GERMANY – TotalEnergies, Windmöller & Hölscher and Mitsubishi Chemical Group have completed a successful proof of concept for a fully recyclable high-barrier stand-up pouch for food-grade applications. The stand-up pouch comprises 98% PE and less than 2% ethylene vinyl alcohol, which is required for barrier properties. The recyclable high-barrier packaging has been developed to replace multi-material structures (such as metalized…
Read MoreDay: October 31, 2022
Asda switches to plant-based packaging across own-brand tea bags
UK- British supermarket chain Asda has introduced plant-based packaging for its own-brand tea bags as its latest sustainability effort. The Supermarket says the move will allow 550 million tea bags a year to be disposed of in kerbside food waste bins. The new tea bags are made from PLA derived from corn starch, which is a natural, plant-based material and…
Read MoreCruz Foam secures US$18M in Series A funding led by Helena
US – Circular materials company Cruz Foam has secured US$18 million in a Series A funding round led by the US-based problem-solving group Helena. The funding round saw the participation of One Small Planet, Regeneration.VC, At One Ventures, and SoundWaves. The company will use the proceeds to expand its operations, as well as Research and Development (R&D). This funding round…
Read MoreCardbox Packaging invests US$13.89M to expand Wolfsberg site in Austria
AUSTRIA – Austria-based producer of high-quality and sophisticated carton packaging has invested over US$13.89 million (€14 million) to expand and modernize its Wolfsberg site. The company says that due to the growth in the previous year, the need for physical expansion has become critical. Cardbox Packaging adds that the investments are being directed at new machines and modernization. With the…
Read MoreMpact Recycling inaugurates US$8M recycling facility in KwaMashu, KZN
SOUTH AFRICA – Reusable packaging collector Mpact Recycling has opened its US$8.23 million (R150m) recycling operation in Bridge City, KwaMashu in KwaZulu-Natal. The investment will enable the group to service the Northern Coast corridor while uplifting its surrounding communities. The project was brought about through close collaboration between the Mpact Group, Mpact Recycling and the Mpact Paper businesses over several…
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