All Business articles – Page 22
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Open-source net zero roadmap revealed by Mars
Mars, Incorporated has published its Net Zero Roadmap, an open-source action plan documenting its plans to have carbon emissions across its value chain by 2030, invest $1 billion in driving climate action, and more.
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Interplas 2023 celebrates 75th anniversary and honours key plastics industry players
Interplas 2023 will take place at the NEC, Birmingham between 26th and 28th November with over 530 exhibitors and a lineup of conference sessions and events seeking to share knowledge and celebrate milestones within the global plastics industry.
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Pepsi and Mineré distribute ‘first 100% rPET bottles’ on Thai market using ENVICCO recyclate
ALPLA and PTT Global Chemical’s joint venture, ENVICCO, is helping beverage brands Pepsi and Mineré roll out what claim to be Thailand’s first 100% rPET bottles – apparently serving as the first food-grade rPET sold on the Thai market.
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What steps is Apple taking to make its packaging more sustainable?
Apple has designed downsized, fibre-based, label-free packaging for its new Apple Watch line and is set to increase its delivery via ‘low-carbon’ transportation – aspiring to phase out plastics and decarbonise its operations by 2025 and 2030, respectively.
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UKRI to reward refillable food and beverage packaging initiatives in £1.5m competition
UKRI has introduced a £1.5 million competition for Liquid Food and Beverages in Refillable Packaging to its Smart Sustainable Plastic Packaging (SSPP) Challenge, hoping to incentivise brands, retailers, and consumers to make use of reusable and refillable packaging.
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Smurfit Kappa and WestRock agree merger
Following discussions last week around a potential merger, Smurfit Kappa and WestRock have confirmed an agreement to combine their businesses into a $20 billion company.
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EU-backed fund invests €50 million in bid to support circularity in plastics industry
The European Union’s European Investment Fund (EIF) has invested €50 million in Infinity Recycling’s Circular Plastics Fund, an impact fund that invests in companies developing new processes for the advanced recycling of plastics.
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Penny Black receives additional investment for e-commerce marketing SaaS tool
Penny Black has received £1.5 million in additional seed funding from AGFA and ninepointfive for its e-commerce marketing SaaS tool – a solution currently utilised by a range of brands for personalisation campaigns in product deliveries.
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McKinsey on the keys to tackling rPET shortages
McKinsey has laid out three potential approaches to tackling rPET shortages on the US market and meeting increasing demand for recycled content in packaging – increasing supply, ensuring access, and designing for circularity.
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Smurfit Kappa and WestRock in discussions regarding merger
Two of the world’s largest packaging producers, Smurfit Kappa and WestRock, are discussing the key terms of a potential merger to create Smurfit WestRock – a company that would reportedly be worth around $20bn.
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Coca-Cola, Unilever and GSK urge EU to set more aggressive greenhouse gas emissions targets
A new position paper from Corporate Leaders Group (CLG) Europe is calling upon the European Union to reduce its greenhouse gas emissions by at least 90% by 2040 and lays out ten principles to achieve this, including the phasing out of fossil fuels and an evidence-based approach to carbon removals.
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Smithers tracks how PPWR will accelerate Europe’s drive to sustainable packaging
The impending adoption of the Packaging and Packaging Waste Regulation (PPWR) to replace the 30-year-old Packaging and Packaging Waste Directive 94/62/EC, is once again making Europe a focus for sustainable packaging innovation. These changes, and the impact across the packaging value chain, are examined in a recent free White Paper – A framework for understanding the Packaging & Packaging Waste Regulation (PPWR) – from Smithers, the leading consultancy for the paper, print, and packaging industries.
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€23 million in growth financing set to help Paptic phase out rise in plastic packaging
Paptic has raised €23 million in growth financing in preparation for the industrial scale-up of its foam-based manufacturing technology, the expansion of its product portfolio, and its 2030 target for carbon neutrality.
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Aluminium aerosol can market grew by 6.6% in first half of 2023, says AEROBAL
In the first half of 2023, the International Organisation of Aluminium Aerosol Container Manufacturers (AEROBAL) claims that its members’ global shipments of aluminium aerosol cans increased by 6.6% to just over 3.2 billion units – noting a growing interest in CO2 reduction and challenges posed by global economic conditions.
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Glassmaker Bormioli Luigi incorporates Bormioli Rocco in merger
Bormioli Luigi has absorbed Bormioli Rocco with the expectation of accelerating its growth and development in the glass sector.
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Bain & Co notes stalling decarbonisation, misidentified sustainability metrics, and financial growth opportunities in paper industry
A new report from Bain & Co examines the landscape of the paper and packaging industry and identifies environmental roadblocks, including slow progress in carbon reduction efforts and consumers’ skewed perceptions of sustainable materials, alongside potential opportunities for economic benefit.
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Paint the picture: How brands can navigate choices and satisfy consumers
The critical challenges facing companies in the packaging sector are clear: achieving sustainability objectives, ensuring that products are safe and convenient for consumers to use, and maintaining profitability. But how can these occasionally competing aims be reconciled? Mandi Alaterä, Senior Vice President at Stora Enso’s packaging materials division, tells us more.
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Australia’s ‘first’ infinite recycling R&D facility announced by Samsara Eco
Samsara Eco will open what is claimed to be Australia’s first infinite recycling research and development facility, where the start-up hopes to expand its enzymatic library and pursue its goal of recycling 1.5 million tonnes of plastic a year by 2030.
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Flexible tube deliveries rose by 2% in first half of 2023, says etma
The European Tube Manufacturers Association (etma) has reported an almost 2% growth in flexible tube deliveries in the first half of 2023, reaching a total volume of approximately 6.2 billion units and signifying general stability in the market.
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UPM Raflatac receives certificate of validity for LCA service
UPM Raflatac’s Label Life LCA calculation engine has been awarded a certificate of validity from DEKRA, thus verifying – and, it is hoped, increasing assurance in – its process of generating life cycle assessments at scale.