Paragon Films Brings Patent Infringement Lawsuit against Berry

Revolution Sustainable Solutions LLC, Little Rock, Arkansas, has acquired PolyAg Recycling Ltd., a Canada-based mechanical recycler of agricultural films. Established in 2019, PolyAg offers local recycling of used agricultural film through its recycling facility in Bashaw, Alberta. This acquisition aligns with Revolution’s growth in the agricultural film space, having invested more than $20 million to expand its manufacturing facility in Little Rock, Arkansas, by 36,000 square feet in 2020. The expansion supports the production of various polyethylene products made from recycled materials, including construction film, agricultural film and geomembrane film, by adding two blown film lines. As previously reported by Recycling Today, the film lines are able to produce more than 40 million pounds of film products annually.

Sonoco has announced its position as a joint development partner and investor in the Plant City, Fla.-based robotics company Harvest CROO Robotics. “This partnership solidly aligns with our focus on improving the supply chain for fresh produce by connecting harvesting technology with new packaging technology,” said Sonoco CEO Rob Tiede. “Efforts to improve harvesting efficiency, decrease food waste and extend freshness life are key focus areas for us as we expand into fresh food packaging.” Click Read More below for additional information.

Huhtamäki Oyj has signed a EUR 400 million syndicated multicurrency revolving credit facility loan agreement (“RCF”) with a maturity of three (3) years. The RCF refinances an existing EUR 400 million credit facility signed in January 2015 and will be used for general corporate purposes of the Group. The RCF has two one-year extension options and the interest margin is tied to three sustainability indicators: 1. Share of renewable or recycled material in products 2. Share of non-hazardous waste recycled 3. EcoVadis rating. “This new financing agreement speaks to how Huhtamaki is serious about its ESG ambitions. By directly linking sustainability to our financing, we are taking yet another step in embedding sustainability in everything we do,” says Thomas Geust, CFO of Huhtamaki.