Almarai Company Annual Report 2021 won third place for the award as the best annual report in the category of large-cap companies in the Middle East. This award was granted to Almarai by the Middle East Investor Relations Association (MEIRA) at its seventh conference, held on 24 October 2022 in Riyadh. The company …
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PepsiCo has announced to introduce bottles made from recycled plastic in several of the region’s markets across beverage brands like Aquafina and Pepsi. With only one country in the region allowing the use of recycled plastic in food and beverage packaging in 2020, PepsiCo continues its journey of policy unlocks aiming to introduce recycled bottles …
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Tetra Pak held a signing ceremony with Nuitree Food to establish a specialised plant-based manufacturing facility in the UAE. The facility aims to provide a comprehensive End-to-End processing and packaging solutions delivery. The collaboration is set to be one of the region’s premier solutions by Tetra Pak, a regional pioneer and Nuitree Food, a …
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Taking a quantum leap forward in reducing weight in packaging, Amcor Rigid Packaging has announced to develop a revolutionary two-step, lightweighting technology that eliminates more than 50% of the material and weight in the finish of the bottle. A leader in developing technology that produces more sustainable packaging options, ARP’s new Quantum technology for polyethylene …
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Brand Finance, a global specialist in evaluating brands, has ranked Almarai Company as the seventh among dairy companies in terms of brand value. The Almarai brand was estimated at $2.7 billion in the annual update of the Brand Finance World Brands Report 2022. The market value of Almarai Company is 56 billion riyals in …
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Almarai Co. has reported a net profit after Zakat and tax of SAR 1.404 billion for the first nine months of 2022; a 10% year-on-year (YoY) rise from SAR 1.277 billion. The preliminary financial results of Almarai Company showed that its net profit increased by 13% in the third quarter of 2022, to about …
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Building on its longstanding commitment to environmental sustainability, Fiji Water has transitioned its iconic and best-selling 500 mL and 330 mL bottles to 100% recycled plastic (rPET). The move is a substantial step in reducing plastic waste and replaces almost 65% of Fiji Water’s bottle volume with recycled material. The company is committed to …
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Amcor Rigid Packaging (ARP) introduces the DairySeal line of packaging that features ClearCor, an advanced polyethylene terephthalate (PET) barrier. With the introduction of DairySeal, the exploding nutritional, dairy alternatives, and ready-to-drink (RTD) market will now have a more sustainable packaging option that can be leveraged across all retail channels. The ClearCor PET barrier technology …
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PepsiCo and Saudi Arabia’s Prince Sultan University (PSU), signed a memorandum of understanding (MoU) to engage students in an experiential learning journey and help foster a circular economy in the Kingdom. The MoU aims to strengthen efforts towards achieving a zero-waste future for the university campus, and challenges students to dig deeper into the …
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Almarai Company recently donated food baskets to 13 charities serving the Kingdom of Saudi Arabia in various areas as part of its CSR effort. Sheikh Mohammed bin Rashid Complex for the memorisation of the Quran in Riyadh, The Supervisory Office of the Qur’an Circles in Hubuna Governorate – Najran, Charitable Society for Orphans Care …
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