Umesh Ellichipuram

1 week ago | packaging-gateway.com | Umesh Ellichipuram

UK’s trade union Unite is opposing the proposed closure of DS Smith’s packaging factory in Derbyshire as consultations commence. The factory in question is the Clay Cross site, which has nearly 140 jobs at risk. DS Smith, a supplier of retail packaging in the UK, was recently subject to a £5.8bn takeover by Memphis-based International Paper. The new management is reportedly planning to restructure UK operations, potentially closing five sites by the end of 2025.

1 week ago | packaging-gateway.com | Umesh Ellichipuram

US-based plastic recycling company PureCycle Technologies has signed binding agreements to raise $300m in capital to support its global growth strategy. The company is planning to establish one billion pounds of installed capacity by 2030 across the US, Europe, and Asia. The capital raise involves a collaboration with new and existing investors, including Duquesne Family Office and Wasserstein Debt Opportunities.

1 week ago | just-drinks.com | Umesh Ellichipuram

The UK government has agreed to investigate a new approach to the Extended Producer Responsibility (EPR) scheme, according to a statement from local trade body UKHospitality. In a recent meeting with Mary Creagh, Minister for UK Department for Environment, Food and Rural Affairs (Defra), the association said it was agreed the department would work together with the sector to identify a solution. UKHospitality added it was optimistic a solution could be proposed for the EPR scheme’s second year.

1 week ago | packaging-gateway.com | Umesh Ellichipuram

Amtech Software, an enterprise software solutions provider for the packaging industry, has received strategic growth investment from Vista Equity Partners (VEP), a global technology investor. This investment is aimed at bolstering the company’s innovation within the packaging industry. It will facilitate advancements in Amtech’s enterprise resource planning (ERP), manufacturing execution systems (MES), and automation solutions.

1 week ago | packaging-gateway.com | Umesh Ellichipuram

RDM Group, a producer of recycled cartonboard, has introduced Multiboard Barrier, a polyethylene-coated cartonboard designed to meet performance demands while tackling environmental issues. The new product aims to provide a sustainable solution for various packaging needs. The company highlighted that its PE-coated boards are suitable for hygroscopic products, which require moisture protection.