Oman OCTAL, the world’s leading supplier of clear rigid packaging materials has secured one of the biggest private sector financing deals in Oman of the last decade. An amount of $625 million of banking facilities comprising of syndicated term loan facility of US$ 225 million and working capital facilities aggregating to US$ 400 million …
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Egypt Huhtamaki’s flexible packaging unit in Egypt has received the highest rating of AA in a BRC audit earlier this month. The new unit, which is located in the greater Cairo area, was inaugurated in April 2019. The new Egypt unit is now certified to the BRC Global Standard for Packaging and Packaging Materials Issue …
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Europe Nestlé has moved to push its ambition of encouraging healthier and informed consumer choices when it informed that it will support Nutri-Score, a colour-coded system with a scale ranging from A (healthier choices) to E (less healthy choices) as its preferred nutrition labeling scheme for food and beverage products in continental Europe. Nutri-Score …
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India Henkel, in collaboration with Papier-Mettler, one of the market-leading European manufacturers of flexible packaging, has started using “I’m eco” shrink film for its automatic dishwashing brand Somat. The film with more than 50 percent recycled material was introduced to various European markets in which shrink film is used as transport packaging – among them …
UK ORPL, a recycling label not-for-profit, has launched the latest review process of its labelling rules to ensure they keep pace with developments in collections services and, for the first time, to take account of recycling infrastructure. The widely drawn Steering Group met for the first time on 3 July and aims to complete its …
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Germany SABIC, a global leader in the chemical industry, will highlight its certified circular polymers at K 2019, Hall 6 Booth D42 in October this year. SABIC’s certified circular polymers are being produced using a pyrolysis oil feedstock from the recycling of mixed plastic waste. As part of the intended project, SABIC is now …
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Croatia EcoCortec’s plant located in Beli Manastir, Croatia has become the first Cortec powered Nano VpCI to produce the first certified biodegradable anticorrosion film. EcoCorr Film, a biodegradable, compostable packaging film that provides contact, barrier, and vapour corrosion inhibition, is created in Cortec’s laboratories by utilising some of the most contemporary green technologies. EcoCorr Film …
Czech Republic Toray Graphics has introduced a waterless offset printing plate, Imprima LJ, which the company said, is aimed at those label printers who are looking for a high quality, high durability water-washable plate that provides printing stability and significant sustainability. The leading manufacturer of waterless offset plate technology said, the 175 lpi ensures that …
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Paris Evian unveiled an in-home water appliance, Evian (re)new, which provides consumers with the unique purity of Evian natural mineral water at home from the source with a significant reduction in plastic packaging. The collapsible 5L ‘bubble’ surrounding the water incorporates new generation design thinking leveraging the physics of materials: the thin and light ‘bubble’ …
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Switzerland The label printing market continues to grow: the global market was valued at $36.98 billion in 2017 and is forecast to reach $45.22 billion by 2022. This is driven in part by changing market dynamics and ever-evolving demands from label customers, with a growing number of SKUs, a dramatic reduction in average job lengths …
