Corrugated Board Packaging News
- July 2022 - WestRock Co., a US-based containerboard and packaging manufacturer, announced that it entered into an agreement to acquire the remaining interest in Grupo Gondi for USD 970 million, plus the assumption of debt. According to the WestRock, upon completion of the transaction, the company would further enhance its position in the growing Latin American containerboard and consumer and corrugated packaging markets, as Grupo Gondi operates nine corrugated packaging plants, four paper mills, and six high graphic plants throughout Mexico.
- February 2022 - Menasha Packaging Company, LLC, a subsidiary of Menasha Corporation, announced the signing of an agreement to acquire the assets of Color-Box, a business unit of Georgia-Pacific, LLC. The acquisition is expected to complete in early summer 2022. Like Menasha Packaging, Color-Box is a corrugated packaging manufacturer that specializes in high-graphic boxes, which will help expand the company's geographic footprint and provide additional graphics, design, and structural packaging options for Menasha's customers.
Related Packaging Materials Industry News
- January 2024 - The Fedrigoni group, a speciality paper manufacturer for luxury packaging and other creative applications, self-adhesive labels and materials, and RFID and connectivity solutions acquired Arjowiggins China. The paper factory in Quzhou manufactures transparent papers sold under the Gateway and Sylvicta brands for applications such as industrial design and graphics for food, consumer electronics, or luxury packaging located in the Zhejiang Province.
- December 2023 - The State Bank of India invested in the paper packaging industry by injecting INR 49.99 crore (USD 6.04 million) into Canpac Trends Private Limited, a company based in Ahmedabad specialising in paper-based packaging solutions. SBI invested in Canpac Trends with a view to capital appreciation, highlighting the growth and profitability potential of the paper packaging industry.
- June 2024: Georgia-Pacific, a prominent consumer product manufacturer, unveiled the reimagined ARIA brand. The centerpiece of this relaunch is 100% recycled, three-ply bath tissue, which aligns with the increasing consumer demand for sustainability while ensuring high standards of quality and softness.
- April 2024: Georgia-Pacific announced a USD 150 million investment to upgrade a paper machine at its Wauna, Oregon mill. This initiative will convert a 1965-era machine into a state-of-the-art facility dedicated to producing paper for Angel Soft and select private-label bath tissue brands. This strategic modernization effort enhances the mill's and the company's competitive position in the market.
- March 2024: Sealed Air developed a new paper bottom web to meet the needs of food processors, retailers, and consumers looking to reduce plastic consumption and meet paper packaging demand. CRYOVAC’s new barrier formable paper, branded under Sealed Air, is made of 90% fibers certified by the FSC. According to SEE, this paper bottom web can reduce plastic by 77% when replacing PET/PE bottom web packaging.
- January 2024: The new product, Sunfeast Farmlite Digestive Biscuit Family pack in 100% outer paper packaging, was launched by ITC Sunfeast Farmlite, a range of healthy biscuits from ITC Foods. It is the first brand to embrace 100% outer paper packaging. Ergonomic design aspects have been carefully selected, making paper packaging consumer-friendly, visually attractive, and comfortable.
- March 2024: Repsol launched its lubricant containers, integrating 60% mechanically recycled post-consumer plastic. This new material, a Repsol Reciclex series of eco-friendly polyolefins components, will be utilized in all 1-liter, 4-liter, and 5-liter lubricant containers.
- October 2023: PAC Worldwide opened a larger manufacturing facility in Mexico. Formerly situated in Pedro Escobedo, the company's operations have transitioned to an 83,000-square-foot Vistha San Juan Del Rio plant. This new facility serves as a hub for flexible packaging solutions.
- August 2023: GPA Global, one of the innovative packaging companies, announced the combination of Foli de Mexico, one of Mexico’s packaging, display, and commercial printing companies. This strategic alliance strengthens GPA Global’s position as a global leader in packaging. It marks a major milestone in the company’s mission to provide customers with innovative solutions and sustainable business practices worldwide.
- January 2024: Coca-Cola India and Reliance Retail, the retail arm of India-based conglomerate Reliance Industries Limited (RIL), launched a new polyethylene terephthalate (PET) collection and recycling initiative. The initiative, called 'Bhool na Jana, Plastic Bottles Lautana,' will feature reverse vending machines and collection bins in Coca-Cola India's and Reliance Retail's stores in Mumbai and Delhi, with plans to roll it out nationwide. The initiative, part of the Indian government's larger 'Swachh Bharat' Mission, started with 36 stores, including those in Mumbai, Delhi's Smart Bazaar, and Sahara Bhandar.
- October 2023: Coca-Cola India launched 100% recycled polyethylene terephthalate (rPET)-made bottles in the carbonated beverage category. The new bottles are being manufactured by Coca-Cola bottling partners, Moon Beverages and SLMG Beverages.
- March 2024: A 75 cl bottle with a carbon footprint and approach to achieving carbon neutrality was launched by O-I Glass, which has been certified by the Carbon Trust.
- February 2024: Vetropack, a European glass manufacturer, launched a returnable bottle of 0.33 liter, the first of its kind in the Austrian brewing sector. The bottle is one-third lighter than the traditional reusable bottle, and over two-thirds of the glass used in the production process is recycled.
- January 2024: Savillex, a container and containment solutions provider, has unveiled its latest product line under the Purillex brand PETG Square Media Bottles. These bottles are designed for critical life sciences applications and are produced in Savillex's ISO Class 7 facility in the United States.
- January 2024: Tekni-Plex Inc. introduced the world’s first 30% post-consumer recycled content pharmaceutical-grade blister film along with the partnership with Alpek Polyester. The blister film is also fully recyclable and meets all pharmaceutical requirements for PET as outlined in the European Pharmacopoeia Section 3.1.15 and the United States Pharmacopoeia Section 661.1.
- October 2022 - Tetra Pak, a multinational provider of food processing and packaging solutions, declared that it would establish a joint venture with Egyptian paper board producer Uniboard to recycle used beverage cartons (UBC) in Egypt for a sum of EUR 2.5 million (USD 2.59 million). When the plant reaches full capacity in five years, it will recycle 8,000 tonnes of UBC yearly after beginning the first operation the next year.
- June 2022 - The Board of Directors of the paper and cardboard division of the Chamber of Printing & Packaging Industries of the Federation of Egyptian Industries (FEI), led by the division's head Jamal Al-Saudi, prepared a case study on strategies to develop the paper and cardboard industry and the challenges it faces, for submission to the responsible authorities for their timely action. Al-Saudi pointed out that the study contains 15 recommendations for solving all the major problems faced by the paper and cardboard industry in Egypt and ways to develop them and increase the sector's exports.
- January 2024: PulPac, a Swedish packaging company, announced the acquisition of DMF Tooling, a new subsidiary of the company. DMF Tooling will provide serial-produced, multi-cavity tools specially designed for dry-molded fiber DMF production, which aligns with PulPac's mission to eliminate single-use plastics from the packaging industry. DMF Tooling will support the company's mission to promote a more sustainable future by accelerating the shift toward eco-friendly packaging solutions.
- April 2023: HZ Green Pulp signed a deal to become Malaysia's first dry-molded fiber producer. Dry molded fiber pioneer PulPac partnered with HZ Green Pulp as its first licensee in Malaysia. HZ Green Pulp aims for a speedy market launch to supply the growing pulp packaging market with dry-molded fiber products, starting with convenience products such as lids for hot and cold drinks, food trays, and cutlery.
- Dec 2020- Private investment firm Graham Partners continues its targeted investments in technology-driven advanced manufacturing companies and has acquired Berry Global Group Inc. The business will be combined with Graham Partners' flexible packaging portfolio company, Advanced Barrier Extrusions LLC (ABX), which Graham Partners acquired in August 2018. The business will operate under the ABX name in the future.
- March 2021- Greiner Packaging announced that it has expanded its range of sanitizer bottles to meet the increased demand. The new product range includes 16 bottles, including sanitizers, and comes in different sizes and shapes with capacities ranging between 100 and 1000 milliliters. These bottles are all produced using the ISBM process and have round bodies, which can be made from up to 100% r-PET.