USA – American metal packaging producer Crown Holdings has registered US$12.94 billion in full-year net sales for fiscal 2022 (FY22), compared with $11.39bn in fiscal 2021 (FY21). The company’s sales were driven by higher raw material costs and increased beverage sales unit volumes. In the 12 months to 31 December, Crown’s income from operations fell from US$1.36 billion to US$1.33…
Read MoreDay: February 9, 2023
ACI Plastics, Ravago inaugurates US$10M recycling facility in Flint, Michigan
USA – ACI Plastics, in partnership with Luxembourg-based Ravago, has opened a new, state-of-the-art recycling facility in Flint, Michigan. Along with officials from the Michigan Department of Environment, Great Lakes and Energy (EGLE), Flint Mayor Sheldon Neeley as well as Genesee County state legislators, the Flint-based thermoplastics recycler unveiled the US$10 million facility. The company has installed what it says…
Read MoreCJ Biomaterials equips Banila with biobased cosmetic container for its products
SOUTH KOREA – CJ Biomaterials, a division of CJ CheilJedang, has developed a new cosmetic jar leveraging its amorphous polyhydroxyalkanoates (PHAs) technology, dubbed PHACT, for cosmetics brand Banila. The cosmetic container is intended to store Banila’s Ceramide Cleansing Balm, a part of Banila’s Clean It Zero line of eco-friendly products. The Clean It Zero Ceramide Cleansing Balm is the result…
Read MoreSappi records strong performance for Q1 FY2023, despite lower sales
SOUTH AFRICA – JSE-listed dissolving pulp and paper-based solutions company Sappi has recorded a strong performance for the first quarter of its 2023 financial year, the best ever first-quarter results, CEO Steve Binnie points out. For the quarter that ended December 31, 2022, Sappi’s earnings before interest, taxes, depreciation and amortization (EBITDA) was US$290 million, 21% higher year-on-year and in…
Read MoreSICK unveils smart box detection for safe continuous material flow on packaging lines
UK – SICK has unveiled a new Smart Box Detection system for its deTec4 Safety Light Curtain, aiming to ensure operator safety and a continual and efficient output on packaging lines. The SICK Smart Box Detection system is a plug-and-play automation solution for the SICK deTec4 Safety Light Curtain. It uses intelligent pattern recognition to detect cuboid objects and even…
Read MoreMoi Jeu Tri secures US$1.21M grant from AFD to scale waste recycling in Lomé
TOGO – Waste management association, Moi Jeu Tri has secured a US$1.21 million grant from French Development Agency (AFD) to recycle electronic waste in Lomé over the next three years. Moi Jeu Tri says that the grant will enable the collection and recovery of end-of-life appliances in the city of Lomé in Togo, where the company is supporting the ecological…
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