2:31 min
Facts & Figures
Facts & Figures
Krones significantly increases revenue, order intake and profitability in 2021
Krones recovered very well in 2021 from the pandemic-related recession in 2020. The company improved revenue by 9.4% to €3,634.5 million. Order intake increased by 30.5% and reached an all-time record level of €4,316.2 million. Krones significantly improved profitability. ...
0:52 min
Facts & Figures
Ruling
ASA: Lipton Ice Tea ad banned over recycled bottle claims
According to The Advertising Standards Authority Ltd., a poster for Lipton Ice Tea seen on a bus shelter on 13 August 2021 has been banned for misleadingly claiming that the bottles were made from 100% recycled materials.
1:23 min
Facts & Figures
Partnership
Nissei ASB Machine and Shibaura Machine enter into Memorandum of Understanding for business partnership
Shibaura Machine Co., Ltd. (Head Office: Chiyoda-ku, Tokyo, Representative Director, President and CEO: Shigetomo Sakamoto, “Shibaura Machine”) and Nissei ASB Machine Co., Ltd. (Head Office: Komoro-shi, Nagano, Representative Director, Chairman and CEO Daiichi Aoki, “Nissei ASB”) ...
1:23 min
Facts & Figures
Rebrand
PET packaging producer Putokšnis becomes DOLOOP
Putokšnis, PET preform producer in North Europe, is rebranding itself as DOLOOP. The new name reflects the company’s focus on sustainable production and zero-emission packaging solutions. The company continuously strives to reduce its environmental impact by saving electricity and ...
0:45 min
Facts & Figures
Blister Packaging
New report shows PET and rPET being considered as blister packaging PVC alternatives
Grand View Research have released a new report about the blister packaging market. The global blister packaging industry is expected to advance at 7.4% CAGR from 2020 to 2025.
3:16 min
Facts & Figures
Research
Capgemini research shows that up to 72% of consumers want to adopt circular practices, but organizations are not providing the convenience, access, information, and affordability to enable them to do so
Businesses must adopt circular economy models to meet consumer demands and mitigate future supply chain risk. As consumers become more discerning and more demanding of businesses to be responsible, they’re pivoting towards companies that engage in circular practices. According to the ...