Amcor has announced it will sell its 50% interest in Bericap North America (BCNA) for $122 million. The transaction, expected to close by December 31, 2024, will result in proceeds being used to reduce Amcor’s debt. The move will not impact the company’s financial outlook for fiscal 2025, as the sale is not anticipated …
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On 9 October 2024, packaging and recycling specialist ALPLA hosted a dialogue in Berlin with political, business, and academic leaders to discuss the role of plastic in the future circular economy. The event, held at the Alte Münze venue, focused on the potential of plastic as a recyclable material and its contributions to climate …
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In today’s world, where sustainability is no longer just a buzzword but a vital part of corporate responsibility, brands seek innovative ways to minimize their environmental impact. The packaging industry, in particular, has been at the forefront of this movement, developing solutions that protect and present products effectively and contribute to a more sustainable …
The global discussion on plastic’s environmental impact has created a divide, with two opposing narratives shaping the conversation. One side warns of a future drowned in plastic waste, while the other argues that plastic, when managed responsibly, can be a sustainable material that outperforms alternatives. Images of plastic waste floating in rivers and …
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The 28th edition of Beautyworld Middle East, one of the most influential beauty trade shows globally, will take place from October 28–30, 2024, at the Dubai World Trade Centre. This year’s event is expected to attract over 70,000 industry professionals and showcase around 1,900 exhibitors from more than 60 countries, offering a comprehensive look …
Nua Cosmetics, ITC Packaging, and ADBioplastics have collaborated to develop a compostable bio-based bottle made with polylactic acid (PLA) for Provei Global’s brand, Biositivo. This initiative aligns with Provei Global’s commitment to sustainable packaging and ecological baby care. Provei Global sought a solution that combined a compostable bottle with a high-quality, eco-friendly baby …
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Almarai Company has signed an agreement through its subsidiary, Teeba Investment for Developed Food Processing Company, to acquire 100% of the shares in Hammoudeh Food Industries. The deal, valued at SAR 263 million, is subject to adjustments and awaits regulatory approvals in Saudi Arabia and Jordan. Hammoudeh Food Industries, with over 50 years …
Borouge Plc has transported over 700,000 tonnes of polyolefins during its first year of operations with Etihad Rail. Since September 2023, more than 36,000 containers of Borouge’s products have been moved from Al Ruwais Industrial City to Abu Dhabi’s Khalifa Port using the UAE’s National Rail Network. The rail service, operated by Etihad Rail …
B!POD, a business unit of SAES Getters, has partnered with chemicals giant SABIC to launch a line of food vacuum system containers made from ocean-bound plastic (OBP). The containers utilize SABIC’s circular polypropylene (PP), sourced from its TRUCIRCLE™ portfolio, and are designed to meet stringent food safety standards while addressing the global issue of …
Twellium Industrial Company has teamed up with Sidel to develop a new state-of-the-art packaging facility in Kumasi, Ghana. The greenfield project, which marks Twellium’s third production site, will house two complete PET packaging lines for both still and carbonated beverages. Twellium, known for producing non-alcoholic beverages such as Verna Mineral Water and brands like …
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