Huhtamaki has sold its operations in Russia to Espetina Ltd. Espetina is a holding company owned by Alexander Govor and Iury Kushnerov. The transaction includes four manufacturing units in Russia, employing 724 people. On April 14, 2022, Huhtamaki announced its intention to divest its operations in Russia. This followed an earlier decision to stop all […]
Tag Archives: fibre-based packaging
The Russian billionaire Alexander Govor has made a bid for Finnish packaging giant Huhtamäki’s Russian operations amounting to 151 million euro, Reuters reports. Alexander Govor has previously taken over McDonald’s former restaurants in Russia. After the invasion of Ukraine, Huhtamäki retreated from Russia. Govor is willing to pay up to 151 million euros for Huhtamäki’s […]
Huhtamaki has welcomed the conclusions of a new report, which reviews 26 scientific studies comparing the environmental impact of single-use packaging vs. reusable tableware used in takeaway settings. Conducted by Ramboll, a leading global engineering, design and consultancy company, the ‘meta-analysis’ of 26 previous scientific studies concludes that the additional and specific burdens of reusable […]
A key trend that emerges from a study commissioned by UPM Specialty Papers is that while recycling, reuse and composting of packaging will all increase significantly, a fifth of all food packaging could still find its way to landfill and incineration even in two decades time. Today, food packaging is predominantly plastic and recycling rates […]
The wood fibre-based packaging alliance 4evergreen held its launch event entitled “Perfecting circularity with fibre-based packaging”. The online event included a panel debate with industry leaders from Stora Enso (Finland), Huhtamaki (Finland), Mars (US), Nestlé (Switzerland) and Smurfit Kappa (Ireland). It highlighted the alliance’s vision to further advance circularity of fibre-based packaging and introduced the sector’s […]