All Business articles – Page 29
-
ArticleEU-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.
-
ArticlePenny 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.
-
ArticleMcKinsey 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.
-
ArticleSmurfit 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.
-
ArticleCoca-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.
-
ArticleSmithers 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.
-
Article€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.
-
ArticleAluminium 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.
-
ArticleGlassmaker 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.
-
ArticleBain & 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.
-
ArticlePaint 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.
-
ArticleAustralia’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.
-
ArticleFlexible 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.
-
ArticleUPM 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.
-
ArticleBall prioritises ‘low-carbon’ aluminium packaging production through sale of aerospace business
Ball Corporation is selling its aerospace business to BAE Systems to streamline its focus on developing low-carbon aluminium packaging and facilitating organic growth across its operations.
-
ArticleAmcor acquires Phoenix Flexibles plant in pursuit of Indian market growth
Amcor is acquiring Phoenix Flexibles in a bid to increase its flexible packaging production and expand its offerings in high-value segments on the Indian market.
-
ArticleInternational differences in environmental fears, hygiene concerns, and definitions of sustainable packaging examined by McKinsey
A new report from McKinsey has examined the attitudes of international consumers towards sustainable packaging – identifying varieties in hygiene concerns, environmental priorities, and the definition of a ‘sustainable’ material – and lays out five key questions for policymakers to answer when developing future strategies.
-
ArticleEllen MacArthur Foundation to work with Unilever, PepsiCo and Danone on project to scale returnable packaging
The Ellen MacArthur Foundation’s Plastics Initiative is collaborating with reuse partners and experts to model a vision for the future of scaled returnable packaging systems.
-
ArticleNew service from Berry Global aims to slice time to market for customers’ packaging developments
Berry Global is bringing together its M&H and PET Power businesses to create Berry Agile Solutions, an end-to-end, Europe-wide operation hoping to help customers increase speed to market for circularity-minded packaging solutions.
-
ArticleAmcor, Mondelez International and Licella join forces to progress construction of Australian advanced recycling plant
Amcor and Mondelēz International have signed investment agreements to help Licella construct what claims to be one of the first advanced recycling facilities in Australia and work towards processing 12,000 tonnes of end-of-life plastics every year.