Huhtamaki to expand presence in flexible packaging market with US$483m acquisition of Elif

TURKEY – Finnish food packaging specialist Huhtamaki is set to expand its position in the flexible packaging market with a US$483 million acquisition of Turkish-based producer Elif.   According to Huhtamaki, Elif specialises in sustainable flexible packaging and uses both post-industrial and post-consumer recycled polymers as raw materials.  Huhtamaki says that more than 90% of Elif’s current product portfolio is recyclable and that the range also includes compostable films.  The company supplies its packaging solutions to customers across Europe, the Middle East, and Africa, serving markets including food, beverage, and dairy, as well…

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Amcor develops ‘glass-like’ PET bottles for transparent dairy packaging

USA – Global packaging company, Amcor has developed ‘glass-look-a-like’ clear polyethylene terephthalate (PET) bottles to address the growing demand for transparent dairy packaging in Latin America. The first company to adopt the new packaging was leading Brazilian dairy company Letti for its Lettico A2 fermented milk products. The one-litter PET bottles use a screw cap and replace the traditional white, opaque high-density polyethylene (HDPE) bottles which use foil seal barrier. The one-liter PET bottle features an optimized base for improved bottle structure. They also have thicker wall sections to help…

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Amcor Limited to acquire Bemis after a unanimous approval

AUSTRALIA – Amcor Limited, a global packaging company, and Bemis Company, Inc., a global manufacturer of flexible packaging products, have announced that their respective Boards of Directors have unanimously approved a definitive agreement under which Amcor will acquire Bemis in an all-stock combination. According to Amcor, the partnership will provide the footprint, scale and capabilities to drive significant value for shareholders, offer customers and employees the most compelling value proposition in the packaging industry and deliver the most sustainable innovations for the environment. The transaction will be effected at a…

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SIG and Amcor partner for responsible aluminium sourcing

SWITZERLAND – SIG Combibloc has entered into a partnership with Amcor, multinational packaging company in a commitment to source 100% of its direct materials from only certified sources. According to the company, this collaboration with the producer of flexible and rigid packaging seeks to ensure responsible aluminium sourcing steered towards the performance standard of the Aluminium Stewardship Initiative (ASI) ASI brings together producers, users and stakeholders in the aluminium value chain with an initiative to maximising the contribution of aluminium to a sustainable society. Amcor being one of SIG’s main supplies for…

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Amcor pledges to develop recyclable or reusable packaging by 2025

AUSTRALIA – Amcor has pledged to develop recyclable or reusable packaging by 2025, becoming the first global packaging company to directly address the major environmental issue with capability, scale and reach. According to the company, it also committed to significantly increase its use of recycled materials and driving consistently more recycling of packaging around the world. This move joins with 10 leading brands and retail companies that made the same commitment, in collaboration with the Ellen MacArthur Foundation (EMF). “Our aspiration is to be the leading global packaging company,” said…

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