- In October 2024, Fries KT GmbH introduced a new line of plastic drums made from recycled materials, utilizing a state-of-the-art extrusion blow molding machine. This innovation aligns with the growing demand for sustainable packaging solutions, ensuring durability and compliance with environmental standards. The launch reinforces Fries KT GmbH’s position in the eco-conscious segment of the plastic drums market, particularly in Europe, as the company continues to advance its sustainability goals
- In August 2024, Mauser Packaging Solutions acquired a plastic drum manufacturing business in Pinetown, Kwa-Zulu Natal, South Africa, expanding its production capacity and market reach in the African region. This acquisition strengthens Mauser’s ability to meet the growing demand for industrial packaging in chemicals and petrochemicals. The newly acquired facility produces UN-certified tight-head and open-head plastic drums, ensuring compliance with industry standards. The move aligns with Mauser’s global expansion strategy, reinforcing its competitive edge in sustainable packaging solutions
- In April 2024, Greif, Inc. completed the acquisition of iPACKCHEM, a leader in sustainable packaging solutions, to strengthen its portfolio in the specialty chemicals market. This strategic move expands Greif’s offerings in plastic drums and enhances its focus on eco-friendly packaging. The acquisition positions Greif to meet growing global demand for sustainable industrial packaging, particularly in North America and Europe. The integration of iPACKCHEM’s expertise supports Greif’s commitment to innovation and environmental responsibility
- In March 2024, Berry Global launched a new range of eco-friendly plastic drums made from recyclable materials, catering to the food and beverage and chemical sectors. These drums prioritize sustainability while maintaining durability, addressing consumer and regulatory demands for greener packaging solutions. The initiative strengthens Berry Global’s leadership in sustainable packaging and expands its market presence in the Asia Pacific region. The company continues to innovate in circular packaging and emission reduction strategies
- In January 2024, Schütz GmbH & Co. KGaA partnered with local startups to develop smart plastic drums featuring integrated tracking technology. These drums improve inventory management and logistics efficiency through advanced telematics, catering to industries such as pharmaceuticals and chemicals. The collaboration enhances Schütz’s innovation pipeline, positioning it to expand its market share in the smart packaging segment. By leveraging cutting-edge technology, Schütz aims to optimize supply chain operations and sustainability in industrial packaging
