Stockholders of Sealed Air have approved the company’s proposed acquisition by an affiliate of Clayton, Dubilier & Rice(CD&R), marking a key step toward the completion of the $10.3 billion transaction that will take the global packaging supplier private. The approval was confirmed during a special meeting of stockholders held on February 25, 2026. The transaction remains …
CCL Industries signs agreement to acquire Sleever International to strengthen sleeve labelling portfolio
CCL Industries Inc. has signed a binding option agreement to acquire Sleever International Company SA, a global provider of shrink sleeve labelling solutions and application equipment for consumer packaged goods and healthcare markets. Headquartered near Paris, France, Sleever operates 11 manufacturing facilities across Canada, Europe, China and Brazil, offering shrink …
Indorama Ventures, Nigerian Breweries and Genesis Energy partner to develop one of Africa’s largest rPET production facilities by 2027
Indorama Ventures Public Company Limited has entered into a partnership with Nigerian Breweries Plc and Genesis Power & Energy Solutions Ltd to establish a large-scale food-grade recycled PET (rPET) production facility in Lagos, Nigeria. The planned facility will have an annual production capacity of approximately 45,000 tonnes of rPET resin …
SABIC restructures portfolio through divestment of petrochemicals and engineering plastics businesses
SABIC has announced plans to streamline parts of its global chemicals portfolio through the divestment of selected business units, as the company seeks to strengthen long-term growth and capital efficiency. The Saudi-based chemicals producer confirmed that it has signed agreements to sell its European petrochemicals business to investment firm AEQUITA …
UAE report highlights rising demand for eco-friendly packaging solutions
Demand for environmentally sustainable packaging solutions is increasing in the United Arab Emirates, according to findings released by the Mohammed Bin Rashid Innovation Fund (MBRIF), which cited growing interest from businesses seeking alternatives to conventional plastic packaging. The update was shared by the MBRIF, an initiative of the UAE Ministry …
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Henkel to acquire ”Not Your Mother’s” hair care and styling brand
Henkel has signed an agreement to acquire the consumer hair care and styling brand “Not Your Mother’s” from private equity investor Main Post Partners, the company announced from Düsseldorf. The transaction, which remains subject to regulatory approvals, will add a hair care portfolio with approximately €190 million in sales in fiscal year …
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Unilever inaugurates OMO liquid detergent production line in Saudi Arabia
Unilever has inaugurated a new OMO liquid detergent production line in Saudi Arabia in 2026, expanding its local manufacturing capacity while integrating recyclable polyethylene (PE) packaging bottles for the product range. The facility was launched to strengthen regional supply chains and support sustainability goals, with the detergent packaged in recyclable plastic bottles produced …
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SMI opens new branch in Nairobi to support bottling and packaging customers in East Africa
SMI has opened a new branch in Nairobi, Kenya, establishing SMI Machinery East Africa Limited to strengthen its presence in the region and provide closer support to customers in the African market. The branch will serve as a local point of contact for sales and after-sales services for existing and future customers …
DS Smith invests €13.4 million to upgrade Grenaa corrugated packaging facility in Denmark
DS Smith has announced a €13.4 million investment to upgrade its corrugated packaging production facility in Grenaa, Denmark, aimed at strengthening its capacity to supply fibre-based packaging solutions in Northern Europe. The investment focuses on enhancing converting and printing capabilities at the plant, including the installation of a new rotary die-cutting line designed for flexographic …
Balmer Lawrie UAE commissions robotic PPCP injection moulding lines to expand packaging manufacturing capacity
Balmer Lawrie UAE LLC has commissioned three high-capacity polypropylene copolymer (PPCP) robotic injection moulding production lines at its manufacturing facility in the United Arab Emirates, expanding its capabilities in plastics processing and packaging component manufacturing. The new installations were inaugurated in early February during a ceremony attended by His …