The company also saw a decrease in its revenue, which it attributed to lower selling prices across the group.
In a strategic move to reinforce its position in the Southeast of the US, distributor of janitorial/sanitation, foodservice disposables, and industrial packaging products BradyIFS + Envoy Solutions announced it has successfully acquired PFS Sales Company.
Plastics Recyclers Europe (PRE) has provided a new manifesto, urging the EU to implement required changes and policies to achieve ‘genuine’ plastics circularity.
Sustainable moulded fibre and biomaterials company Genera has broken ground on the expansion of its Sustainable Biomaterials Campus at Vonore, Tennessee, US.
Greif has reported a net income attributable to the company of $359.2m for financial year 2023 (FY23), down by 4.6% from $376.7m in FY22.
US-based company WebstaurantStore is acquiring three new auto-boxing machines from Sparck Technologies, a fit-to-size automated packaging solutions provider.
The EU's strategy goes beyond merely outlining ambitious targets; it involves crafting a thorough roadmap for a future that is sustainable and resilient.