Packaging Gateway

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Trade/B2B

English

Online/Digital

Outlet metrics

Domain Authority

Ranking

Global

#625379

India

#151107

Business and Consumer Services/Textiles

#288

Traffic sources

Monthly visitors

Articles

Paul Coulson offered $250m to exit Ardagh Group

1 week ago | packaging-gateway.com | Tiash Saha

Irish billionaire Paul Coulson is close to finalising a deal that would transfer complete control of Ardagh Group, a global packaging giant he developed, to its creditors, reported Bloomberg. Coulson will receive a one-time payment of approximately $250m in exchange for Ardagh’s glass business and his majority stake in the metal unit. The decision follows intense negotiations with creditors to resolve Ardagh’s substantial debt, which includes approximately $12.5bn in borrowings.
Nigeria to implement plastic packaging regulations

1 week ago | packaging-gateway.com | Tiash Saha

Nigeria will adopt new regulations aimed at curbing the country’s plastic pollution, particularly from plastic packaging, which is the leading source of plastic waste. Developed with assistance from the United Nations Environment Programme (UNEP), these regulations will hold companies accountable for managing the plastic packaging they produce and use.
UFlex FSSAI-compliant single pellet solution for food packaging

1 week ago | packaging-gateway.com | Tiash Saha

Indian flexible packaging solutions company UFlex has launched a new FSSAI-compliant single-pellet solution that combines recycled PET with virgin PET for the food and beverage packaging industry. This innovative product simplifies the packaging process by eliminating the need for manufacturers to purchase and mix materials separately.
Shellworks launches home-compostable pipette dropper

1 week ago | packaging-gateway.com | Tiash Saha

Shellworks, a UK-based sustainable packaging developer, has reportedly introduced the “world’s first” fully home-compostable pipette dropper, an advancement in eco-friendly packaging for the beauty and wellness sectors. This innovation addresses the sustainability challenge posed by traditional pipette droppers, which are often made from a combination of glass, rubber, and plastic, and are difficult to recycle.
India’s Dhunseri Group to expand packaging films business

1 week ago | packaging-gateway.com | Tiash Saha

India-based Dhunseri Group is set to invest over Rs22bn ($254.4m) by the financial year 2028-29 to enhance its flexible packaging films business through both greenfield and brownfield projects, says Business Standard. The investment aims to expand production capacity and cater to the growing market demand. For the greenfield project in Kathua, Jammu and Kashmir, the group has earmarked an investment of about Rs12.4bn.
Unite opposes DS Smith’s Derbyshire packaging factory closure

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.
PureCycle to raise $300m to expand plastic recycling capacity

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.
CMI, Tetra Pak open new facility in New York

1 week ago | packaging-gateway.com | Tiash Saha

Cayuga Milk Ingredients (CMI), a farmer-owned dairy processor, in collaboration with food processing and packaging solutions company Tetra Pak, has inaugurated a two-phase, $270m expanded facility in Auburn, Cayuga County, New York, US. The project added a 235,000ft² state-of-the-art consumer goods plant to CMI’s existing facility, generating opportunities for New York State dairy farmers.
Stora Enso reviews Swedish forest assets for potential listing

1 week ago | packaging-gateway.com | Tiash Saha

Finnish pulp and paper manufacturer Stora Enso is set to begin a strategic review of its Swedish forest assets for the assessment of a potential separation and public listing of the assets through a partial demerger into a new company. The move could result in two independent entities, each with its own strategic priorities.
Huhtamaki secures $173m loan for refinancing

1 week ago | packaging-gateway.com | Tiash Saha

Finnish sustainable packaging solutions provider Huhtamaki has secured a €150m ($173m) freely transferable loan (Schuldschein) aimed at institutional investors. The loan agreement, structured in two floating and two fixed-rate tranches, will mature over five and seven years, respectively. This financial move is intended to facilitate the refinancing and support general corporate activities within the Huhtamaki Group. Meanwhile, Huhtamaki announced a change in its executive team.