All Business articles – Page 55
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ArticleEuropean labelstock demand dropped sharply in fourth quarter of 2022, says FINAT
New statistics released by FINAT have reported that European labelstock demand faced a significant decrease in last year’s fourth quarter due to strike-related paper shortages from Finland in the first half of 2022, amongst other causes.
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ArticleAmcor acquires MDK to expand medical device packaging portfolio in Asia Pacific region
Amcor has announced its acquisition of MDK, a Shanghai-based provider of medical device packaging, in an effort to complement its existing portfolio on the Chinese market.
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ArticleUber and Visa launch programme to provide $1 million to small food establishments switching to sustainable packaging
Uber and Visa are joining forces in a new programme designed to support qualifying small-to-medium-sized Uber Eats restaurants in their transitions towards sustainable packaging solutions with a $1 million fund.
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ArticleEuropean Parliament proposes ban on plastic waste exports to developing countries
The European Parliament has given its backing to a new law that would ban exports of plastic waste to non-OECD countries, and phase out the export of plastic waste to OECD countries within 4 years.
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ArticleHolyGrail 2.0 to launch pilot in French market, marking a new project phase
The HolyGrail 2.0 initiative has entered its next project phase, in which its digital watermarking technology will be tested for such features as detection, ejection, and purity at three industrial-level testing facilities in France and Germany.
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ArticleSustainaPac and PulPac endeavour to bring Dry Molded Fiber food service packaging to North America
SustainaPac LLC has joined PulPac’s licensee network and now hopes to utilise the latter’s Dry Molded Fiber technology and produce single-use food service packaging products for the North American quick service restaurant market.
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ArticleBillerud CEO Christoph Michalski on its growth strategy investments in the US and Norway
“I look forward to taking on the challenge of developing BillerudKorsnäs to reach its full potential,” said Christoph Michalski, CEO of Billerud, when taking up the post in the summer of 2020. Lots has happened since he got started – the major acquisition of Verso in the United States is one example, and the recently announced partnership with Viken Skog in Norway another. Sitting down with Bo Wallteg – editor-in-chief at nord emballage (where this article originally appeared) – over lunch at HK, Michalski elaborated on his thoughts on the US and Norway and what awaits around the corner.
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ArticleNGOs unite to create knowledge exchange network and pursue eradication of plastic pollution
The World Economic Forum’s Global Plastic Action Partnership (GPAP), the Ellen MacArthur Foundation’s Plastics Initiative and WRAP have announced a collaboration set to share knowledge between their global initiatives and encourage global progress in combating plastic pollution.
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ArticleGPA Global acquires Cosfibel Group for nearshoring opportunities and growth into luxury packaging
GPA Global has acquired Cosfibel Group in a move hoped to establish GPA’s presence in the luxury packaging sector and expand its nearshore and onshore manufacturing capabilities.
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ArticleNGOs take legal action against Danone over alleged inaction against plastic pollution
ClientEarth has announced that, alongside Surfrider Foundation Europe and Zero Waste France, it will be taking Danone to court, alleging that it has violated its legal requirement to disclose and address the environmental impact of its operations.
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ArticleThe packaging stories and trends to follow in 2023
What will 2023 hold for the packaging industry? In this article, the Packaging Europe editorial team gives its predictions on the biggest challenges the sector will face during the year ahead.
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ArticleWinners of WorldStar Awards 2023 announced by World Packaging Organisation
The World Packaging Organisation has announced the 228 winners of its WorldStar Awards 2023, including nominees under the new Gift Packaging, Digital Packaging, and Accessible Packaging categories.
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ArticleStora Enso completes De Jong Packaging Group acquisition and estimates 2,000 million m2 corrugated packaging capacity
Stora Enso has successfully completed its acquisition of De Jong Packaging Group and aims to further expand its portfolio into applications such as renewable packaging and e-commerce solutions at a combined corrugated packaging capacity of 2,000 million m2.
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ArticleStora Enso divests site to Sylvamo in bid to focus on development of sustainable solutions
Stora Enso has completed the divestment of its Nymölla paper production site and all related assets to US-based uncoated paper producer Sylvamo – a move hoped to allow the company to narrow its focus to expanding its renewable packaging portfolios, biomaterial innovations, and building solutions.
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ArticleIs the age of low-cost RAIN RFID tags finally dawning?
More than 28 billion RAIN RFID chips were deployed in 2021 and it’s expected that the market for these tags will have reached 35 billion by the end of 2022. The majority of these chips are low-cost 3-cent 96-bit RFID “product ID tags” used in supply chain logistics for retailers, performing a similar function as the barcode from the 1970s, but with the benefit that they read through a box at a speed of 1,000 items (tags) per second.
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ArticleENGEL provides pay-per-use injection moulding machinery for flexibility and financial security
ENGEL has expanded its injection moulding machinery range with a pay-per-use model in the hopes of reducing investment risk while boosting flexibility in production.
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ArticleSaica Group acquires shares in Fox Recykling to expand Eastern European waste management
Saica Group has reached an agreement to acquire 76% of Fox Recykling’s shares in the hopes of expanding its waste management services in the Eastern European market via its Saica Natur business division.
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ArticleWine in a can: the Australian perspective
Following our interview with Austrade last month where we discussed packaging innovation in Australia, we asked Ian Batt, winemaker and founder of Australia’s Small Things Wine (which produces wine in a can) about recyclability, the manufacturing process and sustainability goals.
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ArticleMondi set to divest Russian operations to the Gotek Group for around €24 million
Mondi has announced that it will sell its Russian packaging converting operations – a corrugated solutions plant and two consumer flexibles plants – to the Gotek Group for a cash payment of RUB 1.6 billion, or approximately €24 million at the current exchange rate.
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ArticleBorealis signs power purchase agreement with VERBUND to supply Austrian operations with hydropower
Borealis and VERBUND have signed a ten-year power purchase agreement to supply a yearly 220 GWh of hydropower – reportedly comparable to the amount of energy used to power 50,000 Austrian households – to Borealis operations in Schwechat, Austria, from January 2023.