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Science and nutrition company Royal DSM has been celebrated for its omega-3 fatty acids made from natural marine algae rather than fish oil from wild-caught fish.

Fortune Magazine’s 2018 Change the World list mentioned DSM’s positive social impact for the third consecutive year.

Veramaris, DSM’s joint venture with Evonik, was developed for animal nutrition applications, helping support life below water by reducing impact on ocean resources.

Fortune also praised DSM’s contributions to The Ocean Cleanup, a non-profit aiming to rid the world’s oceans of plastic through advanced technology.

DSM supports their mission by sharing facilities, materials knowledge and networks.

Packaging News

Global metal packaging manufacturer Jamestrong opened a new $15 million, future-proofed, can making facility in Auckland, New Zealand last night, catering to the burgeoning infant formula market. PKN was there.

Full year results for packaging giant Orora have with underlying net profit after tax (NPAT) up 4 per cent to $217m, earnings before interest and tax (EBIT) 3.7 per cent higher to $335.2m and earnings per share (EPS) up 3.7 per cent to 18 cents per share.

Pact Group has cited the drought, weaker demand from the agri and food & beverage sectors, and higher raw material and energy costs as contributing to the FY19 loss.