Consumer goods firm Unilever has collaborated with start-up firm Ioniqa and polyethylene terephthalate (PET) resin producer Indorama Ventures to pioneer a new technology that can turn PET waste into virgin grade material for use in food ...
Tags: Unilever, Virgin Grade Material
Packaging manufacturer Coveris has agreed to divest its Americas packaging business to Transcontinental (TC Transcontinental) in a deal worth $1.320bn. Coveris Americas, which is a subsidiary of Sun Capital Partners portfolio firm ...
Sky Group has launched a new investment vehicle to support ideas and businesses in resolving oceans plastic crisis. Sky Ocean Ventures is a new investment vehicle that will work with businesses and innovators to solve routine plastic ...
Tags: Sky Group, Plastic Waste
Finland-based packaging solutions provider Huhtamaki has agreed to acquire India-based Ajanta Packaging to expand its operations in the region. Huhtamaki is paying €13m to acquire the manufacturer of pressure sensitive (PS) labels. ...
Tags: Ajanta Packaging, Packaging
While conventional LEDs are used for backlighting, micro-LED and mini-LED technology has been used for self-emitting in displays of consumer electronics. Since each LED represents a pixel (increasing the number of LED wafers used), wafers ...
Tags: LED market, LED Wafer
Bericap is planning to present product innovations at 2018 Hispack Packaging, Process & Logistics trade fair to be held in Barcelona from 8-11 May. The company will be presenting itself with a clear focus on the vast range of services and ...
Tags: Bericap, Hispack Packaging
Packaging firm Sonoco has agreed to acquire US-based Highland Packaging Solutions for about $150m in cash. Based in Plant City of Florida, Highland Packaging manufactures thermoformed plastic packaging solutions for fresh produce and ...
Tags: Packaging, dairy products
UK-based drinks manufacturer and distributor Global Brands has reported a 16% increase in its annual sales for the year ending 30 September 2017. The company's turnover was £42m for the financial year. Gross profit went up to ...
Tags: drinks, alcoholic drink
The Flexible Packaging Association (FPA) awarded Printpack a silver award technical innovation for PepsiCo’s Granola Goes Nuts easy-open laser scored bars. The Granola Goes Nuts package represents a technical innovation in consumer ...
ExxonMobil said that it will make a final investment decision later this year on a potential polypropylene production expansion along the US Gulf Coast. The company started detailed engineering work on a potential US Gulf Coast project to ...
Tags: ExxonMobil, Plastics
RPC Zeller Plastik Zell has unveiled a new 19mm tube closure for cosmetic and pharmaceutical products. The company said it is the first standard push-on flip-top hinge tube closure (HTC) of such a small size. Part of the Supersoft ...
RPC Group, a UK-based plastic packaging solutions provider, has agreed to acquire industrial and consumer packaging firm, Nordfolien, for €75m. Nordfolien is engaged in the design and manufacturing of polythene films for industrial ...
Tags: plastic packaging
Aptar has launched a Sustainable Materials Task Force that addresses customer, consumer and regulatory expectations for sustainable product offerings. Sustainability is a key driver in the market today. Sustainability efforts are now ...
The Flexible Packaging Association presented ProAmpac two gold and two silver annual achievement awards for packages showcasing innovation and advances in packaging. The awards were announced last night at the FPA Welcome Dinner & ...
Tags: ProAmpac, Flexible Packaging
Canadian global automotive supplier Magna and US ridesharing firm Lyft have partnered to jointly fund, develop, and manufacture self-driving systems. Apart from funding the partnership, Magna agreed to invest $200 in Lyft. The ...
Tags: Magna, Self-Driving Systems