- In November 2024, Twinplast expanded its operations into the automotive sector by launching custom packaging solutions made from dense polypropylene. These solutions are specifically designed to protect vehicle components during transport. The environmentally friendly packaging is reusable, contributing to sustainability efforts by reducing carbon footprints. This expansion highlights Twinplast's commitment to providing durable, cost-effective, and eco-conscious packaging solutions for the automotive industry
- In October 2024, One World Products introduced hemp-based molded containers for Flex-N-Gate, providing a renewable material alternative for automotive packaging. This innovative solution is designed to reduce carbon emissions and promote sustainability within the automotive sector
- In November 2024, Michelin and Schaeffler revealed plans to close multiple factories and cut nearly 6,000 jobs across Europe. This decision stems from challenges in the automotive sector, such as the shift to electric vehicles and intensifying global competition. Michelin's closures include two plants in France, while Schaeffler's restructuring impacts several sites across Europe, aiming to address market pressures and improve operational efficiency
- In August 2023, Nefab AB, a Sweden-based industrial packaging and logistics services provider, leased 11,000m² of industrial and warehouse space in Gdańsk, Poland. This expansion aims to increase the company’s production capacity and enhance its brand presence in the global market. The new manufacturing facility and branch are expected to open in early 2024, helping Nefab meet growing demand for packaging solutions in various sectors, including automotive
- In February 2022, Smurfit Kappa Group, a leading provider of paper-based packaging solutions worldwide, invested in its new Design2Market Factory. This initiative positions the company to address two of the biggest trends in the packaging industry: sustainability and e-commerce. By utilizing customer data, cutting-edge machinery, and its extensive expertise, Smurfit Kappa aims to enhance its customers' competitive advantage and drive innovation in packaging solutions that align with environmental goals and the growing demand for e-commerce packaging
