PIF has acquired a 23.08% stake in MEPCO by way of a capital increase and subscription to new shares Saudi Arabia’s Public Investment Fund (PIF) has announced the completion of a deal to invest in the Middle East Paper Company (MEPCO), a leading manufacturer specialised in producing and recycling paper-based products in the …
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SIG Foundation was honored with the SAVE FOOD Award for its initiative, “Cartons for Good,” a project leveraging SIG’s filling technology expertise to aid communities in processing and preserving local food. The international recognition was presented on December 13, 2023, during the pacprocess MEA, the premier trade fair for Processing and Packaging in the Middle …
Jakarta-based Asia Pulp & Paper (APP), the world’s largest paper mill, highlights the Middle East and Africa (MEA) as a pivotal market for its eco-friendly paper and products due to rising demand for biodegradable packaging solutions, projected to grow around 4% annually. MEA’s post-COVID surge in demand for environmentally friendly paper products, notably in food …
Tetra Pak East Africa, in collaboration with the Packaging Producer Responsibility Organization (PAKPRO), has launched a groundbreaking initiative to recover used beverage cartons in East Africa. According to a series of linkedin posts by PACKPRO, the announcement was made during a kick-start project aimed at addressing environmental concerns related to plastic packaging. Speaking at …
Heidelberger Druckmaschinen AG (HEIDELBERG) has released its financial results for the first half of the fiscal year 2023/2024, demonstrating resilience in the face of a challenging global economic landscape. The positive trajectory is attributed to the successful market launch of new technologies in packaging printing and strategic price adjustments. During the period from April …
In a significant development, Khalifa Economic Zones Abu Dhabi – KEZAD Group, the leading operator of integrated economic zones in the UAE, has officially inked a land lease agreement with Gulf Printing & Packaging Co (GPP) to facilitate an expansion of its premises within KEZAD Al Ma’mourah. This expansion encompasses an additional 45,000 square …
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SIG, a leading packaging solutions provider, has unveiled the SIG DomeMini, an innovative on-the-go carton bottle designed to combine the convenience of plastic with the sustainability of carton packaging. This compact carton pack aims to encourage consumers and beverage manufacturers to consider more eco-friendly packaging options in a world where sustainability is increasingly …
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In a significant step towards a more sustainable future, Tetra Pak has released its Sustainability Report FY22, marking its 24th edition and showcasing the company’s continued commitment to sustainability. The report reveals an impressive 39% reduction in operational greenhouse gas (GHG) emissions globally, with a remarkable 84% of the company’s energy derived …
Tetra Pak, a global leader in packaging solutions, has announced its first-ever Custom Printing collaboration. This milestone follows the successful validation of Tetra Pak’s Custom Printing solution, involving over 100 million packages, and marks the beginning of new business and marketing opportunities that enhance flexibility and customization for consumers. Flow Beverage …
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In a pioneering collaboration, SIG and AnaBio Technologies have launched a revolutionary product – long-life probiotic yogurt – marking a significant advancement in probiotic beverages and aseptic packaging. This innovation opens a new avenue for probiotic beverages, allowing them to be packaged in aseptic carton packs and spouted pouches, ensuring extended shelf …
