BW Flexible Systems, a Barry Wehmiller Packaging Systems company, has opened a Technical Centre of Excellence in Nottingham, England, as part of its plans to better serve customers across EMEA. The new centre, along with existing facilities in Italy and the Netherlands, will expand the company’s product testing capabilities, enhance customer collaboration for complex projects …
Regional waste management firms win global Nestlé honours
Ten companies are vying for this year’s Nestlé Creating Shared Value (CSV) Prize, which recognises system-changing initiatives for some of today’s most critical environmental and social issues. The finalists have been whittled down from 173 submissions by Nestle’s packaging experts over the past 10 months since entries were invited. The Nestlé CSV Prize 2020-2021 identified …
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Huhtamaki acquires Elif, reinforces market position
Huhtamaki has entered into an agreement to acquire Elif Holding A.Ş. (Elif), a major supplier of sustainable flexible packaging to global FMCG brand owners, with operations in Turkey and in Egypt. With this acquisition, Huhtamaki reinforces its position as a leading flexible packaging company in emerging markets and strengthens its existing flexible packaging business in …
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UFlex Ltd posts record net profit as demand for packaging materials surges
The largest flexible packaging company in India and one of the leading flexible packaging companies in Asia pacific region Uflex Ltd declared its earnings for the quarter ending March 2021 and fiscal 2020-21, posting strong numbers with surge in Consolidated Net Profit of 163% as its Consolidated EBITDA jumped by 87%. Declaring its earnings …
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Reasons for the UAE’s historic and current growth
Diversification over the decades and an effective coronavirus response last year accounts for the country’s past and present successes The UAE economy has expanded 57 times in the past five decades, rising from AED6.5billion to about ED353.9bn in 2020. In 2021, gross domestic product is expected to swell to AED373.15bn, as per International Monetary Fund …
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Constantia Flexibles announces the acquisition of Propak in Turkey
Constantia Flexibles signed an agreement to acquire the packaging producer Propak located in Dücze, Turkey. Propak is a leading player in the European packaging industry for the snacks market operating out of one plant with approximately 360 employees and will perfectly complement Constantia Flexibles’ packaging solutions portfolio. The acquisition elevates Constantia Flexibles to one of …
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virtual.drupa 2021 debuts digitally
virtual.drupa debuted from 20 to 23 April 2021 as the first purely digital version of the leading global trade fair for printing technologies. The virtual event successfully bridged the gap between the previous and forthcoming face to face event in 2024. The event introduced its new format of Print & Packaging Community that received feedback …
Ferrarini & Benelli to present latest digital innovation at Virtual Drupa
Ferrarini & Benelli is officially one of the exhibitors of Virtual Drupa, the digital version of the Drupa Exhibition taking place from the 20th to the 23rd of April. In an effort to boost productivity and improve digital relations, the organizers have set up a digital version of the Drupa exhibition. Ferrarini & Benelli …
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How cause-related packaging can boost your brand
To stimulate consumer and shopper response to cause marketing, brand owners are increasingly turning to package design writes Doaa bin Thabit, Contributing Editor, Packaging MEA Do good to do well” is becoming the motto for a growing number of consumer-packaged goods companies and the way that businesses express their social responsibility. Thus, cause-related marketing …
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Avery Dennison to Acquire JDC Solutions, Inc.
Glendale, CA —Avery Dennison has agreed to acquire JDC Solutions, Inc., a privately owned manufacturer of pressure-sensitive specialty tapes headquartered in Mount Juliet, Tennessee, for the purchase price of $24 million. JDC employs approximately 75 employees located at its headquarters and manufacturing site in Tennessee, with approximately $30 million in annual revenue. JDC manufactures …
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