Rio Tinto and Giampaolo partner to meet rising demand in packaging sector
This alliance is poised to transform sustainable packaging, addressing the growing demand for low-carbon aluminium solutions.
06 December 2023
06 December 2023
This alliance is poised to transform sustainable packaging, addressing the growing demand for low-carbon aluminium solutions.
The facility is strategically located 1,000m from the group's headquarters.
The aluminium value chain is aiming to reach a 100% recycling rate by this date.
The factory will have an annual production capacity of more than 100 million pounds of recycled plastics.
The companies have been in a production partnership for more than 40 years.
GlobalData's Energy Monitor reports on the latest wrangling over fossil fuels from COP28 in Dubai.
The acquisition is set to improve Orara's diversification and provide growth opportunities in the future.
The solution will mark the debut of Woamy's packaging foam in the market.
Merging industry-leading business intelligence & award-winning journalism, this is an unrivalled opportunity for engagement with B2B professionals across a network of 40+ leading media websites.
Merging industry-leading business intelligence & award-winning journalism, this is an unrivalled opportunity for engagement with B2B professionals across a network of 40+ leading media websites.
In 2022, flexible packaging was the most used pack material, followed by rigid plastics. Dairy & soy food was the leading sector, while prepared meals sector is forecast to register the fastest growth during 2022–27, per GlobalData. Personalized packaging is becoming popular as consumers appreciate products tailored to their needs or preferences.
In 2022, the soft drinks sector held the largest non-alcoholic beverages packaging market share, while the hot drinks sector is forecasted to register the fastest growth during 2022–27. Rigid plastics are usually a preferred choice in the non-alcoholic beverages industry because of their portability, convenience, and lightweight nature that facilitate on-the-go consumption.
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