Cairo, May 30, 2023 – Edita Food Industries S.A.E. (EFID.CA on the Egyptian Exchange & EFID.L on the London Stock Exchange), a prominent player in the Egyptian packaged snack food market, has announced its entry into the frozen bakery segment in Egypt through the acquisition of Fancy Foods. The deal, valued at EGP …
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Almarai Company, the leading dairy producer in Saudi Arabia, has announced a 7.06% increase in net profit for the second quarter of 2023. The company’s net profit reached 557.08 million Saudi riyals ($148.45 million), compared to 520.36 million riyals in the same period last year. The growth in profit can be attributed …
Tetra Pak, is expanding its services to enhance efficiency and reduce food losses in the food and beverage production process. Acknowledging the broader challenges faced by the food supply chain, Tetra Pak aims to tackle the global issue of food loss, which amounts to approximately 14 percent of the world’s food, valued at …
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IFFCO Group, based in the UAE, plans to boost its condiments production capacity by deploying Sidel’s PET lines in the UAE and establishing a new facility in Iraq. Entrusting Sidel with the turnkey project, IFFCO Group aims to achieve maximum efficiency. Andrey Dribny, CEO of IFFCO Group said, “This will be the first factory …
SABIC, a global chemical industry leader, has announced the successful launch of another project as part of its TRUCIRCLE™ program, which aims to promote a circular plastic economy. Italian pasta manufacturer Garofalo has introduced a new packaging solution made using SABIC’s certified circular polypropylene (PP). The sustainable material is derived from advanced recycling and transformed …
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Hotpack Global, a UAE-based leader in sustainable packaging products, has partnered with Spinneys, a prominent supermarket chain in the UAE, to pioneer sustainable retail packaging solutions. As part of this initiative, Hotpack Global has introduced 100% post-consumer recycled (PCR) shopping bags for Spinneys retail outlets across the UAE, making Spinneys the first retailer …
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KitKat, the renowned brand known for its crispy wafer bars, has introduced its latest innovation—the five-finger bar. This exciting development has already been launched, revolutionizing the classic four-finger KitKat by adding an extra finger, known as the KitKat Thumb. To commemorate this milestone and showcase its commitment to the new design, KitKat …
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In a significant stride towards sustainable packaging, NOVA Chemicals Corporation has joined forces with industry partners to establish the global supply of biaxially oriented high-density polyethylene (BOPE-HD) film. This innovative film, produced using NOVA Chemicals’ resin, offers a fully recyclable alternative to traditional mixed-material films, contributing to waste reduction and prolonging the lifespan …
BASF, a leader in the chemical industry, is expanding its ecovio® portfolio with a new certified home-compostable grade for extrusion coating on paper and board. The latest addition, ecovio® 70 PS14H6, has received food-contact approval and offers excellent barrier properties against liquids, fats, grease, and mineral oil. It demonstrates temperature stability at boiling water …
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DP World UAE’s Chief Operations Officer for Parks and Zones, Abdulla Al-Hashmi, has highlighted the company’s efforts to build a resilient food supply chain in the Middle East and beyond, thanks to its state-of-the-art infrastructure and digital trade solutions. The National Food Security Strategy 2051, launched in 2018, has played a significant role …
Continue reading “JAFZA: The ultimate destination for F&B packaging businesses – here’s why”
