Flint Group has confirmed the successful completion of the sale of its XSYS division (XSYS) to an affiliate of Lone Star Funds (Lone Star), a global private equity firm. Steve Dryden, CEO of Flint Group said, “We are delighted to have completed the sale of our XSYS division. The transaction is attractive, both financially …
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Published on 1 March 2022, SIG’s first combined Annual and Corporate Responsibility Report for 2021 explores the company’s progress on the Way Beyond Good as part of its core business strategy, highlighting increased uptake of SIG’s most sustainable packaging solutions and the launch of new industry-leading sustainable innovations. Samuel Sigrist, CEO of SIG said, …
Oki Meita has announced its partnership with Rookie Ninja for their industrial verticals solutions including office products distribution in the United Arab Emirates, effective from 1 February 2022. Shashank Patel, managing director at Rookie Ninja said, “Oki’s reliability and exceptional quality over the last 130 years has touched countless lives and we are humbled …
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Cosmo Films, a company in films for packaging, labelling, lamination and synthetic paper, and an emerging player in specialty chemicals, polymers and pet care, has announced its financial results for the quarter ended December 2021. Q3FY22 EBITDA has increased by 44% (vs. corresponding quarter) on the back of higher specialty sales, better operating margins …
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Octal is a major global producer of PET sheet. It owns the proprietary direct-to-sheet (DPET) technology, which eliminates several energy-intensive conversion steps, resulting in the lowest cost production method for PET sheet. The company serves a long-standing customer base across the Americas, Middle East, and Europe, through a logistically advantaged position centered in Oman. The …
Heidelberger Druckmaschinen AG (Heidelberg) and UV specialist IST Metz presented the latest innovations in Printing and Packaging to around 80 customers from the Middle East at the Expo2020. The focus was on the packaging market, the world’s fastest growing market segment in the printing industry. The packaging industry in the Middle East region recorded a …
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Under the patronage of His Highness Sheikh Hasher Al Maktoum, founder of Al Fajer Information and Services and, organizers of ArabPlast, H.E. Butti Saeed Al-Ghandi, Vice-Chairman of Dubai World Trade Centre, opened the world’s largest plastics, petrochemicals, packaging and rubber industry exhibition, and the sector’s first live event since the start of the pandemic. …
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By Ben Daniel: Danone Egypt is the first company in Egypt to achieve B Corp Certification. This covers all its activities from essential dairy products (Danone yogurt, Danette, Activia, Dango and DanUp) to early life nutrition (Bebelac and Aptamil). It recognises how the company acts beyond profit and put purpose at the heart of its …
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By Ben Daniel Elopak has announced its more environmentally friendly aseptic carton – the Pure-Pak eSense. It is the same shape as the consumer friendly Pure-Pak Sense Aseptic carton, with the ‘e’ standing for eco-friendly and has been developed using technology from Elopak’s fresh portfolio. This means the carton can preserve product integrity, safety, …
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As part of its journey to more sustainable packaging, the Ferrero Group is launching a new eco-designed box for its iconic Ferrero Rocher range. Ferrero Rocher will begin to introduce the new eco-designed boxes in a phased roll out around the world starting from September 2021 and will start with its best-selling compact boxes, the …
