Amcor plc and Berry Global Group, Inc. have announced an all-stock merger, creating a global packaging leader. The combined company will focus on consumer and healthcare packaging, with shareholders from Amcor and Berry holding approximately 63% and 37% ownership, respectively. The boards of both firms have unanimously approved the merger, valuing Berry’s common …
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Indorama Ventures has announced a collaboration with Suntory, ENEOS Corporation, Mitsubishi Corporation, Iwatani, and Neste to launch the world’s first commercially produced PET bottles made from bio-paraxylene. The innovative bottles, made from used cooking oil, mark a significant step in sustainable packaging, with the potential to reduce CO2 emissions in PET production. Starting …
Tetra Pak and Lactalis have introduced a carton package using certified recycled polymers linked to used beverage cartons, marking a significant development in the beverage carton industry. The material is certified by the International Sustainability and Carbon Certification (ISCC) PLUS and is sourced from the recycling process of used beverage cartons in Spain. The …
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Coveris has consolidated its medical packaging offerings under the MediFlex brand following significant investments in its production facilities. The move is aimed at strengthening its position in the growing medical packaging sector. “The demand for high-quality, sustainable medical packaging is steadily growing, and Coveris has responded by investing over 8 million euros in …
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Skanem Africa has inaugurated its state-of-the-art label manufacturing facility in Tilisi, Limuru. The launch event was officiated by Kenya Association of Manufacturers (KAM) Board Chairperson, Jane Karuku, alongside Vice Chairperson Hitesh Mediratta, Acting CEO Tobias Alando, and other board members. Distinguished guests and representatives from Skanem Africa were also in attendance to celebrate this …
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Amcor has announced it will sell its 50% interest in Bericap North America (BCNA) for $122 million. The transaction, expected to close by December 31, 2024, will result in proceeds being used to reduce Amcor’s debt. The move will not impact the company’s financial outlook for fiscal 2025, as the sale is not anticipated …
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Wipak Group has announced a series of multi-million-euro investments aimed at enhancing its operations and supporting its sustainability goals. The investments, set to take place across various Wipak sites in the coming years, reflect the company’s commitment to driving innovation while reducing its environmental impact. As part of its decarbonization strategy, Wipak has …
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GEW has expanded its global distributor network with the appointment of Industry General Trading (IGT) as the exclusive distributor for Tunisia and Algeria. The Tunis-based company will manage GEW’s equipment, service, and spare parts in the region, effective immediately. IGT, founded in 2009 by Ahmed Chiheb Eddine Driss, supplies raw materials, accessories, and …
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A significant leap for the label printing industry in the Middle East, Afra Intl. has partnered with Zeller + Gmelin to make LED curing technology commercially viable, enhancing both quality and performance in flexo label printing. As the exclusive partner of IUV LED systems, AFRA stands at the forefront of innovation, while Zeller …
Almarai, a leading dairy and food company in the Middle East, has named SIG as its strategic partner for a five-year expansion aimed at strengthening market presence and advancing sustainable innovation. The partnership, marking two decades of collaboration, will see SIG providing flexible manufacturing solutions aligned with Almarai’s sustainability targets. The alliance emphasizes …
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