- In May 2024, Electra, a clean energy startup backed by investors such as Bill Gates and Amazon, inaugurated its green steel production facility in Colorado, USA. The plant uses a low-temperature electrochemical process powered by renewable energy to convert high-impurity iron ores into 99% pure metallic iron, avoiding the carbon-intensive methods of traditional ironmaking. This innovation addresses the 90% of CO₂ emissions in steel production that stem from ironmaking alone. While not a direct launch of steel drums or IBCs, Electra’s clean iron is a critical upstream material for sustainable packaging solutions, including low-carbon steel drums used in chemical and industrial logistics
- In May 2024, PT. SCHÜTZ Container Systems Indonesia commissioned a new extrusion blow molding line at its Karawang facility, marking a significant step in expanding its regional production capabilities. The new line manufactures the F1 220-litre PE bung barrel using a multi-layer process, enhancing the drum’s chemical resistance, stacking strength, and low-temperature durability. This addition complements SCHÜTZ’s existing IBC product lineup, reinforcing its commitment to delivering high-performance, sustainable packaging solutions for industries such as food, chemicals, and oleochemicals. The expansion aligns with the company’s global strategy to ensure reliable supply and technical excellence across key markets
- In February 2024, Aran Group, a leading Israeli manufacturer of sustainable liquid packaging, acquired a majority stake in IBA Germany from Liquid Concept GmbH. This strategic move enables Aran to accelerate the development of 1,000-liter aseptic Intermediate Bulk Containers (IBCs), particularly the IBA Tainer, a patented, eco-friendly solution for transporting liquid food products. The acquisition strengthens Aran’s presence in the German and broader European markets, while expanding its IBC product portfolio. It also aligns with the company’s commitment to circular economy principles, offering a lightweight, hygienic alternative to traditional stainless-steel containers
- In January 2024, Greif, Inc. partnered with IonKraft, a barrier technology innovator, to launch a pilot project aimed at transforming industrial plastic packaging. The collaboration focuses on integrating IonKraft’s plasma-based coating technology, which offers a chemically inert, non-reactive, and 100% recyclable barrier—providing a sustainable alternative to traditional fluorination. This initiative targets plastic jerrycans that require enhanced barrier properties while maintaining recyclability, addressing a key challenge in the packaging industry. The partnership underscores Greif’s commitment to innovation, sustainability, and customer-centric solutions, reinforcing its leadership in the global packaging market
- In September 2023, Greif Inc. inaugurated a state-of-the-art Intermediate Bulk Container (IBC) manufacturing facility in Dilovasi, Turkey, spanning 13,000 square meters. This strategic investment reinforces Greif’s commitment to expanding its global footprint and enhancing service capabilities for customers in Turkey and surrounding regions. The facility features advanced manufacturing and assembly lines, enabling the production of a comprehensive range of high-quality packaging solutions. Greif also aims to collaborate with local reconditioning partners to support sustainable packaging initiatives, aligning with its long-term vision of innovation, customer-centricity, and environmental responsibility
