EUROPE – The European Tube Manufacturers Association (ETMA) has reported that the tube market grew by 2% in 2022 attributed to growth in tube deliveries. ETMA said that the European tube market was robust last year with a rise of under 2% to a total volume of 11.8 billion units. Shipments to the pharmaceutical market grew 13%, dental care was…
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Morrisons, Yes Recycling inaugurate soft plastic recycling plant in Fife, Scotland
SCOTLAND – Morrisons supermarket and Yes Recycling have opened what they claim to be a ‘first of its kind’ soft plastic recycling plant in Fife, Scotland. The development of the recycling facility also attracted a number of organizations such as Zero Waste Scotland and Nestlé UK & Ireland. Morrisons says the site can process a mix of plastics, including film,…
Read MoreMacfarlane Group bolsters portfolio with acquisition of protective packaging supplier Suttons
UK – Glasgow-based protective packaging provider Macfarlane Group has completed the acquisition of Suttons Performance Packaging for a maximum cash consideration of £9.0 million (US$10.75m). Based in Cambridgeshire, UK, Suttons develops specialist protective packaging for customers in the medical, electronics and industrial sectors in the UK from its manufacturing facilities in Chatteris. The acquisition aligns with Macfarlane’s strategy to develop…
Read MoreEgypt secures US$9.13M grant from GEF to manage electronic and hospital waste in Cairo
EGYPT – Egypt’s Minister of Environment, Yasmine Fouad, announced a US$9.13 million grant from the Global Environment Facility (GEF) to scale up the Greater Cairo Air Pollution and Climate Change Management Project. In a statement, Fouad stated that the grant will contribute to the advancement of the healthcare sectors and digital transformation as one of Egypt’s main priorities, and support…
Read MoreSensoneo to enhance waste collection in Madrid with smart waste monitoring sensors
SPAIN – Slovakia-based smart waste monitoring company, Sensoneo has announced plans to install smart waste monitoring sensors in Madrid to enhance collection. Sensoneo says more than 11,000 sensors will be installed in bins with light packaging, textile, glass, organic and general waste. The data will be sent to the company’s Smart Waste Management Software System and used in optimized route…
Read MorePregis brings its AirSpeed Ascent high-pressure air cushioning system to European market
EUROPE – US-based protective packaging manufacturer Pregis has launched its AirSpeed Ascent high-performance air cushioning system in the European Union (EU) markets. The high-pressure air system has been designed to generate patented, square-pattern hybrid cushioning (HC) to offer more surface area to absorb shock for product protection. According to the firm, HC is made from AirSpeed HC Renew film which…
Read MoreColorcon bolsters portfolio with acquisition of Airnov Healthcare Packaging
FRANCE – UK-based film coatings and specialty excipients provider Colorcon has closed the acquisition of French Airnov Healthcare Packaging from private equity firm Arsenal Capital Partners for an undisclosed amount. Airnov supplies controlled atmosphere packaging for the pharmaceutical, nutraceutical and diagnostic industries. The company provides customizable drop-in products such as canisters and packets, as well as integrated desiccant systems and…
Read MoreCanada backs three food packaging companies with US$6.03M to help reduce plastic waste
CANADA – The government of Canada has injected CAD$8.2 million (US$6.03m) in three Ontario packaging manufacturers to continue the work they are doing to remove plastic waste and create a cleaner and healthier environment. The three beneficiaries include Friendlier Company Inc. (Friendlier), Unified Flex Packaging Technologies (UFPT) and Omnia Packaging. The investment will allow the companies to scale up and…
Read MoreAxium Packaging to build US$32M facility in North Carolina, expanding production in USA
USA – Axium Packaging, a manufacturer of packaging and containers has announced plans to build US$32 million facility in North Carolina, expanding its production capacity. Located in the city of Archdale, the advanced facility will cover a 150,000ft² area and create 118 jobs in Randolph County over the next three years, notes Axium. Axium Packaging president Paul Judge said: “I…
Read MoreFinancial report roundup: Winpak, Bobst and SIG records increase in full-year revenues
CANADA – Winnipeg-based packaging manufacturer Winpak has posted a 17.9% increase in revenue to almost US$1.2 billion in FY22, against US$1 billion in FY21. For the year ended on 25 December, the company’s flexible packaging operating segment saw its volumes rise by 4%, while volumes for its rigid packaging and flexible lidding operating segment fell by 3%. The volumes of…
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