The sum has been awarded by the Business Research and Innovation Initiative (BRII) Proof-of-Concept programme to develop next-generation, circular polymer wine bottles that protect wine quality, cut carbon emissions and strengthen the competitiveness of Australian wine at home and abroad. This follows a AU$100,000 (£50,000) feasibility grant previously awarded by the BRII, which funded an initial study demonstrating the technical viability of Packamama’s plastic bottles and wine preservation potential of around four years.

“Our Consumer Packaging segment will be one can business representing steel, aluminum and paper cans, closures and components,” said Howard Coker, President and Chief Executive Officer. “This new structure will create a much simpler and more efficient operating model that will also allow our teams to be agnostic about the substrates we offer to our customers. I truly believe this integrated structure – driven geographically – will lead to further innovation, collaboration and growth opportunities.”

RAIKU has developed a 100% natural packaging material that offers luxurious aesthetics and excellent shock absorption. The material is one of the lowest carbon footprint materials in the world as the company has brought to the market a radically more efficient production process than traditional industries reporting over 90% resource reduction.

In a continued push toward environmental responsibility, Amazon is strengthening its sustainable packaging approach by prioritizing waste reduction, recyclable materials, and packaging innovation across its global operations. The initiative is part of the company’s broader sustainability framework aimed at minimizing environmental impact while maintaining product protection and delivery efficiency.

BIS has revised standards for construction insulation materials and liquid food packaging with implementation after July 2026. The updates include Amendment No. 1 to IS 8183:2024 for mineral wool insulation and new specifications for packaging cartons. The changes affect manufacturers serving construction, infrastructure, and food processing sectors, with India's mineral wool market projected to grow from $1.07 billion in FY25 to $1.77 billion in FY33, and carton packaging market expected to expand from $6.58 billion in 2024 to $10.98 billion by 2033.

Butterfly Equity (“Butterfly”), a Los Angeles-based private equity firm specializing in the food and beverage sector, today announced the completion of its acquisition of ePac Holdings (“ePac” or the “Company”) from its investor consortium, including Amcor and Indevco North America. ePac is the global leading producer of digitally printed flexible packaging, with a strong position across the consumer-packaged goods (“CPG”) landscape.