PepsiCo invests $40 million cash injection in Ethiopia

PepsiCo to finalise an investment proposal of approximately USD 40 million(ETB 2 billion) to expand its Senselet snacks business in Ethiopia, and is considering the possibility of further investments in the country to expand the company’s portfolio beyond snacks.   Senselet is a wholly owned PepsiCo subsidiarythat produces chips under the brand name SUN Chips. …

SIG invests in new recycling technology for aseptic cartons

SIG has announced a BRL 10 million investment in innovative recycling technology that will enable polymers and aluminium from used aseptic carton packs to be recovered and sold separately for the first time on an industrial scale in Brazil.   By expanding the range of applications for recycled materials from used aseptic cartons, SIG expects …

Agthia Group appoints Sherif Elfaham as CFO

Agthia Group PJSC, one of the region’s leading food & beverage companies, has announced the appointment of Sherif Elfaham as Group Chief Financial Officer, effective 1 January 2023.   Sherif brings strong strategic, commercial, and operational experience across a range of consumer-facing businesses, having spent over 20 years with Unilever in the UK, North Africa, …

Notpla wins Earthshot Prize for its packaging

Notpla has been announced as the winner of the prestigious environmental award, The Earthshot Prize.   Founded in 2020 by His Royal Highness, Prince William, and the Royal Foundation, the Earthshot Prize aims to find innovative solutions that can repair the planet by 2030. Recognised for their inspiring efforts to create a fully sustainable and …

Amcor partners with Mars Wrigley for paper-based packaging solutions

Amcor has proudly partnered with Mars Wrigley to transition its Mars, Snickers and Milky Way chocolate bars to Amcor’s AmFiber Performance Paper packaging.   The new recyclable paper-based packaging, made from sustainably sourced paper certified by the Forest Stewardship Council, is locally manufactured and dynamic enough to be printed with either flexographic or gravure technology …

Coca-Cola Company names new president for Africa unit

The Coca-Cola Company has announced that Luisa Ortega to become president of the company’s Africa operating unit, overseeing markets across the continent. Ortega currently serves as president of the company’s central zone in Latin America, which includes Colombia, Venezuela, Peru, Ecuador, Central America and the Caribbean.   Ortega replaces Bruno Pietracci, who has been named …

Amcor progresses on recycling materials for food and healthcare markets

Amcor has announced a five-year deal with ExxonMobil to purchase certified-circular polyethylene material in support of its target to achieve 30% recycled material across its portfolio by 2030. The volume of material will increase incrementally each year, and is expected to reach 100,000 metric tons annually at the end of the five-year period.   Made …

Dow receive RecyClass approval for mechanical recycling in Europe

Two Dow adhesive systems commonly used for a broad range of polyethylene (PE) film packaging applications have been approved as compatible for mechanical recycling following a rigorous scientific evaluation by the non-profit, cross-industry initiative RecyClass. The approval covers solvent-free MOR-FREE L 75-300/ CR88-300 and water-borne ROBOND L-350/ CR-3 lamination adhesives1, which will add an adhesive …