Coca-Cola and Indorama Ventures ink partnership to build PH’s largest bottle-to-bottle recycling facility

With the shared goal of making a more sustainable future happen today, Coca-Cola Beverages Philippines, Inc. (CCBPI) and Thailand-headquartered Indorama Ventures have signed a joint-venture agreement to establish PETValue, the largest state-of-the-art, bottle-to-bottle recycling facility in the Philippines. The PHP 1-billion, next-generation facility will be established in General Trias, Cavite, and

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Sidel honoured for eco-packaging concept AYA at World Food Innovation Awards 2020

For their latest eco-friendly packaging design concept AYA, Sidel has been awarded with the prestigious World Food Innovation Award (WFIA) in the category “Best Drink Packaging Design”. With the prizewinning AYA design, Sidel has developed a comprehensive “End to End” packaging alternative for still water, covering all angles from 100% recycled

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Smithers forecasts global packaging market to reach $1.05 trillion in 2024

Smithers latest market report, ‘The Future of Global Packaging to 2024’ forecasts the global packaging market value will increase from $917 billion in 2019 to $1.05 trillion by 2024, with a compound annual growth rate (CAGR) of 2.8%. Asia is the largest market of world packaging consumption, followed by North America

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Loop Industries announces signature of multi-year supply agreement with L’Oréal

Loop Industries, Inc. announced that they have entered into a multi-year offtake agreement with beauty industry brand L’Oréal to supply them with PET resin made of 100% recycled materials for their packaging needs. This resin is to be supplied from Loop Industries’ joint venture facility in Spartanburg, South Carolina, USA with

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