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Shriji Polymers acquires majority stake in rigid plastic packaging manufacturer Parekhplast India for undisclosed sum; industry sources say Parekhplast India's valuation could be about US$24M

Paint containers manufactured by Berry using recycled plastic collected as part of a closed loop system have been named Best Recycled Plastic Product in the Plastics Industry Awards 2022; the containers previously won a RECOUP Award

PepsiCo partner Northern Bottling, a subsidiary of Haidri Beverages Group, to install Sidel’s highest-speed complete PET line in Pakistan; Sidel’s Combi is able to blow bottles using the lowest possible blowing pressure, and the air is recycled

Packaging Design Wrap-Up: Tropicana releases spray bottle for customizing mimosas; McDonald’s packaging gets turned into recreation of Leonardo da Vinci painting; seaweed-based packaging for wrist watches is compostable and water-soluble

WRAP report highlights UK Plastics Pact's progress since 2018; amount of recyclable packaging is up to 70% from 66% in 2018, recyclable rigid packaging is up to 92% from 81%, recycled content is up to 22% from 8.1%, textiles' carbon footprint is up 4.4%

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