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Indorama Ventures Successfully Secures Inaugural Sustainability-Linked Trade Finance Facility With SMBC

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sustainable packaging

Indorama Ventures Successfully Secures Inaugural Sustainability-Linked Trade Finance Facility With SMBC

July 19, 2023 by Asia Food Journal

trade finance facility

Indorama Ventures Public Company Limited has successfully secured its inaugural sustainability-linked Trade Finance facility with Sumitomo Mitsui Banking Corporation (“SMBC”). The USD 50 million facility for the global sustainable chemical company was inked during the signing ceremony yesterday in Bangkok. This facility will support Indorama Ventures’ working capital, linking the applicable margin that ratchets to the company’s well-established sustainability targets, which include greenhouse … [Read more...] about Indorama Ventures Successfully Secures Inaugural Sustainability-Linked Trade Finance Facility With SMBC

Other Topics: Indora, Indorama Ventures, Packaging, Sumitomo Mitsui Banking Corporation, sustainability, sustainable packaging, Trade Finance facility

Love the Food, Hate the Waste: Tackling Sustainability with Packaging 

July 18, 2023 by Cath Isabedra

food waste problem

By Cath Isabedra Food packaging and food waste are two of the biggest contributors to landfill. The problem with food packaging is that it's often unnecessary, used to deliver food but not consumed. Take plastic wraps for fruit and vegetables. They're designed to keep the product fresh for longer but are optional for most people who buy their produce weekly at the local grocery store.  The packaging industry is booming. Pre-pandemic, packaging was well on its way to becoming a … [Read more...] about Love the Food, Hate the Waste: Tackling Sustainability with Packaging 

Other Topics: food waste, Packaging, SIG, sustainability, sustainable packaging

Yoran Imaging To Introduce Thermal Imaging Inspection & Data Capture Technology

July 13, 2023 by Asia Food Journal

Thermal imaging inspection

The company’s customized, cost-effective systems replace manual product sampling with 100 percent inspection and provide user-friendly data for production improvements and machine downtime mitigation.   Northern District, Israel – Yoran Imaging, which develops and supplies thermal imaging systems to optimize filling and heat-sealing processes on packaging lines, will introduce its innovative approach to comprehensive inspection and production data analysis at Pack Expo Las Vegas … [Read more...] about Yoran Imaging To Introduce Thermal Imaging Inspection & Data Capture Technology

Other Topics: cost-effective systems, data capture technology, Packaging, product inspection, product sampling, sustainable packaging, Thermal imaging inspection, Yoran Imaging

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