Green Bay Packaging acquires Ohio packaging company (recyclingtoday.com)

Tetra Laval, the group which comprises Tetra Pak, Sidel and DeLaval is donating power and heat generators to a value of EUR 10 million as humanitarian aid to the people of Ukraine, currently suffering major power shortages as a result of the Russian war on Ukraine. The equipment, including more than 200 generators, will be donated directly and with immediate release to Ukrainian authorities for onward distribution to the areas worst affected by the lack of power in the country. “I am grateful to Tetra Laval for its donation which helps us restore Ukraine’s energy system. Russian missile terror seriously damaged it and left millions of Ukrainians without normal access to power, water, and heating amid freezing winter temperatures. With help of partners and friends, we stand strong. In these circumstances, Tetra Laval demonstrates an example of great social responsibility and solidarity. We will always remember this and kindly encourage other responsible Swedish businesses to follow suit,” says Mr. Dmytro Kuleba, Minister of Foreign Affairs of Ukraine.

Today we announce a series of ambitious climate targets. This includes a science-based target which requires at least a 40% reduction of CO2 emissions per tonne of product by 2030, compared to 2019 levels, and a commitment to reach Net Zero* emissions by 2050. These targets will be validated by the Science Based Targets initiative** as being in line with the goals of the Paris Agreement. To further underline our ambition and commitment, we are also announcing our membership of the UN’s Race to Zero. "I’m delighted DS Smith has joined the UN’s Race to Zero. It is great to see a company with an ambitious 2030 target and commitment to reach Net Zero by 2050. DS Smith is making great progress against its previous carbon reduction targets, tackling the challenges associated with decarbonising the paper and packaging sector. Business plays a key role in driving the UK’s transition to a low carbon economy, with over 40 of the FTSE100 now signed up to the UN’s Race to Zero, I hope this announcement inspires other companies in the sector to take action." — Andrew Griffith MP, former business advisor to the PM and current UK Net Zero Business Champion

Novolex, an industry leader in packaging choice, innovation, and sustainability, announced it has acquired the business of Flexo Converters USA, Inc. and certain of its affiliates. The intention to acquire was originally announced May 17. Flexo is a manufacturer of stock, custom and recycled paper bags, and sacks. A family-owned business, Flexo was founded in 1994. It is headquartered and has a manufacturing facility in Meriden, CT and an additional plant in Monroe, GA. Flexo products will be sold under the Novolex Duro Bag® brand. The addition of Flexo products to the Novolex portfolio will enable Duro to support customer demand through Flexo’s production capacity. Novolex has seen a significant increase in demand for paper bags and sacks as consumer purchasing patterns have shifted.