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UK – British multinational retailer, Marks & Spencer (M&S) has rolled out new recyclable packaging across its rice, grains, and pulses range as part of its plan for 100% of food packaging to be easily recyclable by 2025. The new packaging will reportedly remove 5.5 million units of plastic and contain 90% less plastic by weight from the retailer’s product…
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LUXEMBOURG – Ardagh Metal Packaging (AMP), a subsidiary of the Irish sustainable packaging business Ardagh Group, has reported a solid performance in the first quarter (Q1), with global beverage can shipments growing by 3% during the period. The growth was driven by a 4% increase in the Americas and a 2% increase in Europe, notes the company. Although industry demand…
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FINLAND – Finnish pulp and paper maker Stora Enso has reported a 35.4% dip in its net profit for the first quarter (Q1) of the fiscal year 2023 (FY23) €185 million (US$203.82m) from €287million (US$319.39m) in the same period of FY23 its net profit for the first quarter (Q1) of fiscal year 2023 (FY23) to drop 35.4% to €185 million…
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USA – American multinational technology company, Google LLC is inviting food and beverage companies that offer single-use, plastic-free packaging solutions to apply for its Single-Use Plastics Challenge to reduce the food service industry’s plastic footprint. The challenge is hosted in collaboration with premier food service management company Canteen and other food service partners. Google will look to select top innovations…
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USA – Texas-based innovative cooler solutions company Igloo has launched a new collection of stainless-steel drinkware featuring nine bottle and tumbler styles in a range of sizes from 12oz to 80oz. The Drinkware Collection also includes interchangeable lids that are leakproof, with advanced temperature retention and other intuitive, user-friendly features. According to the company, the bottles and tumblers are dishwasher-safe…
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USA – GenNx360 company B2B Industrial Packaging has announced its acquisition of Millennium Packaging Inc based in South Elgin, Illinois. The acquisition aims to provide Millennium Packaging clients with a complete selection of industrial packaging products through B2B Industrial Packaging’s national distribution network while maintaining the unique culture of the acquired company. Millennium Packaging has been providing customized packaging and…
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GERMANY – Multinational chemical and consumer goods company, Henkel has developed a low-temperature cleaner for aluminum beverage cans amid increasing industry and consumer demand for recyclable packaging. The new cleaner, Bonderite C-IC 72000 series, operates at a lower temperature of 43°C (110°F) compared to the conventional cleaners that typically operate at 60°C (140°F). This leads to a significant reduction in…
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MEXICO – Swiss packaging solutions provider SIG has brought its state-of-the-art production plant for aseptic carton packaging into operation in Queretaro, Mexico. With a total investment of €73 million (US$80.31m), the new plant will serve North American markets and further expand SIG’s global production network to build on its strong track record of growth in the region. With an emphasis…
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CANADA – Winnipeg-based packaging manufacturer Winpak has posted a total revenue of $304.5 million in the first quarter (Q1) of fiscal year 2023 (FY23), 10.3% growth compared to Q1 FY22. During the quarter ending 2 April 2023, the company’s gross profit margins declined to 28.8% of revenue against 29.5% in Q1 FY22. Winpak posted income from operations of US$48.55 million…
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SWITZERLAND – Swedish-Swiss multinational food packaging and processing company, Tetra Pak has forged a partnership with The Walt Disney Company to revitalize its dairy drinks categories. Under the partnership, beverage cartons of Swiss retailer Coop Group (Coop) will adopt characters inspired by Disney and Marvel. According to Tetra Pak, 80 Disney and Marvel-inspired designs will feature on the packaging of…
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