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 Industry Roundup |
Flexible Packaging
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Flexible Packaging Assn. announces winners of the FPA 2023 Student Flexible Packaging Design Challenge; first-place winner comes from California Polytechnic State University for a pouch inspired by a classic plant pot that incorporates drainage features
Flexible Packaging Association (FPA) (07/25)
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Rigid Packaging
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Quadpack highlights its Duetto Jar, a recyclable monomaterial solution for two-in-one skincare routines; Duetto Jar is made entirely of PP, features a double-chamber design that holds two different creams separately in 40ml compartments
Quadpack Industries SA (07/25)
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Corrugated Packaging
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Market conditions suggest the corrugated industry will remain fairly static in next six months, but it is well placed for another growth period, says Logson Group sales director; company is already seeing first rumblings of seasonal packaging demand
Boxes and Packaging Ltd. (07/25)
ENKA carrying out engineering, procurement, construction activities for Eren's Shotton Paper Mill conversion project in Flintshire, North Wales; Eren to convert mill to produce containerboard, corrugated packaging and tissue paper
ENP Newswire (07/25)
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Boxes
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Packaging for Kylie Jenner’s collaboration with fashion doll brand Bratz prompts criticism from some fans on social media for appearing ‘cheap’; boxes include photo of Kylie that appears to be a selfie
Mirror, The (UK) (07/25)
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Shipping Boxes
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Retail e-commerce packaging market revenue totaled US$16B for 2021 and market is projected to expand 1.3 times the current market value by end of 2027; protective packaging, boxes estimated to remain most lucrative segment: Future Market Insights
Indian Textiles News (07/25)
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Bottles
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Bluewater to supply its hydration solutions and stainless steel refillable bottles at golf tournaments The Open and AIG Women's Open; Bluewater's water stations and bottles 'are a great way to end the need for single-use containers’ at events, says CEO
M2 PressWIRE (07/25)
Surrey-based Proper Goose adds Inkcups Helix Hi-Fi, Double Helix digital cylindrical printers, and Magicoat Pre-Treatment System to start new business, Bottled Goose, to digitally print on pre-filled bottles, branded glassware or bottles for events
Inkcups Now Corporation (07/25)
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Cans
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Zacks: Crown Holdings' Q2 adjusted EPS beat Zacks Consensus Estimate, but top line misses, caused by lower volumes across most businesses; higher beverage can volumes in Americas Beverage, favorable foreign currency translation offset some impacts
Zack's Commentary (07/25)
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Films / Sheets
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Windmoller & Holscher appoints Kasie Fairbarn to VP of sales, overseeing all sales functions for film extrusion, printing businesses, and Vladimir Utovac to VP of service, responsible for printer installations, in US, Canada
Windmöller & Hölscher (07/25)
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Retail Beverage Packaging
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Wells Fargo: Crown continues strong execution in Europe Beverage, share gains in North American beverage amid cost-cutting measures in Transit, despite tepid industry demand; volumes expected to improve in H2 from increased promo activity, easier comps
Wells Fargo & Co. (07/25)
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Health Care & Medical Packaging
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Herbalife releases second Global Sustainability Report; highlights include removing 322 metric tons of virgin plastic from its packaging, recycled 5,475 metric tons of plastic and materials from sales and DCs in over 30 global markets
Herbalife Ltd. (07/25)
Tension Packaging & Automation debuts its back-end WorkFlow Software System for pharmacies at NACDS 2023 in San Diego, Aug. 13-14; system transforms confirmed orders into prescriptions that are accurately dispensed, verified, packaged from workstations
PR Newswire (07/25)
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Protective Packaging
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Ranpak Holdings launches Geami Wrap 'n Go converter in North America, which turns die-cut kraft paper into protective 3D honeycomb structure that provides sustainable wrapping solution that replaces traditional air-bubble plastic packaging
Associated Press (07/25)
UK-based Argolin to prioritize use of 100% recyclable foam for its packaging solutions; the strategic choice reflects company's dedication to reducing its environmental footprint while providing optimal protection for customers' products during transit
MarketersMedia News Hub (07/25)
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Agricultural Packaging
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Platinum Equity to acquire Ohio-based horticultural containers manufacturer HC Companies; HC produces planters, pots, accessories for the greenhouse, nursery and retail markets, including fiber and biobased solutions produced with PCR and PIR materials
PRNewswire (07/25)
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Paper Packaging
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Commentary: Paper can’t completely replace plastic formats, as there are not enough sustainably managed forests to cope with such a demand; it’s worth remembering there is a place for all materials in the packaging mix
Packaging News (07/25)
Packaging News editor says some Environmental Packaging Awards judges were bothered by lack of detail on how material substitution improved environmental performance; carbon reduction data was vague, some 'plastic free' claims didn't account for coatings
Packaging News (07/25)
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Plastic Packaging
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Plastic packaging company ALPLA Group consolidating its recycling activities under new ALPLArecycling brand; company operates 13 recycling plants, including four JVs with regional partners, and aims to be processing at least 25% PCR material by 2025
Alpla Werke Alwin Lehner GmbH & Co. KG (07/25)
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Labels, Displays & ID Technologies
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Mark Andy’s Digital Pro Max toner-based hybrid press to make its European debut; digital press offers lower cost-to-print, incorporates toner white, is available in roll to roll, full hybrid models, prints on plastics, foils, light board, labels
Mark Andy Inc. (07/25)
Global QR code solutions provider Unitag.io partners with PiQR.io to bring security, copy-detection into mainstream QR coding used in packaging industry; two companies will deliver state-of-the-art secure QR code solutions to combat counterfeit QR codes
Unitag.io (07/25)
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Packaging & Containers
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UK’s Defra announces that EPR fees to local authorities would be pushed back to October 2025, having originally been scheduled for October 2024; Defra says other timescales have not changed, and producers still must report packaging data for 2023
Packaging News (07/25)
PFAS Restrictions In Food Packaging – Where Are We Now? Where Are We Going?
Mondaq Business Briefing (07/25)
Intertape Polymer Group issues 2022 sustainability report; highlights include expansion of Cradle to Cradle Certified product lines, achieving ‘ENERGY STAR Partner of the Year: Sustained Excellence’ award for eighth consecutive year
Globe Newswire (07/25)
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Food & Beverage
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Condiments, Dressings & Sauces
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Dollar General announces expansion of its Clover Valley private-label brand; items include sauces, condiments, entrees, sides and snacks
Business Wire (07/25)
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Confectionery & Sweet Snacks
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Skittles and French's mustard brand announce limited-time offering of new French's Mustard flavored Skittles in celebration of National Mustard Day; fun-sized packs to be given away via online sweepstakes and various in-person pop-up events
PR Newswire (07/25)
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Meat & Poultry
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CDC reports that ground beef contaminated with salmonella has sickened at least 16 people, including six hospitalized, in four US states: New York, New Jersey, Connecticut and Massachusetts
Associated Press (07/25)
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Packaged Foods
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Mexican Bimbo's profits fall 35.7% year-on-year in second quarter
CE Noticias Financieras (Latin America) (07/25)
Kellogg files Form 10 registration statement with SEC relating to its previously announced plan to separate into two businesses
Vending Times (07/25)
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Non-Alcoholic Beverages
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Jones Soda announces intention to launch the first crossover special-edition flavor release with both the Jones Soda and Mary Jones brands; the new hatch chile and lime soda will be available from both brands later this year
Jones Soda Co. (07/25)
Coca-Cola® and Riot Games Launch Coca-Cola® Ultimate Zero Sugar in United Arab Emirates
Mid-East.Info (07/25)
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Alcoholic Beverages
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Molson Coors announces that Coors Light is once again the top-selling light beer in Canada and the country's No. 2 beer overall, with beverage's volume sales growing 4.3% from last year
Molson Coors Brewing Co. (07/25)
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Personal Care
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Cosmetics
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Nails.Inc introduces Froot Loops nail polish collection that features sweet and fruity cereal scents; line offers seven shades, including two duo shades and five single shades
Happi (07/25)
Nielsen IQ finds 45% of French consumers plan to spend less on beauty products this year, as 84% of those surveyed believe beauty prices rose in last six months; hair, skin care remained priorities, with most cutbacks in color cosmetics, nail categories
CosmeticsDesign.com (US) (07/25)
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Personal Care
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Jupiter Wellness launches Cosmofix MinoxiBoost in India; MinoxiBoost is a patented breakthrough hair booster system that improves response to minoxidil, which is sold under the commercial brand name Rogaine
GlobeNewswire (07/25)
Shiseido Americas selects enterprise customer data platform Amperity to accelerate its first-party data strategy to help create connected and personalized digital experiences across all of its brands
Business Wire (07/25)
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Household Products
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Household Products
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SC Johnson purchases 24-acre site in Mount Pleasant, Wisconsin, for US$21.85M; property includes two office buildings and is located just west of the company’s main campus
The Worldwide Cleaning Industry Association (ISSA) (07/25)
Global scented candle market to have CAGR of 5.9% from 2022 to 2023, driven by stress-related lifestyle changes; consumers are seeking relaxation techniques like aromatherapy to alleviate anxiety and despair: report
PR Newswire (07/25)
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Health Care
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Prescription Drugs
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AstraZeneca Pharma India gets DGCI approval for extended use of Dapagliflozin in all types of heart failure, irrespective of ejection fraction; heart failure affects nearly 10 million people in India, 64 million people globally
Businessworld (India) (07/25)
Cedars-Sinai study finds higher levels of intra-abdominal fat can make some anti-inflammatory drugs ineffective for treating inflammatory bowel disease; patients with higher abdominal fat may require higher medication doses or alternative treatments
Cedars-Sinai (07/25)
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Health Care, Pharmaceuticals & Wellness
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Bain: Biopharma companies that have seen high productivity for last 30 years may face dampened returns over next five years due to increasingly challenging landscape; firms must adopt new practices to maintain productivity, deliver financial performance
Bain & Co. Inc. (07/25)
Alnylam Pharmaceuticals and Roche partner for global development and commercialization of Alnylam's hypertension treatment zilebesiran; deal has possible value of up to US$2.8B, with Alnylam receiving US$310.0M upfront cash payment
Marketline - Deals (07/25)
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Tobacco, Cannabis & Derivatives
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Colorado to launch legal online sales of cannabis from state dispensaries beginning on Aug. 7; however, rule prohibits doorstep delivery and instead requires in-store pickup
KDVR-TV (Denver, CO) (07/25)
FDA invites public comment on development of a strategic plan for its Center for Tobacco Products; agency seeks feedback on strategic goals
U.S. Fed News (07/25)
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Industrial
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Automotive & Driving
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India reportedly rejects bid from Chinese EV maker BYD to build US$1.0B light vehicle manufacturing facility in the country
Indian Investments Abroad (07/25)
GM announces Q3 2023 cash dividend of US$0.09 per share payable September 14
Auto Business News (07/25)
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Agribusiness & Raw Foods
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IMF estimates Russia's exit from Black Sea grain deal could raise global grain prices by 10%-15% and impact food security; EU stepping in to facilitate nearly all of Ukraine's agricultural exports via rail and road transport
Reuters (07/25)
Intrepid Announces Date of Aug. 2 for Second Quarter 2023 Earnings Release
Globe Newswire (07/25)
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Logistics, Shipping & Delivery
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CN Declares Third-Quarter 2023 Dividend
Canadian National Railway Co. (CN) (07/25)
Why Become a Werner Alliance Carrier
Werner Enterprises Inc. (07/25)
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Stock
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Latest: Jul, 25 2023
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Latest Value |
Prev |
Chg |
YOY Chg |
| Watchlist |
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Amcor Plc (AMCR)
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10.18
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10.11
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0.69%
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-20.09%
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Aptar (ATR)
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120.56
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119.73
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0.69%
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16.01%
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Ardagh Group SA (ARD)
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24.75
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24.75
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0.00%
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0.00%
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Ball (BALL)
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59.21
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57.95
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2.17%
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-15.24%
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Berry Global (BERY)
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67.02
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67.24
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-0.33%
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18.47%
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Crown Holdings (CCK)
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96.11
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90.52
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6.18%
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0.48%
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DS Smith PLC (SMDS) :LON
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293.30
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295.30
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-0.68%
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8.63%
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Gerresheimer AG (GXI) :ETR
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108.30
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106.70
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1.50%
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79.30%
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Huhtamaki Oyj (HUH1V) :HEL
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31.79
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32.09
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-0.93%
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-11.89%
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International Paper (IP)
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33.93
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32.37
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4.82%
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-21.93%
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Owens Illinois (OI)
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23.36
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22.94
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1.83%
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73.04%
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PCA (PKG)
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152.65
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138.67
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10.08%
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6.07%
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Pactiv Evergreen Inc. (PTVE)
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8.59
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8.45
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1.66%
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-12.08%
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Sealed Air (SEE)
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46.73
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46.05
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1.48%
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-20.78%
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Silgan (SLGN)
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48.84
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48.07
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1.60%
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18.11%
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Smurfit Kappa Group Public Ltd Co-O (SKG):LON
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2,958.00
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2,948.00
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0.34%
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8.00%
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Sonoco (SON)
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59.10
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58.23
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1.49%
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-4.71%
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Transcontinental Inc. (TCL.A.CA)
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13.22
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13.10
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0.92%
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-18.50%
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WestRock Co. (WRK)
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32.06
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30.76
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4.23%
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-23.04%
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