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Packaging Industry

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December 04, 2023

Industry Roundup

Flexible Packaging

Kao Industrial, SCG Chemicals and Dow Thailand Group sign MoU to develop packaging designed for recyclability and with a lower carbon footprint; MoU will be for rigid bottles and flexible bags for Kao brands
SCG Chemicals Co. Ltd. (12/01)

Bottles

Hologenix's Celliant with Repreve Nylon, Celliant Print win Fibers and Insulations category of ISPO Textrends Awards; Celliant with Repreve is infrared medical fabric made from recycled plastic water bottles, and Celliant Print is infrared fabric coating
Celliant fibers (12/01)

Russia initiates compulsory marking of non-alcoholic beverages bottled in glass and plastic packaging, with the exception of juices, fruit nectars, fresh fruit drinks and raw plant-based beverages; marking is intended to minimize illegal turnover
ITAR-TASS (Russia) (12/01)

Films / Sheets

Scientists make LDPE active food packaging films using methyl-cellulose, phenolic coating; emulsified carvacrol, thymol coatings shows 'high level' of antioxidant, antimicrobial properties for 7 days, and at least 40 days with olive-leaf extract coating
MDPI Journal: Polymers (12/01)

Toppan holds groundbreaking ceremony to launch construction of a new plant in the Ústí nad Labem region of Czech Republic; new plant will manufacture GL BARRIER, a transparent barrier film for packaging
TOPPAN Holdings Inc. (12/01)

Retail Food Packaging

EPR could tackle recycling challenges by improving coordination among businesses, study says; states and countries with EPR policies have better recycling programs, show increased high-quality recycled feedstocks for food contact packaging
Newswise (12/01)

E-grocers, meal kit makers focus on reduction and reuse with packaging innovation
Grocery Dive (12/01)

Retail Beverage Packaging

Anheuser-Busch, O-I Glass launch first-ever Denver Series to improve glass recycling rates in Colorado, offering free beer as a reward for recycling bottles; initiative is partnered with Denver Broncos, Keep America Beautiful, Recycle Colorado
Targeted News Service (Press Releases) (12/01)

Tetra Pak and Union Paper Mills sign AED$2.5M recycling agreement aimed at establishing a commercially viable collection and recycling value chain for used beverage cartons in UAE; new recycling equipment to be delivered, installed at UPM in H2 2024
TradeArabia (12/01)

Beauty Products Packaging

Aptar Beauty provides pump dispensers and promotional products for Jean-Paul Gaultier's Divine range, which includes a fragrance, body lotion, shower gel, 1.5ml trial size and a Scentouch sampler; the dispensing systems support brand’s storytelling, DNA
AptarGroup Inc. (12/01)

Personal Care Packaging

Packaging Design Wrap-Up: Kraft launches AI platform that scans empty jars for free peanut butter; TikToker upcycles condiment squeeze tubes into Christmas garlands; dissolving shampoo bottle that leaves zero waste comes to European store shelves
Industry Intelligence Inc. (12/01)

Healthcare Packaging / Medical Packaging

BD responds to FDA safety communication regarding Chinese-made plastic syringes; BD states 'essentially all plastic syringes BD provides to the U.S. health care system are manufactured in the United States in Nebraska and Connecticut'
PR Newswire (12/01)

FDA investigates plastic syringes made in China, advising consumers and healthcare providers to avoid them if possible, following concerns about leaks, breaks, and inconsistent performance; the investigation excludes glass and pre-filled syringes
MedTech Dive (12/01)

Secondary Packaging

Graphic Packaging's fiber-based clip-style multipack for bottled beverages, created for Brazilian startup Take and Go Comercio de Bebidas, wins gold at World Beverage Innovation Awards; multipack is a bespoke design for Take’s autonomous vending fridges
Graphic Packaging Holding Co. (12/01)

KHS now offering a universal adhesive for PET bottles, increasing the possible uses of its Nature MultiPack, a secondary packaging system that joins beverage containers together with just a few dots of adhesive without using any shrink film
WhatTheyThink (12/01)

Industrial Packaging

UFP Global Holdings acquires remaining ownership interests in Mexican affiliates NORPAL and TIBASA Universal Forest Products; companies will be combined as UFP Palets y Embalajes
Business Wire (12/01)

Pact Group completes sale of a 50% stake in its Crate Pooling business in Australia and New Zealand to Morrison & Co. for approximately AU$160M, with a further earn-out potential of AU$20M; business has been rebranded as Viscount Reuse
Pact Group Pty Ltd. (12/01)

Protective Packaging

International Molded Fiber Assn. spotlights University of Wisconsin-Stout students who were honored for BenQ Desk Lamp packaging design; students replaced PS cushioning with recyclable molded pulp, resulting in design that is approximately 78.3% smaller
WhatTheyThink (12/01)

Active / Intelligent Packaging

PLA-based films made from spent coffee grounds extracts show promise as active food packaging for refrigerated foods, increasing shelf life, enhancing gas barrier properties; high-pressure and -temperature extraction demonstrated best results
MDPI Journal: Foods (12/01)

Paper Packaging

South African consumers prefer paper packaging over plastic for its environmental friendliness, survey finds; 77% would actively support retailers who offer a packaging return system, 60% would buy more from retailers that remove plastic from packaging
Farmer's Weekly (South Africa) (12/01)

Smurfit Kappa investing US$13.8M in its plant in Mexicali, Baja California, to increase its paper packaging capacity and get ready to serve companies that are coming to the region through nearshoring; investment includes two machines, facility upgrades
CE Noticias Financieras (Latin America) (12/01)

Plastic Packaging

Colombia’s Constitutional Court clarifies decision on taxes on single-use plastic within new tax reform by the government of Gustavo Petro; court rules that the taxpayer is the manufacturer and importer of the single-use plastic packaging
CE Noticias Financieras (Latin America) (12/01)

Sonoco is closing its thermoforming plant in Fremont, Indiana, with first stage of closure beginning in December and permanent shutdown occurring in June 2024; move will affect more than 60 personnel
Film and Sheet Extrusion (CBNB Abstracts) (12/01)

Packaging Design

Institute of Scrap Recycling Industries begins accepting applications for the 2024 Design for Recycling Award; award recognizes product designs, manufacturing practices which facilitate recycling, environmental sustainability
States News Service (12/01)

Graphic Design / Graphic Printing

South Africa-based Breco Seafoods unveils redesigned packaging adorned with captivating colors and illustrations for its frozen products; the packaging includes a recipe and is designed to inspire consumers to cook up seafood meals more frequently
Bizcommunity (South Africa) (12/01)

Labels, Displays & ID Technologies

Inland Packaging cut and stack and shrink sleeve labels win American Package Design Awards from Graphic Design USA in packaging category; awards recognize outstanding design work across media, including print, packaging, web
Inland Packaging (12/01)

Mark Andy names Duane Pekar as CEO; Pekar's latest role was as president and CEO of Trajus Building Products
Mark Andy Inc. (12/01)

Packaging & Containers

Tobias Wetzel returns to KHS as new managerial head of Sales and Service on Jan. 1, 2024; Wetzel comes to KHS from Mannesmann Stainless Tubes group
WhatTheyThink (12/01)

Packaging News launches next edition of both the Environmental Packaging Summit and the Environmental Packaging Awards; events will both take place June 26-27, 2024, in London
Packaging News (UK) (12/01)

O-I achieves Great Place To Work certification in Brazil, Colombia, Peru and Ecuador, and ranks 11th among top companies in Colombia
O-I Glass Inc. (12/01)

 Food & Beverage

Confectionery & Sweet Snacks

Mars Wrigley UK recalls Revels brand products in various sizes because they may contain small pieces of rubber
PR Newswire (12/01)

Health and wellness remain top priorities for snackers, but as peak pandemic continues to recede, indulgence is becoming more important and as such consumers are less willing to sacrifice taste for functional benefit, says Kind's VP of growth platforms
FoodNavigator.com (12/01)

Cereal Products

General Mills' Cinnamon Toast Crunch brand announces limited-time offering of new Gingerbread Toast Crunch cereal; the brand also launches the Cin-Gerbread House Kit, in which the square cereal pieces can be used as the shingles, creating a textured roof
Trend Hunter Inc. (12/01)

Post Holdings to close its Post Consumer Brands cereal manufacturing facility in Lancaster, Ohio, citing need to reduce capacity in its cereal production network
Globe Newswire (12/01)

Milk / Milk Alternatives

Australian Competition and Consumer Commission approves Coles' AU$105M acquisition of two state-of-the-art automated milk processing facilities from Saputo Dairy Australia; deal expected to be completed in H1 2024
Australian Associated Press (12/01)

Meat & Poultry

Rabobank warns growth in animal protein sector could slow in 2024, pushing up prices and production costs amid tightening margins; only poultry and aquaculture are set to see increased production, albeit slower than in 2023
FoodNavigator.com (12/01)

Packaged Foods

Kellanova is working with retailers and technology companies to make the omnichannel buying experience easier, with most consumers shopping seamlessly across multiple channels, says Manish Sharma, VP of omni and e-commerce
Baking Business (12/01)

Mondelez is analyzing first- and zero-party data and tapping generative AI to improve how brands engage with consumers as they start their purchase journey online and end it in-store, says company's global e-commerce director
PYMNTS.com (12/01)

Non-Alcoholic Beverages

Executive Perspective: PepsiCo's efforts to build consumer engagement with its brands include using data-driven insights to understand changing consumer behavior, according to company's chief commercial officer and chief customer officer
Retail TouchPoints (12/01)

Coca-Cola Plans To Infuse Rs 1,387 Crore For New Plant In Maharashtra
IIFL Securities (India) (12/01)

Alcoholic Beverages

Chinese Ministry of Commerce will 'immediately' begin to review the tariffs that China imposed on Australian wine in 2020; the review will last until Nov. 30, 2024
CE Noticias Financieras (12/01)

 Personal Care

Cosmetics

Youthforia targets Gen Z with 'skinimalism', multi-tasking cosmetics made of clean, high-quality and bio-based formulations; brand markets new product, Date Night Skin Tint Serum Foundation, as 'safe to sleep in' for skin, being vegan and paraben-free
CosmeticsDesign.com (US) (12/01)

Personal Care

Ulta Beauty will participate at the SHARE Series Women in Investing event on Dec. 8
Business Wire (12/01)

L'Oreal announces continued operations in Russia, mainly production of cosmetic and hygiene products at plant in Kaluga; CEO believes the decision will allow the company to avoid consequences for its assets and staff
Russian Defense Industry Digest, The (12/01)

 Household Products

Cleaners

ISSA teams with Penn State's College of Medicine, CUNY Medicine to improve health, the environment in disadvantaged communities in Pennsylvania and New York, funded by US$1.2M grant; project will boost use of EPA's Safer Choice-labeled cleaning products
The Worldwide Cleaning Industry Association (ISSA) (12/01)

Household Products

Ziploc and Milk Bar launch limited-edition holiday mix, available pre-packaged in new quart-size Ziploc Stay Open Design Bags; offering has popular holiday flavors such as corn square cereal, white chocolate, cookie butter, sprinkles, sugar cookie pieces
S.C. Johnson & Son Inc. (SC Johnson) (12/01)

Dunkin’ partners with Martha Stewart again to promote its new Martini shaker and glasses; Stewart released a video providing a recipe for the Dunkintini, a version of the Espresso Martini, made with Dunkin’ espresso, vodka and coffee liqueur
Nation's Restaurant News (12/01)

 Health Care

Health Care, Pharmaceuticals & Wellness

Jaypirca® (pirtobrutinib) Now Approved by U.S. FDA for the Treatment of Adult Patients with Chronic Lymphocytic Leukemia or Small Lymphocytic Lymphoma Who Have Received at Least Two Lines of Therapy, Including a BTK Inhibitor and a BCL-2 Inhibitor
Eli Lilly & Co. (12/01)

SciNeuro Pharmaceuticals completes Phase 1 trial for SNP318, an orally administered inhibitor for Alzheimer's treatment, with Phase 2 study planned for 2024; the trial reports SNP318 showed strong target engagement and safety profile
Associated Press (12/01)

Tobacco, Cannabis & Derivatives

Martha Stewart CBD releases new assortments of CBD gummies for sleep, stress, and discomfort in collaboration with Marquee Brands and Canopy Growth
Canada StockWatch (12/01)

High prices of medical marijuana in Virginia force majority of users to source from unregulated markets; report recommends policy changes to increase competition and lower costs
CBS - 11 WJHL (Johnson City, TN) (12/01)

 Industrial

Automotive & Driving

Cyrusher to display latest electric bike innovations and products at Consumer Electronics Show 2024 in Las Vegas January 9-12, 2024
PR Newswire (12/01)

Honda unveils next-generation hydrogen fuel cell module for upcoming CR-V vehicle that features 33% cost reduction, 100% increase in durability from previous model; Honda to make 2,000 CR-V Hydrogen Fuel Cell vehicles yearly at its Marysville, Ohio, plant
Hydrogen Cars Now (12/01)

Agribusiness & Raw Foods

Nestle's Nescafe brand aiming to assist coffee farmers in the Philippines in achieving their goals of providing higher education for their children through a 10M peso educational assistance fund
Philippine Star News (12/04)

Corteva completes Endangered Species Act consultation process, announces that company's Enlist herbicides are poised for expanded use in formerly restricted counties in key growing regions across the US
PR Newswire (12/01)

Logistics, Shipping & Delivery

Hapag-Lloyd, Maersk, CMA CGM and MSC urge UN's International Maritime Organization to establish legal conditions to accelerate move to more sustainable fuels; Cosco is only one of the five major container shipping companies that did not join statement
dpa English (12/01)

Warehouse Specialists acquires Washington-based logistics management firm, Pac-Modal, as part of long-term revenue growth, customer diversification strategy; acquisition enhances WSI's service offerings, adds to its transportation and brokerage services
Contify Investment News (12/01)

 Packaging Suppliers

Green Bay Packaging Inc.

Green Bay Packaging set to build new regional corporate headquarters to replace current facility in Germantown, Wisconsin; company says new facility would address 'inefficiency of operating out of four separate buildings,' according to village documents
Milwaukee Journal Sentinel (WI) (12/01)

 Stock

Latest: Dec, 01 2023

Latest Value Prev Chg YOY Chg
Watchlist
Amcor Plc (AMCR) 9.56 9.48 0.84% -22.78%
Aptar (ATR) 128.10 126.89 0.95% 19.62%
Ardagh Group SA (ARD) 24.75 24.75 0.00% 0.00%
Ball (BALL) 56.34 55.29 1.90% 0.88%
Berry Global (BERY) 66.99 66.12 1.32% 10.62%
Crown Holdings (CCK) 88.04 86.01 2.36% 6.42%
DS Smith PLC (SMDS) :LON 290.60 284.20 2.25% -4.19%
Gerresheimer AG (GXI) :ETR 87.05 86.10 1.10% 28.77%
Huhtamaki Oyj (HUH1V) :HEL 35.56 35.05 1.46% 1.37%
International Paper (IP) 37.19 36.94 0.68% -0.53%
Owens Illinois (OI) 15.49 14.76 4.95% -5.03%
PCA (PKG) 169.71 168.01 1.01% 24.64%
Pactiv Evergreen Inc. (PTVE) 12.10 11.44 5.77% 2.28%
Sealed Air (SEE) 34.06 33.38 2.04% -35.50%
Silgan (SLGN) 42.85 41.72 2.71% -19.44%
Smurfit Kappa Group Public Ltd Co-O (SKG):LON 3,008.00 2,872.00 4.74% 1.42%
Sonoco (SON) 55.92 55.16 1.38% -9.69%
Transcontinental Inc. (TCL.A.CA) 11.48 11.12 3.24% -32.47%
WestRock Co. (WRK) 41.73 41.17 1.36% 9.76%
SAMPLE REPORT