All Business articles – Page 36
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What do past trends tell us about the future of the packaging industry?
Based on the last 20 years of development in consumer demand, global policy, and corporate action, McKinsey reports that sustainability and digitalisation are the main megatrends that will provide both challenges and opportunities for the future of the packaging industry, with leaders needing to take action now to be resilient to change.
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How to build more momentum for sustainable packaging ESG efforts
In our latest article from Robert Lilienfeld, founder and executive director of sustainable packaging think tank SPRING, Robert catches up with Dr. Thomas Gröner, director at TG Pack Solutions, to unpack the secret behind successful sustainable packaging ESG.
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PepsiCo to set specific goals for reducing single-use beverage packaging following shareholder pressure
Responding to a shareholder proposal filed by As You Sow, PepsiCo has agreed to set a time-bound goal by the end of 2022 for a percentage volume of its beverages to be delivered via strategies such as reusable and refillable bottles in a bid to reduce dependency on single-use plastics.
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Record growth for European label industry threatened by raw material shortages
According to FINAT, European self-adhesive labelstock demand increased by 7% in 2021. However, raw material shortages coupled with supply chain tensions and ongoing strikes could significantly destabilise the industry’s prospects for 2022.
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Shareholder approval for BillerudKorsnäs acquisition of Verso
At a special meeting of Verso’s shareholders, BillerudKorsnäs’ acquisition of Verso was approved with the transaction expected to close in late March or April 2022.
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Nozama launches ‘world’s first’ NFT platform for collaborative plastic waste recovery
Nozama has launched what it claims is the world’s first utility Non-fungible Token (NFT) platform, Plastiks, which aims to connect plastic consumers and producers with recyclers in a bid to improve single-use plastic (SUP) recovery.
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Amcor makes strategic investment in printed flexible electronics
In its continuing efforts to discover and develop innovative technologies for the packaging industry, global packaging supplier Amcor, a longstanding member of AIPIA, has announced a USD$5m strategic investment in another AIPIA member, PragmatIC Semiconductor, a leading developer and manufacturer of ultra low-cost printed flexible electronics (PE).
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Here’s how investor activism is affecting packaging sustainability
We talked with As You Sow’s Conrad MacKerron, to learn more about the change the organisation has affected thus far – as well as its vision for the future.
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How is Russia’s invasion of Ukraine impacting the packaging industry?
The war has had an immediate impact on the sector by raising the prices of raw materials and affecting the way that businesses are able to operate.
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AEROBAL records slight drop in demand for aluminium aerosol cans in 2021
According to AEROBAL, global shipments to its members declined by 1.2% in 2021, which it mainly attributes to reduced demand in Europe. The industry remains concerned about supply chain tensions, as well as the impact of Russia’s invasion of Ukraine on global markets.
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How will the war in Ukraine affect the paper and pulp industry?
It’s clear that Russia’s invasion of Ukraine will have an effect on the price and flow of raw materials used by the packaging industry. The paper-based packaging sector is no exception. We spoke with Cepi to learn more about how the war is affecting the sector right now, and what to expect in the weeks and months ahead.
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European plastic mechanical recycling rate at 23%, says AMI
According to AMI, mechanical recycling in Europe exceeded 8 million tonnes in 2021, with an overall recycling rate of 23.1%, as feedstock insecurities exacerbated by the COVID-19 pandemic continue.
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EPR: Penalty or opportunity?
Emma Samson, marketing communications manager at environmental consultancy Searious Business, gives an introduction to EPR and argues that ambitious brands should see it as an exciting opportunity.
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Cepi report suggests paper industry ‘bouncing back’ with structural changes underway
A new report from Cepi suggests that as the paper and board industry “bounces back” from the challenges of COVID-19, shifting trends in material use are becoming longer-term patterns, with packaging production reporting the highest levels of growth ever.
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Finalists named in £1 million prize aimed at tackling plastic pollution in Africa
15 finalists have been named as part of the first Afri-Plastic Challenge strand, Accelerating Growth, which aims to reward innovative downstream solutions for managing plastic waste after it has been used and discarded.
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Carbios and Indorama Ventures to build ‘first of its kind’ manufacturing plant for bio-recycled PET
A new manufacturing plant using Carbios enzymatic PET recycling technology is slated for construction at Indorama Ventures’ PET production site in France, with the aim of being operational by 2025 as part of a collaboration between the companies announced yesterday.
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Kraft Heinz to set virgin plastic reduction goal following shareholder pressure
Kraft Heinz has agreed to set a goal to reduce its total virgin plastic use, following the filing of a shareholder proposal and engagement with As You Sow, a shareholder advocacy nonprofit.
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Mondi reinforces packaging focus with business divestment
Mondi has announced that it has entered an agreement to sell its Personal Care Components (PCC) business to Nitto Denko Corporation as part of its strategic focus on expanding its packaging operations.
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etma reports on European tube industry’s ‘resilient’ 2021 figures
According to a report from the European tube manufacturers association (etma), the European tube market remained “stable” in 2021 despite the on-going challenges of the COVID-19 pandemic, reaching a total volume of just over 11.6 billion units.