Impacked secures US$2.5M in seed funding round to scale operations

US – US-based primary packaging provider Impacked has raised US$2.5 million in a seed funding round to ‘transform and advance’ the global packaging industry. The latest funding round was led by venture capital firm TenOneTen Ventures, bringing the total funding raised to US$3.3 million. Impacked will use the proceeds from the funding to add more primary packaging suppliers to its…

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WM, Dow launches residential plastic film recycling program in US

US – North American waste management company WM has partnered with chemical firm Dow on a plastic film recycling initiative in the US. The companies say they’re combining WM’s broad reach as a comprehensive environmental solutions provider with Dow’s leadership in material science to build new infrastructure that is intended to help close existing recycling gaps, driving a more circular…

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Montbest rolls out label-less water bottles in a bid to fight plastic pollution in South Korea

SOUTH KOREA – Montbest has introduced “no-label” beverage packaging designed by Gentlebrand as South Korea continues to lead globally in environmentally sustainable packaging and recycling rates. The bottle’s label-less design is a means to abide by South Korea’s increasing number of plastic regulations. The new bottle – available in 330ml, 500ml, and 2-liter variants – is now rectangular rather than…

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Kenya’s Adaptation Consortium wins inaugural Local Adaptation Champions Awards at the COP27 summit

KENYA – Kenya-based  Adaptation Consortium has won an inaugural Local Champions Award, financial governance category at the COP27 climate summit in Egypt. The awards recognize locally-led efforts to adapt to the negative impacts of climate change across four categories: financial governance, inclusive leadership, capacity and knowledge, and local innovation. Adaptation Consortium supports communities to create, access, and use climate finance…

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Egyptian government launches initiative to treat and recycle 50% of African waste by 2050

EGYPT – The Egyptian government is launching a global waste initiative dubbed “50 by 2050” that aims to ensure at least half of all African waste is treated and recycled before 2050. Announced at the COP27 climate summit in Sharm el-Sheikh, proponents say the ambitious targets could reduce the “waste colonialism” plaguing African countries. The launch comes at a time…

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EU packaging legislation a threat to the industry, says European associations

EUROPE – A group of over 50 European packaging associations across the value chain has released a statement expressing “serious concern” over the European Commission’s revision plans for the Packaging and Packaging Waste Directive (PPWD), which is expected at the end of this month. The groups accuse the EC of dismissing the role of recycling in achieving a circular economy…

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