Canada’s government invests $1m in compostable bioplastics

Sana Packaging debuts eco-friendly preroll multipack. Smurfit Kappa posts 19.6% drop in profit for FY23. And Sidel partners with EcoVadis to forge path to sustainable supply chain.

Forward this email  |  View in browser PackagingGateway In Brief February 12, 2024 SPOTLIGHT READ Canada's government invests $1m in compostable bioplastics The funding has been granted under the Jobs and Growth Fund programme, which helps businesses prepare for long‑term growth. Got a minute to spare? Take part in our research by answering our poll: Answer our poll question LATEST NEWS Sana Packaging debuts eco-friendly preroll multipack Featuring a child-resistant closure, the multipack can hold up to five prerolls and provides ample branding space.   Smurfit Kappa posts 19.6% drop in profit for FY23  The company has attributed its declines to lower paper and box pricing YoY.   Sidel partners with EcoVadis to forge path to sustainable supply chain The partnership aligns with Sidel's commitment to comply with EU Green Deal principles.   Plasgain and Pinegro secure funds to boost recycling in Victoria The funding forms a part of the government's strategy to overhaul the state's waste and recycling sector.   Spicers Group to acquire Signet   The acquisition is expected to make a significant contribution to boost the Spicers Group's regional scale.   Huhtamaki records 7% drop in net sales for FY23  The company's EPS also fell by 25% to €1.97 in FY23.   James Cropper and Bruichladdich launch sustainable whisky packaging  Bruichladdich's new whisky packaging reduces its carbon footprint without compromising durability. Read more news IN-DEPTH READ M&A landscape in the Packaging sector (2023)   GlobalData's latest report analyzes the disruptive themes that have driven M&A activity in 2023 in the Packaging sector. In 2023, the global packaging market witnessed deals worth $26 billion, a growth of 20% compared to 2022. The sector recorded only two mega-deals, a drop of 71% compared to 2022. Buy report MORE FOR YOU Explore our marketing solutions   Merging industry-leading business intelligence & award-winning journalism, this is an unrivalled opportunity for engagement with B2B professionals across a network of 40+ leading media websites.    Request a demo Inside Packaging Digital Magazine   Issue 72 | December 2023   In this issue: The trends that will define 2024, EU recycling targets at risk, the growth of PCR packaging, and more Read the magazine Click below to view more from across the network: Verdict Foodservice   |   Just Drinks   |   Just Food   |   Just Style   Was this email forwarded to you? Sign up here.   Please send any news or comments to: consumer.editorial@verdict.co.uk   GlobalData   At GlobalData we have a proven track record in helping thousands of companies, government organizations, and industry professionals benefit from faster, more informed decisions. You can update your communication preferences to make sure you receive the right information for you.    GlobalData, John Carpenter House | Registered in England No. 03925319, John Carpenter Street, London, EC4Y 0AN, United Kingdom London  Unsubscribe  |   Manage Preferences