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USA – MetalX and Manna Capital Partners announced plans to invest over US$200 million in a new greenfield aluminum rolling slab facility in northeast Indiana, northwest Ohio, or southern Michigan. The products will reportedly focus on the beverage and packaging industries, as well as auto, industrial and speciality markets. The companies have a broader aim of developing a US$300 million…
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FINLAND – Global supplier of labeling materials for branding and promotion, UPM Raflatac added new paper label materials intended to improve the recycling of polyethylene terephthalate (PET) and high-density polyethylene (HDPE). The label materials have received European certifications of recyclability from Institut cyclos-HTP for PET and HDPE packaging, and they are part of UPM Raflatac’s SmartCircle portfolio. According to UPM…
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SOUTH AFRICA – Supermarket group Pick n Pay (PnP) has achieved more than half of its volume target of food waste reduction in its operations in the past four years, PnP environment, social, and governance executive Vaughan Pierce said during an inaugural 1.5 Degrees: A Net Zero conference. The grocery store has attained a 28% reduction and is working towards…
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USA – Packaging and food services company, Novolex has rolled out Power Prep wrap for grab-and-go hot sandwiches and other freshly made foods. Manufactured by Bagcraft, a Novolex paper-based brand, the packaging is designed to keep food fresh as it moves from freezing, to thawing, to re-heating. Power Prep uses non-fluorinated oil-and-grease-resistant paper, which is laminated using a honeycomb pattern…
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EGYPT – Independent energy expert and assurance provider, DNV has signed a memorandum of understanding (MOU) with Egyptian General Petroleum Corporation (EGPC) to support their effort to set science-based targets for their net zero goals. The MoU signing ceremony in Cairo was witnessed by HE Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources, and HE Hilde Klemetsdal, Norway’s…
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KENYA – E-commerce startup Jumia Kenya has announced that consumers will now receive their online orders in their original packaging from the manufacturer without any extra wrapping from Jumia. This follows the company’s recent announcement, which aligns with its ESG strategy aimed at environmentally friendly activities in the countries it operates in. Items like clothes and apparel, shoes, TVs, printers,…
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