View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
January 11, 2022

Grupo Modelo invests in new CanCollar Eco solution in Mexico

The transition to CanCollar Eco packaging will enable the company to remove 100t of plastic waste a year.

Beer brewing company Grupo Modelo has invested $4m in new fibre-based CanCollar Eco packaging in Quintana Roo, Mexico.

Free Report
img

How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
  • Identify the top sectors in the target market attracting the investments
  • For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
  • Assess and showcase the growth potential for various Industries in the target economy
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.

The investment is made in partnership with corrugated packaging firm WestRock and Grupo Gondi, a recycled paper and cardboard packaging manufacturer.

The partnership is in line with Grupo Modelo’s sustainability goals and will help the company to remove plastic rings from all cans sold in Quintana Roo.

The company will eliminate plastic rings in two phases, starting with those on six-packs of 355ml Corona Extra, Montejo and Modelo Especial.

Following this, the partnership will install the high-speed CanCollar Fortuna machine, which uses just a paperboard clip to hold the upper part of the cans together.

WestRock’s CanCollar Eco packaging will be then be adopted across Mexico on 355ml can six-packs of beers including Corona Extra, Montejo, Modelo Especial, Barrilito, Negra Modelo and Victoria.

In addition, the sustainable packaging will be used on 473ml can four-packs of Victoria, Modelo Especial and Corona.

Through this initiative, Grupo Modelo will be able to remove 100t of plastic waste and avoid 335t of packaging waste annually.

Grupo Modelo sustainability regional director Soqui Calderon said: “At Grupo Modelo, we are continuing to evaluate various alternatives for plastic rings in the packaging of beer cans.

“This is how we discovered CanCollar Eco, a new solution developed by WestRock and produced in Mexico by Grupo Gondi. Made from recyclable paperboard, this innovative packaging uses the least amount of material required to hold and to keep our beer cans secure through the supply chain.”

Last year, WestRock partnered with US-based liquid packaging and dispensing solution provider Liquibox to develop a bag-in-box solution for Amazon.

Related Companies

Free Report
img

How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
  • Identify the top sectors in the target market attracting the investments
  • For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
  • Assess and showcase the growth potential for various Industries in the target economy
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The packaging industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Packaging Gateway