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Packaging Industry

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May 10, 2024

Industry Roundup

Flexible Packaging

Mespack launches new MLC Series, a vertical form-fill-seal machine for large-format sachet manufacturing with a very small footprint; MLC Series can reach up to 2,400 envelopes per minute
Mespack SL (05/09)

UK-based Eco Flexibles shortlisted for ‘Application excellence – primary packaging' category in Digital Labels & Packaging Awards 2024 for its work with dried fruit and nut snack brand Whitworths; Eco Flexibles also shortlisted for 'Best new company'
Ecoflexibles Ltd. (Eco Flexibles) (05/09)

Rigid Packaging

India-based carton manufacturer HBD Packaging diversifies into rigid boxes after recently investing in a fully automatic, twin line rigid box-making machine from Hongming; managing director notes HBD had outsourced its requirements prior to installation
Print Week (India) (05/09)

Corrugated Packaging

AI-powered machine at Residential Recycling Center increases efficiency by sorting recyclable items by shape and color; public urged to understand and follow proper metal recycling guidelines
Estes Park Trail-Gazette (CO) (05/09)

Boxes

Materials and packaging firm Ozpack is said to be Australia’s top supplier; company offers mailing boxes, paperboard boxes, vacuum sealer bags, padded mailers and packing tape, uses sustainable materials in many of its packaging products
MarketersMedia News Hub (05/09)

Bottles

US Consumer Product Safety Commission warns consumers to stop using Mega-Tac Permanent Adhesive because bottles do not comply with child-resistant packaging requirements under the Poison Prevention Packaging Act; product imported by Genesis of Puerto Rico
PR Newswire (05/09)

Beauty retailer Watsons expands its Naturals by Watsons' Blue Beauty range into Malaysia, Singapore and the Philippines; range is formulated with over 94% natural origin ingredients, comes in bottles made of 100% recycled ocean-bound plastic
CosmeticsDesign.com (US) (05/09)

Cans

B&G Foods is 'evaluating a possible divestiture' of some or all of its brands in the frozen and canned vegetable space; sale could come in one transaction or a series of deals
Food Dive (05/09)

Retail Food Packaging

Aldi rolling out new recyclable wrap packaging on two of its own-label butter lines, Specially Selected West Country and Yorkshire; the supermarket will replace current non-recyclable packaging with a paper-based alternative that can be recycled at home
Aldi Stores (05/09)

New York Assembly lawmakers are advancing legislation aimed at cutting down on plastic packaging; opponents discuss impact of sliced cheese and the bill’s broader issue of having far-reaching implications that would affect all New Yorkers
Times Union (Albany, NY) (05/09)

Retail Beverage Packaging

Ready-to-drink alcoholic beverages brand BeatBox introduces limited-edition Red, White and Blue Variety Pack for 2024 summer season; Blue Razzberry, Fruit Punch and new Cherry Limeade flavors will be included in the patriotic packaging
EINPresswire.com (05/09)

Laird Superfood announces launch of new Laird Superfood’s Protein Creamer, available in a Sweet & Creamy flavor and will be available in 8 oz. bags both online at the brand’s website and later on Amazon
FoodNavigator.com (05/09)

Foodservice Packaging

Multiple paper mills announce they will now accept single-use polyethylene (PE)-coated paper cups in bales of mixed paper or polycoat cartons and aseptic packaging, bringing total number of North American mills accepting paper cups to more than 40
Contify Investment News (05/09)

Beauty Products Packaging

Neopac announces new cosmetics tube line at its plant in Wilson, North Carolina, with production slated to begin in August; line will produce an additional 70 million tubes/year, feature full tube body colorations, seven-color offset printing capabilities
Hoffmann Neopac AG (05/09)

Neopac launches Polyfoil Sensation, a recycling-ready barrier tube for cosmetics; the PP solution is available with several applicator options including roll-on, lip-head or airless pump, is offered in a soft touch or high gloss metallic finish
Hoffmann Neopac AG (05/09)

Personal Care Packaging

Viktor & Rolf launches limited-edition Flowerbomb & Spicebomb fragrance in packaging by Puerto Rican illustrator Angel Marrero; the packaging encapsulates the spirit of Flowerbomb via Marrero’s interpretation of abstract flowers, movement, extravagance
CE Noticias Financieras (Latin America) (05/09)

Household Packaging

Grove Collaborative’s rebrand of flagship owned brand Grove Co. earns second place in Dieline Awards 2024 Sustainable Packaging category; rebrand emphasized Grove Co.'s ‘Go Beyond Plastic’ message and its material selection of recyclable aluminum
Business Wire (05/09)

Healthcare Packaging / Medical Packaging

TotalEnergies Corbion's Luminy PLA features in new eco-friendly, biobased vials and medical devices by Innovative Bottles; Luminy PLA products are reusable, industrially compostable and recyclable, offering a sustainable option to healthcare industry
Contify Life Science News (05/09)

Agricultural Packaging

Australian supermarket chain Coles introduces a recyclable paper packaging solution for its mandarin oranges, replacing the traditionally used plastic net bags; transition to the new packaging is set to prevent the usage of 11,700kg of plastic annually
MarketLine (05/09)

Temperature Controlled Packaging

Candor Expedite launches Candor Food Chain division, which combines Candor's national shipping services with a fully reusable cold packaging solution that keeps shipments frozen, refrigerated up to nine days; solution comes via partnership with Cool Chain
Globe Newswire (05/09)

Reusable Transport Packaging

Reusable plastic packaging solutions maker Schoeller Allibert will attend International Beer Strategies Conference in Portugal to discuss how the beer industry can commit to environmentally conscious beer crate solutions without compromising on durability
Schoeller Allibert Ltd. (05/09)

Paper Packaging

Itaú BBA: Suzano's proposed deal with IP could be strategically positive, reducing Suzano's exposure to Chinese economy and diversifying to include more paper/packaging; risks include excessive payment, limitations in synergies as assets wouldn't overlap
Investing.com (05/09)

Glass Packaging

Ardagh Glass Packaging–Africa announces installation of an electrostatic precipitator at its Wadeville production facility; device removes dust and smoke before they are released into the atmosphere, allowing Ardagh to comply with emissions standards
Ardagh Group SA (05/09)

Graphic Design / Graphic Printing

SNAX-Sational Brands’ popcorn brand introduces special edition patriotic themed packaging; red, white and blue packaging will be available through summer for CANDY POP M&M’S Minis and CANDY POP SNICKERS flavors, and phase out following Labor Day
EIN Presswire (05/09)

Labels, Displays & ID Technologies

MedTech Breakthrough recognizes Zebra Technologies for Best Overall Mobile Health Hardware Solution in 8th Annual MedTech Breakthrough Awards program for its HC20 and HC50 rugged mobile computer series
Zebra Technologies Corp. (05/09)

Packaging & Containers

Karat Packaging Reports 2024 First Quarter Financial Results
Globe Newswire (05/09)

Pregis Purpose Awards recognize partner organizations’ efforts in driving environmental stewardship, community improvement and sustainable advancement; awards honor customers that offer Pregis’ Inspire, Easypack and Renew products
Pregis Corp. (05/09)

Sheffield Hallam University opens enrollment for its Higher Degree Apprenticeship Packaging Professional BSc undergraduate course; employers can utilize Apprenticeship levies to fund the course, making it a cost-effective investment in talent development
MarketLine (05/09)

 Food & Beverage

Confectionery & Sweet Snacks

Lancaster Colony stops production of its Flatout and Angelic Bakehouse bakery brands and closes the facilities in Michigan and Wisconsin where the products were made
MarketLine (05/09)

Mars Wrigley to highlight its treats and snacks portfolio, discuss shopper insights to help customers win at checkout, and sample the newest innovations from its well-known brands at 2024 Sweets & Snacks Expo May 14-16 in Indianapolis
PR Newswire (05/09)

Cereal Products

Nestlé Cereals Ireland becomes official Breakfast Partner of the 2024 Irish Paralympic Team
Nestle SA (05/09)

Global Breakfast Cereals Market to Reach US$ 84.44 Billion by 2030 Amid Rising Demand for Convenient and Nutritious Options - ResearchAndMarkets.com
Business Wire (05/09)

Coffee

Analysis: EU and UK's legislation for curbing deforestation requires companies to track at farm level, provide proof of no links to illegal deforestation; new rules impact cattle, soy, palm oil, cocoa and coffee, with fines up to 4% of annual EU turnover
Grocer (UK) (05/09)

Nestle plans to invest US$196.5M in Brazil by 2026 to expand production capacity and out-of-home sales of its Nescafe lines, targeting younger consumers
Reuters (05/09)

Packaged Foods

Nestle SA Spearheads Industry Innovation with Plant-Based Alternatives, At-Home Coffee Solutions, and Environmental Initiatives
Industry Intelligence Inc. (05/09)

JPMorgan: With global cocoa shortage sending chocolate prices skyward, food companies are coming up with longer-term solutions; some developing recipes that require less cocoa, and startups are pioneering 'cocoa-free' chocolate using lab-grown ingredients
Food Dive (05/09)

Non-Alcoholic Beverages

Coca-Cola Hellenic Bottling Co. SA Champions Diversity and Youth Empowerment as Strategic Pillars for Industry Innovation and Growth
Industry Intelligence Inc. (05/09)

Coca-Cola Europacific Partners Bolsters Industry Position with Grinders Coffee Immersion Program and ProAge.org Partnership for Workplace Inclusion
Industry Intelligence Inc. (05/09)

Alcoholic Beverages

Diageo's leaders and internal stakeholders are essential partners in driving success of its social programs, with company investing in training its leadership and teams on what's most material to its business, says VP of Society for Diageo North America
Industry Intelligence Inc. (05/09)

Analysts on Campari's Q1 results: Stifel says company set to continue outgrowing industry peers, driven by its growth engines, aperitifs and Tequila; AllianceBernstein says Campari delivers soft set of results, but underlying trends remain strong
just-drinks (05/09)

 Personal Care

Cosmetics

US prestige beauty industry sales revenue grew 9% annually in Q1, while mass market beauty sales grew 2%; makeup was the softest-performing category in both prestige and mass markets but remains the largest prestige beauty category: Circana
Circana Group (05/09)

CosmeticsDesign’s key takeaways from NYSCC Suppliers’ Day 2024 include evolving consumer preferences in product formats, increased market agility as the new currency for success, and reinvigorated interest in fermented ingredients
CosmeticsDesign.com (US) (05/09)

Personal Care

BeautyHealth Reports First Quarter 2024 Financial Results
Business Wire (05/09)

Commentary: Neutrogena's relocation to join parent firm Kenvue in New Jersey is among latest of moves uprooting brands from Los Angeles; however, abundance of smaller remaining beauty brands may offer opportunities for ex-employees who stay in California
Los Angeles Business Journal (05/09)

 Pet Care

Pet Food

Mars Petcare’s BETTER CITIES FOR PETS™ Program to Award $100,000 in Grants to Help Cities Keep People and Pets Together
EIN Presswire (05/09)

 Household Products

Laundry-Care Products

Arm & Hammer partners with sports broadcaster, entrepreneur Erin Andrews to promote its new, most powerful formulas yet--Deep Clean liquid detergent and Power Paks; the concentrated detergents penetrate set-in stains and odors using ionic micro-scrubbers
Associated Press (05/09)

Household Products

Central Garden & Pet's garden brand Pennington celebrates overlooked 'plant moms' for Mother’s Day in new audio spot
Central Garden & Pet Co. (05/09)

Unilever PLC Champions Global Plastics Treaty and Demonstrates Social Responsibility Amid Brazil's Humanitarian Crisis
Industry Intelligence Inc. (05/09)

 Health Care

Over-the-Counter (OTC) Drugs

Pfizer reportedly agrees to settle over 10,000 Zantac-related cases reports Bloomberg; lawsuits allege Pfizer did not disclose the cancer risks of the heartburn medication
Punch, The (Nigeria) (05/09)

Prescription Drugs

GoodRx reports first quarter 2024 results
GoodRx Inc. (05/09)

Vitamins / Supplements

DSM-Firmenich and Indena to introduce dietary supplement solutions combining botanicals with biotics at Vitafoods Europe 2024; new concepts combine biotics, essential nutrients and active botanical extracts to support a range of health areas
Contify Life Science News (05/09)

Health Care, Pharmaceuticals & Wellness

AstraZeneca AB Advances Hematology Education, Champions Asthma Care in Scotland, and Spearheads Chronic Disease Management in Malaysia and India
Industry Intelligence Inc. (05/09)

Tandem Diabetes Care recalls iPhone app over software bug that potentially leads to rapid battery drain in insulin pump; no products to be returned while users are urged to update to latest app version
FierceBiotech (05/09)

Tobacco, Cannabis & Derivatives

British American Tobacco PLC Champions Social Responsibility and Innovation with Women's Empowerment in Vietnam and a New Smokeless Product Innovation Centre in Trieste
Industry Intelligence Inc. (05/09)

 Industrial

Automotive & Driving

Honda Opens New R&D Facility in Bengaluru to Accelerate Electrification in India
Honda Motor Co. Ltd. (05/09)

US Justice Dept. reportedly investigating whether Tesla committed possible securities and wire fraud regarding communications about its self-driving features reports Reuters; Justice Dept. has declined to comment
Autoblog (05/09)

Agribusiness & Raw Foods

Louis Dreyfus Holding BV Illuminates Food Diversity and Supply Chain Transparency in Industry-Relevant Social Media Posts
Industry Intelligence Inc. (05/09)

Commentary: Mexico's restrictions on genetically engineered corn offer expanded market opportunities for 'premium' non-GE corn, despite US claims that these policies harm trade; report estimates US$40B non-GMO market in US
Inside U.S. Trade's Daily Report (05/09)

Logistics, Shipping & Delivery

Kuehne+Nagel, LATAM Group and Elite Group renew their joint commitment to purchase SAF for Mother's Day
Kuehne + Nagel International AG (05/09)

DSV Panalpina AS Champions Life-Saving Healthcare Logistics and Tailored Warehousing Solutions, Bolstering Industry Efficiency and Security
Industry Intelligence Inc. (05/09)

 Packaging Suppliers

Tetra Pak International SA

Tetra Pak International SA Spearheads Sustainable Innovation with 'Proyecto Cow Water' and Advances in Food Packaging Technology
Industry Intelligence Inc. (05/09)

 Stock

Latest: May, 09 2024

Latest Value Prev Chg YOY Chg
Watchlist
Amcor PLC (AMCR) 10.32 10.22 0.98% 0.10%
Aptar (ATR) 149.08 150.79 -1.13% 23.64%
Ardagh Group SA (ARD) 24.75 24.75 0.00% 0.00%
Ball (BALL) 69.61 69.89 -0.40% 22.06%
Berry Global (BERY) 59.77 61.26 -2.43% 0.61%
Crown Holdings (CCK) 83.78 84.03 -0.30% 0.44%
DS Smith PLC (SMDS) :LON 362.00 358.00 1.12% 14.48%
Gerresheimer AG (GXI) :ETR 103.40 103.30 0.10% 4.13%
Huhtamaki Oyj (HUH1V) :HEL 36.78 37.00 -0.59% 9.01%
International Paper (IP) 39.84 39.28 1.43% 24.03%
Owens Illinois (OI) 13.45 13.40 0.37% -36.94%
PCA (PKG) 180.38 178.54 1.03% 35.27%
Pactiv Evergreen Inc. (PTVE) 13.46 12.93 4.10% 79.71%
Sealed Air (SEE) 37.48 37.00 1.30% -12.10%
Silgan (SLGN) 46.81 46.46 0.75% -0.62%
Smurfit Kappa Group Public Ltd Co-O (SKG):LON 3,764.00 3,746.00 0.48% 27.94%
Sonoco (SON) 58.85 58.73 0.20% 0.09%
Transcontinental Inc. (TCL.A.CA) 13.77 13.85 -0.58% -6.13%
WestRock Co. (WRK) 51.70 51.81 -0.21% 86.78%
SAMPLE REPORT