TASKI acquires NSS Enterprises

International beauty packaging manufacturer and provider Quadpack and Aptar Beauty + Home, worldwide leader in the design and manufacturing of beauty dispensing solutions, have jointly developed a refillable lipstick which pushes the boundaries of sustainability and sensory appeal in makeup packaging. In a spirit of collaborative innovation, the two companies have blended their respective expertise in wood and stick mechanisms to create a product that delivers a great consumer experience: the Iconic Woodacity® Lipstick. Jeremy Garrard, Quadpack’s Director of Market Development, said, “This has been a project firmly based on shared value. Aptar is a respected partner with whom we have a strong history of collaboration. Now, we are leveraging each other’s complementary technologies, market positioning and customer base, to create a refillable makeup solution that really makes a difference.” Sergi Berthet, Vice-President, General Manager Beauty EMEA at Aptar, said, “This solution combines Aptar’s expertise in mechanisms for prestige lipsticks, with Quadpack’s know-how in high-end wood solutions. Our partnership has led to an innovative and premium refillable lipstick, which illustrates our common goal of a sustainable future for packaging”.

TC Transcontinental Packaging is pleased to announce that it has won the Gold award for Sustainability with its compostable peanut bag at the 2018 Flexible Packaging Achievement Awards Competition. Developed internally at Transcontinental Ultra Flex, the new flexible peanut bag was designed using certified compostable materials to support arenas and stadiums’ green initiatives and help sports teams, venues, and leagues achieve the next level of landfill waste diversion. This award celebrates TC Transcontinental Packaging’s commitment to sustainability, especially to ecodesign, as it strives to design products that take into consideration the environmental impacts of the product during its entire life-cycle. “The chief benefit of the new bag is that it reduces the amount of labour previously devoted to the manual sorting of materials collected during clean-up after games. The economic benefit is the lowering of overall waste management costs for the venue and the environmental benefits of this package center around the use of renewable resources and its easy inclusion into the venue managed composting program,” said Todd Addison, Vice President, Business Development at TC Transcontinental Packaging. “It is a great honour to be recognized by the industry for setting a new bar for packaging sustainability. Our customers can count on us to always look for new materials, new technologies and new techniques to create brilliant packaging that meets today’s consumer needs.” Click Read More below for additional information.

Huhtamaki accelerates strategy implementation by starting a program which is expected to materially support the profitability of Huhtamaki with efficiency improvements leading to savings of approximately EUR 100 million over the next three years. All cost levers will be addressed including potential restructuring to a more optimal manufacturing footprint, reducing input costs at an accelerated pace, and improving productivity globally. The costs of the program are expected to be approximately EUR 80 million, which upon materialization will be treated as items affecting comparability. The program’s performance will be monitored and communicated on a regular basis. Huhtamaki’s updated 2030 growth strategy was announced in March 2023. It is focused on scaling the profitable core for growth, innovating in sustainable packaging solutions for additional growth, and delivering world-class operational performance. With this updated strategy the Company raised its long-term financial ambition to grow 5-6% p.a., reach 10-12% adjusted EBIT%, and deliver 13-15% adjusted ROI.