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Tag : packaging

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U.S. Paper Industry Reaches Record for Containerboard Production in 2021

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The preliminary data indicates total containerboard production in 2021 increased 5.6 percent compared to 2020, the ninth increase in the past 10 years. January 18, 2022 The American Forest & Paper Association (AF&PA) has released preliminary 2021 data from U.S. paper and paperboard mills indicating record containerboard production, the material......
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Promateris to Foray into Paper Packaging Segment

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The Romanian packaging company seeks to keep on investing in biomaterials which will cement its position as a key player in the Central and Eastern Europe (CEE) region and increase its production capacity for bio-based and compostable packaging. January 07, 2022 Romania-based packaging producer Promateris is all set to enter......
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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......
HEADLINE Industry Watch

Pulp Moulded Product: An Environmentally Sustainable Solution that’s here to Stay

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Packaging came as an answer to our changing lifestyle needs where quick-fix solutions were required to meet the pace and convenience of the large urban population. Solutions offered by various polymers were fast adopted across industries and we became totally dependent on these solutions for the convenience they offered before......
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A S Mehta, Pawan Agarwal Elected as IPMA Office Bearers

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At the AGM, IPMA Awards for 2019-20 were announced wherein Seshasayee Paper and Boards won the award of IPMA Paper Mill of the Year, IPMA Award for Energy Conservation has been won by ITC Ltd. (PSPD), and IPMA Environment Award has been conferred on Tamil Nadu Newsprint & Papers Ltd.......
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Billerudkorsnäs to Acquire Verso Corporation for USD 825 Million

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BillerudKorsnäs is aiming to convert Verso’s Escanaba Paper Mill into a world-class, sustainable, and fully integrated paperboard production site where one machine is estimated to be converted by 2025 and another by 2029. The total investment for the conversion project will be about USD 1 billion. December 21, 2021 Verso......
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Premier Packaging Launches 100 percent Easily Recyclable Paper Packaging

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The innovation enables the processing of heat-sealable paper bags and it can be incorporated in standard packaging equipment, loading and sealing, and vertical forming machinery. December 21, 2021 Scotland-based Premier Packaging has introduced – PaperLock™, an alternative to polyethylene (PE) packaging. This product, approved by the U.S. Food and Drug......
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CMPC will acquire Brazil’s Iguaçu Celulose Papel

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As a part of CMPC’s strategy to cement its position in the sustainable packaging market, the acquisition of Iguaçu has been signed for Brazilian Real 45.7 million (~USD 166.02 million. Brazil-based Iguaçu is in the business of manufacturing paper, paper and cellulose bags. December 18, 2021 Chile-headquartered pulp and paper......
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Stora Enso launches Bio-Based Packaging Foam

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Papira, a fiber-based monomaterial, is designed to be biodegradable and compostable and Fibrease can be recycled in any paper or board stream. With the bio-based foams, the Finnish paper and packaging company is introducing “renewable and climate-friendly alternatives” in the protective packaging segment. December 9, 2021 Stora Enso is expanding......
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CHUK Introduces Bagasse-based Packaging for Food Delivery

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With an aim to sell 8-10 million units per month, CHUK envisions revenue growth to the tune of 60 percent month-on-month with 50 percent overall revenue growth from delivery and dine-in domains. In the upcoming financial year, CHUK intends to unlock a 3-4-fold increase in revenues. December 9, 2021 India’s......