All Business articles – Page 36
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ArticleInternational Aluminium Institute launches transparent decarbonization initiative
A new initiative has been launched by the International Aluminium Institute with a focus on transparent and public tracking of its member companies’ intention to reduce, and developments in the reduction of, greenhouse gas emissions.
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ArticleFlexible plastics and paperboard markets will grow the fastest in next five years, Smithers claims
According to a new market report from Smithers, the packaging sector will reach a total value of $1.17 trillion in 2023, with flexible plastics and paperboard set to become the fastest-growing packaging materials in the next five years.
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ArticlePlastics Recyclers Europe manifesto targets progress and competitiveness for plastics industry
In its new manifesto, Plastics Recyclers Europe encourages the EU to drive competitiveness and innovation for plastics, listing science-based policies, traceable imports, and realistic targets amongst its recommended points of priority.
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ArticleMondi upgrades production mills for efficient and accessible saturating kraft paper
Mondi has added to its saturating kraft paper range, invested in a new paper machine, and improved the efficiency of existing models across various European mills with the goal of optimizing capacity, efficiency, and availability.
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ArticleToppan to build new line for next-generation semiconductor packages
Toppan has entered into a sale and purchase agreement with JOLED Inc. to build a mass production line for high-density semiconductor packages at JOLED’s Nomi site.
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ArticleReuse and refill targets and restrictions on single-use endorsed in joint letter
Over 1,700 companies in the European reusable and refillable packaging industry have backed the draft General Approach of the Packaging and Packaging Waste Regulation proposed in Spain, especially its reuse and refill targets and restrictions on the single-use packaging market.
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ArticleLabel waste becomes insulation material in UPM Raflatac and Soprema partnership
UPM Raflatac has named Soprema as its main partner in label waste recycling in the EMEIA region, with label waste collected through the RafCycle recycling service set to be converted into new construction and insulation materials.
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ArticleBorealis to boost recycling capacity with Integra Plastics acquisition
Borealis has acquired advanced mechanical recycler Integra Plastics AD in the hopes of increasing its recycling capacity by over 20,000 tons and meeting consumer demand for sustainable solutions.
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ArticlePackaging ban for fruit and veg would ‘level the playing field’ in tackling retail waste, says Tesco
Tesco is supporting a government ban on fruit and vegetable packaging in a bid to prevent inequalities between market competitors when combating waste – although other retailers have voiced their concerns about selling fresh produce loose, from product quality to consumer uptake.
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ArticleExecutive committees in packaging sector feature 40% women, survey suggests
According to The Pipeline’s annual Women Count report, FTSE350 businesses in the packaging sector feature at least 40% women in their executive committees – yet only one in five commercial roles on executive committees as a whole is held by a woman.
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ArticleAkzoNobel funds production plant for bisphenol-free coatings
Paints and coatings company AkzoNobel is investing €32 million into a new plant at Vilafranca del Penedès to manufacture bisphenol-free coatings for metal packaging companies in the EMEA region.
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ArticleIndustry players have their say in response to plenary vote on PPWR
Organizations from across the packaging industry have responded to the European Parliament’s new position on the Packaging and Packaging Waste Regulation; its ‘ambitious’ measures and streamlined definitions have been praised, yet the text is accused of preserving ‘arbitrary’ bans and targets and being ‘behind the times’ in its execution.
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ArticleEuropean Parliament revises PPWR to reduce waste, enhance safety, and more
The European Parliament has set its sights on reducing unnecessary packaging and waste, banning ‘forever chemicals’ in food packaging, boosting reuse and recycling, and more as it adopts its new position on the Packaging and Packaging Waste Regulation.
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ArticleWhat did we learn from INC-3 in Nairobi?
As the third meeting of the Intergovernmental Negotiating Committee (INC-3) draws to a close in Nairobi, the Business Coalition for a Global Plastics Treaty has praised the majority of Member States for their positive contribution – but the Ellen MacArthur Foundation states that “limited formal progress” was made to boost intersessional work or expand on the zero draft text ahead of the treaty’s adoption in 2025.
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ArticleInvasion of Ukraine contributed to halved Russian lumber export prices, says WRI
Wood Resources International has calculated an almost 50% decrease in export prices for Russian lumber since early 2022 – an outcome attributed to import boycotts stemming from Russia’s invasion of Ukraine, lower demand in China, and the weakening of the ruble against the US dollar.
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ArticleNestlé investment opens new recycling plant for flexible plastic packaging
Nestlé has invested £7 million into the opening of Impact Recycling’s new recycling plant, which is set to convert hard-to-recycle flexible plastics into pellets to produce new flexible packaging.
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ArticlePlastic waste exports to developing countries banned under EU law
Plastic waste shipments from the EU to non-OECD countries are now forbidden as the European Commission welcomes the agreement to take greater responsibility for EU exports, lift the environmental burden on third countries, and utilize waste as a resource in line with the Green Deal.
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Article2M Group partnership a ‘significant milestone’ in scale-up of Xampla’s natural packaging material
Xampla has announced a partnership with 2M Group of Companies to scale up the production and distribution of its “fully biodegradable” plant-based materials.
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ArticleComplementary reuse and recycling and prevention from exceeding EU reuse targets prioritized in joint letter
As a plenary vote on the Packaging and Packaging Waste Regulation approaches, UNESDA has joined a range of European organizations in signing a letter calling for the complementarity of reusable and single-use recyclable packaging, alongside the prevention of exceeding the European Commission’s reuse targets.
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Article3,162 companies share plastics data via CDP’s environmental disclosure platform
As negotiations for a Global Plastics Treaty continue this week, over 3,000 companies – including Unilever, Johnson & Johnson, and Sumitomo Chemical – have disclosed information regarding their production, use, and disposal of plastics via environmental disclosure platform CDP, while 48 financial institutions have signed an open letter calling for corporate disclosure to become mandatory.