WORLD NEWS

Under the partnership, Indorama contributes recycled PET and packaging manufacturing expertise, while Suntory provides FtoP technology and operational know-how from Japan.

The lightweight foam breaks down in soil within months, offering an alternative to plastic foam, which can linger in landfills for over 500 years.

The deal covers only the thermal and cold-chain packaging division; MP Global’s flooring underlayment and construction materials businesses will stay family-owned.

The exhibition is expected to present innovations from approximately 970+ global enterprises across more than 70,000 square metres, with more than 47,000 professional visitors expected.

The packaging solutions help brands comply with evolving regulations and retailer demands, while opening up new consumer engagement opportunities through intelligent packaging.

The Arnsberg mill, which specializes in liner products, will be integrated into MM’s existing German platform, comprising several cartonboard mills and packaging plants.

Baiden’s experience in industrial/specialty materials fits Nazdar’s focus on manufacturing, innovation, technical expertise, and customer partnerships across screen, digital, and flexographic inks.

The shift was backed by investment in container deposit schemes and two PET recycling facilities under the Circular Plastics Australia (PET) joint venture, involving Cleanaway, Pact Group, and Coca-Cola Europacific Partners.

FtoP technology skips conventional PET recycling steps like crystallization and drying, streamlining the entire process.

The packaging innovations—nitrogen flushing, silica gel elimination, and plastic tray removal, show the company’s commitment to cutting waste while boosting product quality for consumers worldwide.