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Billerud Reaches Agreement to Divest Managed Packaging to Mimir Group

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Billerud has agreed to divest Managed Packaging, offering packaging solutions to global brand owners, to investment company Mimir Group. The transaction is planned to be completed in August 2023 and is expected to result in a positive result effect for Billerud of approx. USD 1.89 million.  Jul 13, 2023 Billerud......
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Mondi and Fiorini International Team Up to Develop Fully Recyclable Paper Packaging

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Mondi and Fiorini International have collaborated to develop the paper-based packaging solution for Antico Pastificio Umbro, an Italian manufacturer of premium pasta products. The new packaging is completely recyclable and will eliminate up to 20 tonnes of plastic every year. August 3, 2022 Mondi, in partnership with Fiorini International, a......
Interviews

Moglix: Helping Companies Gain Visibility with Aesthetically Crafted Packaging Solutions

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“Moglix Solutions has been able to transform MRO procurement and packaging for global enterprises using a state-of-the-art unified procurement platform. At present, we are working with over 600 large-scale enterprises.” Moglix is one of Asia’s largest and fastest-growing B2B commerce companies. It enables manufacturing and infrastructure companies to transform their end-to-end......
Interviews

Manipal Technologies: Always On the Quest for Innovations to Provide Added Value

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“Our single point focus is to become an industry leader in the packaging segment, providing innovative solutions to our clients. Being a part of a large group, we have the advantage to leverage our expertise in conventional print technology” Since its inception in 1941, Manipal Technologies Limited (MTL) has undergone......
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Stora Enso Expands its Formed Fiber Production Capacity in Europe

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Post-investment, the annual formed fiber capacity of the Hylte site in Sweden will be around 115 million units, making Stora Enso one of the leading suppliers of formed fiber in Europe. February 22, 2022 Stora Enso will invest EUR 8 million (~USD 9.07 million) to double its production capacity of......
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WestRock plans to develop a new Corrugated Box Production Facility in Washington

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The upcoming state-of-the-art manufacturing facility will serve all industry segments in the Pacific Northwest market. The new corrugated plant of WestRock will be co-positioned with the Longview paper mill. February 18, 2022 US-based paper packaging company WestRock will build a new corrugated box plant in Longview, Washington. The sustainable packaging......
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Yash Compostables, part of Yash Pakka group appoints Satish Chamyvelumani as the CEO

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With over two decades of comprehensive experience, Satish will play a pivotal role in driving business growth globally as Yash Pakka expands its production facilities across the international compostable food serviceware market. February 18, 2022 Yash Compostables, part of Yash Pakka group, a pioneer in the sustainable serviceware space, has......
News updates

Amcor Launches New Platform for Recyclable Paper Based Packaging

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This new platform is in line with Amcor’s 2025 pledge to develop all of its packaging to be recyclable or reusable and to increase the use of recycled content by 2025. January 27, 2022 Amcor, a global leader in developing and producing responsible packaging solutions, has launched a new platform......
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Bambrew, a Green Tech Sustainable Packaging Startup, Bags USD 2.35 mn in Pre-Series A Round

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The company plans to strengthen the team, expand to multiple cities, magnify the supply capacity and enhance R&D on new materials. January 6, 2022 Bambrew, India’s largest one-stop innovative solution provider of sustainable packaging as an alternate to single-use plastic, has raised pre-Series-A funding of USD 2.35 Million led by......
Special Feature

Riyo Parapack: Corrugated Packaging on the Cusp of Strong and Steady Growth

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The Indian corrugated market at the moment is stable and poised for a very strong growth in the next several years, particularly, with the rise in food packaging and e-commerce packaging. Riyo Parapack Pvt. Ltd. is a Mumbai-based packaging company offering a wide range of corrugated packaging solutions under a......