Waitrose and Partners in collaboration with Hubbub, an environmental charity group based in the UK, has initiated a programme to tackle the issue of plastic pollution.
Designated as Plan Plastic – The Million Pound Challenge, the initiative will offer financial assistance to the projects demonstrating different methods to address plastic pollution.
Grants to be provided under the programme will range between £150,000 ($196,364) and £300,000 ($392,728). The sum will be sourced from the £1m ($1.3m) fund raised by Waitrose and Partners by selling 5p carrier bags.
The initiative covers plastics in the community, education, public behaviour change, food, agriculture and microplastics.
Novolex brand Eco-Products has agreed to participate in the new Compost Manufacturing Alliance (CMA) programme in a bid to make the composters easily understand the composability of each product.
Compostable plates, cups, bowls, containers and utensils developed by Eco-Products will now carry the CMA ‘Composter Approved’ logo.
The CMA logo will be used for the identification of a range of products that cleared Composter-Approved testing.
The programme covers technical review and field testing of compostable products.
Huidu Environmental Technology (Shanghai) has raised CNY100m ($14.55m) through a Series A funding round.
Based in China, Huidu is specialised in environmental recyclable packaging materials development.
Led by Bojiang Capital, the financing round saw the participation of Gemboom Investment and Beijing Yi Road Capital Management.
ZerO Box has secured $14.8m through the Series A funding.
ZerO Box is a China-based developer of recyclable packaging materials.
CleanCut Technologies, an advanced medical device packaging and design services provider based in the US, has been acquired by Oliver Healthcare Packaging for an undisclosed sum.
The packaging product portfolio of CleanCut Technologies includes patented clipless dispensers for catheters and guidewires, mounting cards, pouches, lids, cartons and shippers. Its product portfolio will be controlled by Oliver.
The transaction also includes design and prototyping, 3D printing, tube flaring, pad printing and contract packaging.
The 70,000ft² packaging facility in California will now be operated by Oliver.