News & Insights
Industry updates and frequently asked questions
- Australian Supermarket Giants Join Plastics Pact to Use Green Plastic Packaging Across the Board by 20252021-05-20Industry News
Australian supermarket giants Woolworths, Coles and Aldi, together with major food manufacturers, have committed to making all plastic packaging reusable, recyclable or compostable by 2025. Under a broader industry ANZPAC plastics pact, plastic packaging waste sent to landfill and entering rivers and seas will be eliminated. The Minderoo Foundation of Andrew and Nicola Forrest released
- Non-Performing Debt Assets of Fujian Haosen Packaging Put Up for Auction at Starting Bid of RMB 103 Million2021-05-20Industry News
China Great Wall Asset Management Co., Ltd. Fujian Branch (hereinafter referred to as "Great Wall Fujian Branch") will hold a public bidding event from 10:00 on May 31, 2021 to 10:00 on June 1, 2021 (excluding any extension) for the non-performing debt assets of Haosen Packaging (Fujian) Co., Ltd. that it holds, and hereby announces the following: As of December 20, 2020, China Great Wall Asset Management Co., Ltd. Fujian Branch (hereinafter referred to as
- Record-Breaking: Hexing, Yuto and ORG All Top RMB 10 Billion in Revenue — How Are Super Printing Giants Forged?2021-05-19Industry News
For the printing industry, 2020 was a year worth commemorating. On the one hand, the sudden onslaught of the pandemic left most bosses in the industry feeling deeply anxious and depressed, even though the final results were not as bad as once imagined. On the other hand, in this year overshadowed by the pandemic, three giants saw their revenue break through the RMB 10 billion mark. For China's printing industry, this is record-breaking and unprecedented. According to the annual reports already released, in 2020, Hexing Packaging achieved
- Printers, Take Note: Zhejiang Rolls Out "Cloud Supervision" for Pollution Control2021-05-19Industry News
Recently, the Baibu Economic Development Zone (Baibu Town) in Haiyan, Zhejiang, launched an "environmental steward" program, using digital technologies on its "smart environmental management platform" to achieve "cloud supervision" and reduce environmental risks and hidden hazards for printing companies within its jurisdiction. In the office of the environmental steward at the Baibu Economic Development Zone (Baibu Town), staff were checking pollutant discharge in the printing cluster. Chen Changrong, head of the Baibu environmental steward project team, told reporters that as long as a company's pollution-generating equipment
- Metsä Board Designs Easily Recyclable Beverage Packaging2021-05-19Industry News
Metsä Board is a leading European producer of premium virgin-fibre paperboard and part of Metsä Group, and its ExcellenceCentre in Äänekoski, Finland, has designed a lightweight, sturdy and easily recyclable package for the new Chopin organic rye vodka range. For the family distillery PodlaskaWytwórniaWódek “Polmos
- New Printing License Approval Rules Coming, With Broad Impact on Packaging Printing2021-05-18Industry News
On April 29, the Ministry of Justice of the People's Republic of China and the official Chinese government legislative information website issued the Notice of the National Press and Publication Administration on Publicly Soliciting Opinions on the Provisions on the Qualification Conditions of Printing Business Operators (Draft for Comment). This regulation is precisely the legal basis on which printing operators apply for a printing business license. Specifically, the new rules (draft for comment) reflect the thinking of "lighter approval, heavier supervision." Approval conditions are further relaxed. In addition to the "streamlining administration, delegating power, improving regulation and upgrading services" of recent years
- The 14th Ningbo International Plastics and Rubber Industry Exhibition 20212021-05-18Industry News
The 14th Ningbo International Plastics and Rubber Industry Exhibition & Ningbo International Biodegradable Plastics and Application Exhibition — the 2021 14th Ningbo International Rubber and Plastics Industry Exhibition will be grandly held on May 24-26 in Halls 1, 5 and 6 of the Ningbo International Convention and Exhibition Center, with its scale up 60% from last year and the number of pre-registered visitors up 50% from previous years; to facilitate exchanges and sourcing for visitors, dedicated halls and zones have been set up, including: plastics materials and additives hall, plastics equip
- Henan Jianghe Paper Plans A-Share IPO, Files Tutoring Record2021-05-17Industry News
News from May 13: Henan Jianghe Paper Co., Ltd. plans to make an initial public offering and list on the A-share market, and is receiving pre-IPO tutoring from CITIC Securities Co., Ltd., having filed its tutoring record with the Henan Securities Regulatory Bureau on May 13, 2021. According to its official website, Henan Jianghe Paper Co., Ltd. was founded in 2002 and is headquartered in the Industrial Agglomeration Zone of Wuzhi County, Henan Province, and owns Shandong Jianghe Paper Co., Ltd. and Henan Dazhi Paper
- Guangdong Drugmaker Again Found with Non-Compliant Product Packaging Void Ratio2021-05-14Industry News
On April 26, the Shanghai Municipal Administration for Market Regulation carried out supervisory spot checks on the (excessive) packaging of health food products produced and sold in the city. A total of 56 batches of products were sampled in this spot check, and upon inspection, 9 batches were found non-compliant. This supervisory spot check was conducted in accordance with the requirements of standards such as GB23350-2009 "Requirements for Restricting Excessive Packaging of Commodities — Food and Cosmetics" and JJF1244-2010 "Rules for Metrological Inspection of Food and Cosmetic Packaging", and the following items were
- Langjiu, Dukang and Xiaohutuxian Probed over Excessive Packaging as High-Aesthetic Looks and Light-Luxury Style May Become the New Trend2021-05-14Industry News
Baijiu packaging is in trouble again! Still, excessive packaging is nothing new — just a "story" that repeats year after year. On May 9, it was learned from the official website of the Shanghai Municipal Administration for Market Regulation that, according to its published results of the 2020 Shanghai supervisory spot checks on (excessive) packaging of alcoholic beverages, liquor produced by Sichuan Gulin Langjiu Distillery Co., Ltd., Ruyang Dukang Brewing Co., Ltd., Guizhou Xiaohutuxian Liquor Co., Ltd. and other manufacturers was found to be non-compliant
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