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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Neste 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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Plastics 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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FEVE 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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Customers 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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The 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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Movopack 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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Avantium 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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How 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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All 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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Plant-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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Project 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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Mondi’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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Mondi 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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Stora 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.