Business Wire

Jabil Packaging Solutions Launches New Sustainable Packaging Services; Accelerates Sustainable Packaging Innovation

Share

Jabil Packaging Solutions (JPS), a division of Jabil Inc. (NYSE: JBL), today introduced a new suite of Sustainable Packaging Services , that enable packaged goods brands to design and deliver innovative new sustainable packaging formats into the marketplace at speed.

Today, companies producing Consumer Packaged Goods (CPG) are at a turning point. They must find smart ways to make their products and packaging sustainable or face increasing regulations, taxes and pushback from consumers. Companies are trying to respond to sustainability mandates and want to do the right thing for the environment. Yet assessing what is needed, sourcing the right materials and designing products that meet their corporate sustainability goals is extremely complex due to the interdependencies and expertise required for end-to-end sustainable development.

“For CPGs, there has never been a bigger challenge than the transition to a truly sustainable business model,” said Jason Paladino, JPS Vice President of Technology. “Managing this shift and truly achieving sustainability goals requires a new level of partnership and collaboration across the supply chain. As a custom packaging solutions provider with a rich history of transformational brand equity packaging, we are uniquely positioned to work intimately with brands to solve these challenges at speed, while reducing complexity and mitigating risks.”

Jabil Packaging Solutions has expanded its custom packaging services, designed to support each company’s unique sustainability goals. This new solution is comprised of three services that accelerate the new product development process while dramatically reducing the risk associated with developing new sustainable packaging formats, including:

  • Design for Sustainability: Drive faster time-to-market and eco-friendly validation with a proven design innovation process.
  • Sustainable Packaging Assessment: Iteratively assess key sustainability factors, such as carbon footprint and recyclability, in parallel with critical new product introduction requirements.
  • Materials Sourcing and Development: Introduce holistic procurement strategies that consider price, supply chain optimization and performance.

The new suite of Sustainable Packaging Services will enable customers in the Food & Beverage, Home Care, Personal Care and Professional Care sectors to work with a single packaging innovation leader with expertise in all areas of sustainable packaging development:

  • Reduced complexity - eliminating the need to coordinate multiple suppliers, design houses and converters.
  • Faster time-to-market - driving rapid cycles of design iteration and carbon impact assessment from ideation to delivery – all under one roof.
  • Reduced risk - assuring that new custom packaging formats leverage industry accepted sustainable design guidelines; utilizing packaging life cycle analysis software to support achievement of corporate sustainability goals; and, leveraging the intelligence gained from performance testing of all commercially available sustainable materials.

New Jabil Documentary Illuminates Cutting Edge Sustainable Material Technology Solutions

Many of the world’s leading brands have publicly stated that they aim to make their packaging 100 percent reusable or recyclable by 2025, though limitations in material science may pose the biggest barrier in achieving that milestone. According to Jabil’s Sustainable Packaging Trends survey , 44 percent of packaging decision-makers say the biggest obstacle CPGs have in being able to meet their goals are the lack of technical solutions.

“The Sustainable Packaging Revolution: A Jabil Documentary” explores the race to develop new solutions that drive a more sustainable approach to packaging. (Click here to watch the trailer). With input from industry leaders Danimer Scientific , a pioneer in creating more sustainable, more natural ways to make plastic products, and KW Plastics , the world’s largest plastics recycler of high density polyethylene and polypropylene, the documentary looks beyond traditional sustainability challenges--regulatory, recycling infrastructure, assurance of supply and others— and explores solutions for complex material science limitations.

Media and the public are invited to attend the virtual “Green Carpet” world premiere of “The Sustainable Packaging Revolution: A Jabil Documentary” on YouTube on Thursday, June 27, 2019 at 11:30AM (EDT). The premiere will be followed by Q&A session conference call with leaders from Jabil, Danimer Scientific and KW Plastics.

Media are requested to RSVP with Erin Vadala, Warner Communications at erin@warnerpr.com . Interviews are available.

Supporting Quotes

  • Stephanie Baker, Executive Director of Market Development, KW Plastics
    “As the world’s largest plastics recycler and supplier of recycled resins, we are seeing an ever-increasing demand for quality post-consumer resins. We applaud Jabil for researching the options and opportunities for PCR in packaging as they work to help their customers achieve their sustainability goals.”
  • Stephen Croskrey, CEO, Danimer Scientific
    “Reducing the environmental impacts of plastic waste will take a collaborative effort between the public and private sectors, and it all starts with educating businesses and industry stakeholders of the best technology and processes available today. Jabil’s initiative comes at a critical time, and it was a privilege for our team to contribute our knowledge of the current state of biodegradable plastics to the documentary.”
  • Matthias C. Lohner, Operations Manager, GBU Nescafé Dolce Gusto
    “Sustainability is not a nice to have, it is a strategic imperative. Although it cannot happen in a vacuum. It requires transformative collaboration all along the value chain where brands, converters and suppliers are all working toward a common goal. The ability to seamlessly orchestrate design, sourcing and lifecycle analysis is essential to reducing the risk of launching new sustainable packaging formats, and accelerating time to market, both of which are critical in today’s global economy.”

About Jabil

Jabil (NYSE: JBL) is a manufacturing solutions provider that delivers comprehensive design, manufacturing, supply chain and product management services. Leveraging the power of over 200,000 people across 100 facilities in 29 countries, Jabil simplifies complexity and delivers value for a broad range of industries, enabling innovation, growth and customer success. For more information, visit jabil.com .

Contact information

Erin Vadala
Warner Communications
978-468-3076
erin@warnerpr.com

About Business Wire

For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

Bank of America Reports Second-Quarter 2019 Financial Results17.7.2019 13:45:00 EESTPress release

Bank of America reported its second-quarter 2019 financial results today. The news release, supplemental filing and investor presentation can be accessed in the following ways: This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190717005354/en/ Bank of America newsroom at https://newsroom.bankofamerica.com Bank of America Investor Relations website at http://investor.bankofamerica.com Business Wire’s news webpage at http://www.businesswire.com/portal/site/home/news Investor Conference Call information Chief Executive Officer Brian Moynihan and Chief Financial Officer Paul Donofrio will discuss the financial results in a conference call at 8:30 a.m. ET today. For a listen-only connection to the conference call, dial 1.877.200.4456 (U.S.) or 1.785.424.1732 (international), and the conference ID is 79795. Please dial in 10 minutes prior to the start of the call. Investors can also listen to a live audio webcast of the conference ca

LTI to Acquire Advanced Analytics Firm Lymbyc17.7.2019 10:07:00 EESTPress release

Larsen & Toubro Infotech Ltd. (NSE: LTI, BSE: 540005), a global technology consulting and digital solutions company, has signed a definitive agreement to acquire Lymbyc, a specialist AI, machine learning, and advanced analytics company. The acquisition further strengthens LTI’s fast-growing digital and analytics offerings. Founded in 2012, Lymbyc is headquartered in Bengaluru, India and has customers in the USA, UK, Africa, and India. The company is well recognized for its unique capabilities in analytics and data-sciences space. The core of Lymbyc’s capabilities are centered around a proprietary product, Leni, which solves for the entire spectrum of descriptive to predictive business insights, leveraging deep learning, Natural Language Processing, data visualization and predictive analytics. Leni is a virtual analyst that allows users to conversationally access information and insights. With growing dependence on data, global enterprises need to be better at data discovery, agile anal

Unicaja Banco signs strategic partnership with Ebury Partners17.7.2019 09:30:00 EESTPress release

Ebury, one of the UK and Europe’s largest fintechs, is pleased to announce it has entered into a partnership with Spain’s seventh largest bank, Unicaja Banco. The agreement will enable Unicaja to offer international payments and cash management services through Ebury’s global transaction banking platform to its 400,000 SME customers and 3 million retail customers. Using Ebury’s regulated and future-proofed capabilities, Unicaja will significantly enhance its offering, particularly to its SME customer-base. Unicaja´s customers can now make international payments in more than 100 currencies, collect over 40 currencies across Europe, APAC, Africa and South America, use dedicated currency accounts in over 20 countries, and access flexible foreign exchange risk management tools for over 130 currencies, via one platform 24/7, from any location. The partnership demonstrates Ebury’s ability to help banks around the world by enabling them to offer their clients an innovative global transaction

Traxens Closes €20M Series C Financing Round With Key Strategic Partners17.7.2019 09:30:00 EESTPress release

Traxens, expert in providing high-value data and services for the supply chain industry, today announces that it has closed a Series C funding round worth close to €20M ($22.7M), led by the Itochu Corporation, Bpifrance and Supernova Invest (Crédit Agricole Innovations et Territoires Fund). This financing will enable the company to launch a global large-scale sea-land fleet of IoT tracking solutions on vessels operated by its partner shipping companies, including CMA CGM and MSC. Traxens expects to have 100,000 containers (both dry and reefer containers) equipped with its solution by end of 2020, making it one of the major players in the IoT for smart containers industry. This number is set to grow even higher after Traxens announced in June 2019 that Maersk will become a shareholder and customer with an initial order for up to 50,000 containers. Traxens’ Internet-of-Things solution is based on a patented, breakthrough technology that enables access to the most comprehensive, precise a

Gilead Sciences to Release Second Quarter 2019 Financial Results on Tuesday, July 30, 201916.7.2019 23:05:00 EESTPress release

Gilead Sciences, Inc. (Nasdaq: GILD) announced today that its second quarter 2019 financial results will be released on Tuesday, July 30, after the market closes. At 4:30 p.m. Eastern Time, Gilead’s management will host a conference call to discuss the company’s financial results for the second quarter 2019 and provide a business update. The live webcast of the call can be accessed at the company’s Investors page at http://investors.gilead.com/. Please connect to the company’s website at least 15 minutes prior to the start of the call to ensure adequate time for any software download that may be required to listen to the webcast. Alternatively, please call 877-359-9508 (U.S.) or 224-357-2393 (international) and dial the conference ID 8696029 to access the call. Telephone replay will be available approximately two hours after the call through 8:00 p.m. Eastern Time, August 1, 2019. To access the replay, please call 855-859-2056 (U.S.) or 404-537-3406 (international) and dial the confere

MSCI Schedules Investor Conference Call to Review Second Quarter 2019 Results16.7.2019 17:49:00 EESTPress release

MSCI Inc. (NYSE: MSCI), a leading provider of critical decision support tools and services for the global investment community, announced today it will release its results for second quarter 2019 on Thursday, August 1, 2019. MSCI's senior management will review the second quarter 2019 results on Thursday, August 1, 2019 at 11:00 AM Eastern Time. To listen to the live event, visit the events and presentations section of MSCI's Investor Relations homepage, http://ir.msci.com/events.cfm, or dial 1-877-376-9931 conference ID: 7743929 within the United States. International callers dial 1-720-405-2251 conference ID: 7743929. The earnings release and related investor presentation used during the conference call will be made available on MSCI's Investor Relations homepage. An audio recording of the conference call will be available on our Investor Relations website, http://ir.msci.com/events.cfm, beginning approximately two hours after the conclusion of the live event. Through August 4, 2019,

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom