All Business articles – Page 7
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ArticleHigh costs, low demand, and imports stall Europe’s plastic recycling capacity
According to new data from Plastics Recyclers Europe, the continent’s recycling capacity has stagnated with a year-on-year increase of only 6% in 2023; this is reported to mark its lowest growth since 2017.
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ArticleNo agreement reached over a Global Plastics Treaty at INC-5
After a week of negotiations, INC-5 has come to a close with no agreement reached over a Global Plastics Treaty, and another session is now expected to take place in 2025 – an outcome many blame on ‘low-ambition countries’ stalling progress for their own ends.
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ArticleBusinesses want ‘concrete outcomes’ over complete consensus at INC-5
The Business Coalition for a Global Plastics Treaty is pushing for an instrument that prioritizes the ambition of most INC-5 negotiators over voluntary measures with universal support.
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ArticleINC-5 Chair fast-tracks revised text amid frustrations over slow progress
Responding to mounting frustration over slow progress at INC-5 in Busan, Ambassador Luis Vayas Valdivieso is set to release a revised Global Plastics Treaty text ‘as early as noon on Friday’. Now attendees are urging negotiators to act quickly and prioritize completion over consensus.
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ArticleBerry and Stora Enso create hybrid packaging solution for Valio yoghurt
Berry Global and Stora Enso have designed a custom version of Berry’s CombiLight pot for Finnish brand Valio’s PROfeel protein puddings, aiming to help the company meet its commitment to reduce plastic usage by 15% in its single-use single-serve packaging by 2026.
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ArticleCapacities rise at DS Smith’s Hungarian sites with €34 million investment
Aiming to boost its manufacturing capacities by 40%, DS Smith has invested €34.4 million into its Hungarian operations, including new converting equipment, an updated corrugator, and three ‘eco-classrooms’ for children.
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ArticleWhere does the European Commission stand on a Global Plastics Treaty?
Among other measures, the European Commission aims to ban and phase out ‘problematic’ substances and implement a Polluter Pays Principle in Global Plastics Treaty negotiations at INC-5 – yet it emphasizes differences in national circumstances as it pursues a just transition.
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ArticleBusinesses seek global rules, steps by sector, and EPR in plastics treaty
As negotiations continue at INC-5 in Busan, the Business Coalition for a Global Plastics Treaty calls for a legally binding instrument to set international obligations, take sector-specific action, and enforce Extended Producer Responsibility (EPR) schemes in a bid to eliminate plastic pollution.
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ArticleNational strategy unveiled to tackle plastic pollution in America
The Environmental Protection Agency (EPA) has revealed a national strategy to prevent plastic pollution in America, which includes an uptake in reuse, a country-wide Extended Producer Responsibility (EPR) framework, and interventions to lessen the strain on the most impacted groups.
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ArticleHealth industries remind INC-5 negotiators of plastic’s safety benefits
Negotiators at INC-5 are urged by the Global Self-Care Federation, the International Federation of Pharmaceutical Manufacturers and Associations (IFPMA), and the International Generic and Biosimilar Medicines Association (IGBA) to prioritize patient safety and accept plastic medical packaging where safe alternatives don’t yet exist.
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ArticleCircularity roadmap for U.S. PET packaging outlined in new study
A new study has been published by Systemiq outlining a roadmap to transition the U.S. PET packaging and polyester textile industries from the current linear single-use model towards circular, low-waste and low-emission systems by 2040.
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ArticleAlliance to End Plastic Waste participants accused of producing more plastic waste than they collect
An investigation from Greenpeace accuses members of the Alliance to End Plastic Waste of producing over 1,000 times more plastic than they have cleaned up in its first five years, yet the Alliance argues that there is ‘no factual basis’ for the greenwashing allegations it faces.
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ArticleHow can the packaging industry prepare for geopolitical uncertainties?
The packaging industry faces a number of serious geopolitical-related challenges that are set to have a major impact on operations and sustainability. In this article, Laura Rainier, Senior Director Analyst at Gartner, explains how these immediate and long-term problems can be tackled.
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ArticleOver €5 million raised to upscale compostable seaweed packaging from B’Zeos
To help scale up its compostable, seaweed-based packaging, B’Zeos has secured over €5 million in total raised equity and grant funding through a seed round led by Faber and supported by International Chemical Investors Group (ICIG)’s venture capital unit.
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ArticleSealed Air and Bradbury’s Cheese target plastic reduction with new wrapping system
SEE (Sealed Air Corporation) and Bradbury’s Cheese have announced the CRYOVAC AutoWrap Lite system, said to reduce plastic usage by up to 65% compared to traditional thermoformed packs.
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ArticleBerry and Amcor to merge with an all-stock transaction
Amcor and Berry Global (Berry) have announced they have entered into a definitive merger agreement, pursuant to which Amcor and Berry will combine in an all-stock transaction.
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ArticleMember States face legal action for unclear labelling, unprepared waste, and more
The European Commission is taking legal action against several Member States for failing to comply with EU law, from incorrect waste sorting labelling in France to reusable and recyclable materials ending up in landfill in Hungary.
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ArticleWhat WWF wants from INC-5 and a Global Plastics Treaty
As INC-5 draws closer, WWF urges governments to “get serious” about a Global Plastics Treaty by mandating core measures globally, rejecting the removal or watering down of important steps, and optimizing the text’s impact amidst “dismal” efforts at other conferences.
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ArticleLeadit releases report on hydrogen and renewable electricity for EU steel and iron transition
A new report by Leadit (Leadership Group for Industry Transition), based on an analysis of announced green steel projects which would account for 1/3 of current EU steel production, states that green steel could need 19% of the total EU policy target for domestic renewable hydrogen production.
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ArticleMilkyMist, SIG and AnaBioTechnologies launch ‘world’s first’ probiotic buttermilk in aseptic carton packs
Indian dairy company MilkyMist has teamed up with SIG and AnaBio Technologies to introduce the ‘world’s first’ long-life probiotic buttermilk in aseptic carton packs.