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The Australian and New Zealand businesses of Pro-Pac Packaging (PPG), excluding Perfection Packaging, have been sold to Consolidated Packaging Australia, a subsidiary of Knoxcorp, the privately owned Australian investment company headed by Jim Knox.
Schütz Australia is expanding its packaging collection and reconditioning activities in Victoria through the acquisition of ContainerSave and DrumSavers.
Avantium N.V. and Packamama have signed a capacity reservation agreement for Avantium’s plant-based polymer PEF, branded as Releaf. The polymer is produced using Avantium’s YXY Technology.
