Nottinghamshire-based Surepak Limited is ceasing to trade despite appointed administrators at PKF Smith Cooper being hopeful of a sale following the interest of 96 parties. Surepak Limited’s financial concerns became apparent during the global energy crisis when its electricity costs increased by more than 425%. This increase, coupled with the loss of two significant contracts, decreased the company’s turnover by c.£1m, due to customers’ packaging requirements changing and the relocation of a customer abroad. The Nottinghamshire-based organisation sought a buyer after sole director Stuart Yorston filed for administration on 9th February 2024. This was to safeguard the company’s business, assets, and employees from a winding-up petition served by a creditor, which was due to be heard on 14th February.

Waddington North America™ (WNA), a Novolex® brand, announced today that it has been awarded a new patent for Cutlerease®, an innovative dispenser that offers customers one disposable utensil at a time. Thanks to the patent, Novolex can now offer customers the opportunity to lease or buy Cutlerease dispensers — making it even easier for foodservice establishments to enjoy its many benefits. The unique system cuts waste, reduces the spread of germs, saves space and provides guests with a more convenient way to get utensils. Customers simply withdraw the utensil from the dispenser by pulling on the handle of the spoon, fork or knife that they want. After the utensil is removed, another pops out, ready for the next guest.

The development of sustainable packaging solutions is not a new endeavor at Sun Chemical but has accelerated in the past ten years as awareness of environmental issues has dramatically increased, as has the demand for cutting and recycling household waste and reducing carbon emissions and other pollutants. Consequently, Sun Chemical has organized a Corporate Sustainability Committee to further strengthen its approach to addressing the sustainability needs of the packaging industry. Comprised of eight executive leaders, including Myron Petruch, Carlo Musso, Chris Parrilli, Fernando Tavara, Robert Fitzka, Greg Hayes, Russell Schwartz, and Jim Van Horn, the Corporate Sustainability Committee will work together to guarantee company-wide engagement in sustainability initiatives and will build and oversee the company’s sustainability strategy, ensuring that proper resources are assigned for timely and effective implementation.