Sustainable Packaging
-
Smurfit Kappa records 38% year-on-year earnings growth despite fall in demand
IRELAND – Irish corrugated company, Smurfit Kappa has announced its full-year results for 2022, showing a year-on-year (YOY) growth in earnings (EBITDA) of 38%, despite…
-
Graphic Packaging records strong Q4, registers 32% sales growth for fiscal 2022
USA – Leading fiber-based packaging provider Graphic Packaging International has registered US$9.44 billion in net sales for fiscal 2022 (FY22), up by 32% and a…
-
Tetra Pak partners with MAX IV on research into fiber-based food packaging
SWITZERLAND – Tetra Pak and MAX IV, a synchrotron radiation laboratory in the world, have commenced research towards advancing fiber-based sustainable food packaging. According to…
-
Amcor invests US$250K into Circolution as a part of its Lift-Off initiative
GERMANY – Switzerland-based packaging producer Amcor plans to invest US$250,000 into reusable food packaging startup Circolution as a part of its Lift-Off initiative. Launched in…
-
Borealis appoints Stefan Toader as Vice President Reliability, Turnarounds and Projects
AUSTRIA – Austrian chemical company, Borealis has appointed Stefan Toader as Vice President Reliability, Turnarounds and Projects. In this position, Toader is in charge of…
-
Capcon secures US$50M in series B2 funding round to strengthen operations
SINGAPORE – Advanced packaging solution provider Capcon Singapore Pte. Ltd., has secured around US$50 million in series B2 funding to strengthen operations. The company says…
-
Stahl bolsters portfolio with acquisition of ICP Industrial Solutions Group
NETHERLANDS – Stahl, a provider of coatings technologies has agreed to acquire ICP Industrial Solutions Group (ISG), a leader in high-performance packaging coatings. This transaction…
-
Mobil introduces pails with 50% post-consumer recycled plastic in India
INDIA – Lubrication technology firm Mobil, a subsidiary of ExxonMobil, has launched 50% post-consumer recycled (PCR) plastic pails in India as part of its sustainability…
-
Coca-Cola extends sustainability packaging campaign to juices with launch of new Minute Maid Tetra Pak
KENYA – Coca-Cola Beverages Africa in Kenya has unveiled a new Minute Maid packaged in Tetra Pak’s carton packaging which has a superior environmental profile…
-
Berry Global and WestRock post 14% and 0.6% drop in sales respectively in Q1 of FY23
US – American packaging company Berry Global has generated US$3.06 billion in sales in the first quarter (Q1) of fiscal 2023 (FY23), down by 14%.…