• Pharmaceutical Packaging Market Estimated to Touch a Valuation of US$ 196.8 billion by 2026|

    Pharmaceutical Packaging Market Estimated to Touch a Valuation of US$ 196.8 billion by 2026|

    News: 

    The increasing demand for pharmaceutical packaging in emerging markets owing to better access to healthcare, rising healthcare expenses, and growing consumer awareness regarding healthier lifestyle. Also, advanced drug delivery and innovative packaging solutions with higher patient convenience and compliance drive the market for pharmaceutical packaging. Increasing occurrence of chronic diseases such as cancer, infectious diseases, and others and rising aging population necessitating advanced and patient friendly packaging are also expected to drive the market for pharmaceutical packaging during the forecast period.

    Based on raw material, plastics is estimated to be the largest market in the overall pharmaceutical packaging market in 2021.

    Plastics &polymers are widely used as raw materials for pharmaceutical packaging. Plastic provides freedom of design and cost-effective solution, making it a highly compatible solution for pharmaceutical packaging. The exceptional shatter resistance provided by plastics enables ease of handling and transportation. In addition, plastics can be attributed to their easy moldability, strength, and effective barrier against gas and vapor.

    Based on type, plastic bottles is expected to be the largest pharmaceutical packaging segment in 2021.

    Plastic bottles are suitable for storage of drugs in liquid and solid forms and can be coupled with the required type of cap & closure to suit specific applications such as nasal spray and ophthalmic drops. Growing use of oral drug delivery mode owing to patient compliance and convenience, increasing cases of communicable diseases, and rise in aging population in developed economies are responsible for the high share of the bottles segment.

    Based on drug delivery, oral drug delivery is expected to be the largest pharmaceutical packaging segment in 2021.

    Oral drug delivery mode is estimated to be the largest category in the overall pharmaceutical packaging market. This large market size can be attributed to the increased incidence of chronic diseases, improving patient compliance, convenient use, and reformulation and repositioning of drugs using advanced oral delivery systems, and heavy investments made by big pharmaceutical players for enhancing in-house capabilities to develop oral drug delivery technologies.

    Based on region, APAC is projected to grow the fastest in the pharmaceutical packaging market during the forecast period.

    APAC is projected to be the fastest-growing region amongst others in the pharmaceutical packaging market in 2020, in terms of value. Increasing government initiatives in emerging pharmaceutical market, increase in contract manufacturing activities, rise in aging population, and increased spending on healthcare are driving the market in APAC. China and India are the major markets in this region. In addition, growing technological advancements in healthcare sector in countries such as Singapore, China, Malaysia, Thailand, and others, increasing urbanization, and changing lifestyle are also some of the driving factors for the market growth in pharmaceutical packaging industry.

    The key players in the pharmaceutical packaging market include Schott AG (Germany), Amcor (Switzerland), Aptar Group (US), West Pharmaceutical Services, Inc. (US), Berry Global (US), Gerresheimer AG (Germany), Catalent (US), and WestRock (US). These players have established a strong foothold in the market by adopting strategies, such as new product launches, investment & expansions, agreements, partnerships, and mergers & acquisitions.

  • Not a drop wasted – ReWork at milk processor Emmi

    Not a drop wasted – ReWork at milk processor Emmi

    With a turnover of around 3.7 billion Swiss francs, the tradition-rich company Emmi is the largest dairy processor in Switzerland. Emmi has always been aware of the accompanying responsibility for employees, society and the environment – and acts accordingly in a sustainable manner. One success story is the ReWork process at its Suhr location. Using a WEIMA PUEHLER G.300 ReWork draining press, overfilled or underfilled milk cartons are automatically opened and emptied in order to return the recovered milk to the production process. The result: an efficient resource cycle.

  • ArabPlast 2021: Reifenhäuser exhibits PET solution for 100% PCR use in direct food contact

    ArabPlast 2021: Reifenhäuser exhibits PET solution for 100% PCR use in direct food contact

    The Reifenhäuser Group will exhibit its latest innovations for flat and blown film production at ArabPlast 2021 in Dubai from November 15 to 18 (Hall 8, Booth D104). The trade show is the leading industry event for the plastics and rubber industry in the United Arab Emirates.

  • Overcoming adversity with Sidel: high-speed PET water line installed for Iraqi National for Food

    Overcoming adversity with Sidel: high-speed PET water line installed for Iraqi National for Food

    Sidel has successfully installed its first high-speed PET packaging line for water in Baghdad as part of the greenfield project of Iraqi National Company for industrial food (Iraqi National for Food). With a speed of 48,000 bottles per hour (bph), the outstanding line efficiency of 96% corresponds closely with the high sustainability standards and right-weighting expertise in packaging design provided by Sidel. The new Dinar bottle produced for Iraqi National for Food comes in three sizes and is manufactured with the lightest preform on the market, based on Sidel’s StarLite™ design.

  • Sidel Super Combi Compact water complete line enhances both performance and sustainability for Zulal Water Factory, in Sharjah, UAE

    Sidel Super Combi Compact water complete line enhances both performance and sustainability for Zulal Water Factory, in Sharjah, UAE

    Thanks to enhanced performance, Sidel’s Super Combi Compact complete water line opened the door for more business opportunities for Zulal Water Factory, in Sharjah, UAE (Zulal). Running at up to 45,000 bottles per hour (bph), the line not only delivers increased productivity by 280%, but also helps the company save 56% on energy costs, when compared with their existing PET line. In addition, with the new, lighter PET bottle and optimisation of utilities, there has been a considerable reduction in the overall carbon footprint.

  • Max group to exit packaging films business, to focus on real estate

    Max group to exit packaging films business, to focus on real estate

    News: 

    The company's board of directors approved the divestment of the remaining 51 percent shareholding in Max Speciality Films Limited (MSFL), a subsidiary of Max Ventures & Industries Limited (MaxVIL), in two separate tranches to Japan's Toppan Inc., a 49 percent strategic partner in MSFL, at an enterprise value of Rs 1,350 crore on Sunday, according to a BSE filing. This translates into an equity value of about Rs 600-650 crore (subject to customary adjustments).

    "We have so far focuseed on commercial development, but we will now enter the residential segment and are in the final stages of acquiring three land parcels," said a company source.
     

    The company will also change its name from MaxVIL to Max Estates Ltd.

    "Board of Directors has authorised the investment and finance committee of the Board to explore various modalities for restructuring with its wholly owned subsidiary, Max Estates Limited, and be renamed as Max Estates Limited after receiving required statutory approvals. The change of name will bring better synergies between the name and the operations of the company," the company said in the filing.
     

    Toppan would also be taking over the debt of MSFL as part of the deal. After acquisition of 49% stake in 2017 for about Rs 200 crore Toppan became a strategic partner of MaxVIL.

    Engaged in businesses of real estate and specialty packaging films MaxVIL has decided to exit from the non-core businesses.

    Post this exit, the Company will completely focus on the real estate business in the premium residential and commercial space in Delhi-NCR.

    “The decision to divest our residual 51% stake in specialty packaging business to the existing partner is to generate additional growth capital to deploy in the real estate business that offers tremendous growth opportunities,” said said Sahil Vachani, MD & CEO of MaxVIL.
     

    After the divestment, the company will be able to create a war-chest of more than Rs 1,000 crore funded from sale proceeds, internal accruals, and potential commitment from financial investors. This will help in expanding the residential and commercial real estate footprint in Delhi-NCR.

    New York Life Insurance Company, a longstanding partner of the Group, is a strategic investor in the company, owning about 23% stake.
     

    Additionally, it has also invested at the project level through SPVs (Special Purpose Vehicles) route by picking up a 49% stake in Max Square, a commercial project on the Noida-Greater Noida Expressway.

    The company will continue to look for such strategic/financial partners to back its expansion plans.

    MaxVIL is in advance discussions with nearly half a dozen landowners to acquire and develop prime land parcels in Delhi-NCR.
     

    “Backed by a successful track record of developments in the commercial space such as Max Towers and Max House, strength of differentiation in design, end-user experience, and the overall impeccable governance of the Max Group; MaxVIL is well-positioned to scale both its commercial and residential businesses, and deliver substantial value to all stakeholders,” Vachani said.

    The company recorded consolidated revenues of Rs 3,783 million – up 31% from the year-ago period. The consolidated EBITDA rose 20% from the corresponding year-ago period to Rs 627 million.

    “Q2FY22 proved to be a splendid quarter for our commercial real estate business. Max Towers and Max House are 93% and 60% leased, respectively, while commanding a 20-25% rental premium in the micro-market. With a strong enquiry pipeline, aided with recovery in the country’s economy, we are extremely confident of 100% leasing of both of our assets this financial year, and of our growth trajectory moving forward,” said Vachani.

     

     

     

  • Fate of billions of plastic bottles potentially altered through ground-breaking Amcor technology

    Fate of billions of plastic bottles potentially altered through ground-breaking Amcor technology

    News: 

    In conjunction with America Recycles Day, Amcor Rigid Packaging (ARP) is announcing a technological advancement that makes it possible for billions* of small bottles to be recycled. ARP, known for its designed-to-be-recycled packaging, is always looking for ways to increase the amount of material that makes it to – and through – the recycling process.

    ARP is first applying the technology to 50 mL spirits bottles. These bottles, while made of recyclable polyethylene terephthalate (PET), are often lost in the recycling process due to their small size. Most people recognize these as the little liquor bottles often served on airplanes. Despite its material being infinitely recyclable**, the size of these bottles presents challenges at most U.S. material recycling facilities. The bottles tend to slip out of the sorting process where broken glass is filtered out for disposal.

    “We know that many small bottles are falling through screens in our MRFs designed to separate glass, so this is a major development – it allows these bottles to pass this step in the process and have the opportunity to be captured by the appropriate equipment downstream. At a time when the recycling industry is constrained by material supply every additional pound diverted from waste makes a big difference,” said Curt Cozart of the Association of Plastic Recyclers.

    With its pledge to develop all its packaging to be recyclable, compostable or reusable by 2025, Amcor is always innovating to increase the recyclability of its products. Seeing an opportunity for improvement, ARP’s team of engineers examined the issue and began designing a container that collapses in a controlled way to maximize its width. With a collapsed width greater than 5 cm, this design would no longer slip through the cracks at most U.S. recycling facilities.

    “This discovery was made by the Amcor team when testing revealed that the bottles collapse in different ways,” said Terry Patcheak, VP of Research & Development and Advanced Engineering at ARP. “Our simulations demonstrated that when these tiny spirits bottles are designed to collapse in a specific way, fewer bottles actually fall through the cracks. The potential here is higher recyclability rates and more recycled content for multiple segments and materials.”

    Amcor’s bottle design includes intentional failure points and is based on the Association of Plastic Recyclers specific guidelines. Finite Element Analysis testing is being undertaken to better understand the dynamics of these small bottles during the recycling process. Additionally, ARP will partner with recycling facilities to capture real-world data about the recyclability of its new bottle.

    “We look forward to seeing the data and continuing to use this kind of creative approach to look at all of our packaging. In partnering with the APR, we are looking at size, color and material to increase the amount of recycled material that can be turned into more bottles. We look forward to partnering with our customers as we use a new lens to look at ways to meet our shared sustainability goals,” Patcheak said.

    * Based on industry data
    ** With existing technologies like chemical recycling

  • Recyclable pouch for therapeutic pet food developed by Coveris

    Recyclable pouch for therapeutic pet food developed by Coveris

    News: 

    According to the companies, the global pet food market has an estimated revenue of US$34.955 million, with France ranking the third-highest country in terms of revenue, and is growing steadily despite the COVID-19 pandemic. The companies add that consumer demand for therapeutic foods that help animals to maintain a balanced diet and healthy lifestyle is also increasing.

    Meanwhile, brands are aiming to meet consumer preferences while also meeting sustainability targets. In France, where Demavic is based, the government has recently introduced an anti-waste law to encourage the elimination of pollution and particularly waste from single-use plastics.

    Demavic says this is why it collaborated with Coveris on the quadroseal bag, which was designed using the MonoFlexE polyethylene film, which the companies claim is easy to recycle in existing plastic streams.

    Additionally, Coveris claims that Demavic agreed to use the MonoFlexE because it is easy to introduce to existing production lines, as it has an equivalent machinability to standard PET and PE materials.

    Coveris will manufacture two variations of the bags: a 3kg and 10kg format. The 3kg bag includes a front zip, reportedly allowing easy opening and resealing for extended freshness of the kibble, thus offering product protection and convenience.

    However, Coveris notes that producing a 10kg bag was a challenge as this was the company's first inquiry from a customer for monomaterial bags in this size. Coveris’ research and development team in Firminy were apparently able to produce a bag that met all product tests.

    The product – including the kibble, packaging, and label – are all manufactured in France, according to the companies, and will be rolled out on the French market from Summer 2021. The companies say that the bags will soon be sold in large specialised stores.

    Olivier Poupon, a buyer at Demavic, comments: “When we decided to launch a new range of therapeutic pet food, we had to think about the distribution channels we would select.

    Usually, therapeutic pet food is sold through veterinarians, but we wanted to innovate and market our products in large food stores.

    “To attract consumers to buy this type of product at this point of sale, we had to take into consideration their expectations, particularly with regards to packaging and environmental protection.

    “The combination of full recyclability of the monomaterial, the prolonged freshness thanks to the front zip and the enhanced graphics met all our needs. As a result, the new bag created a user and environmentally-friendly image for our therapeutic pet food brand.”

    As consumer demand and legislation increasingly calls for sustainability, other brands in the pet food segment have sought to implement new packaging solutions. For example, Mondi recently unveiled a monomaterial pouch developed for the Finnish dog food brand Hau-Hau Champion, while UK brand Skinner’s celebrated its 50th year of business with a new iteration of its Field & Trial range that is completely recyclable.

  • Netherlands to reduce single-use plastics in the workplace

    Netherlands to reduce single-use plastics in the workplace

    News: 

    Starting on 1 January 2023, coffee cups in the office must be washable, or at least 75 percent of the disposable ones must be collected for recycling. Like with plates and cups in the catering industry, coffee cups in the office can be washed and reused or replaced with reusable alternatives, the State Secretary said to parliament.

    And from 2024, disposable packaging on ready-to-eat meals will come with an extra charge. This additional charge is unnecessary if the packaging is reusable or the meal is packed into a container the customer brought along. The exact amount of the extra charge is still to be determined.

    Van Weyenberg expects that these measures will reduce single-use plastics by 40 percent.

    The State Secretary distinguishes between packaging for consumption on-site, such as coffee cups for the vending machine at the office, and packaging for takeaways and delivery meals or coffee on the go. Single-use items are banned in the case of on-the-spot consumption unless the office, snack bar, or shop provides a separate collection for high-quality recycling. A minimum of 75 percent must be collected for recycling, and that will increase by 5 percent per year to 90 percent in 2026. For on-the-go consumption, the seller must offer a reusable alternative – either cups and storage boxes that the buyer brings or a return system for recycling. Here 75 percent must be collected in 2024, rising to 90 percent in 2027.

    These measures form part of the Netherlands’ implementation of the European Directive on single-use plastics. Other measures that are part of this directive include a ban on plastic cutlery, plates, and stirrers implemented in July, a deposit on small plastic bottles, and a deposit on cans that will take effect on the last day of 2022.

  • Price in the unit will be given on packaged items from April, the government is bringing new rules of packaging. New packaging rules to be in place from next April price in units will be written on packaged items

    Price in the unit will be given on packaged items from April, the government is bringing new rules of packaging. New packaging rules to be in place from next April price in units will be written on packaged items

    News: 

    The government is going to implement new rules of packaging for things from April next year.

    The government is going to implement new rules of packaging for things from April next year. It aims to empower the customers to make the right decisions before buying any packaged item. Under the new rules, manufacturers will have to add additional items to the MRP. They have to mention the price per unit of the commodity.

    per kilogram or liter for things weighing more than one kilogram or one liter. And for items of less than one kilogram or one liter per gram or per milliliter (ml), the price has to be given. There will be similar rules for things measured in meters and centimeters.

    No limit on quantity will apply
    In the amended Legal Metrology (Packaged Commodities) Rules, the norms for prescribed quantity of packaging for 19 types of items have also been reduced. These items include milk, tea, biscuits, edible oil, flour, soft drinks and drinking water, baby food, pulses, bread, cement bags and detergents. With this, any restriction set by the government on the quantity will not apply. With this, the manufacturers will have the freedom to decide the quantity of all the packaged items.

    The second major change under these new rules is that on imported packaged items, companies will have to mention the month and year of manufacture. In the current regime, they have to mention the month or date of import or pre-packaging. According to the report of Times of India, on the new rules, an official of the Ministry of Consumer Affairs said that the quality of a product is determined from the date of its manufacturing. The ministry has notified the changes in the rules.

    Customers will get more options
    On the first of the two major changes related to quantity and unit price, the official said that the changes have been implemented simultaneously to give more choices to the customers and at the same time ease of doing business for the manufacturers dealing in these items. .

    The official further said that once the packaged items are made available in all quantities, the customers will be able to choose the product as per their requirement. They will not have to buy things in large quantities under compulsion. Similarly, companies will also be able to bring more options. But to protect the rights of the customers, a provision has been added to declare the prices in the units, such as kilogram, gram, litre, milliliter, meter and centimeter.

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