The Middle East and Africa (MEA) paper and pulp industry is expected to surpass USD 20 billion within the next six to seven years, driven by growing demand for packaging solutions. GCC countries, particularly Saudi Arabia and the UAE, are leading this rise, with paper packaging playing a key role in the region’s growth, …
Origin Materials unveils CapFormer System, completes Factory Acceptance Test
Origin Materials has introduced its CapFormer System, the first commercial-scale manufacturing system for PET caps and closures. The company has also successfully completed the Factory Acceptance Test for the system, validating its performance specifications with over 98% manufacturing efficiency. “Today marks a significant milestone for sustainable packaging and recycling,” said Origin Co-CEO and …
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Felix Schoeller to open Competence Center in Turkey and Middle East in 2025
Felix Schoeller, a global specialty paper manufacturer, is set to open a new competence center in Istanbul in January 2025, expanding its services to Turkey and the Middle East. The center will provide customer service, technical support, and consulting for its premium specialty papers. The announcement was made ahead of the Intermob trade fair …
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Amcor appoints Peter Konieczny as CEO
Amcor has announced the appointment of Peter Konieczny as its Chief Executive Officer. Konieczny has served as Interim CEO since April 2024 and will be nominated for election as a director at the company’s Annual Meeting in November. Graeme Liebelt, Amcor’s Chairman, expressed confidence in Konieczny’s leadership. “Peter has demonstrated exceptional leadership in …
Husky Technologies names Bradley Selleck as new CEO, John Galt transitions to Chairman
Husky Technologies has announced a leadership transition, with current Chief Operating Officer Bradley Selleck set to take over as CEO on October 1, while long-serving CEO John Galt will assume the role of Chairman. Husky, a global provider of solutions for the beverage, consumer goods, and medical device markets, is part of Platinum Equity’s …
Fosber partners with Print & Pack TEC to expand Middle East presence
Fosber S.p.A. has announced the appointment of a new agent for key markets in the Middle East, including the United Arab Emirates, Saudi Arabia, Qatar, Oman, and Kuwait. The company has partnered with Print & Pack TEC, a provider of solutions and services for the paper converting and corrugated industries in the region. …
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Reifenhäuser expands field service operations in MEA region
Reifenhäuser Group, a leading provider of plastics extrusion technology, is significantly expanding its field service operations in the Middle East and Africa (MEA) region. This move follows the establishment of a sales office in the United Arab Emirates five years ago and aims to enhance local customer support. The company is opening a …
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Gulf Capital sells stake in Middle East Glass after significant growth
Gulf Capital has divested its strategic stake in Middle East Glass S.A.E. (MEG) to MENA Glass Holdings Limited. This move comes following a notable expansion in MEG’s operations and financial performance during Gulf Capital’s holding period. MEG, now the largest glass packaging manufacturer in the Middle East and the second largest in Africa, …
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Agfa to unveil new packaging innovations at PRINTING United
At PRINTING United in Las Vegas from September 10-12, 2024, Agfa will showcase its latest advancements in inkjet print production, focusing on new packaging technologies designed to enhance efficiency and precision. The company will debut the MAX Bots for the Tauro H3300 UHS, which now integrates robotic automation to streamline substrate handling. These …
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XSYS acquires MacDermid Graphics Solutions, appoints new CEO
XSYS has announced the signing of an agreement to acquire the MacDermid Graphics Solutions business and the appointment of a new CEO. The transaction involves purchasing certain shares and assets from subsidiaries of Element Solutions Inc. (NYSE: ESI), including MacDermid Graphics Solutions, for an enterprise value of approximately $325 million. The deal has received …
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