Unilever launches energy-saving plastic-free laundry capsules

UK – British consumer goods company Unilever has launched a laundry capsule designed to decarbonize the laundry process without compromising cleaning performance. Launched worldwide, the specially designed capsule is made from biodegradable active ingredients that are 65% derived from plant sources. The capsule is said to work best on short cycles and in temperatures of 20 degrees or below, which…

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Sales report for Q2 FY22 roundup: Sales increase for Smurfit Kappa, International Paper, Ardagh Metal, Graphic Packaging and SIG

GLOBAL – European and American packaging companies Smurfit Kappa, International Paper, Ardagh Metal Packaging, Graphic Packaging and SIG have registered sales growth in the second quarter of the financial year 2022. Smurfit Kappa registers 36% revenue growth for H1 2022 Irish corrugated packaging company’s earnings before interest, tax, depreciation and amortization (EBITDA) for the period were €1.17 billion (US$1.20 billion),…

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JBT to add packaging solutions provider Bevcorp to its portfolio in US$290M deal

US – US-based equipment maker JBT has signed a definitive agreement to acquire Bevcorp, a beverage processing and packaging solutions provider, for US$290 million. Founded in 1992 Bevcorp serves a variety of clients through its blending, handling, filling, and closing technologies. The company offers services to customers in high-value segments of the beverage market, including carbonated soft drinks, seltzers, carbonated…

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O-I Glass to expand production capacity with new glass facility in Kentucky

US – American company that specializes in container glass products, O-I Glass has announced plans to build a new glass facility in Bowling Green, Kentucky. In line with strong consumer trends towards healthy, recyclable, and sustainable food and beverage packaging, the company is adding capacity to support its customers with brand-building premium glass containers. The company plans to invest up…

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Tramontina opts for bags containing 90% recycled LDPE to drive sustainability

US – Leading houseware manufacturer company, Tramontina has revealed plans to transition from all non-recycled single-use poly bags to bags with at least 90% recycled low-density polyethylene (LDPE) content. The commitment to replacing single-use poly bags is part of the company’s ongoing partnership with the environmental consulting firm Searious Business. This initiative is part of a larger goal to incorporate…

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Envoy Solutions acquires Sunbelt Packaging to drive growth in the Southeast

US – US-based specialized distributor and solution provider Envoy Solutions has completed the acquisition of packaging materials distributor Sunbelt Packaging to drive growth in the Southeast. Sunbelt Packaging is a highly rated distributor offering a large and diversified inventory of flexible packaging materials and a wide range of automated packaging equipment. The company’s strong relationships with industry-leading customers have contributed…

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Opal to bolster cardboard packaging portfolio with US$140M new facility in Victoria

AUSTRALIA – Australasia’s leading packaging and paper company, Opal is set to invest more than US$140 million to construct a high-speed regional manufacturing facility for cardboard packaging in Victoria. According to the firm, the facility will be constructed in two phases and aligns with the firm’s vision of Opal shapes the future through sustainable packaging. Stage one involves the construction…

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WestRock acquires remaining stake in Grupo Gondi for US$970M

US – American corrugated packaging company WestRock has signed an agreement to purchase the remaining interest in recycled paper and cardboard packaging manufacturer Grupo Gondi for US$970 million. The transaction also includes the assumption of debt, representing an estimated implied enterprise value of US$1.76 billion. Currently, WestRock has a 32.3% stake in Grupo Gondi. Upon completion of this transaction, WestRock…

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