ElitePlus++ Business Services will host the 12th edition of the Speciality Films & Flexible Packaging Global Summit & Expo – 2025, the world’s largest and most influential event dedicated to films and flexible packaging. Scheduled for September 3 and 4 at the Reliance Jio World Convention Centre in BKC, Mumbai, this flagship summit is set …
Parakh Flexipacks strengthens partnership with BOBST with fourth printing press
Parakh Flexipacks has installed its fourth printing press from BOBST — the VISION CI Flexo. The commissioning marks ten years of collaboration between the two companies. Established in 2003, Parakh Flexipacks is part of the ₹4,000 crore Parakh Group and supplies flexible packaging across sectors including FMCG, dairy, beverages, snacks, confectionery, hygiene, and apparel. The …
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ADIA exits IFCO as Stonepeak joins Triton in reusable packaging venture
A subsidiary of the Abu Dhabi Investment Authority (ADIA) has agreed to divest its approximately 50% stake in IFCO Group to Stonepeak, an alternative investment firm focused on infrastructure and real assets. The deal positions Stonepeak as a joint and equal owner alongside Triton, which remains a committed partner in the business. …
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Huhtamaki Egypt awarded Golden License for sustainable packaging facility in Sadat City
Huhtamaki Egypt has received the Golden License from the Egyptian Cabinet to establish a molded fiber packaging plant in Sadat City, Monufia Governorate. The facility, set to open in August 2026, will be developed with a total investment of EGP 1.47 billion. The plant will cover 22,000 square meters and …
PepsiCo Opens Expanded Manufacturing Plant in Dammam Following SAR 300 Million Investment
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 …
Yamato Unveils High-Speed Twin Scale for Food Packaging Efficiency
Yamato Corporation has introduced the Omega-0132MV, a high-speed twin multihead weigher, aimed at improving throughput in food manufacturing and co-packing operations. Part of the company’s Omega Series, the new model offers a reported weighing capacity of up to 600 weighments per minute—300 per side—making it the fastest combination scale currently on the …
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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 …
Coca-Cola Beverages Africa Invests R365m in High-Speed Bottling Line in Midrand
Coca-Cola Beverages Africa (CCBA) has invested R365 million in a new high-speed bottling line at its Midrand plant in Gauteng. The facility is designed to produce 72,000 bottles per hour and will expand the company’s capacity in the hydration category. The line will manufacture Bonaqua Pump Still 750ml and Powerade 500ml …
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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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Saudi German Nonwovens Inaugurates Rabigh Facility Expansion Featuring Reicofil 5 Technology
Saudi German Nonwovens (SGN) has officially inaugurated its expanded manufacturing facility in Rabigh, located in the Western Province of Saudi Arabia. The event marked the commissioning of Line No. 5, equipped with the latest Reicofil 5 technology, further enhancing SGN’s production capabilities and innovation capacity in the nonwovens sector. The …