Almarai Company has signed an agreement through its subsidiary, Teeba Investment for Developed Food Processing Company, to acquire 100% of the shares in Hammoudeh Food Industries. The deal, valued at SAR 263 million, is subject to adjustments and awaits regulatory approvals in Saudi Arabia and Jordan. Hammoudeh Food Industries, with over 50 years …
Tetra Pak launches ‘Made, Consumed, and Recycled in Saudi Arabia’ campaign
Tetra Pak has unveiled its ‘Made, Consumed, and Recycled in Saudi Arabia’ campaign, celebrating 44 years of operations in the Kingdom. The initiative highlights the company’s contributions to local economic growth, food security, and sustainability, aligning with Saudi Arabia’s Vision 2030 goals. Operating in the Kingdom since 1980, Tetra Pak has positioned its …
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Tetra Pak launches new Tetra Prisma® Aseptic 300 Edge Carton
Tetra Pak has partnered with a major European juice brand to introduce the Tetra Prisma® Aseptic 300 Edge carton, designed to enhance consumer convenience and sustainability. This new beverage carton, developed with a focus on renewable materials, aims to reduce its carbon footprint and meet the growing demand for environmentally friendly packaging. The …
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Sonoco launches 95% paper-based, fully recyclable cans
Sonoco has introduced its latest innovation in sustainable packaging with a 95% paper-based can, part of its EnviroCan® Paper Bottom range. This new product, which is fully recyclable, is aimed at enhancing the recyclability of packaging while maintaining durability and functionality. The 95% paper-based can replaces the conventional metal bottom with a fiber-based …
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Twellium and Sidel partner to establish new packaging hub in Ghana
Twellium Industrial Company has teamed up with Sidel to develop a new state-of-the-art packaging facility in Kumasi, Ghana. The greenfield project, which marks Twellium’s third production site, will house two complete PET packaging lines for both still and carbonated beverages. Twellium, known for producing non-alcoholic beverages such as Verna Mineral Water and brands like …
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Bluewater and NIA Middle East urge hospitality leaders to tackle single-use plastics
At the Responsible Hoteliers Summit in Dubai, Kamran Khan, CEO of NIA, urged hospitality leaders to take immediate action against the use of single-use plastic bottles. In his keynote address, Khan highlighted the staggering figure that 600 billion plastic bottles are sold globally each year, with less than 15 percent being recycled. “The majority …
RMB Corvest and Partners complete MBO of Nampak Liquid Cartons
RMB Corvest, in partnership with Dlondlobala Capital, has completed a management buyout (MBO) of Nampak Liquid Cartons, a division of Nampak Products Ltd, along with its operations in Zambia and Malawi. The acquisition will see the formation of the Diversified Liquid Packaging Group (DLP Group), which will retain its current operations and workforce. …
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Holoprint expands market presence in the UAE with sustainable innovations
Holoprint Security Solutions, part of the Holostik Group and established in 2015, has quickly emerged as a leader in the holographic products sector, particularly within the UAE. With its manufacturing plant in Dubai, Holoprint offers customized holographic security solutions to a diverse client base in over 40 countries. The company blends Indian values with …
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Tetra Pak unveils first Arabia Sustainability Report with emphasis on circular economy
Tetra Pak has released its first-ever Arabia sustainability report, highlighting the company’s initiatives and investments in circularity and environmental sustainability across the Middle East. The report outlines Tetra Pak’s progress in key areas including circularity, climate action, food systems, and social responsibility. A central focus of the report is Tetra Pak’s investment in …
Amcor appoints Peter Konieczny as CEO
Amcor has announced the appointment of Peter Konieczny as its Chief Executive Officer. Konieczny has served as Interim CEO since April 2024 and will be nominated for election as a director at the company’s Annual Meeting in November. Graeme Liebelt, Amcor’s Chairman, expressed confidence in Konieczny’s leadership. “Peter has demonstrated exceptional leadership in …