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…
Read MoreDay: April 29, 2023
Ardagh Metal Packaging records 3% growth in beverage can shipments in Q1 of FY23
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…
Read MoreStora Enso’s net profit dips 35.4% dip in Q1 of FY23, rolls out recyclable and peelable board material for vacuum-packaged fresh food
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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