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Packaging Industry

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April 11, 2023

Industry Roundup

Flexible Packaging

ProAmpac to showcase ProActive Recyclable R-2050, ProActive Post Industrial Recycled Content monomaterial products at Interpack trade fair in Germany; company to also display RAP Packaging solutions including Sandwich Packs, HandRaps, SoftPacks, Trays
Packaging Europe (04/10)

Executive Perspective: ProAmpac, TC Transcontinental and Dow executives discuss challenges, successes in the move toward more sustainable pet food packaging; companies’ offerings include film pouches, laminated quad bags, polywoven bags
Packaging Strategies (04/10)

Shipping Boxes

More big retailers are getting on board with using machines that craft customized boxes for items being shipped, in order to reduce paperboard waste; Walmart’s machines are from Packsize International, Amazon’s technology is from Italian firm CMC
Tell Me Best (04/10)

Bottles

Champagne house Telmont and French glassmaker Verallia successfully complete testing of bottle weighing 800 grams, making it 35 grams lighter than today’s standard Champagne bottles; the bottles will generate around 4% less CO2 per bottle produced
The Drinks Business (04/10)

Upcoming version of all-electric Mini Countryman’s interior to use materials made from recycled polyester from waste PET bottles, carpet offcuts; materials to be made using green energy
Automotive Interiors World (04/10)

Cans

Conagra Snapshot: Q3 category growth includes single-serve frozen meals up 12% year-over-year, seeds up 22%, baking mixes and microwave popcorn up over 10%; foodservice segment up 17.3%, staples up 7% despite persistent supply chain issues in canned meals
Industry Intelligence Inc. (04/10)

Talking Rain announces launch of new Sparkling Ice +Energy sparkling water, available in 12 and 16 oz. cans in three flavors: Power Punch, Berry Blast, and Maximum Mango
PR Newswire (04/10)

Reusable / Refillable / Storage Containers

L’Oreal luxe brand Ralph Lauren Fragrances introducing Polo Earth Collection in bottles created from lighter-weight glass that are recyclable and refillable; the bottles feature an FSC-certified wood cap, FSC-certified paper label on the front
Beauty Packaging (04/10)

Films / Sheets

Volpak to show automated, green solutions for packaging at Interpack 2023 in Germany, May 4-10, including new VOLPAK SM+, an innovative horizontal pouching platform, VOLPAK SI 280 machine which manages sustainable films, automatic size changes
Volpak S.A.U. (04/10)

Researchers make antioxidant, biodegradable film with potential active food packaging applications; film is made of gelatin, corn starch, includes antioxidant extracts from pecan nut cake, with complete biodegradation observed until the ninth day: study
NewsRx Life Science Daily (04/10)

Retail Food Packaging

Tops Friendly Markets highlights its use of BioFlex bags instead of traditional plastic bags for its potatoes; the packaging is 100% recyclable, biodegrades in landfills and converts into renewable methane gas
Tops Markets LLC (04/10)

Veggie burger brand NoBull Burger launches new logo, packaging that showcase ingredients; redesign creates a sense of transparency for consumers, highlighting real food ingredients, bold, savory flavors, and high nutritional value
PR Web (04/10)

Retail Beverage Packaging

Oregon bottle bill program reaches highest US redemption rate at 88.5%, compared to national average of 35%, says Oregon Beverage and Recycling Cooperative report; state recovered over 2 billion drink containers, paid out over US$205M to consumers in 2022
Waste Advantage Magazine (04/10)

Draft Top launches Kickstarter campaign for its Draft Top PRO serving solution, which can be used at bars, restaurants, stadiums; the bar tool safely removes and lifts the top off beverage cans, eliminating the need for single-use plastic cups
PR Web (04/10)

Household Packaging

SaltyLama unveils new brown kraft paper packaging for its laundry detergent sheets; the packaging is made from biodegradable and compostable materials containing zero bleach
EIN Presswire (04/10)

Health Care & Medical Packaging

Global disposable medical supply market projected to grow 5.8% annually from 2022-2030 to US$429.1B by 2030; growth driven by aging population, rise in hospital-acquired infections, preference for low-cost disposable medical supplies to cut contamination
Globe Newswire (04/10)

Secondary Packaging

Keystone Folding Box now offers line of secondary packaging systems for injectable pharma products, available in both all-paperboard and plastic-hybrid formats; collection meets a range of needs through options such as tamper evidence and child-resistance
Paper, Film & Foil Converter (04/10)

Active / Intelligent Packaging

Researchers develop electrospun fungus-based film for potential active food packaging applications; film is made of tremella polysaccharide, soybean protein isolate, shows antioxidant properties: Jilin Agricultural University
MDPI Journal: Foods (04/10)

Plastic Packaging

Hasbro to reintroduce plastic windows and blisters to its 6-in. fan figures across its portfolio of brands, based on consumer feedback; the windows and blisters will be made from bio PET or rPET
ghostbustersnews.com (04/10)

Scientists use cellulose nanocrystals to reinforce biodegradable films made of corn starch, chitosan; films have potential food packaging use, show best performance at 0.5%-5% CNC with improved antimicrobial, thermal, mechanical, barrier properties: study
MDPI Journal: Polymers (04/10)

Metal Packaging

Wildpack Beverage, a middle market co-packer of canned goods, announces new monthly records for March, including US$8,036,791 in customer orders and 288 confirmed sales orders; company also successfully converted 66 new customers during the month
Accesswire (04/10)

Glass Packaging

Luxury resort Vomo Island Fiji uses VOMO recycled glass bottles for the sparkling drinking water it produces at its water bottling plant; resort says using recycled glass bottles drastically reduces its need for single-use plastic bottles
Fiji Times (04/10)

Labels, Displays & ID Technologies

Tracesci Global to present track and trace solution at PharmaTech 2023 that safeguards against counterfeiting in pharma industry; company advocates for adoption of blockchain-based track, trace solutions to give manufacturers visibility over supply chain
Print Week (India) (04/10)

SimplyRFiD will present its AIMS 2.0, an RFID-enabled eyewear order management system for eye doctors, at Vision Source's yearly gathering, The Exchange 2023, in San Antonio, April 19-22
Accesswire (04/10)

Packaging & Containers

Private equity-backed Praxis Packaging Solutions permanently lays off 60 employees at its headquarters in Byron Township, Michigan, due to ‘reduced business and work,’ according to WARN Act filing; Praxis specializes in primary, secondary packaging
Grand Rapids Business Journal (04/10)

World Packaging Organisation highlights its position paper, ‘Sustainability perspectives across the globe’; the position paper is now available for download free of charge
World Packaging Organisation (04/10)

Pakistan's caretaker provincial minister for industry, commerce and energy says the packaging sector is important for the national economy, meets with representative delegation of the packaging, printing sector to discuss action plan for enhancing export
The Daily Post (04/10)

 Food & Beverage

Cereal Products

Kellogg launches new macaroon-flavored Kellogg’s Miraculous Cereal, developed in collaboration with animated kids TV show 'Miraculous--Tales of Ladybug and Cat Noir'; cereal features strawberry-flavored pink and purple cereal pieces with marshmallows
Chew Boom (04/10)

Meat & Poultry

USDA issues public health alert for ready-to-eat fresh salad products with chicken and ham that contain FDA-regulated lettuce that has been recalled for possible listeria contamination
Food Safety News (04/10)

Blue Apron announces limited-edition launch of Asian-inspired recipes and a burger concept in collaboration with cookbook author and TV host Molly Yeh; menu includes Ginger-Scallion Burgers with Fried Eggs, Pickled Cucumbers & Hoisin Sauce
Business Wire (04/10)

Packaged Foods

Tyson Foods workers at company's Van Buren, Arkansas, facility launch a strike, asking for fair pay before the plant closes in May; since the closure was announced in March, several workers have left the company before layoffs are administered
Meat+Poultry (04/10)

Ajinomoto invests in Every, a Japanese startup company operating recipe and other video media and providing various retail DX services involving in-store digital signages for supermarkets
Ajinomoto Co. Inc. (04/10)

Non-Alcoholic Beverages

Executive Perspective: Successful adoption of technologies requires clear communication about how individual work will improve and giving employees opportunities to 'upskill themselves,' says PepsiCo's chief strategy and transformation officer
Business Insider (04/10)

Alcoholic Beverages

Constellation Brands forecasts its full-year profit above Wall Street estimates, benefiting from price increases aimed at combating elevated costs and strong demand for its high-end beer brands
Cyprus Mail (04/10)

Russia's spirits producers produce 15.9 million decaliters of vodka in Q1, down 8.5% from year-ago period, industry regulator says; cognac production falls 1.1% to 1.9 million decaliters
Interfax Russia & CIS Business and Financial Newswire (04/10)

 Personal Care

Cosmetics

China's relaxed mask mandates to lead Asia's lipstick recovery, with Chinese consumers more willing to stop masking compared to Japan, Korea or Thailand; trends moving to glossy, balmy textures after masking led trend for matte, non-transfer: Sensient
CosmeticsDesign.com (04/10)

Soaps, Bath & Shower Products

Shampoo among latest products hit by 'shrinkflation,' with Pantene, Head & Shoulder, Tresemmé, Aussie and L'Oreal products seen cutting sizes while maintaining or hiking prices; UK analyst warns consumer prefer to be told about hikes than feel misled
Mirror, The (UK) (04/10)

Personal Care

The Body Shop North America Appoints Jordan Searle as General Manager in the US and Canada
Happi (04/10)

Euromonitor: Beauty brands trending in shorter windows amid social media, and impacting direct sellers in North America; to adapt to changing consumer behavior, they must adopt omnichannel strategy, set up affiliate programs or direct selling marketplaces
Euromonitor International Ltd. (04/10)

 Pet Care

Pet Food

Survey of pet owners finds owners prioritized eco-friendly packaging, quality ingredients in 2022; top attributes include human-grade, sustainably-sourced, functional and non-synthetic ingredients for both dog and cat food: American Pet Products Assn.
PetFoodIndustry.com (04/10)

Pet Care Products

Tidy Cats launches Tidy Care Comfort litter and contest for a US$5,000 home litter box area upgrade; Tidy Care Comfort features low dust content, 14-day odor control and tight, flat clumps that scoop easily with small granules
Nestlé Purina PetCare Co. (04/10)

 Household Products

Household Products

Blendtec introduces new Immersion Blender, featuring versatile attachments such as a blending wand, whisk, and chopper, and the ability to blend directly in a pot or bowl; interchangeable attachments are dishwasher safe
Blendtec (04/10)

Newell Brands' Friday Collective debuts scented candles collection at Target, including three fragrances exclusive to Target--Free to Be, Free Spirit and Sunroof's Open; Free to Be fragrance is a limited-edition Pride scent supporting Rainbow Railroad
PR Newswire (04/10)

 Health Care

Prescription Drugs

Moody's: US government set to broker drug prices as part of Inflation Reduction Act; drugs destined for Medicare negotiations include Pfizer-BMS' Eliquis, AbbVie-J&J's Imbruvica, Novo Nordisk’s Ozempic, Eli Lilly's diabetes drugs Trulicity and Jardiance
Indian Pharma Industry: Policies (04/10)

Global erectile dysfunction drug market expected to grow from US$3.2B in 2022 to US$6.1B in 2032, have CAGR growth of 6.8% from 2022-2032; viagra sildenafil citrate segment to grow fastest during period, with retail pharmacies having largest revenue share
Globe Newswire (04/10)

Vitamins / Supplements

FTC orders Bountiful Co. --maker of Nature’s Bounty supplements-- to pay US$600,000 in first-ever enforcement of Amazon 'review hijacking'; company merged newer product listings with those of older, well-established products with different formulations
FinancialPress (04/10)

Health Care, Pharmaceuticals & Wellness

Forrester expects retail health clinics to see great growth, double their share of primary care market by 2028; as pharmacies look to transform, they must focus on core business, offer omnichannel experiences, ensure harmonized care to meet growing demand
MedCityNews.com (04/10)

GlobalData: Future of COVID-19 vaccine rollouts becoming highly uncertain; significant drops in global demand and revenue expected in coming years following WHO's revised vaccine guidance that says healthy adults under 60 may not need annual boosters
GlobalData Plc (04/10)

Tobacco, Cannabis & Derivatives

HEXO announces agreement under which Tilray will acquire all issued and outstanding common shares of the company; HEXO shareholders will receive 0.4352 of a share of Tilray common stock, equivalent to US$1.25, per HEXO share
Associated Press (04/10)

Curaleaf completes acquisition of Deseret Wellness, the largest cannabis retail operator in Utah
Canada Newswire (04/10)

 Industrial

Automotive & Driving

KIA AMERICA ANNOUNCES 2024 SELTOS PRICING
Kia Motors Corp. (04/10)

Walmart, Sam’s Club expanding EV charging stations through 2030; the retailers currently offer about 1,300 EV charging stations at over 280 locations
Retail Customer Experience (04/10)

Agribusiness & Raw Foods

ADM to Release First Quarter Financial Results April 25, 2023
Business Wire (04/10)

Tillamook County Creamery Assn. and retailer New Seasons Market funding development of a native riparian forest habitat on Tillamook member-owned farmland in Oregon; habitat aims to support soil carbon capture while protecting wildlife and water quality
Deli Market News (04/10)

Logistics, Shipping & Delivery

Texas' Port of Laredo surpasses Chicago and Los Angeles to become the number one international trade port in the US, according to US Census; Laredo saw US$24.6B in two-way trade overall, with Mexican commerce representing a large portion of its trade
Transport Topics (04/10)

Heavy-duty aftermarket parts distributor FleetPride names Kevin Weadick to succeed Mike Duffy as CEO; Weadick brings over two decades of expertise leading digital transformations, large-scale legacy system replacements, supply chains and mergers
Transport Topics (04/10)

 Stock

Latest: Apr, 10 2023

Latest Value Prev Chg YOY Chg
Watchlist
Amcor Plc (AMCR) 11.09 11.25 -1.42% -5.38%
Aptar (ATR) 119.10 119.06 0.03% -1.90%
Ardagh Group SA (ARD) 24.75 24.75 0.00% 0.00%
Ball (BALL) 52.04 52.63 -1.12% -40.47%
Berry Global (BERY) 58.06 57.75 0.54% 2.98%
Crown Holdings (CCK) 78.51 78.63 -0.15% -35.41%
DS Smith PLC (SMDS) :LON 314.20 307.50 2.18% 1.45%
Gerresheimer AG (GXI) :ETR 87.60 91.85 -4.63% 28.45%
Huhtamaki Oyj (HUH1V) :HEL 34.33 34.51 -0.52% 8.40%
International Paper (IP) 35.89 35.78 0.31% -23.15%
Owens Illinois (OI) 22.02 22.08 -0.27% 68.09%
PCA (PKG) 140.95 141.15 -0.14% -8.08%
Pactiv Evergreen Inc. (PTVE) 8.25 8.31 -0.72% -19.20%
Sealed Air (SEE) 46.62 46.87 -0.53% -32.13%
Silgan (SLGN) 52.41 52.36 0.10% 14.43%
Smurfit Kappa Group Public Ltd Co-O (SKG):LON 2,952.00 2,906.00 1.58% -5.69%
Sonoco (SON) 59.88 59.64 0.40% -4.98%
Transcontinental Inc. (TCL.A.CA) 14.13 13.91 1.58% -19.26%
WestRock Co. (WRK) 30.12 30.06 0.20% -36.16%
SAMPLE REPORT