Sidel launches new PET bottle for dairy products

WestRock reports fiscal Q4 and full-year 2023 results; The packaging conundrum: balancing innovation and challenges; and UPM Speciality Papers introduces sustainable pet food packaging

View in browser View in browser  |  Forward to a friend  | Signup In Brief November 13, 2023 | Up-to-date international news and features on the packaging industry Spotlight Sidel launches new PET bottle for dairy products Sidel's 'ultra-light' and 'ultra-small' PET bottle aims to offer an increased competitive advantage for liquid dairy manufacturers. Latest news WestRock reports fiscal Q4 and full-year 2023 results CEO David B Sewell has outlined strategic plans to unlock cost savings and foster profitable growth in fiscal 2024. The packaging conundrum: balancing innovation and challenges The packaging industry grapples with finding the sweet spot between innovation and sustainability concerns. UPM Speciality Papers introduces sustainable pet food packaging UPM is addressing the need for pet food packaging with grease resistance without compromising health. IT Tech Packaging registers net loss of $1.98m in Q3 FY23 The company attributed its performance to a drop in sales volume within its CMP unit. Eco-Products introduces new cup and container lids The new lids are produced using renewable moulded fibre, certified as compostable by the BPI. Republic Services and Blue Polymers to develop plastics recycling complex The move is part of a JV established between the companies earlier this year. Cascades reports net income of $24.65m in Q3 FY23 The company's positive results were attributed to improvements in its Tissue Papers business unit. Read more news In-depth read In 2022, flexible packaging was the most used pack material in the global household product packaging industry The packaging volume in the global household products industry was 199 billion units in 2022, and is expected to grow at a CAGR of >3% by 2027, per GlobalData estimates. Flexible packaging was the most used pack material in 2022 accounting for a share of 68.6%, followed by rigid plastics. Flexible packaging offers ease of use and storage, allowing customers to access and store household and pet care products conveniently. The lightweight nature of flexible packaging reduces transportation costs and increases efficiency throughout the supply chain. Free digital magazine: latest issue Issue 70 | October 2023 In this issue: Cutting-edge machinery redefines packaging - Shrink sleeves reshape European packaging - Latest tech for packaging integrity - Form, Fill, Seal: brand, safety, sustainability - Clear PET's rise vs. coloured plastic's fall. Click here to view the magazine. GlobalData network Verdict Foodservice   |   Just Drinks   |   Just Food  |   Just Style Thank you for reading. Please send any news or comments to: consumer.editorial@verdict.co.uk Contact us LinkedIn | Twitter Editorial consumer.editorial@verdict.co.uk Advertise with us Click here About Packaging Gateway packaging-gateway.com is one of a network of 30+ proprietary B2B websites, with an unrivalled global audience of active decision makers, influencers, and opinion leaders across the world with a combined readership of 55 million industry professionals each year.   Was this email forwarded to you? Sign up here GlobalData, John Carpenter House | Registered in England No. 03925319, John Carpenter Street, London, EC4Y 0AN, United Kingdom Unsubscribe Manage Preferences London