DENMARK – International shipping association BIMCO has launched an initiative to remove single-use plastic bottles from ships in partnership with Ocean Bottle. As part of its campaign to remove plastics from ships, the organization in collaboration with Ocean Bottle has launched co-branded reusable bottles. BIMCO said the introduction of reusable bottles will encourage ships to switch to sustainable alternatives to…
Read MoreDay: November 23, 2022
Plastipak opens new recycling facility in Spain, expanding production
SPAIN – Plastipak, a global leader in the design, manufacture and recycling of plastic containers has opened its new recycling facility in Toledo. The facility will convert PET flake into food-grade recycled PET (rPET) pellets suitable for direct use in new preforms, bottles and containers. The new recycling plant will produce 20,000 tons of food-grade recycled pellets per year and…
Read MoreNature Gnaws partners 4ocean on plastic pollution initiative
US – US-based dog chew brand Nature Gnaws has partnered with non-profit company 4ocean to address plastic pollution in the oceans. As a 4ocean certified plastic neutral partner, Nature Gnaws is helping to remove over 100,000 pounds of plastic from the world’s oceans, rivers, and coastlines to offset the plastic used in packaging. Every pound pulled will support and advance…
Read MoreJK Paper goes for majority stake in Horizon Packs and Securipax Packaging
INDIA – Indian paper and packaging board company JK Paper has agreed to acquire 85% of the shares of Horizon Packs (HPPL) and Securipax Packaging (SPPL) for around Rs5.78bn (US$70.68m). JK Paper will acquire 269.2 million equity shares in HPPL, paying Rs19.33 (US$0.24) for every Rs10 (US$0.12) share. The company will also buy 463,000 SPPL equity shares for Rs1,256.95 (US$15.36)…
Read MoreMCC Verstraete wins four IMDA 2022 competition awards
BELGIUM – Global supplier of premium IML label solutions, MCC Verstraete has been recognized by the In-Mold Decorating Association (IMDA) with four awards in its 2022 competition. The company has won awards for the best in in-mold labeling (IML), in-mold decorating (IMD) and in-mold electronics (IME). Verstraete’s Patàpain Salad Box, which is reusable, freezable, microwaveable and dishwasher proof won the…
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