Unwrapped: Plastic packaging matters | December 2024

This periodical covers:

Mergers & acquisitions

Amcor's acquisition of Berry Global is the largest plastic packaging deal to date. The merger will combine Amcor's expertise in flexible packaging with Berry's strength in rigid plastics and is set to reshape the competitive landscape, driving innovation and sustainability in the plastic packaging sector.

Environmental concerns

California’s lawsuit against ExxonMobil highlights growing efforts to hold corporations accountable for their environmental claims and the risks of greenwashing. Companies must align their sustainability claims with reality to avoid legal and reputational risks.

Additionally, we explore the challenges in recycling polystyrene and expanded polystyrene, particularly in food packaging. Health concerns and legislative bans are pushing the industry toward more sustainable alternatives.

Politics and legislation

The industry faces a complex and evolving regulatory environment, with significant implications from both US and international policies. Donald Trump's proposed policies, including increased tariffs and support for domestic oil and natural gas production, could significantly impact the plastic packaging industry.

Furthermore, the fifth session of the UN Global Plastics Treaty concluded without an agreement and with significant concerns about US participation under Trump's presidency. Meanwhile, the EU forges ahead with the Packaging and Packaging Waste Regulation and deposit refund schemes to meet recycling targets.