The Glass Packaging Market encompasses the production and distribution of glass containers used for packaging beverages, food, pharmaceuticals, and cosmetics. Known for its recyclability and inert nature, glass packaging is preferred for its sustainability and ability to preserve product integrity.
Recent News
It was announced by Telangana in February 2024 that it will partner with SGD Pharma and Corning Inc. so as to introduce state-of-the-art technologies and advanced manufacturing capabilities to the region. Through this alliance, Corning’s top-quality pharmaceutical tubing technology will be combined with SGD Pharma’s knowledge of making glass vials, among others. As part of the agreement, SGD Pharma can depend on its tubing capacities to supply primary packaging material to domestic as well as international clients from its facilities located in the Telangana region, India.
In May 2023, Ardagh group, together with Sprecher Brewing Company, made an announcement about their partnership. In addition, this would help them meet their brand and sustainability targets through the provision of beer in high-quality glass bottles for use by the brewery company after receiving continuous supplies from Ardagh Glass Packaging towards enhancing localism & environmental friendliness regarding beer & beverage containers.
Carlsberg Malaysia stated that it would collaborate with the Sabah Recycling Association to pilot a three-year program aimed at recycling glass bottles community empowerment test project in December 2022. Carlsberg’s program is slated to meet its environmental, social and governance (ESG) agenda.
In October 2022, Grupo Petropolis and the National Confederation of Industry announced that they had teamed up to implement a project aimed at improving and increasing the utilization of glass throughout the supply chain. The issue of glass packaging circularity has been addressed by the National Service for Industrial Learning under the pilot scheme, which would reduce carbon dioxide emissions in the glass lifecycle closed loop ring, raise returns on glass packaging and promote refillable containers.
Glass Packaging Market Highlights:
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