Almarai expands into Jordan with SAR 263 million acquisition of Hammoudeh Food Industries

  Almarai Company has signed an agreement through its subsidiary, Teeba Investment for Developed Food Processing Company, to acquire 100% of the shares in Hammoudeh Food Industries. The deal, valued at SAR 263 million, is subject to adjustments and awaits regulatory approvals in Saudi Arabia and Jordan.   Hammoudeh Food Industries, with over 50 years …

Henkel achieves 100% renewable electricity milestone in Kenya

  Henkel has reached a significant sustainability milestone with its Nairobi manufacturing site now powered entirely by renewable electricity. This achievement underscores Kenya’s role as a leader in the transition to clean energy.   The Nairobi facility is one of eight manufacturing sites within Henkel’s Adhesive Technologies business unit in the Middle East and Africa …

Borouge transports over 700,000 tonnes of polyolefins via Etihad Rail in first year

  Borouge Plc has transported over 700,000 tonnes of polyolefins during its first year of operations with Etihad Rail. Since September 2023, more than 36,000 containers of Borouge’s products have been moved from Al Ruwais Industrial City to Abu Dhabi’s Khalifa Port using the UAE’s National Rail Network. The rail service, operated by Etihad Rail …

Twellium and Sidel partner to establish new packaging hub in Ghana

  Twellium Industrial Company has teamed up with Sidel to develop a new state-of-the-art packaging facility in Kumasi, Ghana. The greenfield project, which marks Twellium’s third production site, will house two complete PET packaging lines for both still and carbonated beverages. Twellium, known for producing non-alcoholic beverages such as Verna Mineral Water and brands like …

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 …