Dammam, Saudi Arabia – His Excellency Bandar AlKhorayef, Minister of Industry and Mineral Resources, has inaugurated PepsiCo’s expanded manufacturing plant in Dammam’s 2nd Industrial City, signaling the company’s ongoing investment in Saudi Arabia’s industrial sector. The SAR 300 million ($80 million) expansion is part of PepsiCo’s broader SAR 9 billion ($2.4 …
SIG and PulPac Partner to Scale Paper-Based Closures for Aseptic Cartons
SIG has partnered with PulPac to develop paper-based closures for aseptic cartons, aiming for large-scale production of caps and bases using Dry Molded Fiber technology. Announced on 22 July 2025, the exclusive programme seeks to match the performance of conventional plastic closures. The collaboration supports SIG’s commitment to reach 90 % …
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Napco National Expands Regional Presence with Acquisition of Arabian Flexible Packaging
Napco Investment LLC, a Dubai-based subsidiary of Napco National, has announced the acquisition of Arabian Flexible Packaging, a Ghurair Group company. Effective 1 August 2025, the move supports Napco National’s regional expansion and aligns with the UAE’s In-Country Value (ICV) localization framework. Founded in 1982, Arabian Flexible Packaging is a well-established flexible packaging manufacturer …
Heidelberg Posts Strong Q1 Growth, Underscores Packaging as Key Driver
Heidelberger Druckmaschinen AG (HEIDELBERG) has reported a strong start to financial year 2025/26, with first-quarter sales climbing to €466 million, up from €403 million a year earlier, driven by robust growth in Europe and Asia. The adjusted EBITDA improved to €20 million (Q1 2024/25: –€9 million), reflecting higher sales volumes, better capacity utilization, and cost-efficiency measures. …
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HEIDELBERG Acquires Polar Mohr to Strengthen Global Leadership in Packaging System
Heidelberg, Germany — July 25, 2025 — Heidelberger Druckmaschinen AG (HEIDELBERG) has announced a major strategic acquisition that underscores its ambitions to become the leading systems integrator in the global packaging and label industry. The company has secured exclusive rights to the technology, intellectual property, and brand of long-standing postpress partner Polar Mohr, …
Merit Packaging to Sell Key Assets to Kompass Pakistan
Merit Packaging Limited (MPL) has announced shareholder approval for the sale of significant assets to Kompass Pakistan (Private) Limited, marking a major shift in the company’s operational structure. The transaction, valued at Rs1 billion, includes the plant and machinery of MPL’s flexible packaging unit along with related goodwill. The decision …
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Ferrero to Acquire WK Kellogg Co for $3.1 Billion in Strategic Expansion
Ferrero Group has entered into a definitive agreement to acquire WK Kellogg Co for $23.00 per share in cash, placing the total value of the deal at $3.1 billion. The move is part of Ferrero’s strategy to expand its North American operations and diversify its product portfolio beyond confectionery. Announced on …
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ZEINOX and OQ Group Partner on $2.6 Million Plastics Facility in Oman
Muscat / Cairo, May 27, 2025 — A new joint venture between Egypt’s Arab Metals Company ZEINOX and Oman’s OQ Group will see the launch of a $2.6 million plastics manufacturing plant in the Sultanate of Oman, under the banner of the country’s LADAYN industrial programme. The agreement, signed during …
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SKOL Becomes First NSE Listing Since 2020, Marking Return of Activity in Kenya’s Equity Market
Shri Krishana Overseas Ltd (SKOL), a Kenyan packaging manufacturer, has become the first company to list on the Nairobi Securities Exchange (NSE) since 2020. The company listed 50.5 million shares by introduction at KES 5.90 each, valuing the transaction at KES 298 million (approximately US$2.31 million). The shares will trade …
RDM Group and Ecopol Launch Recyclable Barrier Board to Support Circular Packaging Goal
RDM Group has partnered with biodegradable film specialist Ecopol to introduce a new recyclable barrier board aimed at meeting evolving European circular packaging requirements. The collaboration brings together RDM Group’s recycled fibre cartonboard and Ecopol’s PVOH-based functional film. The resulting laminate is designed to offer packaging solutions that are both …