Borouge Plc reported a 24% year-on-year increase in net profit for 2024, reaching $1.24 billion. The rise was supported by record production levels of 5.2 million tonnes and sales volumes of 5.3 million tonnes, driven by strong demand for the company’s polyolefin solutions. The company recorded an industry-leading EBITDA margin of 41%, with …
McDonald’s introduces fiber-based lids ahead of schedule
McDonald’s Finland has replaced plastic lids on its beverages with fiber-based alternatives as part of its ongoing effort to reduce plastic use. The transition, originally set for 2025, is now being implemented ahead of schedule. By the end of 2025, all McDonald’s restaurants in Finland will use molded fiber lids for both hot …
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hubergroup new Cold Foil Silver and Gold adhesives set to transform FCM packaging
hubergroup has launched its Cold Foil Silver and Cold Foil Gold adhesives, designed for Food Contact Material (FCM) applications. These products cater to packaging manufacturers in sectors such as confectionery, chocolate, tobacco, and hygiene, aiming to meet stringent standards for visual quality, safety, and production efficiency. The new adhesives are formulated with hubergroup’s …
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Schweppes Zimbabwe enhances efficiency with KHS Technology
Schweppes Zimbabwe Limited (SZL) has made significant strides in boosting production efficiency and sustainability with the installation of an advanced non-returnable PET line from KHS. The upgrade, implemented at the company’s Harare facility, has tripled production capacity while significantly reducing resource consumption and operating costs. The state-of-the-art line includes the InnoPET BloFill stretch …
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Marbach retains EcoVadis Silver Medal, ranks among Top Global Sustainability leaders
Marbach has secured the EcoVadis Silver Medal for the second consecutive year, ranking among the top 15% of companies worldwide evaluated for sustainability. This recognition underscores Marbach’s dedication to environmental responsibility and sustainable business practices. EcoVadis, a leading provider of corporate sustainability ratings, has tightened its evaluation criteria compared to previous years, making …
UPM Raflatac eliminates BPA and BPS in direct thermal laminates
UPM Raflatac, a global provider of self-adhesive label materials, has announced the removal of Bisphenol-A (BPA) and Bisphenol-S (BPS) developers from all direct thermal laminate products manufactured in North America. This step aligns with growing regulatory requirements and the company’s commitment to sustainability and product safety. BPA and BPS, commonly used in the …
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XSYS expands conversion to sustainable nyloflex® eco series
XSYS has announced further progress in converting its traditional flexo printing plates to the more sustainable nyloflex® eco series, introducing two new analog plates: nyloflex® eco ACT and nyloflex® eco FAC. This initiative aligns with the company’s commitment to advancing sustainability in flexo printing. Designed for analog imaging, the new plates incorporate XSYS’ …
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Koenig & Bauer introduces inline coating thickness control for MetalCoat 483
Koenig & Bauer MetalPrint has launched an inline coating thickness control system for its MetalCoat 483 machines, aiming to enhance precision in coating applications for metal packaging production. The innovation allows for real-time measurement and automatic adjustment, ensuring consistent coating layer thickness, reducing waste, and optimizing coating material usage. Traditional methods of manually …
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Victory Packaging rebrands as Smurfit Westrock Packaging Solutions
Victory Packaging, a legacy provider of packaging and related services across North America for over five decades, has rebranded as Smurfit Westrock Packaging Solutions. The change reflects the company’s evolution from a distributor to a comprehensive packaging solutions provider. The rebranding follows the July 2024 merger of Smurfit Kappa and WestRock, forming Smurfit …
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Sustainability at forefront as industry leaders discuss Innovation & Circular Economy in Packaging
At the recent Gulfood Manufacturing Food-Tech Summit, sustainability dominated discussions as packaging industry leaders gathered to explore innovative solutions that balance environmental responsibility with economic feasibility. Moderated by Ben Daniel, Chief Editor of Packaging MEA, the panel featured experts from packaging material producers, machine manufacturers, and converters. Together, they tackled pressing issues such as …