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ITALY – Private investment firm, Bain Capital and BC Partners have entered into a joint ownership agreement for Fedrigoni, a leading global producer of self-adhesive labels and fiber-based packaging products. The deal is anticipated to conclude by the end of 2022, subject to approvals by relevant regulatory authorities. The transaction is valued at US$3 billion, reported Reuters. Founded in 1888,…
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NORTH AMERICA – Coca-Cola has announced plans to switch green Sprite bottles to clear bottles effective August 1, in a bid to boost recycling in North America. The move to transition from green plastic is intended to increase the amount of recycled plastic that can be used for food packaging, Coca-Cola said in its press release announcing the new bottles.…
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UK – English brand Au Vodka has adopted Adagh’s gold color metal can for its award-winning Blue Raspberry vodka. The Blue Raspberry vodka is pre-mixed with quality sparkling soda to create a sweet and “electric blue” 5% ABV beverage – the company’s first Ready To Drink (RTD) beverage in a can. Au Vodka’s upscale branding is based on the rare…
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ITALY – Paper and packaging company Mondi has launched fully recyclable paper packaging for Italian pasta brand Antico Pastificio Umbro in collaboration with Fiorini International. Following a complete overhaul of its packaging design, Antico Pastificio Umbro reached out to Mondi and Fiorini International to design and produce a paper bag with a viewing window for its premium pasta ranges. After…
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EGYPT – Egypt’s Minister of Environment Yasmine Fouad has announced the completion of the first phase of the Waste Information Management System (WIMS). WIMS is being implemented within the National Solid Waste Management Programme, and in cooperation with the German Agency for International Cooperation (GIZ). Fouad explained that Egypt has taken serious steps in waste management, within Egypt’s hosting of…
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POLAND – Poland-based Essentra Packaging has installed its first Mark Andy hybrid label press – the Digital Series HD in a bid to scale production and quality. The company, which supplies the cosmetic and pharmaceutical industries with printed carbon packaging using sheet-fed offset presses, manufactures approximately 270 million items of carton packaging and 1.5 billion of self-adhesive labels. Manager Piotr…
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RUSSIA – Swedish-Swiss multinational food packaging and processing company, Tetra Pak has announced a decision to exit its remaining Russia operations after 62 years in the country and would divest its business there. The Swedish-Swiss group had already suspended all new investments and projects in Russia, limiting its operations to essential food items – something it intends the new entity…
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UK – Polymer technology leader Aquapak Polymers has partnered with testing and inspection player Industrial Physics to create a set of water vapor transmission rate (WVTR) testing methods for its Hydropol biodegradable polymer. According to a news release from Aquapak, Hydropol offers all the benefits of traditional polymer plastics yet is water soluble and completely biodegradable as well as non-toxic…
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AFRICA – Austrian Starlinger Group has received a new order to supply two PET (polyethylene terephthalate) bottle recycling systems in Ghana and Nigeria. The order has been placed by the Mohinani Group, for its subsidiaries Polytank Ghana and Sonnex Packaging in Nigeria. The partnership signed on 21 July 2022 covers the manufacture and installation of two bottle recycling systems in…
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SOUTH AFRICA – PETCO, South Africa’s national industry body accountable for managing the PET plastic industry’s Extended Producer Responsibility (EPR) recycled 2.1 billion plastic bottles in 2021. The company, which represents producers of polyethylene terephthalate (PET) packaging, has increased its collection of bottles by 6%, i.e. 90,402 tonnes compared to 79,078 tonnes in 2020. According to Petco, the various initiatives…
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