World demand for caps and closures is projected to rise 5.3 percent per year to $46 billion in 2016. Value gains will be supported by raw material price increases and greater use of value-added closures such as dispensing, child-resistant, and tamper-evident types. Unit advances will be driven by the continued popularity of single-serving bottles in the beverage market and further inroads by plastic containers into closureless packaging segments such as metal cans. These and other trends are presented in World Caps & Closures, a new study from The Freedonia Group, Inc., a Cleveland-based industry market research firm.
The Foodservice Packaging Institute has overhauled its website to provide new value to its members and serve as the foremost source of information about foodservice packaging. The updated site, fpi.org, coincides with FPI’s 80th anniversary as the leading trade association for the North American foodservice packing industry.
Nestlé is celebrating its first wind energy project in the world with the hosting of two wind turbines at its Nestlé Waters North America (NWNA) bottling plant in Cabazon, CA. The turbines will provide wind power for 30 percent of the facility where the company produces its Arrowhead® and Nestlé® Pure Life® brand bottled waters.
Wendy’s introduces a new contemporary logo to appear in Wendy’s advertising, on product packaging, crew uniforms, new restaurant signage, menu boards and digital assets. The evolved logo is contemporary and iconic, as it further emphasizes the Wendy cameo while retaining the familiar Wendy’s “wave” design.
The Sustainable Forestry Initiative® announced it will deliver up to $400,000 in 2013 to support research into responsible forestry practices through the SFI Conservation and Community Partnerships Grant Program.
Online registration is open for PACK EXPO Las Vegas 2013 (Sept. 23–25; Las Vegas Convention Center), and show owner and producer PMMI promises the richest, most solutions-driven event to date.
Visiongain’s analysis indicates that the global fast moving consumer goods (FMCG) packaging market will reach a value of $436.5 billion in 2013, as emerging market demand for FMCG products and demographic changes in the developed world heighten the demand dynamics in the FMCG packaging markets. The FMCG packaging market is therefore forecast by Visiongain to record solid growth over the next decade.
H.J. Heinz Company announced that it has entered into a definitive merger agreement to be acquired by an investment consortium comprised of Berkshire Hathaway and 3G Capital.
Allied Development Corp. publishes “Barrier Materials for Rigid Packaging 2013 to 2017”, a global industry report which provides in-depth analyses of the barrier materials that are used for the production of rigid barrier packages. The study focuses on seven materials that provide desirable low-level oxygen transmission rates (OTR) between zero and 77.5cc/m²/day (5 cc/100 in²/day). The principal barrier materials reported on in the study include glass containers, PET resin, steel sheet, aluminum sheet, transparent oxide-coated containers, EVOH resin, and nylon resin
The continuing importance of openability as the packaging issue that most concerns consumers will be underlined by Payne managing director Martin Dallas at EasyFairs Packaging Innovations at the NEC in February.