06 December 2024
06 December 2024
Rising consumer awareness of environmental challenges is creating a surge in demand for sustainable packaging, with fibre-based closures offering recyclable solutions.
The company's group return on sales also declined to 6.6% from 10.4% previously.
The funds will accelerate the rollout of AMP ONE systems for efficient MSP sorting.
The company has shifted to locally made glass bottles for its 10oz and 32oz cold-brew products.
A rollout to retailers, restaurants, and online is planned for Q1 2025.
The loan is set to bolster Faerch's technology development and circularity goals.
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