UPM Specialty Materials and Felix Schoeller have jointly developed a fibre-based barrier solution designed for flexible food packaging applications, including chocolate and snack bars. The development addresses increasing demand for recyclable packaging and aligns with anticipated requirements under the EU Packaging and Packaging Waste Regulation (PPWR). The solution is based …
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International Paper has entered into an agreement to acquire North Pacific Paper Company (NORPAC), a portfolio company of One Rock Capital Partners, for $360 million. NORPAC operates a paper manufacturing facility in Longview, Washington, employing approximately 500 people. The site runs three paper machines and produces about one million tons of …
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Husky Technologies has entered into a strategic collaboration with SEM Plastik, through its medical division SEM Biotech, to support the production of blood collection tubes in Türkiye. The partnership marks SEM’s expansion into the medical manufacturing sector, building on its established plastics and packaging operations. As part of the agreement, SEM …
Siegwerk has introduced UniLEAF, a new acrylic-free ink formulation for water-based flexo printing on paper and board, marking a shift in ink design within packaging applications. The development replaces conventional acrylic resins with polymers derived from regenerative, bio-based raw materials. According to the company, the formulation builds on its existing …
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Sidel has introduced a returnable polyethylene terephthalate (PET) bottle designed specifically for still water applications, marking a shift in how reusable packaging is developed for this segment. According to the company, the new Returnable PET – Still Water bottle responds to increasing regulatory pressure and consumer expectations around reuse, particularly …
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Brookfield Asset Management has acquired Fosber Group in a transaction valued at approximately $900 million, completing a carve-out from Guangdong Dongfang Precision. Fosber designs and manufactures corrugator lines and related systems used in the production of corrugated board. Its operations span Italy, the United States and China, supplying equipment …
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Emami Limited has signed a definitive agreement to acquire the remaining ~73.5% stake in Axiom Ayurveda Pvt Ltd, marking its formal entry into the beverage segment and strengthening its position in health and wellness categories. The transaction, valued at up to ~USD 24.1 million, follows an initial tranche in which …
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Saudi Arabia’s BinDawood Holding has signed a binding agreement to acquire a 51% stake in Vaza Food Company for approximately SAR 217.5 million ($58 million), marking a strategic move to strengthen its position in fresh and specialty food segments. The transaction, executed through Future Retail for Information Technology Co., …
Solico Group has strengthened its regional manufacturing footprint with the launch of its AED 130 million SoFood facility in Jebel Ali Free Zone (Jafza), Dubai—an investment that underscores the growing importance of integrated processing-packaging in export-oriented food production. The facility, designed with an initial production capacity of up to 40 tons …
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Amcor has introduced a new generation flip top closure designed for condiments such as mayonnaise, ketchup and sweet sauces, as part of its ongoing packaging development efforts. The closure, branded as the 55 mm Flava Flip Top Closure 38/400, represents an updated version within the company’s 38/400 neck finish range. …
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