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 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 …
SIG has introduced a new recycle-ready bag-in-box packaging solution for wine, using its SIG Terra RecShield BD laminate and SIG Terra FlexTap. The new offering is designed to meet the performance demands of wine distribution while also aligning with recyclability criteria. The bag-in-box format marks SIG’s first wine packaging to be recognized under the APR …
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The Coca-Cola Foundation (TCCF) and the Global Environment and Technology Foundation (GETF) have partnered with Saudi Arabia’s women-led technology company Naqaa Solutions for Environmental Services to advance packaging waste reduction and recovery efforts in the Kingdom. Through the company’s platform, Lesser App, the initiative will implement targeted PET plastic collection …
[Nairobi, Kenya – July 31, 2025] A regional learning exchange on Extended Producer Responsibility (EPR) and circularity concluded in Nairobi, Kenya, following a week-long engagement between Kenyan and Rwandan stakeholders. The initiative, organised by the Kenya Plastics Pact (KPP) in partnership with Rwanda’s Ministry of Environment and GIZ (WCE Project), focused on sharing …
Imdaad has signed a Memorandum of Understanding (MOU) with Enviroserve Services to promote responsible e-waste collection and recycling across key developments in Dubai. Under the agreement, Enviroserve will install smart e-waste bins, skips, and recycling points in facilities managed by Imdaad, primarily within the Jebel Ali Free Zone (JAFZA). The initiative …
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Al Meera Consumer Goods Company (Q.P.S.C.), in partnership with Al Rayan Bank and the Ministry of Environment and Climate Change, marked International Plastic Bag Free Day on July 3 with the launch of a nationwide reusable bag campaign under the slogan “I am not made of plastic.” The initiative introduced …
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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 …
Researchers from Japan’s RIKEN institute and the University of Tokyo have developed a new plastic material that dissolves completely in seawater within one to three hours, with no toxic residue or microplastic byproducts. The material is made from food-safe components and utilizes ionic bonds that remain stable during use but rapidly disintegrate in …
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Emirates Printing Press (EPP) has been awarded the EcoVadis Gold Medal in recognition of its commitment to sustainability. The accolade places EPP among the top 5 percent of companies evaluated globally by EcoVadis, a platform that assesses corporate sustainability across environmental, labour and human rights, ethics, and sustainable procurement pillars. EPP undertook …
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