Alpek has announced that it has received the necessary approvals from regulatory authorities and has finalised its acquisition of Octal Holding SAOC. Pursuant to the purchase agreement, Alpek acquired 100% of the shares of Octal for U.S. $620 million on a debt-free basis. Financing was secured through a mix of free cash flow generated …
Emirates Glass plans to expand footprint in MEA
Emirates Glass, a leading manufacturer of premium glass products has announced its plans to expand in the GCC and the wider Middle East region. The company has developed more than 70 different coated products, over 400 different glazing options and supplied about 27 million sq m of glass in the last 25 years, Celebrating …
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Mondi and Beck Packautomaten launch paper solution
Mondi, one of the global leaders in sustainable packaging and paper, has collaborated with German machine supplier Beck Packautomaten to create a functional paper solution. The FunctionalBarrier Paper can replace unnecessary plastic packaging, enabling shipments to arrive safely in sustainable and right-sized packaging. The e-commerce market has grown significantly in recent years, accounting for …
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Sidel announces price hike by 5%
Sidel, one of the leading global provider of packaging solutions Sidel has announced an average 5% price rise with immediate effect. In response to widely understood market forces, Sidel is advising customers of an average 5% price increase. Factors contributing to the increase include the global shortages of raw materials and electrical components, including …
Waitrose supports UAE government’s ban on single-use plastic bags
Waitrose & Partners UAE has announced to phase out all single-use plastic bags from its stores across the country as the new policy set by The Environment Agency – Abu Dhabi to ban single-use plastics at all checkouts comes into effect on 1st June 2022, with Dubai following suit from 1st July 2022. In …
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Coca-Cola Beverages Africa invests in $100 million plant
A new US$100 million Coca-Cola bottling plant at Sebeta in Ethiopia is set to unlock export opportunities, increase local production and ease foreign exchange constraints as it adds 500 employees to the workforce of Coca-Cola Beverages Africa (CCBA) in the country. The inauguration of the Sebeta Dima Coca-Cola factory was attended by government representatives, …
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Juustoportti uses SIG’s Combismile for juice range
Finnish food producer and co-packer has launched two new sugar-free and sweetener-free juices for children in SIG’s on-the-go combismile carton pack. SIG’s combismile filling line is already installed at Juustoportti’s Jalasjarvi production site and was first used in 2020 to launch Friendly Viking’s premium oat drink range and Hyvin’s yoghurts, fruit soups and protein …
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Toyo-Morton to offer bio-based laminating adhesives
Toyo-Morton, Japan’s leading manufacturer of laminating adhesives and a member of the Toyo Ink Group, has developed the ECOAD EA-B3860/EA-B1290, a high-solids solvent-based adhesive for use in the dry lamination of multilayered films in flexible packaging structures. Containing over 40% coating solids by weight, the new formulations contain less solvent and thus brings down …
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Spinneys announces to stop single-use plastic bags
Spinneys, a locally-owned supermarket has committed to putting a stop to single-use plastic bags in its stores across the UAE. In line with the new policy set by The Environment Agency, Abu Dhabi to ban single-use plastics at all checkouts starting from 1 June, Spinneys stores in Abu Dhabi will be removing its plastic …
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Sihl presents solutions for on-demand colour label printing
Silh, one of the global leading company for digital print substrates has announced to offer new solutions for the decentralised, on-demand printing of tearproof loop tags, hangtags and stick-on labels in short runs with its Enduro and Picofilm ranges. Sihl produces a range of films, papers and specialty materials for inkjet, solvent, UV curable, …
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