Cosmo Films announces higher growth with 65% profit

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 …

Alpek to buy Octal for $620 million

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 …

Heidelberg, IST present opportunities in packaging at Dubai EXPO2020

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 …

Arabplast 2021 hailed a success as the sector resumes live events post-pandemic

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.   …

Danone’s positive efforts earn B Corp certification

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 …

Elopak reveals environmentally friendly Pure-Pak aseptic carton

  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, …

The Ferrero Group introduces new recyclable box for its iconic Ferrero Rocher range

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 …

Coca-Cola HBC AG acquires Coca-Cola bottling company of Egypt

Coca-Cola HBC AG (“Coca-Cola HBC”) announced that its wholly-owned subsidiary Coca-Cola HBC Holdings BV (“CCH Holdings”) has agreed to acquire approximately 94.7% of Coca-Cola Bottling Company of Egypt S.A.E. (“CCBCE”) from its major shareholders, a wholly-owned affiliate of The Coca-Cola Company (“TCCC”) and MAC Beverages Limited (“MBL”) and certain of its affiliated entities for an …

BW Flexible expands in EMEA

BW Flexible Systems, a Barry Wehmiller Packaging Systems company, has opened a Technical Centre of Excellence in Nottingham, England, as part of its plans to better serve customers across EMEA. The new centre, along with existing facilities in Italy and the Netherlands, will expand the company’s product testing capabilities, enhance customer collaboration for complex projects …

Regional waste management firms win global Nestlé honours

Ten companies are vying for this year’s Nestlé Creating Shared Value (CSV) Prize, which recognises system-changing initiatives for some of today’s most critical environmental and social issues. The finalists have been whittled down from 173 submissions by Nestle’s packaging experts over the past 10 months since entries were invited. The Nestlé CSV Prize 2020-2021 identified …