Optima Packaging Group has opened a new sales and service office in Riyadh, Saudi Arabia, as part of its ongoing expansion in the Middle East.

INEOS Styrolution, a producer of high-performance styrenics, has launched its 100% 'bio-attributed' polystyrene (PS), Styrolution PS 158K BC100, for food packaging applications.

Alternative investment company Stonepeak has signed a definitive agreement to acquire a 50% co-controlling interest in IFCO Group, a provider of reusable packaging solutions for fresh foods.

Veolia, a UK-based resource management company, has initiated a £70m ($95m) plastics recycling project, featuring the country’s reportedly first 'tray-to-tray' closed-loop polyethylene terephthalate ...

Berlin Packaging, a hybrid packaging supplier, has acquired Italian company Cosmei, further expanding its footprint in the beauty and cosmetics industry.

These technologies work at tiny scales to enhance barriers for fresher products, add safety features, and enable packaging that monitors conditions in real time.

Facing rising regulations and changing consumer demands, companies are accelerating M&A to scale operations, adopt new technologies, and boost sustainability.