Coca-Cola and Eight Bottling Partners Launch $137.7 M Sustainability-Focused Capital Fund

    The Coca-Cola Company, in collaboration with eight global bottling partners, has announced the establishment of a new venture capital fund dedicated to sustainability investments. The Greycroft Coca-Cola System Sustainability Fund, managed by Greycroft, a seed-to-growth venture capital firm, marks a significant milestone for the company and its partners.   The fund, with a …

Uganda’s Beverage Industry Spearheads PET Plastic Recycling Efforts

Uganda’s beverage industry is leading the way in establishing a Producer Responsibility Organisation (PRO) to self-regulate post-consumer polyethylene terephthalate (PET) recycling. In a groundbreaking move, Coca-Cola Beverages Uganda (CCBU), Mukwano Industries, Harris International, Uganda Breweries Limited, and Crown Beverages (Pepsi) have signed a letter of intent, demonstrating their commitment to creating a sustainable and circular …

Nigeria’s President Tinubu Suspends Plastic Tax to Support Business Growth

    Nigeria’s President Bola Tinubu has taken measures to reduce business costs in Africa’s largest economy by suspending a recently introduced 10% tax on single-use plastics and excise duty on certain locally manufactured products. This decision was announced by Tinubu’s spokesman, Dele Alake, on Thursday, according to reliable sources.   Nigeria has been identified …

Huhtamaki Introduces Sustainable Flexible Packaging Innovation with Focus on Mono-Material Solutions

    Global packaging solutions company Huhtamaki has unveiled its latest groundbreaking technology in the form of sustainable flexible packaging. The innovative packaging, available in Paper, PE, and PP Retort options, represents a game-changing development that combines best-in-class protection, full recyclability, and affordability.   Dr. Marco Hilty, President of Flexible Packaging at Huhtamaki, emphasized the …

Tetra Pak Reduces Food Waste and Losses by Accelerating Production Services

    Tetra Pak, is expanding its services to enhance efficiency and reduce food losses in the food and beverage production process. Acknowledging the broader challenges faced by the food supply chain, Tetra Pak aims to tackle the global issue of food loss, which amounts to approximately 14 percent of the world’s food, valued at …

TCL Commits to Sustainable Packaging Practices in Efforts Towards Carbon Neutrality

    Consumer electronics brand TCL has announced its commitment to increasing the use of sustainable packaging for its products as part of its larger goal to achieve carbon neutrality. The company unveiled its “Carbon Neutrality White Paper” at the 2023 TCL Global Ecosystem Partner Conference, outlining its plans for a greener economy. With last …

Aldar Properties collaborates with EAD to promote single-use plastic bottle recycling

    In a collaboration aimed at fostering a recycling culture for single-use plastic bottles, Aldar Properties has joined forces with the Environment Agency – Abu Dhabi (EAD). As part of its Sustainability activities, Aldar will assume responsibility for eight significant Big Zero installations, providing community members with a convenient means to dispose of their …

Sidel’s RePETable™: Streamlining Sustainable rPET Packaging Production

    Sidel, a leading provider of packaging solutions, has introduced its ‘RePETable™ offer,’ a comprehensive range of services aimed at facilitating the seamless transition to recycled PET (rPET) bottle production and enhancing the circularity of primary packaging. The goal of the RePETable™ offer is to establish a one-stop shop for rPET, providing customers with …

ALPLA Strengthens UK Presence with iTEC Packaging Acquisition

    ALPLA Group, an internationally active packaging and recycling specialist, has demonstrated its commitment to the UK market through the acquisition of iTEC Packaging (Mansfield). The acquired plant specializes in producing closures primarily for the dairy industry, as well as the food and beverage sectors. With the addition of iTEC Packaging (Mansfield), ALPLA expands …