Stora Enso has divested three of its corrugated packaging plants in Russia. The company’s Lukhovitsy, Arzamas and Balabanovo packaging plants have been divested to local management. Stora Enso’s assessment is that due to the uncertainties in the Russian market, local ownership and operation will provide a more sustainable long-term solution for these businesses and …
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SACMI (Societa Anonima Cooperativa Meccanici Imola), an international manufacturer of machines and complete plants for the ceramic tile, beverage, packaging, quality control process, chocolate processing machines and plastics industries has confirmed its exceptional financial and asset solidity, with net equity reaching 773 million euros and the net financial position touching +97 million. The parent …
Continue reading “SACMI Group’s revenues hit a record of EUR 1.53 bn”
Elopak has reported a 9% revenue growth. The company continued its strong operational performance in the first quarter of 2022 though its performance was negatively impacted by the ongoing conflict in Ukraine, as well as unprecedented high prices of raw materials. Highlights from Q1 2022: Revenues were EUR 243,4 million, a 9% increase compared …
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SIG announced the launch of SIGNATURE EVO the world’s first aluminium-free full barrier packaging material for aseptic carton packs. SIGNATURE EVO extends SIG’s lower-carbon aluminium-free packaging materials that is already available for plain white milk, for wider use with oxygen-sensitive products such as fruit juices, nectars, flavoured milk or plant-based beverages. “By extending our …
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Manufactured at Tetra Pak’s Châteaubriant plant in France, the new caps integrating attributed recycled polymers have been chosen by Elle & Vire, the number one French cream brand and part of Elvir’s portfolio. Lausanne, Switzerland, JANUARY 12, 2022 – Tetra Pak, in partnership with Elvir, a subsidiary of Savencia Fromage & Dairy – a …
UFlex Limited, India’s leading multinational in flexible packaging materials and solutions, and polymer sciences, continues to take steps to reach closer to its customer base. The company has commissioned its BOPET film manufacturing plant in the Ogun State of Nigeria with a production capacity of 45,000 TPA. Spread over 37 acres, the plant houses first-of-its-kind …
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Luke Banks, General Manager, Arabian Packaging, can’t speak highly enough of EFI’s new one-stop solution for the corrugated industry. He tells us why Arabian Packaging, a corrugated packaging manufacturer based in the Jebel Ali Industrial Area of Dubai, delivers an in-house end-to-end service, from fielding international enquiries and ascertaining and understanding customer requirements, through the …
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By Ben Daniel: Bobst and its partners have announced a milestone in their pioneering work to replace non-recyclable high barrier multi-material packaging structures with mono-material alternatives designed for recycling. The launch of a new generation of Bobst “hero samples” represents a significant achievement in the mission to deliver state-of-the-art solutions utilising a new generation of …
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Packaging MEA speaks with Mohnish Rikhy, President of United Carton Industries Company (UCIC) in Jeddah, about embracing digital, meeting the pandemic challenge, and more Packaging MEA (PMEA): Can you share UCIC’s recent progress in packaging print-converting, especially from a post-Covid standpoint? Mohnish Rikhy (MR): The past 18 months have been tough on everybody. My …
By Ben Daniel Comexi, a specialist in the flexible packaging printing and converting industry, has begun the last construction phase of its renewed technology centres (CTec) in Girona and Miami. The company has invested €1million in the remodelling of the two centres, in a clear example of its commitment to worldwide proximity, innovation, and sustainability. …
