November 2025 Blow Molding Blog
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November 15, 2025
PepsiCo’s Pep+: Driving Growth Amid Global Uncertainty
PepsiCo’s Pep+: Driving Growth Amid Global Uncertainty
In today’s unpredictable business climate, packaging has become a critical lever for resilience and growth. PepsiCo, headquartered in Purchase, NY, is demonstrating how sustainability and innovation in packaging can help navigate challenges ranging from climate change to tariff uncertainty.
Operating in more than 200 countries and generating $92 billion in net revenue in 2024, PepsiCo manages a vast portfolio of over 500 brands, including Pepsi-Cola, Gatorade, Lay’s, and Quaker. Deploying packaging at this scale requires balancing engineering, regulatory compliance, and end-of-life considerations. To meet these demands, PepsiCo’s Packaging R&D and Sustainable Packaging teams work globally to ensure safety, quality, and environmental responsibility.
Central to its approach is the pep+ (PepsiCo Positive) initiative, which places sustainability at the heart of corporate strategy. The company’s packaging imperatives—reduce, recycle, and reinvent—are supported by investments in recycling infrastructure, policy advocacy, and design innovation. By 2024, PepsiCo had introduced recycled PET into packaging across 60 countries, doubled rPET content in U.S. beverages since 2022, and cut virgin plastic tonnage by 5% year-over-year.
David Allen, PepsiCo’s vice president of global sustainable packaging, stresses that circularity requires systemic transformation, from harmonized regulations to consumer engagement. Partnerships with governments, NGOs, suppliers, and peers are helping PepsiCo drive scalable solutions.
In May 2025, the company refined its sustainability goals for packaging, climate, agriculture, and water, aligning long-term ambitions with realistic milestones. As Chief Sustainability Officer Jim Andrew noted, “Sustainability and growth go hand in hand.” Learn more about this topic here.
Operating in more than 200 countries and generating $92 billion in net revenue in 2024, PepsiCo manages a vast portfolio of over 500 brands, including Pepsi-Cola, Gatorade, Lay’s, and Quaker. Deploying packaging at this scale requires balancing engineering, regulatory compliance, and end-of-life considerations. To meet these demands, PepsiCo’s Packaging R&D and Sustainable Packaging teams work globally to ensure safety, quality, and environmental responsibility.
Central to its approach is the pep+ (PepsiCo Positive) initiative, which places sustainability at the heart of corporate strategy. The company’s packaging imperatives—reduce, recycle, and reinvent—are supported by investments in recycling infrastructure, policy advocacy, and design innovation. By 2024, PepsiCo had introduced recycled PET into packaging across 60 countries, doubled rPET content in U.S. beverages since 2022, and cut virgin plastic tonnage by 5% year-over-year.
David Allen, PepsiCo’s vice president of global sustainable packaging, stresses that circularity requires systemic transformation, from harmonized regulations to consumer engagement. Partnerships with governments, NGOs, suppliers, and peers are helping PepsiCo drive scalable solutions.
In May 2025, the company refined its sustainability goals for packaging, climate, agriculture, and water, aligning long-term ambitions with realistic milestones. As Chief Sustainability Officer Jim Andrew noted, “Sustainability and growth go hand in hand.” Learn more about this topic here.
November 30, 2025
Klöckner Pentaplast Pursues Financial Restructuring Through Prepackaged Chapter 11
Klöckner Pentaplast Pursues Financial Restructuring Through Prepackaged Chapter 11
Klöckner Pentaplast (KP), a global supplier of rigid and flexible packaging and specialty films, has taken decisive steps to strengthen its financial position. The company recently entered into a restructuring support agreement (RSA) with a significant majority of its financial backers. Under the plan, KP aims to reduce its funded debt by approximately €1.3 billion while transferring ownership to certain financial partners.
As part of this process, several KP subsidiaries and affiliates have voluntarily initiated a prepackaged Chapter 11 filing in the United States Bankruptcy Court for the Southern District of Texas. Unlike traditional bankruptcy proceedings, a “prepack” involves negotiating the reorganization plan before filing, which can streamline the process and minimize disruption. For KP, this approach provides a clearer path to recapitalization and ownership adjustments while maintaining business continuity.
Court hearings have already been conducted online, with debtor statements made publicly available. The company emphasized that operations will continue without interruption throughout the restructuring. To support liquidity during this period, KP has secured commitments for €215 million in debtor-in-possession (DIP) financing, subject to court approval. Combined with cash flow from ongoing operations, this funding is expected to cover obligations and sustain normal business activity.
By pursuing a prepackaged Chapter 11 strategy, Klöckner Pentaplast is positioning itself to stabilize its balance sheet, preserve customer confidence, and ensure long-term viability in the competitive packaging industry. The restructuring underscores the company’s commitment to maintaining uninterrupted service while navigating financial challenges. Learn more about this topic here.
As part of this process, several KP subsidiaries and affiliates have voluntarily initiated a prepackaged Chapter 11 filing in the United States Bankruptcy Court for the Southern District of Texas. Unlike traditional bankruptcy proceedings, a “prepack” involves negotiating the reorganization plan before filing, which can streamline the process and minimize disruption. For KP, this approach provides a clearer path to recapitalization and ownership adjustments while maintaining business continuity.
Court hearings have already been conducted online, with debtor statements made publicly available. The company emphasized that operations will continue without interruption throughout the restructuring. To support liquidity during this period, KP has secured commitments for €215 million in debtor-in-possession (DIP) financing, subject to court approval. Combined with cash flow from ongoing operations, this funding is expected to cover obligations and sustain normal business activity.
By pursuing a prepackaged Chapter 11 strategy, Klöckner Pentaplast is positioning itself to stabilize its balance sheet, preserve customer confidence, and ensure long-term viability in the competitive packaging industry. The restructuring underscores the company’s commitment to maintaining uninterrupted service while navigating financial challenges. Learn more about this topic here.
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