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SOUTH AFRICA – SE-listed paper, plastic and packaging group Transpaco has reported an increase in revenue by 12.5% year-on-year to US$137.22 million (R2.34-billion) for the financial year ended June 30, on the back of material cost inflation and volume growth across the group. The company’s operating profit grew by 35.1% to US$13.06 million (R222.8 million) in the period, while net…
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AUSTRIA – Paper and packaging company Mondi has opened its first in-house recycling laboratory at its mill in Frantschach, Austria. According to Mondi, the new recycling laboratory will test the recyclability of paper and paper-based packaging components using non-paper components such as coatings. While paper packaging offers sustainability benefits, Mondi says it has some barrier functionality limits for products such…
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SOUTH AFRICA – Cape Town-based print and packaging manufacturer, Novus has concluded the agreement to acquire 75% stake in Pearson’s international courseware local publishing business. The deal, which is subject to the fulfillment of certain conditions and approval by competition authorities, gives cash-flush Novus a stronghold in the lucrative educational materials field as the group looks to diversify, reposition and…
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SOUTH AFRICA – Pulp and paper producer Sappi has reported record earnings before interest, taxes, depreciation and amortization (Ebitda) of US$371 million – excluding special items – for its third fiscal quarter ended June 30. The company on August 4 said this was an “excellent achievement against a backdrop of significant geopolitical turmoil, supply chain headwinds and extraordinary global inflationary…
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GERMANY – Berlin-based start-up 1Less has created an innovative reuse system that uses RFID-tagged dishware and a smart waste bin, linked to a digital IoT platform, to create a new way to deal with single-use plastic cups, lids, containers and cutlery. The company has developed dishware, a handy name for food-service packaging and utensils, with a robust and long-lasting RFID…
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UK – British consumer goods company Unilever through its homecare brand Domestos has re-launched its core bleach range in new bottles made from 50% post-consumer recycled plastic (PCR). The brand has moved its UK 750ml bleach range to use recycled plastic, which it says will save 1,505 tonnes of virgin plastic per year. According to Unilever, the new Domestos bottles…
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GLOBAL – High-quality flexible packaging provider, Epac has announced plans to accelerate its growth and transition to a global enterprise over the next 18 months. The packaging firm will establish eleven new sales and manufacturing locations across Europe, Asia Pacific, the Middle East/North Africa, and North America bringing ePac’s global footprint to 36 locations. In Europe, a second plant will…
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FINLAND – Finnish material innovation startup Sulapac has partnered with German makeup supplier, Schwan Cosmetics to create lip liner and eyeliner pencils with sustainable barrel material, capable of sustaining the volatile makeup product held within the material. The pencils were developed in response to market research on the changing demands of Gen Z and Millennial cosmetic consumers, who “desired to…
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GERMANY – International manufacturer of filling and packaging equipment KHS is using 3D software to demonstrate to customers how new packaging lines and equipment would add to their current facilities. The company says potential clients are profiting from its virtual overviews before offers are even accepted. Patrick Bürger, Head of Plant Design at KHS, explains the software helps skip unnecessary…
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SOUTH KOREA – The government of South Korea has announced plans to introduce stronger health warnings on cigarette packaging, the country’s new agency Yonhap reported. Under the new government regulation, cigarette manufacturers in the country will be required to strengthen the health warnings on the packaging, the agency reported citing South Korea’s Ministry of Health and Welfare. The Ministry plans…
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