All Business articles – Page 2
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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.
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ArticleIndustrial demonstration plant to depolymerize and rebuild PET opens its doors
GR3N has announced the opening and launch of an industrial demonstration plant for its microwave-assisted depolymerization (MADE) technology in the hopes of becoming the ‘world’s leading supplier’ of PET and polyester rebuilt from recycled monomers.
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ArticleViamedici and Sustain360 partner on digital product passports to meet European Commission’s environmental standards
Viamedici and Sustain360 have teamed up to create digital product passports (DPPs), to meet the requirements of the European Commission’s Sustainable Products Regulation (ESPR). The passports will detail a product’s sustainability, environmental impact, and recyclability, utilizing Web 3.0 technologies including GenAi, Blockchain, and Graph databases. The ...
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ArticlePolytag secures female-led funding boost towards a circular economy
Recycling technology company Polytag announced it has completed Series A seed funding with two female-led investors as part of its aim to transform the recycling industry across the UK and Europe.
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ArticleSyensqo partners with TOMRA to advance the sorting of multilayer PVDC packaging waste
Syensqo and TOMRA have joined forces to demonstrate the technical and economic feasibility of separating and sorting multi-component plastic structures in which polyvinylidene chloride (PVDC) serves as a barrier layer. The partners developed a joint set of experiments with multilayer samples of commercial packaging waste consisting of ...
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ArticleAmazon opens applications for Sustainability Accelerator to help startups scale businesses
The Amazon Sustainability Accelerator has opened for applications from European climate-tech startups focused on building businesses in consumer products, circular economy, energy in buildings, and packaging.
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ArticleMars adopts digital technology for packaging development in collaboration with Ansys
Mars has announced a new collaboration with engineering software company Ansys to adopt simulation software aiming to reimagine the packaging innovation process through digital technology.