Almarai Company won the award for the Best Shariah Compliant Deal for the year 2022, during the 4th Annual Business Tabloid Awards held at Dubai, on the 19 January 2023. The Almarai deal that won the “Business Tabloid” award was a long-term loan acquired from Three banks in the Kingdom of Saudi Arabia for …
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The Alpla Group has announced a successful financial year 2022 in spite of the crisis. Sales of 5.1 billion euros exceeded the previous year’s figure by 27.5 per cent. In addition to the company’s growth strategy, the record turnover reflects the significantly higher costs for energy, materials, staff and transport. In 2023, the packaging …
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Mondi, one of the global leaders in packaging and paper is expanding its unique range of medium, high and very high-barrier paper-based packaging to support customers on their journey to use more sustainable packaging solutions. The company has further evolved its portfolio and now offers a full range of FunctionalBarrier Papers to customers. By …
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Waitrose has announced that it is the first UK supermarket to sell certified own brand home compostable tea bags. All of its Duchy tea bags are now accredited with a TUV OK compost HOME certification so tea bags can be placed directly into a home compost bin or heap. This compost can then be …
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The Ministry of Industry and Advanced Technology (MoIAT) on 17 January 2023 oversaw the signing of a memorandum of understanding (MoU) at Abu Dhabi Sustainability Week (ADSW), which will lay the groundwork for new plastic recycling facility in the UAE. Under the plans, a 12,000 tons per annum polyethylene terephthalate (PET) recycling plant has …
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The Ministry of Industry and Advanced Technology (MoIAT) today issued a ministerial decision on regulating the trade of recycled plastic water bottles in line with top public health and food safety standards. Announced at Abu Dhabi Sustainability Week (ADSW) 2023, the new decision contributes to the UAE’s commitment to preserving resources and supporting the shift …
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(r) Christian Kolarik, CEO, Coveris Christian Kolarik takes over the CEO position at Coveris at the beginning of 2023. His predecessor, Jakob A. Mosser, will assume the role of Executive Chairman. In 2022, one year ahead of schedule, Coveris, one of the market leaders in the packaging sector, successfully completed its strategic realignment phase. …
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SABIC, one of the global leaders in the chemicals industry, has reaffirmed its commitment to accelerating the circular carbon economy during the World Economic Forum Annual Meeting in Davos by unveiling its ambition to process one million metric tons (1000kt) of TRUCIRCLE solutions annually by 2030. SABIC used its reception hosted in the company’s …
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Coca-Cola Beverages Africa (CCBA) has announced to change its returnable glass bottles of 1.25 litres to make them more eco-friendly with paper labels and reusable across all the brands. The company stated that the clear glass in standardised shapes is reusable and easier to recycle. The paper label will allow Coca-Cola to list …
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Crown Beverages Limited has announced the addition of a 20-litre jumbo size bottle to their Nivana brand. The reveal was made by the CEO, Paddy Muramiirah at the new plant in Kakungulu, Entebbe road where two dedicated water production lines targeted to enhance capacity have been set up. “It is with great pride and …
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