ExxonMobil launches Signature Polymers to enhance service and collaboration

  ExxonMobil has announced the launch of Signature Polymers, a new portfolio brand aimed at enhancing service and partnership within the polymers industry. The initiative, announced on October 1, 2024, in Spring, Texas, is part of ExxonMobil’s strategy to streamline its polyolefins portfolio and strengthen collaboration across the value chain.   Signature Polymers consolidates ExxonMobil’s …

Kraft Heinz expands Cairo Factory to boost production and exports

  Lieutenant General Engineer Kamel El-Wazir, Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, officially inaugurated the expanded Cairo Food Industries Factory, operated by Kraft Heinz, on Saturday. The ceremony was attended by US Ambassador to Egypt Hiro Mustafa, Minister of Investment and Foreign Trade Hassan El-Khatib, Minister of Supply and …

SABIC reports strong Q2 2024 profit surge to SAR 2.18 billion amid enhanced safety and sustainability achievements

  SABIC, a leader in diversified chemicals, announced a net profit of SAR 2.18 billion ($0.58 billion) for the second quarter of 2024, a significant increase from SAR 0.25 billion ($0.07 billion) in the previous quarter. This growth reflects improved product margins and increased sales volumes, as well as effective management of regional supply chain …

Tadweer Group expands Recycling Infrastructure in Abu Dhabi with 25 Reverse Vending Machines

  Tadweer Group has deployed 25 Reverse Vending Machines (RVMs) across strategic locations in Abu Dhabi, including Umm Al Emarat Park and Zayed International Airport, with plans for further installations. The initiative involves collaboration with various partners, such as the Ministry of Finance, Abu Dhabi Sports Council (ADSC), ADNEC Group, and the Department of Municipalities …

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 …

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 …

MEA paper industry set to exceed $20 Billion, driven by growing demand for sustainable packaging

  The Middle East and Africa (MEA) paper and pulp industry is expected to surpass USD 20 billion within the next six to seven years, driven by growing demand for packaging solutions. GCC countries, particularly Saudi Arabia and the UAE, are leading this rise, with paper packaging playing a key role in the region’s growth, …

Origin Materials unveils CapFormer System, completes Factory Acceptance Test

  Origin Materials has introduced its CapFormer System, the first commercial-scale manufacturing system for PET caps and closures. The company has also successfully completed the Factory Acceptance Test for the system, validating its performance specifications with over 98% manufacturing efficiency.   “Today marks a significant milestone for sustainable packaging and recycling,” said Origin Co-CEO and …

Felix Schoeller to open Competence Center in Turkey and Middle East in 2025

  Felix Schoeller, a global specialty paper manufacturer, is set to open a new competence center in Istanbul in January 2025, expanding its services to Turkey and the Middle East. The center will provide customer service, technical support, and consulting for its premium specialty papers. The announcement was made ahead of the Intermob trade fair …