February’s top stories: Refresco Gerber to buy PepsiCo plant, Shorr opens facility
Refresco Gerber acquires PepsiCo bottling plant in Germany, and Shorr Packaging opens new distribution and warehouse facility in US. Packaging-gateway.com wraps up the key headlines from February 2016.
Refresco Gerber agreed to acquire a bottling facility in Hamburg, Germany, from PepsiCo for an undisclosed amount, in a bid to strengthen its co-bottling activities.
The acquisition is in line with the company's buy and build strategy, and is expected to further boost Refresco's operations in the country's soft drink and fruit juice market.
Refresco Gerber CEO Hans Roelofs said: "This transaction lies at the heart of our buy and build strategy and confirms our focus on expanding our co-packing business.
"We take an important leap forward in our German co-packing activities and further improve our market presence."
Ball Corporation announced it plans to close its flat sheet production and can end-making plant in Weirton, West Virginia, US.
The Weirton plant employs nearly 300 people, and produces lithography and coating for flat sheet tinplate, as well as can ends.
The closure is in line with the company's strategy to maximise value in existing business by redistributing production services within its system.
Shorr Packaging opened a new distribution and warehouse facility in Atlanta, Georgia, US.
The new 50,000ft² facility creates a permanent presence for existing customers with facilities in the south-east region and provides improved delivery options for Shorr to expand and succeed in the market.
It features a corrugated design and an equipment demo room, and accommodates the sales and customer service teams.
Researchers at the National University of Singapore (NUS) created a new packaging material that is claimed to double the shelf-life of food products.
The new environmentally friendly material was developed by fortifying natural chitosan-based composite film with grapefruit seed extract (GFSE).
Chitosan is a natural and biodegradable polymer that is derived from the shells of shrimp and other crustaceans. It offers biocompatibility, non-toxicity and high film-forming abilities.
Swedish start-up iFoodbag received a €1.7m grant from the European Commission to develop a second-generation carrier bag.
The financial support will be provided under the Commission's Horizon 2020 SME instrument programme for a period of two years.
Made out of a paper-based composite material, iFoodbag can protect chilled and frozen goods for up to 24h. However, it is subject to some temperature constraints and circumstances.
Dr Pepper Snapple Group (DPS) committed to collaborate with the industry, government and other community partners to achieve a beverage container recycling rate of 60% by 2030.
To bolster its commitment, the company entered a new partnership and is continuing an existing one to improve access to recycling across the US.
Over the next decade, the company is planning to invest $5m in the Closed Loop Fund, joining several firms' supporting efforts to improve post-consumer recycling by providing critical funding for recycling infrastructure.
SRF planned to invest $58m in a greenfield biaxially oriented polyethylene terephthalate (BOPET) production facility at Indore, Madhya Pradesh, India.
Once operational, the proposed plant is expected to have a production capacity of 30,000 tonnes per annum (TPA) and a metallisation capacity of 8,000TPA, reported Business Standard.
The company intends to use more than 60% of the project's production to cater to the food packaging and beverage industries.
Luxembourg-based Ardagh Group partnered with Dutch watermark solutions company Filigrade to offer interactive print on its metal packaging products.
Under the new development, the company will embed an invisible watermark code into print-ready artwork, or on a specific area or the entire print design of the product's packaging.
Using interactive print technology, customers will be able to obtain information about the product by scanning the code with a smartphone or tablet.