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Packaging Industry

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March 14, 2022

Industry Roundup

Rigid Packaging

Packaging Design Wrap-Up: Velveeta unveils giant packaging-inspired art installation as part of marketing stunt; Cutthroat Gin’s bottle looks cut in half; toothpaste packaging concept demonstrates eco-friendly alternative to squeeze tubes
Industry Intelligence Inc. (03/11)

Berry M&H introduces packaging solutions for wellness drinks; range is available in sizes from 50ml to 1 liter with a selection of complementary closures, and in shapes including traditional round bottles, Sqround range, Thermics for extended shelf life
Berry Global Group Inc. (03/11)

Corrugated Packaging

DS Smith Group Financial Officer Adrian Marsh recently visits company’s box facility in Lebanon, Indiana--its first box facility in the US; the facility can produce 300,000 corrugated boxes in one hour and more than 1 billion ft. in a year, Marsh says
The Lebanon Reporter (03/11)

Boxes

Canada-based Racer Boxes introduces colorful folding carton boxes for various industries; the boxes are available in four styles--Straight Line Boxes, Crash Bottom Boxes, 4-Corner Glued Boxes and 6-Corner Glued Boxes
ReleaseWire (03/11)

Bottles

Diageo announces limited-time US and Canadian offering of Captain Morgan Cherry Vanilla rum, available in 75-centiliter bottles for US$15.99
MarketLine (03/11)

Beam Suntory announces US debut of its Alberta Premium Canadian whisky, available in 75-centiliter bottles for US$24.99/bottle
MarketLine (03/11)

Cans

Golden Grail Technology announces switch to recyclable aluminum cans from plastic packaging for its recently acquired Tickle Water brand; aluminum cans have about 68% recycled content compared with 3% for plastic bottles in the US, company says
PR Newswire (03/11)

Retail Food Packaging

Local Hens and the Egg Carton Store launch new hybrid egg carton that connects consumers to the local farm providing the eggs; carton uses a QR code that links directly to the farm’s online profile, including website, social media accounts and more
PR.com (03/11)

Beauty Products Packaging

Lady Gaga's cosmetics brand Haus Laboratories announces next-phase growth initiatives, including four newly rebuilt departments--product development, packaging, marketing, creative--hiring over 20 new team members, four new VPs, two new senior directors
PR Newswire (03/11)

Personal Care Packaging

Emballator Tectubes introduces range of monomaterial tubes for women care products; the tubes feature integrated applicators for precise and efficient application, both externally and internally, and can be produced in medical grades, green materials
Emballator Tectubes Sweden AB (03/11)

Household Packaging

Newell Brands releases 2021 Corporate Citizenship Report, sets 2040 carbon neutral goal for Scope 1, 2 emissions; Newell introduced Innovation Operating Model for sustainable product design, set 2025 goal to use 20% recycled content in plastic packaging
Newell Brands Inc. (03/11)

Health Care & Medical Packaging

Sirane team to visit upcoming IBMS Biomedical Science Congress; company offers clinical diagnostic kit assembly and fulfilment service, a product range for the laboratory sector, including new absorbent pad that changes color when in contact with liquid
Sirane Ltd. (03/11)

Civica RX plans to make low-cost glargine, lispro, aspart insulins in vials, prefilled pens at US$30 per vial, US$55 for five pens; over 8 million Americans use insulin, with production starting in 2024 at 140,000 square-foot Petersburg, Virginia, plant
Trinity Health (03/11)

Protective Packaging

Scientists develop solvent-free, UV-curable, protective, self-healing coating for portable electronics packaging papers based on 2K system using a modern photo initiator and catalyst; plasma pre-treatment used to improve adhesion between paper and coating
Sustainable Chemistry and Pharmacy (03/11)

Paper Packaging

Essentra Packaging boosts carton recycling efficiency with its Essentra Reflect alternative to metpol, by working with customers on cartonboard alternatives to plastic fitments, by working with suppliers on water-based coatings, and using digital printing
ENP Newswire (03/11)

Paper, paperboard may become most preferred material type in global consumer electronics packaging market; paper-based segment is expected to hold value share of 62% by end of 2027, segment expected to create incremental opportunity of US$14.43B: report
Future Market Insights (03/11)

Plastic Packaging

Global blister pack market to exceed US$36.70B over 2021-2027, and recent innovations include Bostik adhesive that augments cold-forming automation, Astellas Pharma using biomass-based plastics; US ‘set to witness a revolution’ in the space: report
Packaging Strategies (03/11)

Sweden-based Emballator Tectubes purchases new extrusion line with 80M Swedish kronor investment; new line can manufacture plastic tubes in biobased materials and PCR plastic, mainly for cosmetics and food, and with potential to grow in other segments
Emballator Tectubes Sweden AB (03/11)

Packaging Design

WeCustomBoxes highlights custom packaging trends of 2022--negative space, unique and monochrome colors, local artist collaborations, vintage art, straightforward copy without clutter, QR codes and design that doubles for supermarkets and ecommerce
Hometown Station | KHTS FM 98.1 & AM 1220 (03/11)

Graphic Design/Graphic Printing

Intergraf warns that current paper crisis will have repercussions for supply of print products for all economic markets, and constitutes a threat to graphic industry; Nordic paper mills strike, war in Ukraine impacting energy prices, supply of wood, pulp
WhatTheyThink (03/11)

Labels, Displays & ID Technologies

Cleveland-based label print shop Seneca Label adds Nilpeter FB-Line to better meet needs of its product packaging, pharmaceutical, chemical label customers; press allows company to print more labels faster, more efficiently, company said
Nilpeter A/S (03/11)

Packaging & Containers

Commentary: New Mexico needs a consumer packaging incubator that would support emerging small companies, growers and entrepreneurs producing food, body care and other products; the state has no-packers, only informal arrangements and imperfect solutions
Albuquerque Journal (03/11)

Czech Republic-based Cardbox Packaging receives silver medal from EcoVadis for corporate social responsibility, ranking in top 8% of companies evaluated; company’s score has improved 6% since 2021
European Carton Makers Association (ECMA) (03/11)

Intertape Polymer Group’s Q4 2021 net earnings fall 46.7% year-over-year to US$9.1M, primarily due to higher finance costs and cost of sales; revenue increases 20.2% to US$413.7M on higher selling prices and an increase in volume/mix
Intertape Polymer Group Inc. (03/11)

 Food & Beverage

Baked Goods

Baked multigrain chips prepared with blend of 60% corn, 20% whole wheat, 10% multigrain, 10% pulses shown to have higher rate of sensorial acceptance than corn chips, are suitable for health-conscious consumers
Biocatalysis and Agricultural Biotechnology (03/11)

Study of 154 samples from 18 bakeries in New York, Miami finds 2.6% had detectable peanut contamination; researchers estimate 1 in 40 bakery items contain unintended peanut, showing accidental exposure may still occur despite strict avoidance
Annals of Allergy, Asthma & Immunology (03/11)

Meat & Poultry

Mexico imports record US$26.56B worth of agricultural products from the US in 2021, up 40% from 2020, ranking as the top market for US dairy products, meat and poultry, wheat, grains, sugar and sweeteners, more, USDA says
CE Noticias Financieras (03/11)

White Castle's retail division surpasses 6 billion Sliders sold at the end of 2021, with 20% of its sales coming in the past three years
PR Newswire (03/11)

Coffee

Taco Bell announces limited-time offering of new US$5 Bell Breakfast Box, featuring a Grande Toasted Breakfast Burrito with sausage, two Cinnabon Delights, hash brown, and choice of coffee or medium fountain drink
Chew Boom (03/11)

Taco Bell announces limited-time offering of new Cinnabon Delights Coffee, featuring coffee blended with cream and Cinnabon cinnamon, available iced or hot for US$2.29
Nation's Restaurant News (03/11)

Packaged Foods

Study finds baked green teas have higher aroma concentrations than unbaked teas and steamed teas are significantly higher in aroma concentration than pan-fried teas; Maillard reaction is greater during baking of steamed tea than pan-fried tea
Food Chemistry (03/11)

Study finds soaking mozzarella cheese shreds before baking can help improve bake performance on pizza; moisture-loss rate, cheese surface temperature, 3D plot CIELAB color were also found to be useful in determining onset of cheese browning
Journal of Dairy Science (03/11)

Non-Alcoholic Beverages

Jones Soda widens Q4 net loss to US$1.3M from year-ago loss of US$918,000, primarily attributable to the added operating expenses related to company’s expected strategic entry into the cannabis sector; revenue rises 18.2% to US$2.9M
Globe Newswire (03/11)

Alcoholic Beverages

Pernod Ricard confirms plans to release a collection of single pot still Irish whiskeys finished in Japanese casks from its Method and Madness brand; limited-edition series features a 33-Year-Old iteration finished in Japanese Mizunara oak for three years
MarketLine (03/11)

E. & J. Gallo Winery sets up an umbrella business unit for its spirits operations; the unit will represent 24 spirits brands including New Amsterdam Vodka, Camarena Tequila and RumHaven
MarketLine (03/11)

 Personal Care

Cosmetics

Indie brand Freck Beauty introduces new Lashrocket Mascara, formulated to be smudge-, clump-free, made with lash-enhancing peptides, red clover extract to condition, nourish lashes
Hypebae (03/11)

Coty-owned Kylie Cosmetics launches Lip Shine Lacquers, high-pigmented, high-shine lip lacquers available in six shades--peach nudes, pink tones, two mauves, a bright red; clean, vegan, paraben-free formula contains hyaluronic acid
Elite Daily (03/11)

Soaps, Bath & Shower Products

OUAI adds previously limited-edition St. Barts Scalp and Body Scrub to brand's permanent collection; scrub nourishes both scalp and skin, is infused with summery notes of dragonfruit, orange blossom, coconut oil
Hypebae (03/11)

Grooming & Shaving Products

Philips Norelco launches OneBlade First Shave, designed for those just starting to shave and groom, featuring OneBlade technology for speed, anti-friction blade for smoothness; brand partners with basketball star Grant Hill for social media campaign
PR Newswire (03/11)

Walmart expands pet care offerings, which includes online brand Jinx dog food in nearly 1,000 stores, PrettyLitter smart cat litter, BARK toys and Best Friends grooming sites at 10 stores; accelerated humanization of pets anticipated this year, says Rover
Supermarket News (03/11)

Personal Care

London-based luxury niche line Electimuss to launch The Consort Collection, in which two perfumers interpret different sides of the same ingredient; first two scents--Persephone's Patchouli, Patchouli of the Underworld--available globally March 24
Fragrantica (03/11)

Elie Saab launches Girl of Now Lovely, a new fragrance for women and flanker to 2017's Girl of Now, available as 30, 50, 90ml eau de parfum; notes include mandarin, pear, blackcurrant, orange flower, almond, cashmeran, tonka bean, patchouli
Now Smell This (03/11)

 Pet Care

Pet Food

Hill’s Pet Nutrition joins Pet Sustainability Coalition at the highest member level in organization; move to provide PSC with support to source sustainable ingredients, transition to sustainable packaging and promote diversity, equality and inclusion
Pet Product Innovations LLC (03/11)

Sustainable, plant-based dog treat maker Bright Planet Pet is now available in 500 Petco stores nationwide; company recently won Purina’s 2022 Pet Care Innovation Prize and offers products such as Better Burg'r, Better Brat and Better BBQ Chick'n
Pet Business Magazine (03/11)

Pet Care Products

Petco to start operations in Chile, as part of alliance with Mexico-based Grupo Gigante, which confirmed that it will begin operating an online store format in Q2 2022 before opening physical stores; alliance registered profits of US$21.7M in fiscal 2021
TODAY in 24 (03/11)

Maryland-based national pet product distributor Pet Palette Distribution hires new territory sales representatives Cheryl Bailey and Arianna Untereker; Bailey to service Northeast territories, while Untereker to work with the North Midwest territories
Pet Product Innovations LLC (03/11)

Pet Care

Pet supply manufacturer Ethical Products partners with Cosmopolitan to launch COSMO Furbabies pet product line in US; collection consists of 17 dog toys, six cat toys, two styles of dishes, two carriers, beds, waste management supplies as well as apparel
PR Newswire (03/11)

US-based Pet Parents announces upcoming release of new FurBall in March 2022, although product details are not yet available; product will soon be featured online and is the second new release of 2022 for the company
PR Web (03/11)

 Household Products

Household Products

Reckitt-owned Air Wick partners with World Wildlife Fund for second year to continue toward goal of reseeding 1 billion square feet of native wildflower habitats in Northern Great Plains
PR Newswire (03/11)

 Health Care

Over-the-Counter (OTC) Drugs

Perrigo completes sale of Mexico and Brazil-based OTC businesses to Advent International on undisclosed financial terms; transaction is part of Perrigo's margin improvement and cost savings initiatives
Perrigo PLC (03/11)

Prescription Drugs

AstraZeneca announces US approval for MSD’s Lynparza tablets for treatment of certain breast cancers
AstraZeneca AB (03/11)

Axios: Pharmacists set to lose enhanced prescribing role when public health emergency expires; some pushing to make enhanced role permanent that would let patients get Covid testing in a pharmacy and be prescribed antivirals under test-to-treat initiative
Axios Media Inc. (03/11)

Pharmaceuticals/Nutraceuticals

Synthetic Biologics completes acquisition of VCN Biosciences, a privately held biotechnology company focused on a new oncolytic adenovirus platform to improve cancer therapy
Synthetic Biologics Inc. (03/11)

FDA approves Eugia Pharma’s ANDA 202600 for preservative-free ondansetron hydrochloride EQ 2mg base/ml injectable; product is available by prescription only
US Official News (03/11)

Health Care & Wellness

Global electrophysiology catheter market expected to hit US$7.3B by 2028, with 8.4% CAGR from 2021 to 2028; hospital segment CAGR anticipated at 8.7% during period, with over 1 million cardiac catheterizations in US annually: Research and Markets
Business Wire (03/11)

Arizona poison centers report 90% increase in pediatric marijuana exposures in 2021, with many involving toddlers ingesting edible products; marijuana can cause prolonged neurologic, respiratory depression in kids under 5 years of age requiring intubation
Banner Health (03/11)

Tobacco, Cannabis & Derivatives

Curaleaf Holdings launches Select Live Rosin, the company's first line of solventless extracts for medical marijuana patients across Florida; products will roll out statewide by April 7
PR Newswire (03/11)

Former heavyweight boxer Mike Tyson launches his Tyson 2.0 cannabis brand in Ascend dispensaries; brand is manufactured under partnership with Columbia Care
MassLive.com (03/11)

 Industrial

Automotive & Driving

Environmental, justice organizations urge California Gov. Gavin Newsom to require automakers to sell higher percentage of EVs in state, make steep pollution cuts from gas-powered vehicles; state plans to reach 61% EV sales by 2030
Center for Biological Diversity (03/11)

Beam Global receives US$2.4M order from EV charging company SparkCharge for Beam AllCell battery storage products; energy storage technology offers highly flexible battery platform for applications needing safe, high power in small spaces
Financial Services Monitor Worldwide (03/11)

Agricultural Products & Raw Foods

University of Saskatchewan team builds tool to estimate value for wetland ecosystem services to help farmers, planners, policymakers understand benefits of wetland conservation; wetlands in some areas can have values averaging C$6,500/hectare per year
University of Saskatchewan (03/11)

USDA reduces its overall projection for Florida orange and grapefruit production in its newly released March forecast for the full 2021-2022 season; new forecast predicts 41.2 million boxes of oranges and 3.9 million boxes of grapefruit
Fresh Plaza (03/11)

Logistics, Shipping & Delivery

USPS First-Class Mail was delivered 86.9% on time for Jan. 1 - March 4 period, down 2.3 percentage points from Q1, Marketing Mail down 0.5 pp to 91.7% on time, periodicals down 0.4 pp to 80.5% on time; average time for mail delivery was 2.7 days
U.S. Postal Service (USPS) (03/11)

Maersk's APM Terminals seeks to divest its 37.5% stake in Russia's terminal operator Global Ports; operator moved 1.6 million TEU in 2021 and runs six terminals in Russia, including the St. Petersburg container terminal, as well as terminals in Finland
The Maritime-Executive (03/11)

 Stock

Latest: Mar, 11 2022

Latest Value Prev Chg YOY Chg
Watchlist
Amcor Plc (AMCR) 10.90 10.90 0.00% -7.08%
Aptar (ATR) 112.30 112.26 0.04% -19.43%
Ardagh Group SA (ARD) 24.75 24.75 0.00% -5.57%
Ball (BLL) 85.56 87.06 -1.72% 2.43%
Berry Plastics (BERY) 56.71 56.82 -0.19% -3.72%
Crown Holdings (CCK) 121.42 121.62 -0.16% 24.74%
DS Smith PLC (SMDS) :LON 309.10 316.30 -2.28% -21.53%
Gerresheimer AG (GXI) :ETR 59.20 59.20 0.00% -30.27%
Huhtamaki Oyj (HUH1V) :HEL 28.93 28.87 0.21% -26.24%
International Paper (IP) 42.43 42.04 0.93% -21.29%
Owens Illinois (OI) 11.80 12.01 -1.75% -7.88%
PCA (PKG) 149.75 149.01 0.50% 6.99%
Pactiv Evergreen Inc. (PTVE) 9.14 9.25 -1.19% -42.62%
Sealed Air (SEE) 64.77 64.25 0.81% 43.01%
Silgan (SLGN) 42.81 42.61 0.47% 3.73%
Smurfit Kappa Group Public Ltd Co-O (SKG):LON 3,159.00 3,188.00 -0.91% -7.20%
Sonoco (SON) 55.65 55.49 0.29% -10.14%
Transcontinental Inc. (TCL.A.CA) 18.06 18.34 -1.53% -26.76%
WestRock Co. (WRK) 43.30 42.61 1.62% -15.74%
SAMPLE REPORT