Piovan Group, a global leader in process automation systems, will present its latest innovations in rPET packaging analysis at Gulfood Manufacturing 2024. At hall 1, stand 118, the company will highlight Inspecta, a groundbreaking range of analysers designed to enhance safety and sustainability in PET packaging production. The Inspecta line features two key …
New recyclable packaging from Amazon arrives in the UK
Amazon has introduced a new recyclable packaging solution designed specifically for UK customers. The company has developed a shock-proof, lightweight paper envelope that can be recycled at home, eliminating the use of plastic materials. This initiative follows Amazon’s commitment to reducing unnecessary packaging. In collaboration with packaging expert Mondi, Amazon has created a …
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Castrol introduces HDPE bottles with 50% recycled plastic content
Castrol India Limited has increased the recycled content in its high-density polyethylene (HDPE) plastic bottles to 50%, marking another step in its sustainability journey. The company aims to use 2,600 metric tonnes of recycled plastic annually in its packaging portfolio by 2024. This development builds on Castrol’s previous efforts to enhance the sustainability …
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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 …
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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 …
Borouge reports 33% increase in Q2 net profit driven by record production volumes
Borouge Plc announced a 33% year-on-year increase in net profit for the second quarter of 2024, reaching $308 million, supported by strong sales and cost efficiencies. Revenue for the quarter totaled $1.5 billion, up 6% compared to the previous year, exceeding analysts’ expectations. The company achieved an industry-leading EBITDA margin of 41%, reflecting …
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Avery Dennison launches INGEDE12-certified paper label solutions for packaging recycling
Avery Dennison Corporation (NYSE: AVY) has announced its first range of INGEDE12-certified paper label solutions, aimed at enhancing the recycling of paper and cardboard packaging. This initiative aligns with the company’s ongoing efforts to support a circular economy through innovative materials. The new label range incorporates advanced adhesive technology that facilitates the separation …
Paperworld Middle East introduces Kraft and Packaging Section as MEA Market grows
The 13th edition of Paperworld Middle East, scheduled for 12-14 November at the Dubai World Trade Centre, will feature a new Kraft and Packaging section. This addition addresses the rising demand for sustainable materials in the paper industry and highlights the increasing regional focus on environmentally friendly packaging solutions. Research from Mordor Intelligence …
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RMB Corvest and Partners complete MBO of Nampak Liquid Cartons
RMB Corvest, in partnership with Dlondlobala Capital, has completed a management buyout (MBO) of Nampak Liquid Cartons, a division of Nampak Products Ltd, along with its operations in Zambia and Malawi. The acquisition will see the formation of the Diversified Liquid Packaging Group (DLP Group), which will retain its current operations and workforce. …
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