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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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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Quality Street, one of Nestlé’s most popular confectionery brands in the UK and across the world has announced to introduce recyclable FSC-certified paper packaging for its twist-wrapped sweets worldwide. The landmark move from dual foil and cellulose to recyclable paper wrappers will see Quality Street remove almost 2.5 billion individual pieces of packaging material …
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One of Europe’s leading take-away salad bar company Picadeli has replaced their single-use plastics lid with a formed fiber lid. The new lid is plastic-free, PFAS-free, renewable, recyclable, biodegradable and saves about 120 tonnes of plastic waste annually. Picadeli has 2,300 salad bars throughout Europe and the USA. With a strong focus on sustainability …
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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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As brands and converters seek solutions to increase the circularity of plastic packaging, Avery Dennison Label and Packaging Materials boasts to have removed a key obstacle to plastic recycling with the introduction of next generation AD CleanFlake technology. This innovation now extends the benefits of CleanFlake technology to our core film portfolio, combining with its …
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HEINZ: PAPER-BASED KETCHUP BOTTLE Heinz, maker of the world’s best-selling ketchup, is teaming up with Pulpex to develop a paper-based, renewable and recyclable bottle made from 100% sustainably sourced wood pulp. Heinz is the first sauce brand to test the potential of Pulpex’s sustainable paper bottle packaging for its range of world-famous condiments. ALTHIKA …
