Durst has begun marking its 90th anniversary in early 2026, tracing its origins back to 1936 in Brixen, South Tyrol. Founded by Julius and Gilbert Durst in a former brewery, the company initially focused on camera repairs before developing photographic enlargers. Despite political pressure during the fascist era in Italy, the company retained …
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Arab Shipbuilding and Repair Yard (ASRY) and Roboze have signed a partnership agreement to establish Bahrain’s first facility dedicated to advanced additive manufacturing, to be located within ASRY’s premises in the Kingdom of Bahrain. The agreement was signed in the presence of His Royal Highness Prince Salman bin Hamad Al Khalifa, …
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Borouge Plc has announced the completion of a proof of concept for AI-powered autonomous operations at its Ruwais production facility, developed in partnership with Honeywell. The milestone forms part of the company’s broader AI, Digitalisation & Technology (AIDT) programme, which aims to generate $575 million in value during 2025. The …
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Funds advised by Apax Partners have acquired a significant minority stake in iD Fresh Food through a secondary transaction involving Premji Invest and NewQuest. Both existing investors will retain a portion of their stake following the deal. Financial terms have not been disclosed. The transaction is aimed at supporting the company’s …
Packaging manufacturer ALPLA has established a new recycling company in the Netherlands to pilot a solvent-based recycling process for food-grade high-density polyethylene (HDPE). The four-year initiative is being implemented in partnership with the National Test Centre for Circular Plastics (NTCP) at a facility in Heerenveen. The project has received funding …
The Meliha Dairy Factory in Sharjah was officially inaugurated by Sheikh Dr. Sultan bin Muhammad Al Qasimi, marking the launch of a fully integrated dairy production and packaging operation in the United Arab Emirates. A central feature of the project is the deployment of Tetra Pak’s carton packaging technology, which forms a core …
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Tabreed, the UAE-based district cooling company, has partnered with cleantech firm Sparklo to expand the country’s recycling infrastructure through the deployment of reverse vending machines (RVMs). The initiative includes the installation of 16 Tabreed-branded “Sparklomat” units in high-traffic locations across Abu Dhabi and Dubai. One Sparklomat has already been placed at Tabreed’s headquarters, while the …
Cepack Group, part of Egypt’s HSA Group, has signed an agreement with BHS Germany to install a new corrugated cardboard production line. The move is expected to increase Cepack’s production capacity by around 70%. The agreement was formalized between Muneer Ahmed Hayel Saeed Anam, Managing Director of HSA in Egypt, and Zeina, …
Naarden-based beverage tech startup Founteyn has raised €19.3 million ($22.8 million) in an oversubscribed Series A funding round, with strategic backing that includes a commercial partnership with PepsiCo. According to EU Startups, the round was led by APG, on behalf of ABP, alongside Flying Fish and Leysern Aquacore. Founteyn has developed …
LAGOS, Nigeria – Beta Glass Plc, a manufacturer of glass packaging in West and Central Africa, will undergo a change in ownership following the decision by its majority shareholder, Frigoglass Group, to divest its stake in the company. Frigoglass Group has signed an agreement to sell all its shares in Frigoinvest …
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