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 Industry Roundup |
Rigid Packaging
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Novvia Group acquires the packaging distribution division JF Shelton from Ravago Chemicals for undisclosed terms; JF Shelton Packaging Distribution is a Washington-based distributor of bottles, drums, IBCs and other rigid packaging solutions
Business Wire (01/04)
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Corrugated Packaging
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GP's Dubuque, Iowa, corrugated facility closes, laying off 85 employees who have worked since closure was announced in November to finish out end-of-year orders; GP said plant was no longer economically viable
Telegraph-Herald (01/04)
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Cans
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Canpack produces limited-edition cans for Club Colombia beer by ABInBev’s Bavaria Brewery; the cans pay tribute to Colombian culture, have branding inspired by the work of artist and activist Abel Rodríguez with depictions of Amazonian flora and fauna
Can-Pack S.A. (CANPACK) (01/04)
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Films/Sheets
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JBM Packaging launches EcoView, a plastic-free windowed paper package line that serves as an alternative to poly film packages made from non-renewable resources; EcoView features Fiberfilm, a clear biodegradable film made from wood and cotton-seed fibers
Business Wire (01/04)
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Retail Food Packaging
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Venus Wafers unveils modern new packaging, brand refresh for CaPeachio’s Crackers; refresh includes new photography of the crackers with new toppings, a more vibrant color palette coupled with subtle patterns to highlight the range of flavors
Perishable News (01/04)
Indian Institute of Packaging Mumbai director says a regional center needs to be set up in Jammu & Kashmir so that customized packaging is developed for local GI-tagged and niche products; director's comments made with special reference to apple, saffron
KNN (Knowledge & News Network) (01/04)
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Retail Beverage Packaging
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UK retailer One Stop is swapping the green bottle tops on its semi-skimmed standard milk, supplied by Muller, with clear recyclable lids; move means an extra 16.5 tonnes of plastic packaging can now be more easily recycled each year
Grocer (01/04)
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Foodservice Packaging
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Singapore-based biodegradable food container manufacturer Alterpacks raises US$1M in pre-seed funding round; the fund will ramp up AlterPacks’s food container production and supply across key markets in Asia, Australia and Europe
Marketline - Deals (01/04)
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Beauty Products Packaging
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Carolina Herrera releases Good Girl Blush, a new perfume with notes of bergamot, peony and vanilla; fragrance comes in brand's signature stiletto bottle, is available in 30, 50 and 80 ml eau de parfum
Now Smell This (01/04)
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Paper Packaging
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Sustainability Spotlight: DS Smith targets closed-loop certification for all paperboard packaging, investigates new closed-loop business models to boost recycling rates; group launched Recyclability Forum in 2022, trained all designers in circular metrics
Industry Intelligence Inc. (01/04)
IP announces slate of changes to executive team, including Tom Hamic as SVP North American Container, Jay Royalty as SVP Containerboard and Recycling, and Clay Ellis as SVP Global Cellulose Fibers; Aimee Gregg, Allison Magness elected to leadership team
PR Newswire (01/04)
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Plastic Packaging
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Canada Plastics Pact welcomes three new Partners to advance its plan for a circular economy for plastic packaging; Axipolymer joins as Signatory Partner, Toronto Metropolitan University and Alberta Plastics Recycling Assn. join as Implementation Partners
GlobeNewswire (01/04)
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Glass Packaging
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Peanut butter brand ManiLife swaps out plastic packs for glass jars made of 60% recycled glass; the move had been driven by consumer demand and the desire to build ‘a reusable packaging loop’
Grocer (01/04)
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Graphic Design/Graphic Printing
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Color-Logic announces that its entire suite of products is fully compatible with Adobe Creative Cloud 2023; Color-Logic Design Suite for PhotoShop, Illustrator, InDesign has been released, optional upgrade expands color palette to full 924 metallic colors
WhatTheyThink (01/04)
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Labels, Displays & ID Technologies
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Southeast Asian printing products distributor Press Systems Group to demonstrate curing performance of LED-UV inks using both lab units and Rhyguan finishing machine; demonstrations will showcase GEW's latest air-cooled Aeroled LED-UV curing system
WhatTheyThink (01/04)
VerifyMe Nigeria receives ISO 9001:2015 certification for managing system quality, ISO/IEC 27001:2013 for information security management; certifications are for cybersecurity, safe management of sensitive data like biometrics
ICT Monitor Worldwide (01/04)
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Packaging & Containers
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Belkin to introduce plastic-free packaging for several of its most popular wireless chargers, power banks, wall chargers and car chargers; the transition will be rolled out beginning 2023
Belkin (01/04)
Lenovo’s Service Supply Chain wins 2022 Muse Silver Award for its propriety AI-driven system to increase efficiency, sustainability in packaging; system has reduced packaging materials by over 35% and related carbon emissions by 50,000 kg annually
Contify Retail News (01/04)
Crownhill Packaging debuts an expanded fleet of branded delivery vehicles; the trucks bring extra versatility to company’s stock-and-ship capabilities and Just-in-Time Program, streamline route efficiencies and delivery footprints
EINPresswire.com (01/04)
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Food & Beverage
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Confectionery & Sweet Snacks
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GlobalData: Skimpflation, or choosing cheaper products over quality, to continue influencing food purchasing habits in 2023; categories most vulnerable to trading down are chocolate, confectionery and pet products, but beverage seen among most resilient
MarketLine (01/04)
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Baked Goods
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US government actions, supply chain hurdles, workforce issues, consumer perceptions and regenerative agriculture among the topics that will impact the US baking industry in 2023, according to the American Bakers Assn.
Food Business News (01/04)
Spanish government announces commitment to cut taxes on essential food items such as eggs, bread, cheese, fruit and vegetables as part of a US$10.5B inflation package
just-food.com (01/04)
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Milk/Milk Alternatives
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Arla Foods UK announces expansion of its B.O.B. fat-free milk brand with launch of a new semi-skimmed variant that company says 'tastes like whole milk' but with half the fat; beverage available exclusively at Asda stores
The Grocer (01/04)
Danone North America's International Delight brand announces limited-edition launch of new Friends Manhattan Hazelnut Mocha creamer, made in partnership with Warner Bros. and inspired by the long-running sitcom 'Friends'
Danone North America (DanoneWave) (01/04)
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Meat & Poultry
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Commentary: Retail beef prices are lower than a year ago, but remain historically higher amid inflationary challenges, projected 3% reduction in overall US cow herd, says Texas A&M livestock economist; tighter beef production expected into at least 2025
The Eagle (01/04)
Executive Perspective: PepsiCo's Frito-Lay division looking to expand dominance in snacking by bringing brands into new categories such as pretzels, crackers, beef jerky starting later this year, says chief growth officer for PepsiCo Foods North America
Food Dive (01/04)
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Coffee
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Annual coffee production in Colombia totals 11.1 million 60-kg bags in 2022, down from 12.6 million bags in 2021, hindered by result of excess rainfall due to the prolonged La Nina phenomenon in the last two-and-a-half years, data shows
CE Noticias Financieras (01/04)
Indian food and beverage platform Culinary Brands to buy rights to license the Lavazza brand in India; CB will also take a 'significant majority stake' in Lavazza's Fresh & Honest coffee brand as part of the terms of the deal
MarketLine (01/04)
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Packaged Foods
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Rabobank expects alternative meat/seafood markets to face headwinds going into 2023; plant-based segment stalled in 2022 but is here to stay, as data show some companies are stepping in, eyeing consolidation and launching new lines to target flexitarians
Al Bawaba Business (01/04)
GlobalData expects South Korean meat substitute market to grow at 6.2% CAGR through 2026 to US$25.9M, driven by rising health, ethical, environmental, financial concerns among consumers; product launches customized for local palates also catalyzing demand
GlobalData Plc (01/04)
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Non-Alcoholic Beverages
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Foreign providers that aided the US when the country faced an infant-formula shortage last year reportedly are likely to face import tariffs again now that local supplies are getting back up to speed
just-food.com (01/04)
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Alcoholic Beverages
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Molson Coors Beverage sells three ready-to-drink brands--Hooch, Hooper's and Reef--to UK-headquartered drinks business Global Brands; financial terms not disclosed
MarketLine (01/04)
Boisson--the largest non-alcoholic beverage retailer in the US--announces that its beverages are now available at e-commerce shop Drizly's on-demand delivery service in the Los Angeles, San Francisco and New York City markets
PR Newswire (01/04)
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Personal Care
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Cosmetics
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Perfect Corp., The Good Glamm Group partner to launch virtual try-on and AI Skin Analysis experiences for D2C beauty and skin-care brands across India; partnership features virtual makeup shopping with AR, skin analysis with product recommendations
Business Wire (01/04)
KISS USA will invest US$121M in new facility in Bryan County, Georgia, creating over 395 new jobs; company expects to start business in Savannah around March 2024
Georgia Department of Economic Development (01/04)
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Soaps, Bath & Shower Products
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Panasonic teams with British brand Molton Brown to offer MultiShape Ultimate Special Edition Kit; range includes Panasonic MultiShape and three travel-sized Molton Brown bath and shower gels--Re-charge Black Pepper, Infusing Eucalyptus, Neon Amber
PR Newswire (01/04)
Innersense Organic Beauty launches fragrance-free Clarity Hairbath and Conditioner, designed for all hair types and sensitivities to essential oils, gluten, soy, nuts; shampoo features comfrey leaf and Japanese swertia, conditioner has colloidal oatmeal
News Direct (01/04)
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Personal Care
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NielsenIQ’s beauty division predicts 2023 beauty trends will be return of in-store retail, increased focus on taboo topics like aging and acne, at-home salon treatments, use of ingredients associated with skin care in hair and body care, color cosmetics
CosmeticsDesign.com (01/04)
Colgate-Palmolive promotes David Foster to CIO from VP of global application development; Foster succeeds former CIO Mike Crowe, who retired after 34 years with the company
CIO Dive (01/04)
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Household Products
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Cleaners
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MicroCare, manufacturer of cleaning, lubricating and disinfecting products, opens new warehouse and distribution center in Leeds, UK; facility will provide access to thousands of SKUs, product staging and packing, also serve as MicroCare UK headquarters
Nonwovens Industry (01/04)
National Independent Sanitary Supply Companies adds Novalent as new preferred supplier to its distributor-member organization; Novalent's complete portfolio of cleaning chemicals and solutions will be made available to NISSCO-member distributors
States News Service (01/04)
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Household Products
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Tineco debuts home innovations at CES 2023, Jan. 5-8; highlights include Floor One S7 Pro with SmoothPower self-propulsion system, Floor One S7 Steam cordless floor washer and Pure One Air Pet, Chiere One cooker, Moda One 2.0 hair dryer with smart sensors
PR Newswire (01/04)
American Cleaning Institute announces promotions of four staff members; Korie Traver promoted to COO, Wanda Stokes to VP, Human Resources & Operations, Elizabeth Sullivan to Manager, Public Affairs, and Eric Perkins to Manager, Facilities and Operations
American Cleaning Institute (01/04)
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Health Care
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Prescription Drugs
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Walgreens plans to become first major pharmacy certified to carry abortion pill mifepristone following FDA authorization; Walmart, CVS, other rivals have yet to announce that they will offer the pill amid administrative hurdles, threats of backlash
Business Insider (01/04)
Drug prices increased by an average of 5% this year, in line with increases over the past four years but lower than national consumer inflation rate; over 1,800 drugs had increases in prices this year, about the same number as in 2021: Raymond James
BioPharma Dive (01/04)
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Health Care, Pharmaceuticals & Wellness
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Bristol Myers Squibb completes sale of manufacturing facility in Syracuse, New York, to Lotte Biologics; Lotte to manufacture products for Bristol Myers at the Syracuse facility
Bristol-Myers Squibb Co. (01/04)
Merck KGaA hands over IL-12-targeting cancer drug to PDS Biotech in deal worth over US$120.0M; the two companies are currently developing a triple combination immunotherapy to treat HPV-associated malignancies
FierceBiotech (01/04)
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Tobacco, Cannabis & Derivatives
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Aurora Cannabis closes sale of Aurora Polaris facility for about US$15M
PR Newswire (01/04)
New Mexico's US$5M pilot loan program for small recreational cannabis firms places strict criteria to qualify; just six loans have been approved, as program restricts the size of operations that can apply
The Santa Fe New Mexican (01/04)
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Industrial
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Automotive & Driving
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Mercedes-Benz recalls nearly 28,000 vehicles due to transmission wiring that may be incorrectly routed and cause a short circuit that could lead to thermal overload; recall involves a range of vehicles from 2019 to 2023 model years
Law Firm Newswire (01/04)
KIA SPORTAGE HYBRID AND KIA TELLURIDE NAMED AMONG THE CAR CONNECTION’S BEST CAR TO BUY 2023 AWARDS
Kia Motors Corp. (01/04)
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Agribusiness & Raw Foods
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PhosAgro announces research grants of up to US$30,000 in the green chemistry program in Pakistan for young scientists and researchers
Technology Times (Pakistan) (01/04)
US farmers receive 4.5% for their goods in November than October, while the price of goods, services and other costs paid by farmers was unchanged, according to USDA report
Food Business News (01/04)
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Logistics, Shipping & Delivery
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Fitch: Outlook bleak for 2023 global container market, as easing of supply chain pressures has led to 'near normalization' of container freight rates, suggesting this year's earnings will be much weaker than in past three years, when they were oversized
CE Noticias Financieras (01/04)
Amazon is reportedly looking to sell excess space on its air cargo planes as demand slows from pandemic levels; company is under added pressure to profit from unused space as it looks to boost profits during period of slower revenue growth
Maritime Gateway (India) (01/04)
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Stock
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Latest: Jan, 04 2023
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Latest Value |
Prev |
Chg |
YOY Chg |
| Watchlist |
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Amcor Plc (AMCR)
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12.03
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11.92
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0.92%
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-0.33%
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Aptar (ATR)
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111.23
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110.26
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0.88%
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-8.36%
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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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52.49
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51.97
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1.00%
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-41.68%
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Berry Global (BERY)
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61.52
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60.46
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1.75%
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-16.13%
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Crown Holdings (CCK)
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83.13
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82.49
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0.78%
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-23.11%
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DS Smith PLC (SMDS) :LON
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327.40
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321.50
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1.84%
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-14.70%
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Gerresheimer AG (GXI) :ETR
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64.10
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62.95
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1.83%
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-25.90%
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Huhtamaki Oyj (HUH1V) :HEL
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32.91
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32.50
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1.26%
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-13.28%
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International Paper (IP)
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36.83
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35.41
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4.01%
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-24.01%
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Owens Illinois (OI)
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17.82
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16.56
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7.61%
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41.54%
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PCA (PKG)
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130.80
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129.06
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1.35%
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-5.24%
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Pactiv Evergreen Inc. (PTVE)
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11.42
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11.31
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0.97%
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-11.20%
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Sealed Air (SEE)
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51.07
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50.27
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1.59%
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-23.71%
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Silgan (SLGN)
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51.58
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51.82
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-0.46%
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21.05%
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Smurfit Kappa Group Public Ltd Co-O (SKG):LON
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3,137.00
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3,071.00
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2.15%
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-22.68%
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Sonoco (SON)
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60.38
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60.33
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0.08%
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3.57%
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Transcontinental Inc. (TCL.A.CA)
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15.77
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15.39
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2.47%
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-21.54%
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WestRock Co. (WRK)
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36.38
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35.48
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2.54%
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-20.52%
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Packaging Industry
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