India CMO News

Related Contract Packaging Industry News

• April 2023: TruArcPartners, a private equity fund, invested in Trademark Cosmetics (TCI) to pursue continuous expansion and support brand partner success through organic initiatives and strategic mergers and acquisitions (M&A). TCI's formulation and production capabilities and strong customer-service focus proved important in its growth and will be the primary driver for future progress and expansion.
• February 2023: BASF created healthy beauty through R&D innovation and sustainable lifestyles. Themed around "Sustainable technology perfects healthy beauty," BASF showcased its innovative personal care solutions at the "2023 Personal Care and Homecare Ingredients" (PCHi). Apart from sunscreen, cleansing, and skincare products that mark the defining feature of BASF, new arrivals, Postbiolift, and Phytocine,- impress visitors at the trade show. BASF relies on an extensive network of contracted services to manufacture its chemicals. It is committed to building lasting relationships with companies that share its commitment to safety, sustainability, and lean manufacturing.

• In June of 2022: Glenmark Pharmaceuticals introduced the cutting-edge fixed-dose combination (FDC) medication Indacaterol + Mometasone for patients with uncontrolled asthma in India. The business introduced this FDC under the name Indamet. Glenmark is the first business in India to commercialize the ground-breaking FDC of Indacaterol, a long-acting beta-agonist, and Mometasone Furoate, an inhaled corticosteroid that has been authorized by the Drug Controller General of India (DCGI),
• In May 2022: Sun Pharma announced that one of its wholly-owned subsidiaries plans to launch a first-in-class oral drug, Bempedoic Acid, in India for reducing Low-Density Lipoprotein (LDL) cholesterol. The company will launch the drug under the brand name 'Brillo.'
• In March 2022: The Mumbai-based pharmaceutical business Themis Medicare Ltd. announced that the Drug Controller General of India had approved their antiviral medication VIRALEX (DCGI). In mild to moderate Covid-19 sufferers, the medication aids in the early treatment of clinical symptoms, according to the findings of double-blind, randomized controlled trials (RCT).

• April 2023 - Hotpack, a UAE-based manufacturer and supplier of disposable packaging is set to launch a SAR 1 billion (USD 266 million) specialized food packaging program in Saudi Arabia to manufacture environmentally friendly products. The packaging unit will be responsible for the production of packaging that is both sustainable and recyclable.
• January 2023 - Crown Paper Mill unveiled the news of the acquisition of 90,000 Square meters of land in Jubail 2 in Saudi Arabia to address the ever-growing demand for paper packaging across the region. The company’s new paper machine, with 65,000 MT of Jumbo roll per year, is expected to be operational in the final quarter of 2024.

• March 2023 - 3A Composites Holding ag develops CRYLUXre and PERSPEXre are acrylic sheet materials that are made utilizing 100% reused methyl methacrylate (rMMA), obtained from PMMA scraps and waste. The rMMA is acquired from the depolymerization of acrylic sheets and fluid waste coming from our own creation. The material that has been recycled can be used again and again, saving raw materials and reducing waste.
• April 2022 - Epson showcased its new wide graphic printing solutions at ISA 2022. The company participated in ISA International Sign Expo in Atlanta. It revealed its latest advancements in comprehensive technology designed for the sign, graphics, and visual arts community, including Epson SureColor R-Series and V-Series. This allows businesses to drive their business, expand offerings and help improve revenue growth.

• April 2023: TruArcPartners, a private equity fund, invested in Trademark Cosmetics (TCI) to pursue continuous expansion and support brand partner success through organic initiatives and strategic mergers and acquisitions (M&A). TCI's formulation and production capabilities and strong customer-service focus proved important in its growth and will be the primary driver for future progress and expansion.
• February 2023: BASF created healthy beauty through R&D innovation and sustainable lifestyles. Themed around "Sustainable technology perfects healthy beauty," BASF showcased its innovative personal care solutions at the "2023 Personal Care and Homecare Ingredients" (PCHi). Apart from sunscreen, cleansing, and skincare products that mark the defining feature of BASF, new arrivals, Postbiolift, and Phytocine,- impress visitors at the trade show. BASF relies on an extensive network of contracted services to manufacture its chemicals. It is committed to building lasting relationships with companies that share its commitment to safety, sustainability, and lean manufacturing.

• January 2023 : KEZAD Group, the trade, logistics, and industrial hub of Abu Dhabi, announced the signing of a 50-year land lease agreement with specialty tissue manufacturer Star Paper Mill for the establishment of a new facility to manufacture recycled Kraft Paper Jumbo reels, diversifying the company's product offering to serve a growing demand for biodegradable packaging papers in the UAE.
• November 2022 : HotpackGlobal, a significant disposable packaging company, opened a manufacturing facility in Qatar. The cutting-edge manufacturing facility is a specialized factory that will create a wide range of Hotpack'spaper products, including folding and corrugated cartons, paper bags, and cups. It is situated in Doha's new industrial region.

• February 2023 - Amcor and MHI partnered on trials to determine a novel recycle-ready blister package that could be produced in large capacities and at high speeds to promote sustainable pharmaceutical packaging. A key aspect of Amcor's sustainability success is that the company's blisters and lids are made from HDPE. If they differ, the entire product is sent to the landfill rather than the recycling center.
• January 2023 - Vermacare'srange of safe medical containers, Sharpsafe, announced its fifth generation of harm-reduction pharmaceutical containers for hospitals. This new Sharpsafe is manufactured from recyclable materials with reduced carbon footprints.

• September 2022: GlenroyInc., a sustainable, flexible packaging company, and Nature Nate's Honey Co. (Nate's), the honey manufacturing company in the United States, partnered to provide customers with the innovative, sustainable, and squeezable technology of the premade stand-cap pouch. The premade stand-cap pouch from Glenroy solved a world full of rigid plastic bottles. This innovative, squeezable honey packaging provided a gravity-fed, no-drip, sustainable solution for Nate's 100% pure, raw, and unfiltered honey.
• May 2022: ProAmpac acquired Specialty Packaging Inc., a family-owned specialty paper, film, and foil packaging manufacturer for the fast-food and food service industries. With this addition, the company enhanced its reach with food-service customers and expanded its footprint to the southern United States.

• August 2022 - Nestle Ice Cream Uses Paper Pack, Online Wine Merchant Launches Paper Bottle; Paper Manufacturer creates translucent barrier paper. Nestlé Hong Kong announced that its Kit Kat stick ice cream packaging is moving from plastic to paper, a first for the Innovation Zone. The packaging comprises 100% pure pulp, certified by the Forest Stewardship Council (FSC). Further, British online wine merchant Laithwaites announced that it launched its first wine offering in a paper-based bottle. The bottle is made of 94% recycled board with a recyclable plastic pouch.
• July 2022 - Sonoco announced that the company was expanding post-consumer recovery and recycling options for paper cups in mixed paper bales for use as raw materials at its Hartsville, South Carolina, paperboard facility to create new paperboard. According to prior verification, rigid paper cans in mixed-paper bales from home Material Recovery Facilities are accepted at all of Sonoco's paper mills in the United States. The Hartsville mill will now take paper cups with this most recent declaration.

• February 2022: Huhtamaki signed a 12-year Virtual Power Purchase Agreement (VPPA) with NextEra Energy Resources, a subsidiary of LLC. NextEra Energy Resources is the largest global renewable energy generator from the wind and sun. The 42 MW agreement on renewable energy covered about 30% of the current electricity demand of the Hutamaki business in the United States &Mexico and has 18 manufacturing units.
• January 2022: SABIC, Mars Petcare, and Hutamaki took the next step in their pet food packaging collaboration using circular polypropylene (PP) certified from SABIC's TRUCIRCLE portfolio and used in packaging solutions for leading cat food SHEBA brands. Huhtamaki used the certified circular polymer as a phthalate-free and gel-controlled film layer, which lent the flexible pouches high impact strength and puncture resistance even at low temperatures below -20°C.