- In May 2023, FlexSack launched an environmentally friendly polypropylene FIBC featuring 30% recycled polypropylene (rPP). Designed as a direct substitute for conventional PP bulk bags, this innovation maintains performance and price while promoting recyclability. Although the initial market response was cautious, the launch supports broader sustainability efforts, including lowering carbon emissions and reducing manufacturing waste.
- In December 2022, New Water Capital (NWC) expanded its holdings by acquiring Bulk Lift International LLC and Bagwell Supply Ltd., two major North American FIBC suppliers. This strategic acquisition has formed one of the region’s largest FIBC providers, strengthening offerings and supply chain capabilities for sectors such as food, chemicals, and pharmaceuticals.
- In September 2022, Global-Pak announced a new recycling collaboration with PureCycle Technologies, involving facilities in Ironton, Ohio, and a future site in Augusta, Georgia. The program aims to recycle used bulk bags using PureCycle’s solvent-based purification process, which converts polypropylene waste into high-purity, reusable resin.
- In September 2022, Berry Global Group, Inc. (NYSE: BERY), in partnership with Mars, Incorporated, unveiled lighter, eco-friendly PET jars containing 15% post-consumer recycled (PCR) content for popular brands like M&M’S, SKITTLES, and STARBURST. This initiative is part of a shared commitment to sustainable packaging innovation.
