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Top M&A financial advisers in Asia-Pacific for Q1 2024 revealed
Deutsche Bank and JP Morgan were the top mergers and acquisitions (M&A) financial advisers by value in the Asia-Pacific region …
SBTi validates SÜDPACK’s greenhouse gas emissions reduction targets
SÜDPACK, a European film manufacturer, has received validation from the Science Based Targets initiative (SBTi) for its ambitious greenhouse gas …
Lean packaging: streamlining to reduce waste and increase productivity
In the fast-paced world of manufacturing and distribution, efficiency is paramount. Lean packaging, an approach inspired by the principles of …
Huhtamaki plans Malaysia site closure to consolidate production
Huhtamaki, a global sustainable packaging solutions provider, has announced the closure of its production facility in Port Klang, Malaysia, as …
Namaqua Wines chooses SIG for low-alcohol wine carton packaging
In a move targeting growing consumer demand, Namaqua Wines, a leading South African producer, has selected SIG as its preferred …
Technip Energies and Anellotech partner on plastic recycling technology
Engineering and technology company Technip Energies and Anellotech have entered a global agreement to jointly develop plastic recycling technology. The companies …
Nexgen Packaging establishes African headquarters in Kenya
Nexgen Packaging, a leading global supplier of garment trims and packaging solutions, has officially opened its African headquarters in Nairobi, …
Demand rises for global corporate plastic targets
As the fourth round of negotiations for a UN Global Plastic Treaty begin, a group of global corporations and non-governmental …
BEWI launches EPS fish boxes with lower carbon footprint
Packaging components and insulation solutions supplier BEWI has launched new expanded polystyrene (EPS) raw material grades and EPS fish boxes …
Valmet to deliver IQ Moisturizer system to Adara Pakkaus in Finland
Pulp and paper technologies provider Valmet has agreed to supply its IQ Moisturizer system to Finland-based producer Adara Pakkaus. Based in …
Ranpak launches two eco-friendly packaging solutions in North America
Global packaging provider Ranpak has introduced two of its eco-friendly packaging solutions in North America, reinforcing its commitment to sustainability. These …
SSP UK switches to plastic-free coffee cup lids for hot beverages
SSP UK, an operator of food and beverage outlets in travel locations, has replaced plastic lids on its own-brand hot …
O-I Glass pursues 25% water reduction goal
Glass packaging leader O-I is making significant strides in water conservation through a multi-pronged approach that includes water recycling, process …
PCA posts net income of $146.9m in Q1 FY 2024
Packaging Corporation of America (PCA) has posted a net income of $146.9m for the first quarter (Q1) of financial year …
Wine industry makes sustainability push with new packaging alliance
A group of environmentally conscious wine brands have joined forces to launch the Alternative Packaging Alliance (APA), a US-based coalition …