#huhtamaki

[prittleprattlenews]

Huhtamaki prints 12 million unique packs for the Nestlé KitKatTM #LoveBreak series

https://www.prittleprattlenews.com/food/huhtamaki-prints-12-million/

[shubhammarkspark80]

 Regional Dynamics and the Competitive Landscape

The Global Drinking Straw Market exhibits distinct regional dynamics, with North America currently holding the largest share while the Asia-Pacific region emerges as the fastest-growing market. North America accounted for the largest share of 43.67% in 2024, driven by strong environmental awareness, strict regulatory pressures, and high consumer spending power. The U.S. and Canada have enacted strict bans on single-use plastics, which has increased the demand for eco-friendly alternatives such as paper, metal, and biodegradable straws. Consumer preferences in the region are increasingly shifting toward sustainable products, particularly in the food service and retail sectors, and major chains are adopting these alternative straws. Additionally, the region's high disposable income and effective recycling and waste management infrastructure contribute to the rising demand for environmentally conscious solutions. In contrast, the Asia-Pacific region is projected to be the fastest-growing market, fueled by rapid population growth, urbanization, and rising disposable incomes. China leads in manufacturing due to its substantial production capabilities, while Japan and South Korea focus on offering premium, high-quality alternatives. Southeast Asia is also emerging as a vital market driven by the growth of the food delivery sector. Europe also maintains a significant market position, driven by stringent regulations and high consumer awareness.

The Global Drinking Straw Market growth is shaping a competitive landscape that features a mix of global players and regional specialists. Major companies operating in the market include Huhtamäki Oyj, Hoffmaster Group Inc, Transcend Packaging, Canada Brown Eco Products Ltd, Alpha Charta doo, Footprint, Tetra Pak Group, Nippon Paper Industries Co Ltd, Stora Enso Oy, Bio Agave, Absolute Custom Extrusions Inc, Simply Straws, and Stone Straws Ltd. These companies are competing on innovation, sustainability, and cost-effectiveness. The competitive intensity is increasing as manufacturers focus on developing differentiated formulations that improve product performance, sustainability, and cost. Companies are investing in faster-curing technologies, heavy-duty formulations, low-dust products, and environmentally compatible polymer systems to address evolving consumer and regulatory requirements. The market remains characterized by continuous product innovation and expanding application-specific solutions designed to improve durability while reducing environmental impact. As the market matures, the competitive advantage is shifting from simple product offerings to optimized, sustainable solutions that meet the specific demands of diverse regional markets and consumer segments.

[financexaditya]

Huhtamaki Upcoming Dividend: ₹2 per Share

Huhtamaki has announced a dividend payout of ₹2 per share.

To be eligible to receive this, you must hold the stock before the ex-dividend date on April 23, 2026.

Researching and tracking Upcoming dividend stocks is the best way to keep your passive income growing consistently.

Need a better way to organize your investments? DM me "DIVIDEND" to get your personalized Dividend Portfolio Tracker.

[psatalk]

Huhtamaki to close Malaysia production site

Huhtamaki, a global provider of sustainable packaging solutions for consumers, is planning to consolidate the production footprint in the Fiber Foodservice Europe-Asia-Oceania segment by closing its production site in Port Klang, Malaysia, by the end of Q2 2024. 

Huhtamaki will continue to serve the region by retaining distribution center in Malaysia and Thailand as well as a sales office in Singapore. The decision affects 93 employees. Huhtamaki will provide support for the impacted employees.

The aim of the consolidation is to optimize the manufacturing footprint, improve the competitiveness and strengthen the foundation for future growth in the Asia Pacific region. The announced change is part of Huhtamaki’s program to accelerate strategy implementation published in November 2023 and expected to materially support the profitability of Huhtamaki with efficiency improvements leading to savings of approximately 100 million Euros over the next three years. 

The Port Klang site planned to be closed does not represent a material share of the sales or profits of Huhtamaki. During the first and second quarters of 2024, Huhtamaki will book closure-related costs in total of approximately 13 million Euros. The costs will be booked as items affecting comparability. 

Huhtamaki's products protect on-the-go and on-the-shelf food and beverages, and personal care products, ensuring hygiene and safety, driving accessibility and affordability, and helping prevent food waste. 

Just in 2021, in order to better serve its customers and respond to future growth of the sector in Southeast Asia, the company had transferred its Malaysian manufacturing base from Penang to Port Klang, Selangor State, in Malaysia. 

[thwl76]

#burgerking #burgerkingstock #stockreplacement #stockreplenishment #huhtamaki #nachocheese #nachocheesesauce #tempurachikennuggets #chickennuggets #kerryingredients #stock #trolley #carton https://www.instagram.com/p/CjaQLxEJwi4/?igshid=NGJjMDIxMWI=

[psatalk]

Huhtamaki Foundation sets up plastic recycling plant in India

The Huhtamaki Foundation inaugurated its first recycling plant in Khopoli, Maharashtra on 2 May 2022 to help drive circularity for packaging. The site – which is spread across 2,000 square meters – will recycle about 1,600 kilograms of post-consumer used flexible plastic waste per day from early May as the plant becomes fully operational. The Central Pollution Board of India (2012) estimates that India generates close to 26,000 tons of plastic waste a day and a little over 10,000 tons a day of plastic waste remains uncollected.

The recycling plant was set up with an investment of Rs 9 crore (approximately US$ 1.2 million) as part of the Huhtamaki Foundation’s #CloseTheLoop initiative to tackle post-consumer waste to deliver a valuable secondary resource material. It will process post-consumer waste to create resin to produce refined compounds to be used for household products for consumers in India.

The recycling plant – which is said to be the first of a kind – uses advanced technology to enable the efficient sorting of post-consumer waste, hot washing to remove any contamination, extrusion with extra filtration and deodorisation. This ensures the recycled material can then be used for domestic appliances. The Huhtamaki Foundation worked with the local community and authority in Maharashtra, NGOs, social enterprises, and educational institutes – including Swachh, Stri Mukti Sanghtana, CIPET and ICT – to develop this sustainable plastic waste management system. The plant is fully operational from 2 May 2022.

“The Huhtamaki Foundation has been set up to work towards the conservation of the environment in India with a focus on driving sustainable packaging solutions and driving forward the circular economy by setting up recycling schemes. It actively advocates for alternate sustainable plastic packaging structures, solutions and ease of recyclability,” said Sunil Bhagwat, trustee of the Huhtamaki Foundation.

“Setting up the recycling plant is the first step that the Huhtamaki Foundation has taken in the direction of driving circularity. Over the next few years, we will strive to set up similar facilities in major geographies in India. We are constantly evaluating newer recycling technologies that could be deployed,” he added.

“The Huhtamaki Foundation is a charitable trust settled by Huhtamaki with a view to support the conservation of the environment in India and carry out activities in relation to plastic waste. Its focus is on sustainable packaging solutions and driving forward the circular economy by setting up, amongst others, programs in environmental sustainability and recyclability, with a view to identify, incubate and invest in opportunities designed to intercept plastics at source by collecting, sorting, processing and recycling waste so that waste gets diverted from the environment into the recycling value chain, furthering the circular economy, thereby benefitting the environment, industries and public at large,” said Marco Hilty, president Flexible Packaging Huhtamaki.

“Food packaging is instrumental in driving access to affordable food for all by ensuring hygiene and safety of food and keeping it edible for longer. Whilst the functionality of packaging can’t be compromised, further improvements in the management of post-consumer packaging waste is essential if we are to close the loop on circularity,” said Thomasine Kamerling, executive vice president of Sustainability and Communications at Huhtamaki.

In addition, closing the loop on waste handling and circularity will help in addressing some of the environmental and social impacts caused by improper waste management. Sorting waste at home is recommended as the way to prevent household waste from ending up at a landfill. By separating organic waste, plastic waste and other dry recyclables, which can be composted, recycled and upcycled, consumers can become part of the solution,” she added.

[design-law]

Does this cup infringe this design patent? That’s one of the claims in this recently-filed complaint.

[psatalk]

Huhtamaki – production of advanced smooth molded fiber packaging

Huhtamaki, a provider of sustainable packaging solutions, has strengthened its manufacturing capabilities in smooth molder fiber, a transformative and technologically advanced material which can be used to produce high-precision food packaging and replace rigid plastics.

The company’s site in Alf, Germany is switching its focus from plastics to smooth molded fiber (SMF) products to meet the growing demand for plastic-free alternatives for food packaging. In 2022, the unit plans to replace more than 2.000 tonnes of plastic with fiber. Huhtamaki’s state-of-the-art automated manufacturing site will have the capacity to manufacture up to 3.5 billion fiber products annually. This represents the first such large scale production capability in Europe.

Huhtamaki’s smooth molded fiber products are already in use by some of the world’s leading foodservice operators. The advanced manufacturing facility at Alf currently delivers fiber lids for a variety of uses and bespoke products for leading foodservice and FMCG brands, including an assortment of hot, cold and frozen applications. In contrast to polypropylene products made from fossil fuels, smooth molded fiber products are renewable, compostable and can be recycled. They are a fully sustainable alternative to similar plastic products. In addition, the wood fiber used to produce Huhtamaki’s bespoke and also generic designs is sourced from certified sustainably managed European forests. The products made in Alf have been certified for home composting (‘OK’ certification) and industrial composting.

"There is a growing demand for sustainable alternatives to plastic packaging for food. Our high precision advanced manufacturing technology enables us to produce fiber lids, trays and other products with superior performance. These products dramatically reduce the consumption of plastic – which is mostly fossil fuel-based – whilst continuing to provide the same functionality including hygiene and safety which consumers expect. Our portfolio of fiber products manufactured in Germany and our expertize in material and manufacturing innovation presents a wide range of sustainable packaging products to help customers deliver on their sustainability agenda and goals”, says Eric Le Lay, president of Huhtamaki’s Fiber Foodservice Europe-Asia-Oceania business segment.

Huhtamaki is on a journey to becoming the first choice in sustainable packaging solutions with a focus to ensure our products are recyclable, compostable, or reusable by 2030. By creating scalable and viable alternatives for plastic substitution, Huhtamaki is delivering credible sustainable food packaging options to customers, in line with its 2030 strategy.