Uteco, a global leader in printing and converting machinery, and Smartjet, an Italian company specializing in industrial digital inkjet printing solutions for the packaging sector, have signed a binding equity agreement. This partnership aims to expand their presence in the converting market and address emerging challenges in flexible packaging. The strategic alliance between …
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Saudi Arabian-based Al Eqtessad has emphasized its longstanding partnership with HP, highlighting how the collaboration has enabled the company to support print service providers and customers across various industries. Established in 1966 and headquartered in Riyadh, Al Eqtessad operates two core divisions – Machines and Furniture – with print solutions being the primary focus …
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Heidelberger Druckmaschinen AG (HEIDELBERG) has announced preliminary figures for the 2023/2024 financial year, showing stable sales and profitability despite challenging market conditions. The company achieved sales of approximately €2.4 billion and an adjusted EBITDA margin of 7.2 percent, meeting its forecast. Free cash flow, excluding special items, reached around €50 million, marking the …
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National Printing & Packaging Co (NPPC) is upgrading its Koenig & Bauer Compacta C408 presses as part of a dedicated investment program aimed at boosting productivity and reliability. The Saudi Arabian textbook printing specialist, which operates two Compacta C408s installed in 2002 and 2013, is investing in a series of retrofits to future-proof its …
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Indian FMCG companies are increasingly turning to Dubai as a springboard for global expansion, according to Ashraf A. Mahate, Dubai’s chief economist for trade and export development. By capitalizing on Dubai’s robust infrastructure and strategic location, these businesses are strategically aiming to penetrate key markets in regions like the Middle East, Africa, and …
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PulPac and LAKRIDS BY BÜLOW have announced a collaboration to develop sustainable packaging solutions using PulPac’s Dry Molded Fiber technology. This partnership aims to create environmentally friendly packaging alternatives for the premium confectionery brand. PulPac’s Dry Molded Fiber technology uses renewable fibers from responsibly managed forests, offering a resource-efficient and cost-competitive alternative to …
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In a move that highlights their commitment to innovation, Al-Shams Printing and Packaging, a prominent player in Saudi Arabia’s printing sector, has recently upgraded their fleet with the Heidelberg Speedmaster XL106-6+LX3 Combi. This new machine, known for its fully automated and high productivity features, is capable of printing both conventional and UV inks, as …
International Packaging Films Limited (IPAK) has achieved a significant milestone in Pakistan’s packaging industry, emerging as the largest manufacturer of flexible packaging films in the country. The inauguration of its two subsidiaries, Global Packaging Films (Private) Limited (GPAK) and PETPAK Films (Private) Limited (PETPAK), held on April 23, 2024, at Quaid-e-Azam Business Park, Sheikhupura, …
BOBST and Huhtamaki have teamed up to revolutionize sustainable packaging, aligning their values, missions, and skills to drive real progress. Huhtamaki, a Finnish-based global player in flexible packaging, specializes in sustainable solutions and aims to make packaging more circular. For BOBST, sustainability is integral to its vision of shaping the future of packaging, alongside …
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GEW has appointed Next Graphics as its exclusive sales distributor in Pakistan for all label, narrow web, and sheetfed offset business. This partnership includes the provision of spare parts and technical service support to customers across the country. Founded in Lahore, Pakistan, Next Graphics has expanded its operations with a new office in …
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