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آرشیو برچسب های: elopak

Elopak Selects Little Rock, Arkansas for Its New Liquid Carton Production Plant

Elopak has announced plans to build its first U.S. production plant with the latest state-of-the-art technology for the production of Pure-Pak® cartons for liquid dairy, juices, plant-based products and liquid eggs.

The new production facility will be located in Little Rock, Arkansas and is expected to start production in the first half of 2025. It represents a significant investment for the region of around USD 70 million including the land, the building and the equipment.

In a statement, Elopak said, “Following the investment announcement in June 2023, the company has evaluated different financing opportunities and concluded to own and fully finance the plant on the balance sheet. Hence, the nominal cost of the investment will be recognized in the balance sheet instead of the discounted value of the lease payments, increasing the reported investment by around USD 15 million.”

This is economically more profitable for Elopak compared to partly leasing, which was assumed in June.

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4evergreen alliance moves from guidance to action at Annual Conference: “The Pathway to Circularity”

More than 150 people joined in Brussels and online to celebrate the 3-year anniversary of 4evergreen at a conference recognizing the alliance’s achievements so far and exploring how to maximize industry uptake of 4evergreen’s circularity toolbox.

“After three years of intense work, we have a set of resources that is open to everyone”, said Hans Wortman, 4evergreen Chair. “It is now the turn of companies, partners, and public authorities to use them and continue paving the way to Europe’s green future”.

With the Packaging and Packaging Waste Regulation being voted on the same week in the European Parliament, a highlight of the conference was a policy panel exploring how fiber-based packaging can continue to lead on sustainability and circularity in the new policy landscape.

“We are optimistic that, upon the adoption of the proposal for the Packaging and Packaging Waste Regulation (PPWR), we can collectively make it work. Acknowledging that we don’t possess all the solutions, our commitment is to stay engaged with the industry and environmental organizations. Together, we aim to identify economically efficient solutions that align with the sustainability expectations of consumers,” said Aurel Ciobanu Dordea, Director, European Commission, Directorate-General for Environment, Circular Economy.

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Elopak to build new manufacturing plant in US

Elopak has announced that it will build a new plant in the USA to better serve its customers in the Americas and accelerate growth in the region.

Elopak will invest around $50 million (including lease liability) in the new plant over the period 2023 – ۲۰۲۴. The investment will be financed by utilizing Elopak’s existing Revolving Credit Facility. The plant is expected to commence production in the fourth quarter of 2024 and will create more than 100 new jobs.

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Russian packaging sector facing with the deepest crisis in its modern history

The Russian packaging sector is facing with the deepest crisis in its modern history, as the ongoing military conflict between Ukraine and Russia and unprecedented sanctions, imposed on the country have resulted in the massive exodus of global packaging producers from the local market and posed a threat of the shortage of packaging in the country.

 

 

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