Compostable packaging firm Genera secures US$118m in funding

USA – US-based sustainable packaging firm, Genera has raised US$118 million to expand production of compostable packaging products. The financing round involved backing from WindSail Capital Group, a growth capital investor specialising in sustainability and […]

Tetra Pak launches paper straws for beverage products in Europe

EUROPE – Tetra Pak has unveiled its paper straws for beverage products in Europe as part of the sustainable innovation alternatives to plastic waste and its impact on the environment. The paper straws will be […]

Ardagh to merge food tin business with Exal in a deal worth US$2.5b

IRELAND – Packaging producer, Ardagh Group has agreed to combine its Food & Specialty Metal Packaging business with aluminium container manufacturer, Exal Corporation in a deal worth US$2.5 billion. The merger is expected to create […]

SIG Group develops aseptic cartons with ASI-certified aluminium foil

SWITZERLAND – Aseptic packaging solutions provider, SIG Combibloc Group has developed aseptic cartons with ASI-certified aluminium foil to meet consumer demand for sustainable packaging. The new cartons were developed in partnership with B-Better®, a start-up […]

Multivac acquires bakery equipment manufacturer Fritsch Group

GERMANY – Food processing and packaging solutions provider, Multivac has acquired Fritsch Group, a German based manufacturer of bakery equipment and machines. The deal expands Multivac’s range of solutions in the bakery industry including high-performance […]

Tetra Pak inaugurates US$135m carton packaging factory in Vietnam

VIETNAM – World’s leading food processing and packaging solutions provider, Tetra Pak has invested €120 million (US$135 million) in a new aseptic carton packaging material factory in Binh Duong, Vietnam. The site which is Tetra […]

Mondi launches fully recyclable packaging film for thermoforming applications

EUROPE – Mondi Group, Austria-based packaging and paper company has developed a fully-recyclable polypropylene construction for thermoforming applications. The recyclable polypropylene film can be used in thermoforming of flexible films for modified atmosphere packaging (MAP) […]

DS Smith expands in N. America with new office in Atlanta

USA – British packaging company, DS Smith has opened a new office building in Atlanta, Georgia as it looks to expand its operations in the North American market. The facility will serve as the company’s […]

Industry giants launch plastics credit scheme to tackle pollution

SPAIN – Global food and beverage industry players including Tetra Pak, Nestlé, and Danone have founded The 3R Initiative aimed at accelerating ways of reducing plastic waste and pollution. Under the initiative, the companies will […]

Canada to ban single-use plastics in 2021 to tackle pollution

CANADA – The Canadian government has unveiled plans to impose a ban on single-use plastic items such as bags, straws, cutlery in an effort to tackle the challenges brought about by environmental pollution. According to […]