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Day: November 29, 2022

EC’s PPWD reuse targets could destroy fossil-free sector, warns European Bioplastics

EUROPE – European Bioplastics (EUBP) has warned against the European Commission’s planned revisions of the Packaging and Packaging Waste Directive (PPWD), saying the “ignorance” of the stipulations has “sent a shockwave” through the industry. The association warns the EC’s focus on reusable packaging targets could effectively shut down the bioplastics sector altogether in Europe. Leaked last month, the PPWD revisions…

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Mereo and Hyperion wrap up acquisition of packaging manufacturer Algus

US – US-based investment firms Mereo Capital Partners and Hyperion Capital Partners have acquired Algus Packaging, a packaging company based in Illinois. Algus supplies thermoformed blister and clamshell packaging solutions to a portfolio of blue-chip customers across various end markets. These include the medical, health and beauty, electronics and food markets. The company also manufactures automated and semi-automated blister seal…

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All4Labels expands operation in Romania with acquisition of Romprix Exim

ROMANIA – German packaging solutions manufacturer All4Labels has agreed to take over Romanian decorative self-adhesive labels manufacturer Romprix Exim for an undisclosed sum. The acquisition will enable All4Labels to strengthen its growing Eastern European footprint, the company said in a press release. The transaction is subject to customary closing conditions, including regulatory approval. Adrian Tippenhauer, CEO of All4Labels said: “With…

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Macfarlane reports 11% year-to-date growth in sales revenue

UK – Glasgow-based protective packaging provider Macfarlane Group has reported that its sales revenue rose by 11% between 1 January and 31 October this year. The company’s board anticipates its performance for the year to be ahead of last year and in line with its full-year expectations. Macfarlane made strategic progress in Europe during the ten-month period, including its acquisition…

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Mars NZ introduces paper-based wrappers for its chocolate bars

AUSTRALASIA – Confectionery giant Mars has announced plans to switch to new recyclable packaging for its chocolate bars in Australia and New Zealand. Mars, Snickers and Milky Way chocolate bars will have biodegradable brown paper packaging, designed to be more environmentally friendly, in Australia in April and in New Zealand the following month. Mars said the wrappers on its chocolates…

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