20 Dec. 2024: Tetra Pak has received the ‘Resource Efficiency’ Award at the Sustainable Packaging News Awards 2024, for its paper-based barrier material innovation. The awards recognise the most innovative advancements in sustainable packaging over the past year.
Read more: Tetra Pak wins Resource Efficiency award at the Sustainable Packaging News awards 2024
3 Jan 2205: In a bid to secure approval for its £5.8 billion deal of DS Smith Plc (LON:SMDS), International Paper Co (NYSE:IP) has offered concessions to the European Commission to address potential competition concerns.
Read more: International Paper offers concessions to EU for its £5.8B bid to buy DS Smith
3 Jan 2025: The Department for Environment, Food & Rural Affairs (Defra) in the UK has released a new methodology to assess and rate the recyclability of packaging materials.
Read more: UK’s Defra launches methodology to rate recyclability of packaging materials
12 Dec. 2024: The Voith Group showed a solid performance in the 2023/24 fiscal year (October 1, 2023, to September 30, 2024) in a challenging market environment with weak economic activity and ongoing geopolitical uncertainty. Both in terms of operating business and financially, Voith remains in robust condition. The Company achieved its sales targets in all three Group Divisions in the reporting period and managed to slightly increase the volume of orders received. Nevertheless, the operating result (EBIT) was lower than in the previous year. In addition, the net result was negatively affected by non-recurring effects. The broad sectoral and geographical diversification and the established market position in all three Group Divisions paid off.
Read more: Voith feels the impact of the challenging environment, but showed a solid performance
16 Dec. 2024: The Council formally adopted a regulation on packaging and packaging waste. The new rules will significantly reduce the generation of packaging waste by setting binding re-use targets, restricting certain types of single-use packaging and requiring economic operators to minimise the packaging used. The regulation covers the full life cycle of packaging.
10 Dec 2024: Pelta Medical Papers Limited, a Cumbria-based manufacturer and distributor of sterile barrier paper for the medical sector, fell into administration last week, with Mark Blackman and Benjamin Wiles of Kroll Advisory appointed as joint administrators.