Contribution By Paroma Bhattacharya
February 7, 2019
The Danish Veterinary and Food Administration has reportedly announced that it may consider banning fluorinated chemicals in FCMs. According to sources familiar with the knowledge of the matter, the administrative body is in the midst of examining the possibilities of enforcing a nation-wide ban on …
Albéa and Blackstone likely to acquire stakes in Essel Propack
February 4, 2019
Essel Propack looking to sell stakes to reduce debt, but none of the involved companies consent to comment on the deal. Essel Propack(EPL), the largest specialty packaging company in India, has recently been reported by reliable sources to be preparing to sell assets in an effort to …
UCC Shchekinoazot completes test run for new chemical production unit
January 29, 2019
The ammonia and methanol co-production facility is based on technology developed by leading catalysis and process technology company, Haldor Topsoe. UCC (United Chemical Company) Shchekinoazot, a chemicals trading company based in Russia, has reportedly approved the results of a guarantee test run of a newly established …
Samsung announces to use sustainable materials in its packaging
January 28, 2019
Samsung has reportedly declared that it will start replacing its plastic packaging used with numerous products with environmentally friendly elements beginning this year. Apparently, the firm will replace the plastic used in tablets, phones, and wearables for molds & accessory bags made with materials that …
Unilever to trial refillable packs through a new retail platform
January 26, 2019
Unilever has reportedly unveiled reusable packaging innovations for nine of its brands, including four new product formats. Reportedly, the new products will be tried out on Loop, the world’s first waste-free shopping system. For the uninitiated, Loop puts together an alliance of consumer goods companies, …
Klöckner Pentaplast to expand production capacity at Virginia
January 21, 2019
Klöckner Pentaplast, one of the world’s largest suppliers of packaging films recently announced that it will invest $25 million in expanding its pharmaceutical and medical device packaging films production capacity in its Louisa County, Virginia facility. The announcement was made by Ralph Northam, Governor of …
Kite Packaging introduces new solutions to expand its online portfolio
January 18, 2019
An online supplier of packaging materials, Kite Packaging Ltd., has recently introduced new products as the company continues to evolve and grow its e-commerce offerings. Apparently, the new top heat sealers from Kite Packaging present a novel solution for a wide range of customers that …
Newmont Mining acquires Goldcorp for $10bn to be the top gold miner
January 16, 2019
Newmont Mining Corporation, an American mining company, has reportedly announced the acquisition of Goldcorp, a gold-mining company headquartered in Canada, in a major effort to be the largest gold producer in the world. Reportedly, the buyout deal is valued at USD 10 billion. As per …