Latest news with #PPWR
Yahoo
29-05-2025
- Business
- Yahoo
Packaging faces disruption from new market forces
The global packaging industry is undergoing significant transformation, driven by evolving consumer demands, regulatory changes, and technological advancements. A recent report by McKinsey & Company, titled "No Ordinary Disruption: Winning with New Models in Packaging 2030," outlines five key trends poised to reshape the sector over the next decade. The rapid growth of e-commerce is placing increased pressure on packaging systems. As online shopping becomes more prevalent, there is a heightened need for packaging solutions that ensure product protection during transit, optimize space, and meet sustainability criteria. This shift necessitates innovations in packaging design and materials to accommodate the unique challenges of e-commerce logistics. Environmental concerns and regulatory measures are pushing the packaging industry toward more sustainable practices. The European Union's Packaging and Packaging Waste Regulation (PPWR) aims to reduce packaging waste and promote recyclability. In response, companies are exploring biodegradable materials, reusable packaging systems, and designs that facilitate recycling. These efforts align with the broader goal of establishing a circular economy within the packaging sector. Advancements in digital technology are enabling smarter packaging solutions. The integration of QR codes, RFID tags, and IoT devices allows for real-time tracking, improved inventory management, and enhanced consumer engagement. These technologies also support sustainability by providing information on recycling and product origins, thereby fostering transparency and informed consumer choices. As the packaging industry navigates these transformative trends, companies are encouraged to invest in research and development, adapt to changing consumer preferences, and collaborate across the supply chain to remain competitive in a rapidly evolving market. "Packaging faces disruption from new market forces" was originally created and published by Packaging Gateway, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Yahoo
28-05-2025
- Business
- Yahoo
Packaging faces disruption from new market forces
The global packaging industry is undergoing significant transformation, driven by evolving consumer demands, regulatory changes, and technological advancements. A recent report by McKinsey & Company, titled "No Ordinary Disruption: Winning with New Models in Packaging 2030," outlines five key trends poised to reshape the sector over the next decade. The rapid growth of e-commerce is placing increased pressure on packaging systems. As online shopping becomes more prevalent, there is a heightened need for packaging solutions that ensure product protection during transit, optimize space, and meet sustainability criteria. This shift necessitates innovations in packaging design and materials to accommodate the unique challenges of e-commerce logistics. Environmental concerns and regulatory measures are pushing the packaging industry toward more sustainable practices. The European Union's Packaging and Packaging Waste Regulation (PPWR) aims to reduce packaging waste and promote recyclability. In response, companies are exploring biodegradable materials, reusable packaging systems, and designs that facilitate recycling. These efforts align with the broader goal of establishing a circular economy within the packaging sector. Advancements in digital technology are enabling smarter packaging solutions. The integration of QR codes, RFID tags, and IoT devices allows for real-time tracking, improved inventory management, and enhanced consumer engagement. These technologies also support sustainability by providing information on recycling and product origins, thereby fostering transparency and informed consumer choices. As the packaging industry navigates these transformative trends, companies are encouraged to invest in research and development, adapt to changing consumer preferences, and collaborate across the supply chain to remain competitive in a rapidly evolving market. "Packaging faces disruption from new market forces" was originally created and published by Packaging Gateway, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Post
16-05-2025
- Business
- Business Post
We can't recycle our way out of crisis
Despite a welcome and significant rise in sustainability awareness and activity from consumers, progress on circularity, which requires a fundamental shift in thinking from waste management to resource management, remains slow. To truly embrace a circular economy, we need to transition from a linear take-make-waste model into a circular model where all material outflows become new material inflows. The challenge is that we can't simply recycle our way out of this crisis. Globally, we produce over 2 billion tonnes of solid waste annually, enough to fill 1,933 Olympic-sized swimming pools every single day. Only 19 per cent of this is recycled and looped back into manufacturing processes, with most of this recycling being secondary recycling (downcycling). Put simply, not enough products are being designed for circularity, and consumers are the ones paying the price. The recently introduced EU Regulation 2025/40 on Paper and Packaging Waste (PPWR) outlines measures to shift producer mentality and inspire innovation in packaging minimisation and sustainable design. In Ireland, compliance is facilitated through sector-specific extended producer responsibility (EPR) schemes, allowing producers to partner with organisations that meet recycling targets on their behalf, charging a proportional fee for recovery and administration. This EPR scheme applies to various sectors and product types across the EU, including waste electrical and electronic equipment and single-use plastics, with member states having the autonomy to identify problematic products and scale regulations accordingly. While the EPR system has been successful in achieving sector-specific and product-specific outcomes, it has raised several barriers to driving circularity and encouraging a shift to a circular model. Firms need to see circularity as an opportunity for transformation and revenue growth Historically, many organisations have viewed waste regulations as compliance liabilities rather than opportunities to cut costs and generate profit, like the treatment of plastic bag levies, which charge a flat fee based on tonnage without encouraging waste reduction. While organisations have improved data quality on waste tonnages, they remain disconnected from actual collection and recycling efforts, leading to the loss of valuable resources that could be reintegrated into manufacturing to lower new material costs. This disconnect has resulted in missed cost-saving opportunities. Secondly, where organisations are incurring significant liabilities related to packaging waste, producers have been driven to share these costs between a decrease in margin and increased costs for consumers through mechanisms such as deposit return schemes. As a result, it has not yet driven the culture shift that regulators were hoping for, where an opportunity to save on your EPR liabilities and waste management costs would in turn self-fund research and development into more sustainable product material inputs. Our recent Future Consumer Index research, involving over 22,000 consumers globally, including 500 in Ireland, reveals that while sustainability is important, nearly 72 per cent of respondents want healthier, sustainable products to be more affordable. Additionally, 83 per cent believe brands should take responsibility for making their products more sustainable without passing on extra costs to consumers. By failing to invest in sustainable products and packaging, many producers risk eroding their competitive advantage. Lastly, regulations have unintentionally driven siloed approaches to product development. While sector-specific waste reduction targets have created economies of scale and pooled resources for recovery, the siloed approach has hindered cross-sector collaboration, preventing the reuse of waste products as material inputs in other processes. For instance, construction waste can be repurposed as aggregate for new roads and fly ash from coal combustion can partially replace cement in concrete. Businesses must shift from a compliance-driven mindset to one that sees circularity as an opportunity for transformation and revenue growth. This involves designing for circularity, adopting a systems thinking approach and collaborating with policymakers to align economics. To succeed, businesses should be proactive and consider these three approaches. Firstly, designing for circularity enables organisations to improve resource efficiency and cut costs by minimising waste and raw material use. It enhances brand reputation and customer loyalty by showcasing a commitment to sustainability, while ensuring regulatory compliance and avoiding penalties. Additionally, by promoting repairability through eco-modulation, organisations can generate revenue by selling spare components to consumers unable to afford full replacements. Secondly, systems thinking enables organisations to manage complexity, navigate uncertainty, balance trade-offs, and avoid biases that hinder targeted strategy development. It fosters cross-sector collaboration on waste minimisation by identifying overlaps in material outputs and inputs, creating new revenue opportunities through product line development and selling material outputs to organisations in need of them as inputs. Finally, it's essential to align economics with a compelling business case for change. Finance is the backbone of the economy, influencing production and procurement decisions. The flow of financial resources, managed by key institutions, determines which ideas are funded and supported. By linking EPR liabilities to product recyclability rather than just material waste, organisations can justify investments in R&D for material alternatives that lower financial liabilities. While circularity poses challenges, organisations that view it as a differentiator can future-proof themselves through new revenue streams, reduced waste management costs, improved logistics via efficient packaging, and diversified product offerings.
Korea Herald
13-05-2025
- Business
- Korea Herald
SUQQU launches sustainable makeup compact with Eastman Cristal™ One
TOKYO, May 13, 2025 /PRNewswire/ -- Prestige beauty brand SUQQU has unveiled a new setting powder housed in a compact crafted from Eastman Cristal™ One copolyester. Recognizing the need for a suitable alternative to acrylonitrile butadiene styrene (ABS) in the base plate of its compact, SUQQU partnered with Eastman. Together, the two companies identified that Cristal One not only fulfilled SUQQU's rigorous functional criteria but also maintained a luxury aesthetic. This recyclable resin helped SUQQU offer its consumers a sustainable alternative in its iconic compact. Eastman's Cristal One portfolio provides an end-of-life solution for cosmetics brands. The specialty PET is recognized by both the Association of Plastic Recyclers (APR) and RecyClass as being compatible with the resin identification code 1 (RIC1) stream, which means it can go directly into most municipal recycling systems. As global sustainability regulations continue to evolve, SUQQU has designed its luxury compact to align with the European Commission's Packaging and Packaging Waste Regulations (PPWR) and is continuously working toward achieving full compliance. Cristal One enhances both the durability and aesthetics of cosmetics packaging. The copolyester demonstrates superior performance compared to other candidate materials, such as PET, particularly excelling in drop impact resistance after secondary processing. "Consumers are increasingly expecting brands to deliver sustainable options for their beauty products but are unwilling to give up on the elegance and design aspects of the package," said Tara Cary, Eastman marketing manager for cosmetic packaging. "By adopting materials like Cristal One, brands like SUQQU meet these aesthetic demands and also contribute to environmental responsibility." Cristal One also meets the stringent requirements of SUQQU's design and performance standards. It allows for perfect shape while providing a deep, glossy black finish that enhances the product's luxury appeal. This could not be done with the ABS the brand previously used. "Consumers love that this product is beautiful, durable and reusable," Cary said. "It allows them to do their part to contribute to the environment, and it's also designed to look like a fashion accessory that's so beautiful you just want to show it to everyone." The sustainable makeup compact is available online and in stores in Japan and overseas. For more information, visit Since the setting powder launched with the adoption of Cristal One in February, the product has sold well within the market. It has significantly exceeded SUQQU's expectations, achieving over 187% of its monthly target sales. SUQQU's parent company, Kao, has used Eastman's materials for many years. The company has stated that Eastman is its first choice for professional support, technical service, marketing and quality products. About SUQQU Founded in 2003, SUQQU is a prestigious Japanese beauty brand renowned for its high-quality skincare and makeup products. SUQQU comes from the Japanese expression for "a figure standing tall." Graceful, independent, vibrantly silky. The name signifies the image of a dignified and graceful woman. SUQQU responds to the needs of changing lifestyles, values and times while helping you to beautifully evolve with them. That is SUQQU's unchanged mission since its birth. SUQQU resonates with the kind of individuals who know values and genuine qualities, who choose products with inherent value to themselves, those with sophisticated taste, rich experience & mature, refined sensibility. About Eastman Founded in 1920, Eastman is a global specialty materials company that produces a broad range of products found in items people use every day. With the purpose of enhancing the quality of life in a material way, Eastman works with customers to deliver innovative products and solutions while maintaining a commitment to safety and sustainability. The company's innovation-driven growth model takes advantage of world-class technology platforms, deep customer engagement, and differentiated application development to grow its leading positions in attractive end markets such as transportation, building and construction, and consumables. As a globally inclusive company, Eastman employs approximately 14,000 people around the world and serves customers in more than 100 countries. The company had 2024 revenue of approximately $9.4 billion and is headquartered in Kingsport, Tennessee, USA. For more information, visit Media Contact:
Yahoo
13-05-2025
- Business
- Yahoo
SUQQU launches sustainable makeup compact with Eastman Cristal™ One
TOKYO, May 13, 2025 /PRNewswire/ -- Prestige beauty brand SUQQU has unveiled a new setting powder housed in a compact crafted from Eastman Cristal™ One copolyester. Recognizing the need for a suitable alternative to acrylonitrile butadiene styrene (ABS) in the base plate of its compact, SUQQU partnered with Eastman. Together, the two companies identified that Cristal One not only fulfilled SUQQU's rigorous functional criteria but also maintained a luxury aesthetic. This recyclable resin helped SUQQU offer its consumers a sustainable alternative in its iconic compact. Eastman's Cristal One portfolio provides an end-of-life solution for cosmetics brands. The specialty PET is recognized by both the Association of Plastic Recyclers (APR) and RecyClass as being compatible with the resin identification code 1 (RIC1) stream, which means it can go directly into most municipal recycling systems. As global sustainability regulations continue to evolve, SUQQU has designed its luxury compact to align with the European Commission's Packaging and Packaging Waste Regulations (PPWR) and is continuously working toward achieving full compliance. Cristal One enhances both the durability and aesthetics of cosmetics packaging. The copolyester demonstrates superior performance compared to other candidate materials, such as PET, particularly excelling in drop impact resistance after secondary processing. "Consumers are increasingly expecting brands to deliver sustainable options for their beauty products but are unwilling to give up on the elegance and design aspects of the package," said Tara Cary, Eastman marketing manager for cosmetic packaging. "By adopting materials like Cristal One, brands like SUQQU meet these aesthetic demands and also contribute to environmental responsibility." Cristal One also meets the stringent requirements of SUQQU's design and performance standards. It allows for perfect shape while providing a deep, glossy black finish that enhances the product's luxury appeal. This could not be done with the ABS the brand previously used. "Consumers love that this product is beautiful, durable and reusable," Cary said. "It allows them to do their part to contribute to the environment, and it's also designed to look like a fashion accessory that's so beautiful you just want to show it to everyone." The sustainable makeup compact is available online and in stores in Japan and overseas. For more information, visit Since the setting powder launched with the adoption of Cristal One in February, the product has sold well within the market. It has significantly exceeded SUQQU's expectations, achieving over 187% of its monthly target sales. SUQQU's parent company, Kao, has used Eastman's materials for many years. The company has stated that Eastman is its first choice for professional support, technical service, marketing and quality products. About SUQQU Founded in 2003, SUQQU is a prestigious Japanese beauty brand renowned for its high-quality skincare and makeup products. SUQQU comes from the Japanese expression for "a figure standing tall." Graceful, independent, vibrantly silky. The name signifies the image of a dignified and graceful woman. SUQQU responds to the needs of changing lifestyles, values and times while helping you to beautifully evolve with them. That is SUQQU's unchanged mission since its birth. SUQQU resonates with the kind of individuals who know values and genuine qualities, who choose products with inherent value to themselves, those with sophisticated taste, rich experience & mature, refined sensibility. About Eastman Founded in 1920, Eastman is a global specialty materials company that produces a broad range of products found in items people use every day. With the purpose of enhancing the quality of life in a material way, Eastman works with customers to deliver innovative products and solutions while maintaining a commitment to safety and sustainability. The company's innovation-driven growth model takes advantage of world-class technology platforms, deep customer engagement, and differentiated application development to grow its leading positions in attractive end markets such as transportation, building and construction, and consumables. As a globally inclusive company, Eastman employs approximately 14,000 people around the world and serves customers in more than 100 countries. The company had 2024 revenue of approximately $9.4 billion and is headquartered in Kingsport, Tennessee, USA. For more information, visit Media Contact: Eastman Jacob Teetzmann, APR Tombras jteetzmann@ View original content: SOURCE Eastman Sign in to access your portfolio
