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Berry Global debuts closures for nutraceutical packaging

15 Jun 2024
Komal Sharma

As people become more health conscious and aware of the need to take preventive healthcare measures, the market for nutraceuticals – products that combine pharmaceutical-like properties with nutritional benefits – is growing rapidly. According to a recent report by MarketsandMarkets, the US nutraceutical packaging market is projected to reach $4.2 billion by 2028, up from $3.4 billion in 2023.

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Swiss Food & Nutrition Valley partners with Nestlé and Tetra Pak to foster collaborative innovation in sustainable packaging.

15 Jun 2024
Aditya Panwar

Swiss Food & Nutrition Valley, in partnership with Nestlé and Tetra Pak, convened over 60 Swiss and European partners at a nationwide event in Bern this week. This collaborative initiative aims to highlight promising sustainable packaging materials and foster innovation through new partnerships.

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LABOUR 'COMMITTED’ TO MOVING TOWARDS A CIRCULAR ECONOMY

15 Jun 2024
PC Correspondent

In putting forward its offer to the British public, Labour has said it ‘is committed to reducing waste by moving to a circular economy,’ while offering no specific measures on what this will look like.

The manifesto also pledges to allocate £1 billion to accelerate the deployment of carbon capture technology, which comes at a time when the waste industry is heavily investing in carbon capture solutions.

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EcoTwistPaper: Constantia Flexibles launches innovative confectionery packaging solution

15 Jun 2024
PC Correspondent

Constantia Flexibles introduces EcoTwistPaper, an innovative packaging solution for the confectionery industry. This new product, a wax-free twist-wrap made entirely from paper, prioritizes recyclability and supports the global shift toward sustainable products.

EcoTwistPaper has undergone repulpability testing with the Confederation of European Paper Industries (CEPI) and has scored an impressive 90 out of 100 for its printed material.

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ABB launches the special robot controller Omnicore

15 Jun 2024
PC Correspondent

The Omnicore platform is the result of an ABB investment of over 170 million US dollars in next-generation robotics. It marks a major step towards a modular and future-proof control architecture for robot systems. Omnicore enables complete integration of artificial intelligence, sensor, cloud and edge computing systems to develop cutting-edge and autonomous robot applications.

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Gerresheimer to acquire Blitz LuxCo Sarl, the holding company of the Bormioli Pharma Group – Strategic reset of Moulded Glass business

14 Jun 2024
Komal Sharma

Gerresheimer Glas GmbH, an indirect subsidiary of Gerresheimer AG, has today signed a purchase agreement with funds advised by Triton ("Triton") for the acquisition of Blitz LuxCo Sarl, the holding company of the Bormioli Pharma Group ("Bormioli Pharma"). The purchase price is based on a determined enterprise value of around EUR 800 million, which corresponds to an adj. EBITDA multiple of around 10 Bormioli Pharma, has 9 production sites in Europe. The Group generates revenues of around EUR 370 million and an adj. EBITDA margin of around 21%.

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ARB rules against Nutriwomen in L’Oréal packaging dispute

14 Jun 2024
PC Correspondent

In a complaint, L’Oréal South Africa alleged that Nutriwomen's Dermacare range packaging imitated the distinctive elements of L’Oréal's Cerave skincare products.

L’Oréal South Africa, through its legal representation ENS Africa, contended that Nutriwomen's Dermacare packaging closely resembled Cerave's, including fonts, and product design.

The company argued that Dermacare "copies" its colours and product range descriptors.

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APR expands design for recyclability recognition programme

14 Jun 2024
PC Correspondent

US-based Association of Plastic Recyclers (APR) has expanded its recyclability recognition programme to include new packaging components.

The programme provides third-party validation that a package or packaging component’s design is compatible with the North American recycling system. This is done by confirming that the item has met the highest criteria for recyclability according to the APR Design Guide. Complete packages and all components of package design, including labels, barrier materials, dispensers, and more, are eligible for Preferred Design Recognition (PDR).

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ELEMENT6 DYNAMICS AND PAPACKS® ANNOUNCE PARTNERSHIP INTENTIONS

13 Jun 2024
PC Correspondent

element6 Dynamics and German-based PAPACKS® are pleased to announce the signing of a Memorandum of Understanding to Joint Venture on the US expansion of PAPACKS’ molded and thermal formed packaging in partnership with element6 Dynamics, a US modern pioneer in industrial hemp.

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