One Rock Capital Partners agreed to acquire packaging manufacturer Constantia Flexibles from Wendel for net proceeds of around EUR 1.1 billion. Closing is expected in the second half of 2023, subject to regulatory approval.

Depak Company Limited received approval to raise its investment in a packaging factory at Bim Son Industrial Park, Thanh Hoa, from VND85 billion to VND394.2 billion (about $14.74 million). The plant will make carton packaging and plastic wood products, with operations expected 37 months after land handover.

Berry Global, Deaconess Midtown Hospital and Nexus Circular launched an initiative to recycle non-hazardous, sterile plastic packaging and non-woven fabric from the hospital's Surgical Center, about 500 lbs per week. Waste streams are sent to Evansville Packaging Systems for auditing and separation.

Berry Global was selected to provide two freezer-safe packaging solutions, a 21-litre SuperCube container and a 280ml UniPak container, for Gat Foods' premium fruit juice concentrates. The announcement was made on 2023-07-21.

LyondellBasell acquired a 50 percent stake in Stiphout Industries B.V., a Montfort, Netherlands plastic packaging waste processor, announced on 19 July 2023. The stake supports its QCP recycling assets in Belgium and the Netherlands.

Mitsubishi Chemical UK began construction of a new production line that will double capacity for its SoarnoL EVOH packaging polymer at Saltend Chemicals Park in Hull, a multi-hundred-million-pound investment. The line is expected to be operational by mid-2025 and create at least 30 direct jobs.

Tetra Pak and Axjo Group are working together on a planned recycling plant in Gislaved, Sweden, for polyAl layers from carton packaging, with up to 10,000 tonnes annual capacity. The collaborative investment is up to EUR 24 million, with operations expected from 2025.

Martogg is commissioning its Circular AU food-grade plastic recycling facility in Melbourne, expected to be operational before year end 2023. The plant will reprocess plastic packaging waste into food-grade recycled plastics.

Kantek (CANTEC) plans to expand its polymer packaging plant in Stavropol's Energiya industrial park with total investment estimated at 3 billion roubles, in seven production lines, with launch not earlier than 2026 and about 6,000 tonnes per year capacity by 2034.

According to banking sources reported by KED Global, US private equity firm TPG agreed to buy a 100% stake in South Korean cosmetic packaging supplier Samhwa at a price in the mid-300 billion won range, about $236.9 million, with CEO Cho Seong-hwan buying a minority stake back.

Snetor signed a joint venture agreement with Coansa in San José, Costa Rica, on July 3, 2023, creating Coansa Snetor and providing for Snetor to acquire up to 51% of Coansa's plastics distribution business in Costa Rica, Guatemala and El Salvador.

Italian packaging group Goglio acquired Mega Embalagens, a Brazilian maker of flexible packaging for food, hygiene and pet food, in July 2023. Terms were not disclosed.

Alpla will invest about EUR 8 million in a third extrusion line at its Radomsko recycling plant, raising food-grade rPET capacity from 30,000 to 54,000 tonnes a year and creating 12 jobs.

ExxonMobil made its first commercial sale of certified-circular Exceed PE polymers in India to UFlex, produced using its Exxtend advanced recycling technology, for use in flexible food packaging.

Emballator Group agreed to acquire Europak Oy, an Espoo-based maker of blow-moulded plastic canisters with about EUR 8 million turnover; closing is expected on 1 September 2023 and the price was not disclosed.

Pact Group is investing more than $76 million in new packaging manufacturing equipment across its Australian operations to produce recycled packaging. The investment is currently underway as of June 2023.

Pact Group signed a strategic partnership to supply recycled plastic packaging for ALDI Australia's own-brand products, manufactured at its New South Wales, Victoria and Queensland facilities. The deal was announced on June 29, 2023.

Sarantis Group completed on June 14, 2023 the acquisition of the 20% minority stake in Poland-based packaging maker Polipak sp. z o.o. for 22 million PLN via its subsidiary Sarantis Polska, giving it full ownership.

Tomypak Holdings Bhd, via its subsidiary Tomypak Flexible Packaging, proposed to acquire a 70% equity interest in flexible plastic packaging firm EB Packaging Sdn Bhd for RM73.5 million, with completion expected in Q4 2023.

Plastilene Group opened its Sustainable Food Packaging Innovation Center at the Rocktenn building in Washington Court House, Ohio, its first US facility, on Wednesday June 7, 2023. The $47 million facility is expected to create 58 new jobs.

SB Packagings and Constantia Flexibles have finalised their joint venture after CCI approval, under which SB Packagings acquires C-Flex India entities (Creative Polypack, Aparna Paper, Vibgyor, Parikh Flexibles) in a share swap, with Premji Invest as shareholder.

Asahi/America opened its newly constructed 59,000-square-foot fabrication facility in Paulina, Louisiana, for large-scale thermoplastic pre-fabrication. The facility operates as Asahi/America - PPI and was celebrated with a grand opening on June 1, 2023.

Constantia Flexibles and SB Packagings have finalised a joint venture, SB-Constantia Flexibles, to make sustainable food and hygiene packaging in India and South Asia, with investment from Premji Invest after Competition Commission of India approval. The JV operates nine plants.

Stora Enso laid the foundation stone on 30 May 2023 for a new high-volume consumer board line in Oulu, Finland, with capacity up to 750,000 tonnes of renewable packaging materials, due in 2025.

ALPLA Group acquired the iTEC Packaging (Mansfield) business, a producer of closures mainly for dairy, in the UK. The takeover was contractually agreed on 26 May 2023 and the staff will be taken over in full. Terms were not disclosed.

Perint, a plastic packaging manufacturer, is building a new 15,000 square meter production and warehouse building on a three-hectare plot in the Sorzha-Staraya industrial zone, Vsevolozhsky district, Leningrad Region. The one billion ruble investment is expected to take about two years and will raise output from 4.5 to 6.5 million units per day.

Coral Products has completed commissioning of in-house volume manufacturing for ECODECK floor grids after a £2.1 million investment in new machinery and re-tooling, allowing it to insource £3 million per year of previously outsourced products. The announcement was made on 20 March 2025 at its Wythenshawe site.

Coral Products subsidiary Tatra Rotalac signed an exclusive three-year agreement with a leading UK distributor of BRC packaging containers to supply ice cream and food containers, expected to generate £1.5-2.0 million in sales per year. The announcement was made on 20 March 2025 in Wythenshawe, Manchester.

Aliaxis, through its Finnish subsidiary Unari Holding Oy, announced on 22 May 2023 a voluntary all-cash public tender offer at EUR 25.75 per share for all Uponor shares. The offer is conditional on acceptance above 50 percent and is expected to complete in early Q4 2023.

Braintree District Council awarded Paramount Packaging (UK) Ltd a one-year supply contract of up to 5 million pink recycling sacks worth £122,500 on 22 May 2023.

good natured Products signed a two-year contract to supply GoodGuard tamper-evident Bio-PET packaging to a regional US snack food producer, produced at its Houston, Texas facility. Revenue of about USD 1.2 million is expected in the first year, with first shipment in Q3 2023.

TIPA Compostable Packaging acquired Bio4Pack, a European compostable packaging maker, on May 4, 2023. The deal adds paper packaging, trays and nets to TIPA's range and brings sales staff and warehousing in the Netherlands and Germany.

LyondellBasell agreed to acquire Veolia Belgium's 50% share in Quality Circular Polymers, becoming sole owner of the plastic recycling joint venture with facilities in Belgium and the Netherlands.

Alongside the Esterpet deal, Biffa Polymers made a minority investment in its sister company Esterform, a manufacturer of PET preforms. The stake size and value were not disclosed.

Biffa Polymers announced the acquisition of Esterpet Ltd, a PET plastic recycler with a facility near Leeds that converts 25,000 tonnes of plastic flakes a year into pellets. The deal extends Biffa's recycled PET capability.

Versalis, the chemicals unit of Eni, agreed to buy Novamont, a bioplastics and biochemicals company backed by NB Renaissance. No deal value was given in the article.

Alto Partners S.G.R. acquired a majority stake of about 71% in Lario Plast S.r.l., a maker of HDPE and PET bottles, through its Alto Capital V private equity fund. Proactiva Strategy M&A advised Lario Plast on the deal.

Belgian bottle maker Resilux plans to expand its Bucharest PET preforms factory by about 30% under a EUR 3 million investment, including a new rPET pellets production line, according to sources cited by Profit.ro.

Plastopil's wholly owned subsidiary completed the purchase of Polishak, a MOPE film maker for flexible packaging based at Nir Yitzhak, for about NIS 22 million plus about NIS 9 million of acquired inventory. Polishak exports about 98% of output mainly to Europe and the US.

Aliaxis is investing €14 million to transform its Philmac pipe fittings plant in North Plympton, Adelaide, raising capacity by 40% with automation, with full operation expected in 2025.

Aliaxis announced plans to build a €48 million greenfield manufacturing plant in Telangana, India, creating about 500 jobs, with production expected in 2024.

Mauser has added a new plastics drum line at its Durban plant, enabling production of UN-certified tight-head drums in 210, 232 and 250 litre sizes.

Imaflex Inc selected Bandera U.S. to supply a 2400 3-layer SmartFlex line and a 2400 5-layer Barrier Flex line. The investment will increase Imaflex's capacity, with first line installation scheduled for the first half of 2023.

Paragon Films held a groundbreaking in April 2023 for a 70,000-square-foot expansion of its stretch film plant in Taylorsville, North Carolina.

Charter Next Generation plans a 200,000-square-foot specialty film expansion in Milton, Wisconsin, as part of a broader $270 million investment in Wisconsin.

Berry Global began a 25,000 sq ft expansion of its Lewisburg, Tennessee stretch film facility, adding cast lines and 10 jobs, for completion by early 2024.

Sintex-BAPL transferred its two- and four-wheeler plastic-moulded automotive components business to Plastauto for Rs 110 crore under a business transfer agreement signed March 29, 2023.

Welspun Corp, through subsidiary Mahatva Plastic Products, completed the acquisition of insolvent Sintex-BAPL for Rs 1,251 crore on March 29, 2023. The deal was made under an NCLT-approved resolution plan.

TricorBraun entered an exclusive agreement to supply BioBottles biodegradable plastic bottles to the nutraceutical industry in the US and Canada. The bottles use Symphony Environmental's d2w oxo-biodegradable technology, developed by Better Earth.

Fost Plus has contracted Morssinkhof Plastics Belgium, part of Morssinkhof Rymoplast, to build a plastic packaging recycling plant in Lommel, Belgium, expected to be operational in October 2024 and recycling about 40,000 tonnes per year.