Neste to receive funding for recycling project

Neste, Finland’s oil refining and marketing company to receive funding from the EU Innovation Fund for chemical recycling project in Porvoo.   The Espoo-based company has received a positive grant decision for up to EUR 135 million from the EU Innovation Fund for the company’s project to build chemical recycling capacities at its Porvoo refinery …

CUD partners with PepsiCo to cut plastic waste

Canadian University Dubai (CUD) has partnered with global Foods and Beverages company, PepsiCo, to help promote environmental sustainability through the reduction of single-use plastic on campus.   The collaboration aims to encourage a culture of refill and reuse through the Aquafina Water Station, a new hydration platform that has already saved an average of more …

Hillenbrand to acquire Herbold for €79 million

Hillenbrand has announced its plans to acquire Herbold Meckesheim GmbH (Herbold) for an enterprise value of approximately €79 million.   The a definitive agreement is expected to close during the fiscal fourth quarter of 2022, subject to regulatory approval and customary closing conditions.   Based in Meckesheim, Germany, Herbold is a one of the leaders …

Jack Link partners with Huhtamaki for recyclable packaging

Jack Link‘s, Europe‘s largest producer of meat snacks has partnered with Huhtamaki to develop recyclable mono-material packaging.   Jack Link‘s, a family-run U.S. company and manufacturer of meat snacks, is pursuing sustainability and environmental protection in EMEA by working to switch to greener packaging for the European market, among other things.   The company, known …

Carrefour to replace plastic bags with natural alternatives

Carrefour has announced to replace single-use plastic bags at checkout counters with starch alternatives in all stores across Abu Dhabi and Dubai.   The supermarket owned and operated by Majid Al Futtaim in the UAE, will offer a sustainable alternative to plastic bags in response to the new government policy banning the use of single-use …

Mondi and Beck Packautomaten launch paper solution

Mondi, one of the global leaders in sustainable packaging and paper, has collaborated with German machine supplier Beck Packautomaten to create a functional paper solution. The FunctionalBarrier Paper can replace unnecessary plastic packaging, enabling shipments to arrive safely in sustainable and right-sized packaging.   The e-commerce market has grown significantly in recent years, accounting for …