Tetra Pak today announces that its new tubular heat exchanger with P2P (Product to Product) technology now has 3-A certification.​​ P2P heat exchangers are typically used by dairy, beverage and ice cream producers, and can also process products with particles. They offer up to 50% improved energy efficiency compared to Product to Water (P2W) alternatives through lower steam and cooling water consumption. Designed to achieve optimum hygiene, Tetra Pak’s machine is constructed with an innovative oxygen-free welding technique that eliminates crevices and potential hygiene blind spots, to achieve zero risk of bacteria aggregation. Click Read More below for additional information.

Amcor, in collaboration with Nestlé, launched the world’s first recyclable flexible retort pouch. The new high barrier pouch, using Amcor’s AmLite HeatFlex Recyclable solution, will first appear in stores in the Netherlands in October 2020. Amcor and Nestlé partnered to overcome one of the largest challenges facing the industry – the inability to recycle retort flexible packaging – and have achieved a technical breakthrough which underscores both companies’ long-term commitment to more sustainable packaging solutions. The partners collaborated during the product development process, testing for heat resistance, machine performance, shelf-life and recyclability in the real world.

Pactiv Evergreen Inc. reported results for the third quarter of 2024. Michael King, President and Chief Executive Officer of Pactiv Evergreen, said, “Our execution during the third quarter was solid and we made meaningful progress on our long-term strategy. We maintained strict cost discipline, optimized enterprise resources and overcame challenges at the Pine Bluff, Arkansas mill during its final quarter under our ownership. As we advance to the next phase of our transformational journey, we intend to leverage our heritage of product innovation and design to foster growth and assist our customers in achieving their sustainability goals.” King continued, “In late September and early October, some of our teams and communities were significantly impacted by Hurricanes Helene and Milton. The safety and well-being of our team members remain our utmost priority. It’s been truly inspiring to witness our teams swiftly activate contingency plans in response to these severe weather events, showcasing their commitment to serving our customers and supporting the affected communities.” Third Quarter 2024 Financial Highlights: Net Revenues of $1,333 million for the third quarter of 2024 were down 3% compared to $1,379 million in the third quarter of 2023 and were approximately flat compared to $1,338 million in the second quarter of 2024. Net Loss from continuing operations of $213 million for the third quarter of 2024 compared to net income of $28 million in the third quarter of 2023 and net income of $20 million in the second quarter of 2024.