The Latest
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Photo illustration: Shaun Lucas/Industry Dive; Getty Images
Tracking packaging mergers and acquisitions in 2024
Private equity-backed FCA Packaging announced its acquisition of Greentree Packaging and Lumber. West Fraser Timber completed its sale of two Canadian pulp mills.
Updated 5 hours ago -
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O-I to supply returnable wine bottles
O-I Packaging Solutions is partnering with Oregon-based startup Revino to circulate refillable glass bottles designed for up to 50 uses.
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PCA’s corrugated product shipments rise as demand rebounds
Demand in Q1 exceeded Packaging Corp. of America's expectations, said CEO Mark Kowlzan. Executives again expressed frustration with the impact of Fastmarkets RISI’s pricing index and noted the search for alternative methods.
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Colorado legislature greenlights ‘medium’ scenario for EPR implementation
A revised needs assessment showed that the producer-funded program cost could range between $190 million and $310 million come 2035. The recycling rate could reach 58% by that year, an estimate shows.
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Acquisition of DS SmithInternational Paper-DS Smith deal faces few barriers following Mondi’s exit, analysts say
The companies don’t expect regulator pushback thanks to their complementary geographies. Although IP outlined efforts to prevent disruption to existing employees, 400 layoffs could result from the deal.
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Courtesy of Mondi Group Plc
Acquisition of DS SmithMondi ends bid for DS Smith following International Paper deal
Mondi’s announcement comes days after the boards of International Paper and DS Smith recommended that those two companies combine and days before a deadline to submit a potential counteroffer.
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CMI weighs in on Biden’s call for tariff increases
Trade with China is a key issue ahead of the 2024 presidential election. The Can Manufacturers Institute says the Biden administration should take greater action to mitigate impacts from steel and aluminum imported goods.
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General Mills’ packaging recyclability inches up, food-grade PCR use poses a challenge
The company reported incremental progress on making all of its packaging recyclable or reusable by 2030. It also said that packaging constitutes 8% of its value chain’s GHG emissions.
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Courtesy of Nestle
Nestlé to use recyclable, light-blocking shrink sleeves on some beverage products
The company is hoping the crystallized PET sleeves will play a role in bottle-to-bottle circularity for Nesquik and Coffee mate products, among others.
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SolStock via Getty Images
What brands and retailers are saying about sustainable packaging in 2024
General Mills, Ikea, Walgreens, Starbucks, Hain Celestial and Del Monte are some of the retailers and brands that have shared updates on packaging changes, new targets and annual progress in sustainability reports during 2024.
Updated April 22, 2024 -
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REMADE conference explores the future of the circular economy
The conference, featuring keynote speaker Ellen MacArthur, aimed to translate scientific research into tangible circular economy solutions for the researchers, government officials and private companies in attendance.
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Compostables break down in real-world conditions, but more work needed: report
The Composting Consortium, which is managed by the Center for the Circular Economy at Closed Loop Partners, calls this study the largest known North American field test of certified compostable packaging.
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Courtesy of John Paul Mitchell Systems
Packaging innovations: John Paul Mitchell’s revamped hair care line, Essentia’s paper mattress wrap
Plus, Labelmaster, Firstleaf and ForeFront Supply Chain Solutions introduce a safer shipping product, lighter bottles and food packaging with PCR, respectively.
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Rost-9D via Getty Images
Acquisition of DS SmithInternational Paper announces all-share agreement to acquire DS Smith, valued at $7.2B
The deal bests a preliminary purchase proposal from rival Mondi. It comes one week before a deadline to submit formal offers for acquiring the London-based paper packaging company.
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Permission granted by Clemson University
Q&ADesign and sustainability opportunities draw in next generation of packaging students
Greg Batt, who serves as director of the packaging science program at Clemson University, also highlighted the growing role of data.
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Illinois Senate approves bill targeting single-use plastic at hotels
Similar legislation requiring hotels to eliminate small plastic toiletry bottles has passed in Washington, California and New York.
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Permission granted by Myplas
Eviction threat looms as film recycler Myplas accrues $1.3M in unpaid bills
Unexpected financial challenges occurred shortly after the company launched its highly anticipated Minnesota polyethylene film recycling operation in December, according to Peter Shippen, Myplas board chair.
Updated April 15, 2024 -
Courtesy of Henkel
Henkel to engage packaging suppliers in bid to lower scope 3 emissions
The German consumer goods company behind brands like Dial soaps and Soft Scrub cleaners says about a quarter of its value chain emissions are caused by packaging and raw materials. It’s targeting decreases by 2030.
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Retrieved from Del Monte Foods on April 11, 2024
Del Monte details progress on lightweighting, PCR in 2023 ESG report
The CPG company began adding postconsumer recycled material to some containers, but it did not report its progress toward some other key packaging sustainability targets.
Updated April 11, 2024 -
Thurtell via Getty Images
EPA event spotlights reusable food ware and Perpetual’s city projects
A Wednesday event noted millions more available in pollution prevention grants, some of which could support reuse. Perpetual detailed progress toward establishing food ware reuse systems in four U.S. cities.
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Courtesy of Delta Air Lines
Aviation industry group recommends how plastic reduction can take off
Delta Air Lines and American Airlines are among the carriers testing ways to reduce single-use plastic with strategies including substrate switches and reusable cups.
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Katie Pyzyk/Packaging Dive
5 packaging innovation trends to watch in 2024: SPC
AI, digital labeling and “paperization” top the movements highlighted in the Sustainable Packaging Coalition’s inaugural Packaging Innovation Trends Report.
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Courtesy of Rockstar
Energy drinks buzz with new designs and sustainable packaging
Beverage makers such as Rockstar and Celsius are innovating to keep their current consumers and reach new ones — and packaging manufacturers are along for the ride.
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AndrisTkachenko via Getty Images
Q&AIs hemp the next revolution for sustainable packaging? Startup element6 Dynamics thinks so.
CEO Kimberly Kovacs details the company’s push to use industrial hemp for making paper and packaging, which she says is a more sustainable option than tree pulp.
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Megan Quinn/Packaging Dive
Domestic PCR-virgin resin battle faces global headwinds but finds local remedies
PCR markets are still facing competition with virgin resin and oversupply headwinds, but future recycled content policy effects and changes to contracts could help, said speakers at the Plastics Recycling Conference.
