Borealis acquires majority stake in Renasci boosting its chemical recycling

AUSTRIA – Austrian chemical company, Borealis has acquired a majority stake in Renasci, to increase its access to chemically recycled feedstock. Renasci is a provider of chemical recycling solutions and the creator of the Smart Chain Processing (SCP) concept. Borealis has now increased its stake50.01%, having acquired a 10% stake in July 2021, signaling its confidence in the potential of…

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Waitrose to replace glass bottles with cans for small-format wine ranges

UK – British retailer Waitrose, a portfolio company of John Lewis Partnership, has announced plans to replace glass bottles with aluminum can for small-format wine ranges. According to the retailer, this move will save 320 tonnes of packaging in the first year and marks a “significant step” towards reducing its carbon footprint. From 15th January, the majority of small wine…

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The Absolut Company’s carbon reduction targets on track, reveals sustainability report FY21/22

FRANCE – The Absolut company has revealed that it has made strong progress in meeting its 2030 carbon reduction targets in its sustainability report FY21/22. The sustainability report comes just weeks after Absolut Vodka announced its ‘groundbreaking’ initiative with Ardagh Glass Packaging to start using a partly hydrogen energy-fired glass furnace for large-scale bottle production. Absolut said that ‘radical’ change…

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CCBA introduces 1.25l returnable glass bottles that align with sustainability and transparency goals

SOUTH AFRICA – Coca-Cola Beverages Africa (CCBA) has announced plans to introduce new 1.25l returnable glass bottles that align with its sustainability and transparency goals. “We are changing our Returnable Glass Bottles (1,25l) to make them more eco-friendly with paper labels and reusable across all the brands we make,” CCBA said in a LinkedIn post. “Clear glass in standardized shapes…

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Wine-on-tap expert WineKeg joins KeyKeg-reseller network to support the flourishing South African wine industry

SOUTH AFRICA – South African wine-on-tap expert WineKeg has joined OneCircle’s KeyKeg-reseller network to support the burgeoning South African wine industry. From its Cape Town location, WineKeg will distribute KeyKeg to wine producers nationwide who need wine Kegs that lock in consistent freshness, maintain high-quality flavor and maximize shelf life for consumers all over the world. WineKeg launched in 2015…

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GPA Global expands portfolio with acquisition of luxury packaging maker Cosfibel

US – Packaging firm GPA Global has completed the acquisition of Cosfibel Group, a French-based maker of luxury promotional packaging, luxury gifting and merchandising solutions. Cosfibel works with premium and high-luxury brands like L’Oréal, Chanel, LVMH, Rémy Martin, La Durée and Damman along with a client list of more than seventy global brands. The firm has global service centers in…

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Horus Pharma partners Plastic Bank for plastic recycling initiative

FRANCE – French pharmaceutical firm Horus Pharma has collaborated partnered with Plastic Bank to recycle plastic. This partnership aims to recycle nearly 100 tonnes of plastic annually and is in line with Horus Pharma’s environmental program, Eco’ Ophtalmo. The program focuses on developing recyclable packaging and achieving ‘Plastic Net Zero’ since its launch in September last year. Horus Pharma also…

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