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Most notable among these was its purchase of the industrial packaging business of Finnish company Huhtamaeki Van Leer Oyj in 2000 for $620 million, which doubled the size of the company. [ 6 ] On February 11, 2019, Greif completed the acquisition of Caraustar Industries, a manufacturer of recycled materials and paper products with locations in ...
Reuse of. boxes and other containers has been common for many years. For example, the automotive industry has long used reusable racks, totes, and boxes. [4] One type of “closed loop box reuse” was used by Jack D. and James F. Wilson, coinventors of supportive devices developed to keep cardboard box flaps closed or held open without the use of tape. [5]
Such packaging replaces traditional corrugated cartons, thereby helping companies cut costs by avoiding wastage and effort required in disposing the cartons. It also helps in reducing the environmental footprint of the automotive industry. Other advantages of using returnable packaging include avoiding damages to parts in while in transit.
It deals with reclaiming used packaging, as well as unsold and end-of-life products that must be available for recycling or reuse. [2] By taking back waste and packaging, appropriate and environmental-friendly recycling of the product’s components and materials can be ensured while at the same time reducing the amount of waste brought to ...
In February 2008, Amcor announced the construction of a 400,000-tonnes per annum recycled paper mill located at its existing paper mill in Botany, New South Wales. [12] The 'B9' paper machine, so named as it was the ninth paper machine to operate at the Botany Mill, was commissioned in 2012 and was officially opened by the Premier of New South Wales, Barry O'Farrell, on 1 February 2013. [12]
Companies have long been reusing and recycling packaging when economically viable. Using minimal packaging has also been a common goal to help reduce costs. Recent years have accelerated these efforts based on social movements, consumer pressure, and regulation. All phases of packaging, distribution, and logistics are included. [11]
Image credits: DavyCrockPot19 "I think this ultimately comes down to price and convenience. Plastic is cheap for companies to buy (far cheaper than more eco-friendly alternatives anyway), yet it ...
The Reusable Industrial Packaging Association (RIPA) is a trade association for North American manufacturers, reconditioners, packagers, suppliers, and distributors of industrial packaging. [1] RIPA was founded in 1942 and is headquartered in Rockville, Maryland in the United States. [ 2 ]