Study shows surge in variety of packaging recycling methods

Mondi's revenue plummets to €7.33bn in FY 2023. World Packaging Organisation calls PPWR deadline "ambitious". And $40m from Australian federal government for plastic waste research.

Forward this email  |  View in browser PackagingGateway In Brief February 23, 2024 SPOTLIGHT READ Study shows surge in variety of packaging recycling methods Europe was found to be a key contributor to these recycling systems. Got a minute to spare? Take part in our research by answering our poll: Answer our poll question LATEST NEWS Mondi's revenue plummets to €7.33bn in FY 2023 The company did, however, see a continuation of its positive cash generation.   World Packaging Organisation calls PPWR deadline "ambitious" Packaging industry leaders attended a webinar hosted by the WPO aimed at unravelling the complexities around upcoming EU regulations.   $40m from Australian federal government for plastic waste research SECOS Group, the parent company of compostable packaging brand MyEcoBag, will help to establish the centre after a successful funding bid.   Cascades reports 4% increase in sales in FY 2023   The company also saw an increase in its EBITDA in the reported period.   Digimarc announces availability of Digimarc Recycle following trial  Digimarc claims that its digital watermarking technology can identify plastic packaging to any desired level of granularity.   Danimer completes Rochester demonstration plant expansion The facility now includes improved controls and data collection systems.   OSARO launches AI-powered Robotic Depalletization System  The technology detects foreign objects or damaged boxes, prompting alerts for removal to prevent injuries. Read more news IN-DEPTH READ Global Packaging Industry Overview   Per GlobalData, the global packaging industry volumes increased from 4.1 trillion units in 2022 to reach 4.6 trillion units and is expected to grow at a CAGR of 2.6% during 2022–27. The global packaging volumes for all industries was led by the food industry, accounting for a 50.9% volume share in 2022, followed by non-alcoholic beverages. The non-alcoholic beverages industry is forecast to grow fastest at a CAGR of 3.7% during 2022–27. 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 73 | February 2024   In this issue: Uncover the game-changing potential of connectivity, from interactive labels to smart packaging solutions 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