Investments, Funding & M+A
-
Ascend acquires controlling stake in carpet recycler Circular Polymers
US – Ascend Performance Materials has acquired a majority stake in California-based recycler of post-consumer, high-performance polymers, Circular Polymers. Ascend said the deal provides it…
-
Impacked secures US$2.5M in seed funding round to scale operations
US – US-based primary packaging provider Impacked has raised US$2.5 million in a seed funding round to ‘transform and advance’ the global packaging industry. The…
-
WM, Dow launches residential plastic film recycling program in US
US – North American waste management company WM has partnered with chemical firm Dow on a plastic film recycling initiative in the US. The companies…
-
Smurfit Kappa bolsters portfolio with acquisition of bag-in-box packaging plant in Spain
SPAIN – Irish corrugated packaging company, Smurfit Kappa has agreed to acquire Pusa Pack, a bag-in-box packaging plant in Spain. Located in Onda, Valencia, Pusa…
-
Barfresh Food Group rolls out sustainable smoothie cartons
US – US-based beverage company Barfresh Food Group has announced the launch of an environmentally friendly 7.6oz Smoothie Cartons. In addition to being economically and…
-
Elopak launches fully automated warehouse in Terneuzen to scale operations
NETHERLANDS – Global supplier of carton packaging and filling equipment Elopak has launched operations at its new fully automated high-bay warehouse in Terneuzen, Netherlands. The…
-
ProAmpac partners JBT Proseal to launch in-line sandwich packaging testing lab
NORTH AMERICA – US-based flexible packaging and material science company ProAmpac has partnered with JBT Proseal to launch North America’s first in-line sandwich packaging testing…
-
Sappi invests US$418M to expand Somerset Mill capacity in Skowhegan
US – Sappi North America, a subsidiary of Sappi Limited, has approved a US$418 million investment to rebuild a paper machine at its Somerset Mill…
-
Stora Enso commits US$82M to slash water usage at Imatra Mill pulp facility
FINLAND – Finnish pulp and paper maker Stora Enso has invested US$82 million (€80 million) to centralize and modernize the wood handling process at its…
-
Smurfit Kappa launches new wine packaging portfolio for e-commerce
IRELAND – Irish corrugated packaging company, Smurfit Kappa has introduced a new packaging solution specifically tailored for e-commerce wine sales that has Amazon’s Frustration-Free Packaging…