Bacardi trials commercial production of hydrogen-powered glass bottles

DS Smith's profit for first half of FY23/24 declines to $256m; BradyIFS + Envoy Solutions acquires PFS Sales Company; and PRE's updated manifesto urges EU to prioritise plastic circularity

View in browser View in browser  |  Forward to a friend  | Signup In Brief December 08, 2023 | Up-to-date international news and features on the packaging industry Spotlight Bacardi trials commercial production of hydrogen-powered glass bottles By using hydrogen as a primary energy source, Bacardi found it was able to reduce its GHG emissions by more than 30%. Answer our poll question Latest news DS Smith's profit for first half of FY23/24 declines to $256m The company also saw a decrease in its revenue, which it attributed to lower selling prices across the group. BradyIFS + Envoy Solutions acquires PFS Sales Company The move is expected to broaden BradyIFS' reach in the Southeast of the US. PRE's updated manifesto urges EU to prioritise plastic circularity Some measures being called for include the harmonisation of collection systems across the EU and action against greenwashing. Genera invests in expansion of Sustainable Biomaterials Campus The expansion will encompass the installation of more than 60 robotic thermoforming machines. Greif's attributable net income declines to $359.2m in FY23 The company saw consistent decreases across its reported earnings. WebstaurantStore purchases CVP Impack machines from Sparck The technology is set to significantly boost production speeds at WebstaurantStore's distribution centres. The EU's response to the climate crisis: a comprehensive overview The EU's strategy goes beyond merely outlining ambitious targets; it involves crafting a thorough roadmap for a future that is sustainable and resilient. Read more news In-depth read Global food packaging industry witnessing an uptick in demand for personalized packaging In 2022, flexible packaging was the most used pack material, followed by rigid plastics. Dairy & soy food was the leading sector, while prepared meals sector is forecast to register the fastest growth during 2022–27, per GlobalData. Personalized packaging is becoming popular as consumers appreciate products tailored to their needs or preferences. 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