Investments & Funding
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SABIC and partners pioneer the first production of circular polymers
UAE – Chemical manufacturing company SABIC in collaboration with Finboot, Plastic Energy and Intraplás has introduced a pilot project to study the use of blockchain…
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Mondi invests US$66M to bolster capacity in sustainable pet food packaging
AUSTRIA – Packaging and paper firm Mondi has invested €65 million (US$66.18 million) in its three production plants in Europe to meet customer demand for…
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Berry Global partners Neste to develop sustainable coffee capsule for Tchibo
US – US-based plastic packaging manufacturer Berry Global, in partnership with German coffee producer Tchibo and its feedstock supplier Neste, has developed a sustainable coffee…
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Siemens partners Plastic Energy to improve plastic recycling
GERMANY – German multinational conglomerate Siemens has partnered with UK-based chemical recycling firm Plastic Energy to improve the plastic waste recycling process. As part of…
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SHL Medical to build new manufacturing site in the US
US – SHL Medical has revealed plans to build a new manufacturing site in the US, in response to the growing market demand for its…
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SCGP bolsters recycling portfolio with acquisition of Peute for US$78.4M
THAILAND – Thailand-based packaging provider SCG Packaging has acquired Peute Recycling, a Dutch company that recycles and trades packaging material, for around THB2.87bn ($78.4 million).…
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Mill Rock Packaging completes acquisition of specialty printing firm Impressions
US – Mill Rock Packaging Partners, a portfolio company of private investment firm Mill Rock Capital, has completed the acquisition of US-based specialty packaging and…
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Elopak sells its Russian operations to local management
NORWAY – Elopak, a leading global supplier of carton packaging and filling equipment has announced its decision to sell its Russian business (JSC Elopak) to…
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De Jong Packaging acquires controlling stake in Germany’s WSG
GERMANY – Dutch corrugated packaging producer De Jong Packaging Group (DJPG) has bought the majority stake in German Wellpappenfabrik Grünstadt-Sausenheim (WSG). Founded in 1996, DJPG…
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Averda secures US$30M loan from IFC to build plastic recycling plant in South Africa
SOUTH AFRICA – Emerging markets integrated waste management company Averda has secured US$30 million loan from International Finance Corporation (IFC) to construct a new plastics…