Sustainable Packaging
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Versalis expands bioplastics footprint with acquisition of renewable chemicals leader Novamont
ITALY – Versalis, Eni’s chemical company and shareholder of Novamont has signed an agreement to acquire the remaining 64% of Novamont’s shares held by Mater-Bi.…
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Kroger’s plastic packaging recycling program hits new milestone
USA – American retail chain Kroger has claimed that its recycling program has achieved its milestone of recycling more than one million pieces of its…
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Sonoco reports strong first quarter FY23 results, surpasses estimates
USA – Sustainable packaging provider Sonoco has reported an operating profit of US$230 million in the first quarter (Q1) of fiscal year 2023 (FY23), up…
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Smurfit Kappa records 13% growth in earning as International Paper Q1 sales dip
IRELAND – Irish corrugated packaging company, Smurfit Kappa has reported a 13% year-over-year rise in its earnings before interest, taxes, depreciation, and amortization (EBITDA) to…
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Mondi develops protector bag ExpandForm for rollpacking mattresses
UK – Paper and packaging company, Mondi has created a new paperbag solution called Protector Bag ExpandForm, which comes with an expandable feature to rollpack…
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LyondellBasell goes for Veolia’s share in joint venture Quality Circular Polymers
NETHERLANDS – Dutch chemical company LyondellBasell has agreed to acquire the remaining stake in Quality Circular Polymers (QCP), its plastic recycling joint venture (JV) with…
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ExxonMobil and partners conduct demo for advanced recycling for plastic scrap
USA – Texas-Based ExxonMobil Corp., Cyclyx International, Sealed Air and Ahold Delhaize USA have successfully demonstrated advanced recycling for plastic scrap. In 2022, the partners…
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Marks & Spencer rolls out new recyclable packaging for rice, grains and pulses to cut down on plastics
UK – British multinational retailer, Marks & Spencer (M&S) has rolled out new recyclable packaging across its rice, grains, and pulses range as part of…
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Ardagh Metal Packaging records 3% growth in beverage can shipments in Q1 of FY23
LUXEMBOURG – Ardagh Metal Packaging (AMP), a subsidiary of the Irish sustainable packaging business Ardagh Group, has reported a solid performance in the first quarter…
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Stora Enso’s net profit dips 35.4% dip in Q1 of FY23, rolls out recyclable and peelable board material for vacuum-packaged fresh food
FINLAND – Finnish pulp and paper maker Stora Enso has reported a 35.4% dip in its net profit for the first quarter (Q1) of the…