Packaging Textiles

10th Sep 2024

Berry Global has appointed James T Glerum, Jr. to its board of directors. Glerum, former VC at Citigroup and veteran of UBS and Credit Suisse, brings extensive experience in investment banking and corporate finance. With a career spanning 40 years and over $500 billion in transactions, his expertise will enhance Berry’s board in capital allocation.

1st Jun 2024

Stein Fibers has acquired Banyan Plastics to bolster its presence in the sustainable polymers market and enhance distribution services for PET manufacturers worldwide. The merger aims to offer comprehensive sustainability solutions to a diverse customer base. This strategic move underscores Stein Fibers' commitment to advancing eco-friendly...

25th Apr 2024

European Parliament approved a sustainability-focused packaging law, securing 476 votes in favour. The legislation targets a reduction in packaging waste to boost the circular economy. It introduces measures such as limits on empty space in packaging, bans on certain single-use plastics from 2030, and restrictions on PFAS chemicals in food...

6th Apr 2024

UFlex launches commercial production of poly-condensed polyester chips at its Panipat facility, with an annual capacity of 168,000 metric tons. This move reinforces UFlex's commitment to vertical integration. The plant will supply raw material for BOPET packaging films, catering to both in-house and third-party demands, enhancing India's packaging...

6th Mar 2024

The European Parliament and Council have agreed on revamped rules to reduce, reuse and recycle packaging. The aim is to make packaging safer and more sustainable, by requiring all packaging to be recyclable, minimising the presence of harmful substances, reducing unnecessary packaging, boosting use of recycled content and improving collection and...

23rd Jan 2024

Yonex Co, the sporting goods manufacturer, has chosen Mitsui Chemicals Asahi Life Materials Co's Ecorise PLA spunbond nonwoven for packaging its tennis racquets, aligning with its eco-friendly practices. The switch from nylon cases to Ecorise packaging, featuring embossed Yonex logos and utilising ultrasonic welding, enhances sustainability.

23rd Dec 2023

Billerud has appointed Andrei Kres as its new chief financial officer (CFO). With a decade-long tenure at Billerud, Kres has held various roles, including head of group treasury and vice president of group finance. Having served as acting CFO since August 2023, Kres brings a strong financial background and valuable company experience to the role.

5th Dec 2023

Sonoco has expanded its flexible packaging operations by acquiring Inapel Embalagens in Brazil. Inapel, with over 50 years of industry leadership, operates 2 facilities in Sao Paulo. The acquisition complements Sonoco's existing packaging operation in Pinhais, Brazil. Inapel's technical capabilities align with Sonoco's focus on sustainable...

5th Dec 2023

Andritz has successfully initiated operations at Nanning Sun Paper's pulp and paper mill in Guangxi Province, China, with a cutting-edge fibreline and lime kiln plant. The project, executed on a full EPS basis, features China's largest high-kappa fibreline (1,600 adt/d capacity) and an energy-efficient lime kiln (450 t/d burnt lime capacity).