UK – Marks and Spencer (M&S) has replaced its existing stock of plastic bags for life with more ecologically friendly paper carriers – in a bid to reduce the impact it has on the environment. M&S said the new Forest Stewardship Council (FSC)-certified paper bags are now available in every single one of its UK outlets. The retailer, which has…
Read MoreDay: September 18, 2023
Kin Group prepares unconditional all-cash off-market takeover bid for Pact Group
AUSTRALIA – Victoria-based investment company, Kin Group has launched an A$234 million (US$150.57m) takeover bid for Australia’s largest packaging company, Pact Group Holdings. Through its subsidiary, Bennamon Industries, Kin Group plans to offer an all-cash deal of A$0.68 cents (US$0.48) cash per share for all ordinary shares in Pact Group. Kin Group already holds a controlling interest of more than…
Read MoreAustralian authorities propose new regulations for cigarette packaging
AUSTRALIA – The Australian Government has proposed new legislation to update and improve the graphic warnings on the packaging of cigarettes to reduce the country’s national smoking rate. This update was shared by Australian Health and Aged Care Minister Mark Butler in a media release. If passed, the legislation will come into effect from 1 April 2024. Associated industry partners…
Read MoreInternational Paper’s new packaging facility in Pennsylvania to fuel growth
USA – American pulp and paper company, International Paper has officially opened its latest corrugated packaging facility in Atglen, Pennsylvania. The US$100 million facility is providing more than 100 manufacturing jobs to Atglen and the surrounding communities. The new facility will produce corrugated packaging for produce, processed food, beverage, shipping, distribution and e-commerce customers. The company announced the start of…
Read MoreKNAPP, Packsize develop sustainable packaging solutions for Walmart
USA – KNAPP, a leading technology partner for value chains, and Packsize, a global right-sized packaging specialist, announce their strategic collaboration following a successful project to deliver sustainable packaging solutions for Walmart. Using KNAPP’s automation technology and Packsize’s right-sized packaging technology, the companies have created a fully automated solution expected to minimize the number of cartons used to ship products,…
Read MoreWoolworths, WWF South Africa renew 15-year partnership, pioneering sustainable retail
SOUTH AFRICA – Multinational retail company, Woolworths and WWF South Africa have reaffirmed their commitment to environmental stewardship by renewing their 15-year partnership. The collaboration, which began in 2007, reflects both organizations’ dedication to creating a sustainable future and making a positive impact on the planet. “Fifteen years ago, we became the first retailer to align forces with WWF in…
Read MoreParkside develops 100% compostable crisp packets for food and drink brand SMUG
UK – Parkside in collaboration with food and drink brand SMUG has unveiled what is said to be a 100% compostable crisp packet, reported to biodegrade in domestic compost heaps in less than 26 weeks. According to Parkside, the brand uses Park2Nature, which can be disposed of in regular domestic compost heaps. Parkside added that the material “will break down…
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