Amcor opens new US$100M flexible packaging plant in China

CHINA – American-Australian global packaging company, Amcor has inaugurated its new US$100 million advanced flexible packaging manufacturing plant in Huizhou, China. The 590,000-square-foot plant is claimed to be the largest flexible packaging plant by production capacity in China, further strengthening Amcor’s ability to meet growing customer demand throughout Asia Pacific. The new facility is expected to employ more than 550…

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Mondi divests three packaging converting operations in Russia for US$25.5M

RUSSIA – Paper and packaging company, Mondi has entered into an agreement to sell its three Russian packaging converting operations to Gotek Group for about US$25.5 million (€24m), payable in cash. Gotek Group is a packaging producer based in Moscow, Russia and employs around 2,200 employees across its business. The three packaging converting operations include a corrugated solutions plant and…

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4evergreen introduces beta version of recyclability evaluation tool for fiber-based packaging

EUROPE – The 4evergreen alliance has published the beta release of its Fiber-Based Packaging Recyclability Evaluation Protocol (REP). This tool is said to support the value chain to enhance and harmonize how it evaluates the recyclability of existing and future packaging products. The alliance stresses that fiber-based packaging designers have, up until now, lacked a common European method to assess…

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Kellogg adds NaviLens technology on cereal packaging to help visually impaired customers

US – Food manufacturing company Kellogg has incorporated NaviLens technology to improve the shopping experience for its visually impaired customers. The company has incorporated NaviLens technology into the packaging of its Kellogg’s Corn Flakes, Special K Original, Rice Krispies and Crispix cereal brands. According to Kellogg, NaviLens’ optical smart code, consisting of high-contrast, multicolored squares on a black background, will…

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TC Transcontinental records 11.8% growth in revenue for FY22

CANADA – Canadian flexible packaging manufacturer TC Transcontinental recorded US$2.17 billion (C$2.95bn) in full-year revenue for fiscal 2022 (FY22). The figure represents an 11.8% increase of US$228.89 million (C$312.7m) from US$1.93 billion (C$2.64bn) in the previous fiscal year (FY21). The company’s revenue growth in the year was driven by a rise in raw material prices and higher volume in its…

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ExxonMobil begins large-scale production at its advanced recycling facility in Texas

US – American multinational oil and gas firm ExxonMobil has commenced production at its advanced recycling facility in Baytown, Texas. The facility uses proprietary technology to break down hard-to-recycle plastics and turn them into raw materials for new products. According to ExxonMobil, the facility is capable of processing more than 80 million pounds of plastic scrap per year. It is…

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