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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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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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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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BRAZIL – Canpack, a sustainable packaging maker and part of the Canpack Group, has announced plans to invest US$140 million (BRL710 million) to build a new can production facility in Minas Gerais, Brazil. The plant will have a total initial installed capacity of approximately 1.3 billion cans per year and will meet the demand of Brazilian customers, including Heineken. The…
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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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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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ITALY – Private investment firm, Bain Capital and BC Partners have entered into a joint ownership agreement for Fedrigoni, a leading global producer of self-adhesive labels and fiber-based packaging products. The deal is anticipated to conclude by the end of 2022, subject to approvals by relevant regulatory authorities. The transaction is valued at US$3 billion, reported Reuters. Founded in 1888,…
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NORTH AMERICA – Coca-Cola has announced plans to switch green Sprite bottles to clear bottles effective August 1, in a bid to boost recycling in North America. The move to transition from green plastic is intended to increase the amount of recycled plastic that can be used for food packaging, Coca-Cola said in its press release announcing the new bottles.…
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UK – English brand Au Vodka has adopted Adagh’s gold color metal can for its award-winning Blue Raspberry vodka. The Blue Raspberry vodka is pre-mixed with quality sparkling soda to create a sweet and “electric blue” 5% ABV beverage – the company’s first Ready To Drink (RTD) beverage in a can. Au Vodka’s upscale branding is based on the rare…
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