US – US-based rigid packaging company Silgan Holdings has reported net sales of US$1.97 billion for the third quarter (Q3) of fiscal 2022 (FY22), up by 19.3% from US$1.65 billion in the same period of the prior fiscal year (FY21). The company has registered a record net income of US$138.7 million in the quarter, against US$106.3 million in Q3 2021.…
Read MoreMonth: October 2022
NOVA Chemicals launches plastomer resins under ASTUTE brand
CANADA – Canada-based plastics and chemical company NOVA Chemicals has introduced a new range of high-performance plastomer resins under the ASTUTE brand. The new resins, ASTUTE QPsK905 and ASTUTE QHsK908, use the company’s Advanced SCLAIRTECH technology to manufacture polyethylene-based sealant resins. The company claims that the plastomer resins will help downgauge, reduce weight and provide superior processability and sealant properties.…
Read MoreAvery Dennison opens new innovation center in South Korea
SOUTH KOREA – US-based material science and manufacturing company Avery Dennison has inaugurated a new innovation center, I.Lab, in South Korea. The facility demonstrates various types of radio-frequency identification (RFID) inlays and digital ID solutions. It features seven different industry segments, namely apparel, beauty, healthcare, food and beverage, logistics, aviation and automotive. In addition, I.Lab will allow visitors to learn…
Read MoreACE rolls out beverage carton recycling guidelines, aiming to improve circularity
EUROPE – The Alliance for Beverage Cartons and the Environment (ACE) has released guidelines on how the industry can improve beverage carton recyclability. ACE is a collaboration of companies that claim a commitment to sourcing renewable materials from sustainably managed forests and recycling at end-of-life. As part of the guidelines, ACE says the packaging industry is committed to developing and…
Read MoreKM Packaging introduces sustainable lidding films in Australia
AUSTRALIA – British flexible packaging company KM Packaging has introduced a range of sustainable lidding films for the Australian market. The new portfolio is claimed to assist customers in fulfilling their commitments to the National Packaging Targets, whose implementation is overseen by the Australian Packaging Covenant Organisation (APCO). The products are divided into four categories and spread across KM’s extensive…
Read MoreDow, W&H and B&B unveil next generation of recyclable packaging for pet food
GERMANY – Dow Packaging & Specialty Plastics has partnered with leading machine manufacturers W&H and B&B to launch a recyclable wide-format MDO-PE bag for pet food packaging. The bags are said to fall in line with recycling guidelines and are made with a thin layer of EVOH barrier over several structural layers of PE. This is thought to make them…
Read MoreBerry Global partners Printpack to launch new sustainable flexible pouch
US – US-based plastic packaging manufacturer, Berry Global has partnered with film converter and producer Printpack to develop new Preserve PE PCR recyclable polyethylene (PE) pouch. The companies have introduced the Preserve™ PE PCR recyclable polyethylene (PE) pouch. The pouch is How2Recycle pre-qualified and contains 30% FDA–compliant post-consumer recycled resin (PCR) content. The package features Berry Global’s Entour sealant film…
Read MoreTosca and Loop partner to expand the use of reusable materials
US – Global leader in reusable transport packaging and pooling solutions, Tosca has partnered with circular reuse platform Loop to expand the adoption of reusables. The two companies will work together to broaden the adoption of reusables and bring about their collective vision of a more circular and sustainable supply chain. Beginning in the first quarter of 2023, Tosca will…
Read MoreProAmpac partners Recon² to increase recycled content in its packaging
UK – Flexible packaging firm ProAmpac has signed a partnership deal with a non-profit company, Recon2 to quantify recycled content in plastic products and packaging using the latter’s patented technology. Through this partnership, ProAmpac will collaborate with researchers at the University of Manchester’s Innovation Factory and Recon2 in response to new legislation to increase recycling efforts in the EU and…
Read MoreIdentiv, TrueGreen launch smart tamper seal for cannabis
US – US-based technology company Identiv has partnered with Australian digital tamper seal provider TrueGreen to develop a smart packaging solution for cannabis products. The two companies had earlier collaborated to develop three new multi-use smart tamper seal designs that were deployed into the market this year. The companies spent over a year ideating, developing, and testing the products to…
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