Amcor and Berry Global shareholders overwhelmingly approve combination

Amcor plc and Berry Global Group, Inc. announced that at their respective shareholder meetings, held on February 25, shareholders of both companies overwhelmingly voted to approve the combination of these two companies. This approval satisfies the shareholder vote condition for the combination, originally announced in November 2024. Together, Amcor and Berry

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Uruguay launches first nationwide Deposit Return System (DRS)

Uruguay’s national packaging recovery initiative, Plan Vale, agreed on Friday, February 21, 2025, to the terms with the consortium of CIEMSA, CSI, and Reverse Logistics Group (RLG) to implement the country’s first Deposit Return and Refund System (DRS) for single-use beverage containers. This project positions Uruguay as the first Latin American

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Shelf life extender oxygen scavenging additive for PET packaging

Avient Corporation announced the launch of ColorMatrix Amosorb 4020L, an advanced shelf life extender oxygen scavenging additive produced specifically for PET bottle packaging. This new additive claimes to offer brand owners and converters a cost-effective solution to enhance the shelf life and recyclability of their PET bottles. The additive is developed

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Origin Materials announces commencement of PET cap commercial production

Origin Materials announced that, in an historic first, Origin has commenced the commercial production of PET caps at their manufacturing center in Reed City, Michigan, USA. “Achieving this milestone is a tremendous accomplishment, and we couldn’t be prouder,” said Origin CEO and Co-Founder John Bissell. “Producing PET closures at commercial volumes,

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IFC partners with Mohinani Group to drive PET recycling and manufacturing in West Africa

IFC, a member of the World Bank Group, announced a partnership with Ghana-based manufacturer Mohinani Group Limited to under-take the recycling of PET from plastic waste in Ghana and Nigeria, helping protect the environment and creating thousands of jobs in both countries. Under the partnership, IFC will provide a loan of

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Otsuka Pharmaceutical finalises an agreement with Fukuroi City on the horizontal recycling of PET bottles

Photo: The signing ceremony for the resource circulation agreement was held at Fukuroi City Hall on February 13. (From left: Toshihiro Miyachi, Factory Manager of Fukuroi Factory, Otsuka Pharmaceutical; Toyota Tsusho; Noriyuki Oba, Mayor of Fukuroi City; Toshihiko Maki, General Manager of the Sustainable Plastic Department) Otsuka Pharmaceutical Co., Ltd. (Otsuka)

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Vilsa-Brunnen replaces shrink wrap with adhesive dots

Vilsa-Brunnen is the first German beverage manufacturer to eliminate shrink wrap on all its single-use bottles, replacing it with adhesive dots. With the introduction of the “VILSA NIX-PACK”, the company aims to redefine the classic six-pack [“NIX” meaning “nothing” in German, highlighting the absence of shrink wrap]. Instead of being held

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MacroCycle raises $6.5M to commercialise upcycling technology with 80% less energy

MacroCycle Technologies, a developer of a novel PET & polyester textile waste upcycling technology, announced the close of a $6.5M seed financing round. The round was led by Clean Energy Ventures and Volta Circle, with participation from KDT Ventures and Neotribe Ventures. MacroCycle will use the funding to grow its operations

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