Heidelberger Druckmaschinen AG (HEIDELBERG) reported a notable increase in profitability for the third quarter of the 2024/2025 financial year. The company’s adjusted EBITDA margin rose to 9.2%, up from 5.7% in the same period last year, driven by high capacity utilization and cost-cutting measures. Sales for Q3 remained steady at €594 million, matching …
Tetra Pak and Al Rabie Forge Long-Term Partnership to Overhaul Saudi Production Facility
The project aims to modernize Al Rabie’s factory with cutting-edge digital technologies from Tetra Pak, enhancing efficiency and sustainability in line with Saudi Arabia’s Vision 2030. Tetra Pak has entered into a significant partnership with Al Rabie, a leading Saudi producer of juices, nectars, and dairy products, to modernize and digitize …
NGOs and Danone Reach Agreement on Plastic Use After Mediation
In January 2023, a coalition of NGOs—ClientEarth, Surfrider Foundation Europe, and Zero Waste France—filed a lawsuit against Danone, accusing the company of failing to comply with France’s duty of vigilance law regarding plastic use. Following mediation ordered by the Paris Judicial Court, the two parties have now reached an agreement, ending the legal proceedings. As …
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BEEAH Partners with Greenthesis to Launch First PE Film Recycling Facility in the Middle East
BEEAH, a leader in sustainability and innovation in the UAE, has partnered with Greenthesis, an Italian company specializing in industrial waste management and environmental services, to develop the Middle East’s first polyethylene (PE) film recycling facility in Sharjah. The facility will be located within BEEAH’s integrated waste management complex in the Al Sajaa area. …
Agthia raises stake in Abu Auf to 80%, strengthening packaged food and beverage growth
Agthia Group PJSC has increased its stake in Egypt’s Abu Auf to 80% after acquiring an additional 10% share. The move strengthens Agthia’s position in the packaged food sector while reinforcing its partnership with the Egyptian healthy snacks and coffee brand. The Auf family will continue to manage operations, focusing on product innovation and …
BOBST and partners showcase innovations at Turkish Roadshow Events
BOBST, in collaboration with key industry partners, held a two-day roadshow in Istanbul and Gaziantep in February 2024, highlighting the latest innovations in flexible packaging and labels. The event attracted packaging professionals from across Turkey to explore sustainable solutions and digital technologies. “The strong attendance at both locations reflects the Turkish packaging industry’s …
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Gulfood 2025: A Global Platform for Innovation, Networking, and Sustainability
Gulfood, the world’s largest annual food and beverage trade event, is set to return to Dubai in 2025, reaffirming its role as a crucial platform for industry professionals to connect, collaborate, and drive innovation. Running from February 17 to 21 at the Dubai World Trade Centre, this year’s event will span over 1 million …
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Ericsson, iot squared, and Alshaya Group launch Connected Recycling Platform in Saudi Arabia
Ericsson and stc Group’s iot squared have introduced the Ericsson Connected Recycling platform in Saudi Arabia, with Alshaya Group as the first adopter. The initiative aims to enhance waste management by diverting over 50% of Alshaya’s waste from landfills to recyclers, enabling the development of packaging with recycled content and improving waste tracking. …
Debbane Pour l’Agriculture Algeria partners with Masterpak to introduce agri film
Debbane Pour l’Agriculture Algeria, a subsidiary of Lebanon-based Debbane Group, has partnered with Masterpak, part of the Indevco Group, to introduce Agri Film in Algeria. The agricultural film is designed for greenhouse farming, aiming to enhance productivity and sustainability. The collaboration combines the expertise of both companies to provide solutions tailored to the …
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Heidelberg boosts profitability in Q3, packaging fuels growth
Heidelberger Druckmaschinen AG (Heidelberg) has reported a notable increase in profitability for the third quarter of the 2024/2025 financial year, with an adjusted EBITDA margin reaching 9.2%, up from 5.7% in the same period last year. The company attributes this improvement to high capacity utilization and cost-cutting measures. Sales for the quarter remained …
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