News in Numbers

UK-based projects, which are receiving a combined sum of £3.2m ($3.97m), are being funded by round two of the SSPP Challenge’s future plastic packaging solutions competition with the aim of benefitting the environment in the long-term.

On 4 April US producer of advanced materials, Epsilyte, introduced 124LR, an EPS product that is made with a minimum of 50% post-consumer recycled (PCR) content.

Industrial packaging products and services provider Greif has acquired a majority ownership of Centurion Container (Centurion) in an all-cash transaction valued at $145m.

Carton packaging and filling equipment supplier Elopak has reported a 20% reduction in scope 1 and 2 greenhouse gas emissions since 2020.

As of 31 March, the stock of Anheuser-Busch InBev, the parent company of Bud Light, has dropped by approximately 4%, causing the company’s market capitalisation to decrease from $132.38bn to $127.13bn by 12 April.