Latest news with #packaging
Yahoo
4 hours ago
- Business
- Yahoo
ValorFlex Packaging invests $23.4m to build new plant in Kentucky
ValorFlex Packaging, based in Kentucky, US, is allocating $23.4m to build a production site in the city of Bowling Green. This development will generate 82 new positions locally. Established by US Marine Corps veteran Thomas Hazlette, ValorFlex caters to national customers in various sectors. It focuses on pouch production, lamination, and flexographic printing services. Its client base spans the food, pet food, tobacco, and health and beauty markets. Hazlette said: 'This is more than an expansion - it's a homecoming. We chose Bowling Green because it embodies the values we believe in - a dedication to people, a focus on workforce, and a strong community. 'It's the perfect place for our team to grow, and we're proud to call it our New Kentucky Home.' A recent purchase has greatly enhanced ValorFlex's operational scope and market presence. The Bowling Green plant will act as the company's central hub, and it will drive ongoing expansion and innovation for the veteran-led company. The choice to move to Bowling Green highlights the area's pro-business climate. The region boasts strong logistics and a skilled workforce. Local officials see the investment as a clear endorsement of Warren County's potential. Kentucky governor Andy Beshear said: 'Kentucky's manufacturing industry continues to grow and propel our state's economy forward. 'As companies from coast-to-coast look to expand and relocate businesses, many are quickly realising the commonwealth checks every box as one of the most business-friendly environments in the country. 'ValorFlex's relocation will be a welcome addition to Bowling Green and the local economy, providing quality job opportunities for the region's workforce. I look forward to the company's future success here in Kentucky.' "ValorFlex Packaging invests $23.4m to build new plant in Kentucky" was originally created and published by Packaging Gateway, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
4 hours ago
- Business
- Associated Press
The Boxery Launches Customizable Boxes to Ship, Tailored for Small Business Needs
The Boxery launches customizable boxes to ship, enabling small businesses to create branded packaging at low costs. 'Small businesses can now use our customizable boxes to ship to strengthen their brand identity affordably, creating memorable unboxing moments.' — CEO NY, UNITED STATES, June 28, 2025 / / -- The Boxery , a trusted leader in packaging solutions, today unveiled its new line of customizable shipping boxes explicitly designed for small businesses. Launched to empower e-commerce entrepreneurs and retailers, these boxes to ship combine affordability, durability, and personalized branding to elevate customer experiences and drive brand loyalty in a competitive market. With the global e-commerce market projected to reach $8.1 trillion by 2026, small businesses face increasing pressure to stand out. The Boxery's customizable boxes address this challenge by offering tailored packaging solutions that transform standard shipping into a powerful marketing tool. Available through the company's 'Box Bargains' section and custom packaging services, these boxes enable small businesses to print logos, vibrant designs, or personalized messages at wholesale prices, ensuring high-quality branding without incurring significant costs. Elevate your small business with The Boxery's boxes to ship. Visit to create a memorable unboxing experience that keeps customers coming back! 'Our customizable boxes to ship are a game-changer for small businesses looking to make a lasting impression,' said the CEO of The Boxery. 'We've been serving businesses for over 20 years, and we understand that affordable, high-quality packaging can turn a one-time buyer into a loyal customer. These boxes are designed to help entrepreneurs compete with big brands.' The Boxery's new offering comes at a critical time. According to a 2024 Ipsos survey, 72% of consumers say that packaging design influences their purchasing decisions, and 80% are more likely to buy from brands that offer personalized experiences. The Boxery's boxes meet these demands with features that cater to small business needs: - Flexible Customization: Choose from one-color logos to full-color designs, printed on sturdy corrugated cardboard or lightweight poly mailers. - Wide Range of Sizes: With over 1,000 box sizes, we ensure a perfect fit for products, reducing waste and shipping costs. - Eco-Friendly Options: Made with over 80% recycled materials, the boxes are curbside recyclable, appealing to eco-conscious consumers. - Bulk Discounts: Affordable pricing and same-day shipping make it easy for businesses to scale operations. These features align with 2025 packaging trends, where unboxing experiences drive social media engagement. A 2024 Forbes report notes that 55% of U.S. online shoppers subscribe to at least one product box, highlighting the demand for memorable packaging. The Boxery's customizable boxes are designed to create shareable moments, with options for window cut-outs or QR codes linking to promotions, turning deliveries into interactive experiences. Small business owner Maria Lopez, who runs an online boutique, shared her experience: 'The Boxery's customizable boxes have transformed my brand. My customers love the vibrant logo on their packages, and I've seen a 30% increase in repeat orders since switching to these boxes. They're affordable, and the quality is unmatched.' The Boxery, headquartered in New York, has built a reputation for reliability, offering a vast inventory of packaging supplies, including corrugated boxes, mailers, and bubble wrap. With warehouses strategically located across the U.S., the company ensures fast delivery, often shipping orders within 24 hours. Its commitment to sustainability—using biodegradable, locally produced corrugated boxes—further strengthens its appeal to environmentally conscious businesses. The launch also addresses the growing demand for cost-effective branding solutions. Small businesses, often constrained by tight budgets, can leverage The Boxery's wholesale pricing to access premium packaging typically reserved for larger retailers. By offering custom printing without minimum order quantities, The Boxery removes barriers, enabling startups to compete in the $393 billion packaging market. About The Boxery The Boxery is a premier packaging supplier based in New York, specializing in high-quality shipping boxes, mailers, and supplies for businesses and individuals. Founded over 20 years ago, the company is committed to affordability, sustainability, and customer satisfaction, offering over 1,000 box sizes and eco-friendly solutions. Owner of The Boxery The Boxery +1 877-826-9379 email us here Visit us on social media: Instagram Facebook X Legal Disclaimer: EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Irish Times
11 hours ago
- Business
- Irish Times
Paul Coulson faces last stand in battle to retain control of Ardagh
Ten years ago last month, Dublin businessman Paul Coulson walked away from a €3 billion deal to buy a glass-bottle business being sold by French building materials group Saint-Gobain. It seemed a rare moment of restraint for a man in a hurry, having spent the previous 15 years turning a once sleepy Irish bottle company into a multibillion-euro packaging giant – Ardagh Group – through a series of purchases funded by debt raised in the high-cost, junk-bond market. It would not last long. Less than a year later, Coulson unveiled a similar-sized transaction, but one that would catapult Ardagh into the business of making cans for beers and fizzy drinks. Today, that business – Ardagh Metal Packaging (AMP), whose customers range from Coca-Cola and Heineken to Nestlé – has surfaced as a prized asset as Coulson and holders of some of wider group's $12.5 billion (€10.7 billion) of borrowings scramble to salvage what they can from an empire saddled with too much debt. Coulson effectively owns 36 per cent of Ardagh Group. READ MORE Ardagh Group has acknowledged for more than a year that it needs to reduce its liabilities, after both its glass and beverage cans businesses had been hit since the Covid-19 pandemic by inflation, soaring interest rates, and soft consumer demand on both sides of the Atlantic. The heavily-indebted business proposed in March that a group of senior unsecured bondholders write off much of the $2.32 billion they are owed in exchange for taking full ownership of the glass containers part of the business. The plan also envisaged Ardagh Group spinning its shares in AMP into new company (NewCo). This would be 80 per cent owned by Coulson and other existing Ardagh Group shareholders – with the unsecured creditors receiving the remaining 20 per cent. Holders of a further $1.79 billion of the group's riskiest debt, so-called payment-in-kind bonds issued by a holding company at the top of the Ardagh corporate tree, know they're toast, with these notes trading below 5 per cent of their original value. Talks with the unsecured creditors broke down in May after they pitched a proposal that would see them take 40 per cent, rather than 20 per cent, of AMP, which has seen its prospects improve in recent quarters, even as the glass containers arm of the group continues to grapple with weak demand. The unsecured creditors also wanted the $784 million of preference shares they were being offered in the NewCo to be increased to $1.07 billion. AMP, in which Ardagh Group has a 76 per cent stake, is listed on Wall Street, where investors have also recently come to appreciate the improving outlook for this business – even as the glass side struggles. The market value of AMP, which has $3.98 billion of ring-fenced borrowings, has jumped more than 45 per cent to $2.59 billion so far this year. This was driven by a spike in April when its chief, Oliver Graham, signalled that the business had 'turned a corner', helped by a rebound in demand for energy drinks, sparkling water and health segments. The value of Coulson's indirect 27 per cent stake in AMP has increased as a result to more than $700 million. This is well off the $1.7 billion it was worth when the stock debuted on the New York Stock Exchange almost four years ago. It is also a fraction of the now 73-year-old's €2.4 billion interest in the wider Ardagh Group when it peaked in April 2021 – before the group delisted and floated its beverage cans unit. It emerged last week that certain bondholders have offered Coulson – who remains on the board of the group, having retired as chairman in late 2023 – and other investors in Ardagh Group $250 million to hand over total control of the empire to creditors and walk away. Shareholders include management and investors that remained on board a tiny version of the current group that was listed in Dublin more than two decades ago. The bondholders clearly do not feel the need to keep Coulson on after a restructuring. This differs from the case of fellow former junk-bond darling, Denis O'Brien , when his overindebted Digicel mobile phone company ran out of road two years ago. Digicel had no equity value when its bondholders took control in a subsequent debt-for-equity swap. However, the creditors left O'Brien with a 10 per cent stake and stock warrants that would entitle him to a further 10 per cent, subject to the company meeting certain targets, knowing they needed him to maintain key relationships with regulators and politicians across its 25 emerging and, in some cases, frontier markets. The problem for Ardagh Group bondholders is the corporate web structure – including a company set up in April 2022, at a time when interest rates were soaring globally, under the group to hold its 76 per cent stake in AMP. This was designated a so-called unrestricted subsidiary, putting its assets out of reach of group creditors. The directors of that subsidiary sought fit last year to set up another unit to hold the prized asset. Bondholders thinking they can wave off Coulson and a small number of legacy investors in Ardagh Group with a $250 million check had better have the bottle for a battle.
Yahoo
a day ago
- Business
- Yahoo
UK report calls for 30 percent packaging reuse target by 2035
A new report has urged the UK government to adopt a legally binding target for 30 percent of consumer packaging to be reusable by 2035, in a bid to curb waste and reduce the environmental impact of single-use packaging. The study, titled A 30% Reuse Future for the UK, was published by Reuse and Refill, a coalition of environmental groups, retailers, and packaging innovators, including Greenpeace, WRAP, Abel & Cole and the Ellen MacArthur Foundation. It outlines a roadmap for scaling reusable packaging systems across sectors including grocery, personal care, e-commerce and food service. The report estimates that a national 30 percent reuse target could cut annual carbon emissions by over 2.5 million tonnes—the equivalent of taking 1.6 million cars off the road. This shift would also eliminate over 1.5 million tonnes of plastic and cardboard packaging waste each year. Campaigners argue that reuse systems could generate cost savings for retailers over time, compared with continually sourcing new single-use materials. At present, only 1–2 percent of consumer packaging in the UK is reusable. The report suggests scaling this to 10 percent by 2030 and reaching 30 percent by 2035. To reach these targets, the report proposes a combination of regulation, infrastructure investment and incentives. These include standardising reusable packaging formats, introducing mandatory reporting requirements, and providing start-up funding for reuse pilots. Organisations backing the report stress that voluntary initiatives alone will not deliver meaningful change. They call for clear government policy to encourage industry-wide adoption of reuse systems and suggest integrating reuse targets into extended producer responsibility (EPR) schemes. Consumer interest in refillable and returnable packaging has been growing, particularly in the grocery and personal care sectors. Retailers such as M&S, Co-op and Tesco have trialled reuse schemes, while delivery platforms including Abel & Cole and Loop have explored circular packaging models. Despite early trials, uptake has been slow without regulatory backing. The report argues that stronger legislation could create a level playing field and accelerate business investment in reusable packaging systems, ultimately reducing reliance on single-use plastic and improving the UK's waste management outcomes. "UK report calls for 30 percent packaging reuse target by 2035" was originally created and published by Packaging Gateway, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Zawya
a day ago
- Business
- Zawya
South Africa: How Petco saved 76,000m³ of recyclable packaging in 2024?
Petco released its annual results for the collection and recycling of post-consumer packaging. The results indicate that it has met the legislated targets for 99% of the tonnage of identified products placed on the market by its members in 2024. Petco's efforts saved 76,000m³ of South Africa's scarce landfill space in 2024. The organisation's 29 members – which include major brands such as Coca-Cola, PepsiCo, Tiger Brands, and Tetra Pak – represent most of the PET plastic beverage bottles and liquid board packaging (LBP) placed onto the South African market. According to the newly released audited data, Petco's efforts saved 76,000m³ of South Africa's landfill space – the recyclable packaging thus diverted would fill 2,324 standard, six-metre shipping containers. Petco CEO Telly Chauke said the organisation was pleased to have met the targets set by the Department of Forestry, Fisheries and the Environment for the identified products registered with the organisation. 'We're particularly delighted with the success of our new EPR scheme for liquid board packaging, which saw us achieve a more than 200% increase in its collection and recycling rate last year. 'In only our second year of administering a scheme for these cartons, we've collected and recycled three times the volume compared to 2023.' Chauke said the significant leap in LBP collection and recycling rates was a validation of Petco's operating model, which is based on building sustainable value chains for the post-consumer packaging for which the organisation administers schemes. PET bottles and jars Following the implementation of mandatory extended producer responsibility (EPR) legislation three years ago, Petco had also met the annual collection targets for PET bottles and jars, and their associated closures and labels, and increased these rates year on year, she said. 'Our model, which is informed by 20 years' experience as an industry body, has seen us grow the collection for recycling of post-consumer PET bottles and jars from 16% of those placed on market in 2005 to nearly 76% of what our members place on the market today. 'With over 70% of our members' PET bottles and jars now successfully recycled, our goal is to achieve similar results for LBP in the long term.' Since 2023, when Petco introduced an EPR scheme for LBP, strategic industry-driven infrastructure investments have seen LBP collection and recycling rates triple from 8% each to 24% and 26% respectively. Enhancing collection and recycling A key focus for 2024, Chauke said, was partnering with member Tetra Pak in the deployment of a team of buy-back centre liaison officers and regional recycling officers to enhance the collection and recycling of LBP nationwide. Serving as contact points to strengthen linkages between buy-back centres, waste pickers, municipal authorities and industry stakeholders, the team's role is to address regional collection challenges and foster local solutions. 'Petco's distinct value offering to members is having a team on the ground dedicated to ensuring the flow of materials to our recyclers,' she said. Aside from their daily operations, Chauke said the team conducted over 200 on-site activations last year at buy-back centres in all provinces, where they met with waste pickers and business owners to demonstrate the value of collecting LBP. Partnership-based approach As a composite material, LBP's recycled material output comprises 75% paperboard, and 25% poly-aluminium, the latter of which can be turned into end-uses such as school desks, and low-cost building materials. Chauke said Petco's partnership-based approach involved a delicate balance of working to unlock the feedstock for these recyclers by providing support for collection on the ground, growing end-use demand for the recycled materials, and encouraging the development of recycling capacity. In 2024, Petco spent R70m on financial support for the value chain, which enabled its contracted recycling partners to purchase approximately R470m in post-consumer packaging materials from small businesses. This creates monetary value in collecting materials, enabling the money to flow down the value chain to waste pickers. 'We recognise that SMMEs form an integral part of the value chain and are the gateway to unlocking greater tonnages of better quality, post-consumer recyclable packaging. 'So, we provide support, often in partnership with municipalities or corporate entities, offering equipment, mentorship and training to capacitate these businesses to grow. 'Whilst unlocking collections, the work we do in supporting SMMEs also begins to unlock economic advantages for the economically marginalised.' Recycling awareness In 2024, Petco trained over 4,700 beneficiaries at recycling awareness workshops and accredited business training sessions countrywide and provided equipment support to 47 SMMEs. The PRO also partnered with 59 municipalities from district to local level to support their waste management efforts. 'Working with the government is a key aspect of the Petco model because it helps to scale and maintain sustainable initiatives. By providing support for separation-at-source projects and infrastructure development, we assist municipalities to discharge their duty, so that our producers can meet their obligations and investment can thrive,' Chauke said. 'Ultimately, growth is Petco's driving force – growing our footprint, our technical abilities and capacity to grow South Africa's circular economy, while keeping valuable recyclable packaging out of the environment and landfills.' All rights reserved. © 2022. Provided by SyndiGate Media Inc. (
