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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Tetra Pak has released its first-ever Arabia sustainability report, highlighting the company’s initiatives and investments in circularity and environmental sustainability across the Middle East. The report outlines Tetra Pak’s progress in key areas including circularity, climate action, food systems, and social responsibility. A central focus of the report is Tetra Pak’s investment in …
The Middle East and Africa (MEA) paper and pulp industry is expected to surpass USD 20 billion within the next six to seven years, driven by growing demand for packaging solutions. GCC countries, particularly Saudi Arabia and the UAE, are leading this rise, with paper packaging playing a key role in the region’s growth, …
Sistrade is focusing on supporting both national and international partners in achieving the European Union’s Green Deal goals, aiming for carbon neutrality by 2050. To address the current energy crisis, marked by soaring oil and gas prices, the EU is accelerating efforts to reduce reliance on non-renewable energy sources. The manufacturing sector, which …
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McDonald’s is advancing its efforts to reduce waste and transition to sustainable packaging and toy materials. These initiatives are aimed at supporting environmental protection and long-term business resilience. Key strategies include redesigning packaging, exploring alternative materials, and enhancing recovery opportunities. Recent Achievements By late 2023, McDonald’s had achieved approximately 86.7% of its goal …
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Origin Materials has introduced its CapFormer System, the first commercial-scale manufacturing system for PET caps and closures. The company has also successfully completed the Factory Acceptance Test for the system, validating its performance specifications with over 98% manufacturing efficiency. “Today marks a significant milestone for sustainable packaging and recycling,” said Origin Co-CEO and …
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Rebound, a UAE-based subsidiary of Sirius International Holding, has launched a subscription-based recycling platform aimed at enhancing the circular economy. The platform facilitates global connections between buyers, sellers, and partners of recyclable materials, while offering a model that charges 0% commission on trades to boost profitability. The platform, which now supports a wider …
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McDonald’s is launching a new, smaller version of its McFlurry dessert alongside an update to its packaging, starting Sept. 10, 2024, at participating U.S. restaurants. The new “Mini McFlurry” offers a smaller portion of the popular treat, available in classic flavors like OREO® and M&M’S®, as well as limited-time varieties. In addition to …
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Nestlé is advancing its sustainable packaging efforts with the introduction of paper-based innovations across several key brands. As part of its ongoing mission to reduce plastic use, the company recently launched paperboard canisters for the Vital Proteins brand in the United States. This new packaging reduces plastic content by 90% compared to previous designs. …
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Guylian has unveiled a refreshed design for its Seashells box, enhancing both appearance and functionality. The new packaging eliminates the plastic film previously used, opting instead for a sophisticated seal at the center of the box. This design update aims to facilitate easier access to the popular assortment of hazelnut praliné-filled chocolates. The …
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