NEWS

Food & Beverages

Cosmo Films Announces BOPP Expansion and 1st interim Dividend

New Delhi, September 16 th , 2021: Cosmo Films Limited, a Global Leader in Films for Packaging, Labelling, Lamination and Synthetic Paper and an emerging player in Specialty Chemicals, Polymers & Pet care today announced expansion by setting up the world’s largest BOPP film production line at Aurangabad with annual rated capacity of 67,000 MT. The BOPP line will require investment of about Rs. 350 crores to be funded through internal accruals and debts and is expected to be commencing commercial production within FY 2024-25.

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FMCG

Manjushree Technopack Buys Packaging Company Classy Kontainers

Advent International backed Manjushree Technopack Limited (MTL), one of India’s largest packaging companies, on Monday announced the acquisition of Classy Kontainers, India’s largest custom-molded rigid packaging supplier, for an undisclosed sum to further consolidate its presence in the fast growing segment.

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Sustainability

Used Tetra Pak Cartons Turned into Furniture!

Uttarakhand, India, September 16, 2021: Next time you sip a juice/milkshake and toss that carton in the waste, pause for a moment! For you can do your bit to ensure that the pack doesn’t end up in a landfill. Well known NGO, Waste Warriors has recently installed a bench & a table made of recycled Tetra Pak cartons at Dehradun Zoo. The idea behind the installation of this kind of furniture is to raise awareness among consumers about the segregation of waste at source, and recycling.

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Sustainability

ZeroPlast : Bioplastics from Crop Residue

As a Master’s student at the Indian Institute of Science Education and Research Pune, Aditya Kabra would often go on clean-up drives on nearby trekking trails to remove plastic waste. However, he realised that clean-up drives are a temporary fix: plastics kept accumulating quickly. About this time, Kabra met Kadhiravan Shanmuganathan, a scientist at the CSIR- National Chemical Laboratory in Pune, who was working on developing cellulose-based plastic alternatives. They decided to join forces and form Zeroplast in 2019.

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Food & Beverage

Toppan Develops New Barrier Coated Paper for Packaging

Tokyo – September 17, 2021 – Toppan (TYO: 7911), a global leader in communication, security, packaging, décor materials, and electronics solutions has developed a new barrier coated paper that provides high water vapor barrier performance and outstanding flex resistance and is suitable for a wide range of contents and packaging shapes. Sample shipments of “GL-X-P” to manufacturers in a broad spectrum of industries worldwide, including food and toiletries, will begin in September, with the launch of full-scale sales scheduled for spring 2022.

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Sustainability

SCG Chemicals And Braskem To Study Joint Investment Into Bio-based Ethylene Production For Bio-based Polyethylene In Thailand

Bangkok – 10 September 2021 Braskem the largest biopolymer producer in the world has signed a memorandum of understanding (MOU) with the SCG Chemicals, one of the largest integrated petrochemical companies in Thailand and an industry leader in Asia, to perform studies to jointly invest in a new bio-ethanol dehydration plant in Thailand to produce bio-ethylene and bio-based polyethylene.

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