Packaging

With the signing of the sale, Advent will withdraw the IPO application from Sebi, said one of the sources

Berry's shares were up 4.4 per cent before the bell. Amcor shares were up about 1 per cent

Tails Trading Group, a UK-based supplier of multi-category consumer packaged goods led by an Indian entrepreneur, has announced the sale of its private labelling arm to a large international investor consortium for GBP 395 million. The group's labelling division has been a key supplier of a wide range of products including food and beverages, personal hygiene items, small domestic appliances and household cleaning products, with its diverse client base made up of large retailers, hotels, airlines and regional importers across North America and Europe. Terming this as a strategic move marking a significant milestone in his company's evolution, Siddharth Shankar, CEO of Tails Trading Group, said in a statement this week: We welcome this bid and are confident that the business and its social impact are safe, if not in better hands, with the new management. According to the group statement, the investor consortium is led by energy major NetOil and includes companies from the consumer ..

Uflex said the packaging films business gained substantial momentum in Q1FY25 quarter, fueled by improved contribution margin in India

The Consumer Affairs Ministry on Sunday proposed an amendment to the Legal Metrology (Packaged Commodities) Rules, 2011, seeking to mandate the declaration of key information on pre-packaged commodities weighing over 25 kg or measuring more than 25 litres sold in retail markets. The move aims to close a loophole that currently exempts such bulk packages from displaying crucial details like maximum retail price (MRP), best before date, manufacturer information, and country of origin. "It is observed that packaged commodities above 25 kg are also available in the market for retail sale, which is not as per the intention to make all declarations on pre-packaged commodities meant for retail sale," the ministry said in a statement. The proposed amendment would require manufacturers, packers, and importers to provide comprehensive labelling on all pre-packaged goods intended for retail sale, regardless of quantity. This is expected to bring clarity to the industry and aid consumers in ..

Dr Reddy's Laboratories is recalling over 8,000 bottles of a generic medication used to prevent rejection of a transplanted organ from the US market due to a packaging error, according to the US Food & Drug Administration. The Hyderabad-based drug major is recalling 8,280 bottles of Tacrolimus capsules from the US market for "presence of foreign tablets/capsules" in the affected lot. One 0.5 mg Tacrolimus capsule was found in a bottle of 1 mg Tacrolimus capsules, the USFDA stated in its latest Enforcement Report. The affected lot was produced at Dr Reddy's Bachupally-based plant near Hyderabad. New Jersey-based Dr Reddy's Laboratories, Inc has initiated the nationwide (US) Class II recall on December 15, 2023. As per the USFDA, a Class II recall is initiated in a situation in which use of, or exposure to, a violative product may cause temporary or medically reversible adverse health consequences or where the probability of serious adverse health consequences is remote. Dr Reddy'

Amazon has designed a new machine that makes recyclable, made-to-fit paper packages for products

The recent directive emphasised on QR code as an effective means to achieve this

The government on November 17, 2020, notified the norms under the Food Safety And Standards (Labelling and Display) Regulations, 2020, for producers, retailers, and servers

The Consumer Affairs Ministry has proposed printing the percentage of two or more major constituents used in a commodity visibly on the front side of the packaging for the benefit of consumers, and sought comments from the stakeholders by month-end. This comes as the ministry has observed that many manufacturers, packers and importers are not making important declarations prominently on the front side of the package, which is necessary in the interest of consumers and also violate their consumer right of "Right to be informed". "The declaration of unique selling point/unique selling proposition (USP) of the product on the front side of the package without its percentage of composition is against the consumer rights," the ministry said on its website. In the interest of consumers, the ministry has proposed amendment to the Legal Metrology (Packaged Commodities) Rules, 2011 to include the following sub-rule. In case a commodity contains more than one constituent, "the front side of t

TCPL is well positioned to cater to the growing demand for sustainable packaging solutions from leading brands and continues to support efforts towards facilitating a waste-free world.

SEA executive director BV Mehta said that several oil companies in India have been resorting to the unfair practice of packing the oil at a higher temperature to reduce the weight

It is gearing up to make the six billion paper straws per annum needed by FMCG companies

Dairy major Amul feels prices will remain "firm" going forward due to increased pressure from energy, logistics and packaging costs, a top official said on Tuesday

The acquisition of COPPL has strengthened TCPL's diverse portfolio with the foray into the high-potential rigid boxes space targeting the growing smartphone & electronics industry.

Taking forward the clarion call given by Prime Minister Narendra Modi to eliminate single-use plastics, the environment ministry has notified comprehensive guidelines on EPR on plastic packaging

DCGpac, which has sold over 200 million products across India so far, is growing more than 15 per cent month-on-month by revenue. It turned EBITDA positive this September

Clause 4.3 of Institute Cargo Clauses (C) says that in no case will insurance cover loss, damage or expense caused by insufficiency or unsuitability of packing or preparation of subject matter insured

Flipkart has also ensured it is fully compliant with all EPR rules and through its network of recyclers, the equivalent quantity of single-use plastic going to consumers is fully recycled

Any sharp rise in raw material prices or softening of FMCG demand could hurt prospects