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Category: Investments & Funding

Mondi develops recyclable release liners for Beiersdorf’s wound care plasters

GERMANY – Sustainable packaging and paper manufacturer Mondi has created a recyclable release liner for Beiersdorf’s new range of renowned Hansaplast, Elastoplast & CURITAS plasters. The German skincare company approached Mondi with very specific sustainability requirements. This required close collaboration and mutual trust resulting in the development of a safe and effective solution for the consumer while supporting Beiersdorf’s ambition…

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Closed Loop Circular Plastics Fund secures US$10M backing from Japan’s SMBC

NORTH AMERICA – The Closed Loop Circular Plastics Fund has received a US$10 million investment from Japanese multinational banking and financial services institution Sumitomo Mitsui Banking Corporation (SMBC). The investment aims to advance the recovery and recycling of rigid and flexible polyethene (PE) and polypropylene (PP) plastics in the US and Canada. The Fund is a key part of Closed…

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Depart join forces with HBTS to expand vertical packaging solutions in MEA

TURKEY – Depart, Alapala Holding’s group company for milling spare part sales and after-sales services has partnered with HBTS Packaging to expand its solutions to include vertical packaging. Under the agreement, Depart will manage the sales and marketing of HBTS’s vertical packaging machines in all of Africa, the Far East, the Middle East and Southeast Asia. Cengiz Tiryakioğlu, general manager…

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TotalEnergies forges partnership with Bluepha to scale PLA/PHA adoption in China

CHINA – Technology specialist in polylactic acid (PLA) and lactide monomers, TotalEnergies Corbion has signed a memorandum of understanding (MOU) with Bluepha to accelerate the market adoption of PLA/PHA-based solutions in China. The collaboration aims to bring together the expertise and resources of both companies to further advance the development of high-performance biopolymer solutions, combining Bluepha® Polyhydroxyalkanoates (PHA) with Luminy®…

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Visy secures US$31.25M to upgrade its Queensland recycling facility

AUSTRALIA – Melbourne-based paper, packaging and recycling company, Visy has secured US$31.25 million (A$48m) to upgrade its recycling and remanufacturing facility in Gibson Island, Queensland, Australia. The upgrade includes a new state-of-the-art paper optical sorting plant and an upgrade to the embedded energy facility onsite, which uses waste as a power source as opposed to going to landfill. The upgrade…

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Ardagh Group to build global Centre of Excellence (CoE) in Cape Town, South Africa

SOUTH AFRICA – Global supplier of sustainable packaging solutions, Ardagh Group has announced plans to develop a global Centre of Excellence (CoE) in Cape Town, South Africa. The new CoE will offer some information technology (IT) services to the company’s businesses across Europe, the Americas, and Africa. Ardagh Group chairman Paul Coulson said: “With world-class technology skills and an established…

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