Africa's No.1 Packaging & Printing Industry Magazine
KENYA – The National Environment Management Authority (NEMA) has called on small business operators to avoid using flimsy paper bags to package their merchandise and embrace the use of recommended biodegradable bags that are friendly to the environment. NEMA through its Rapid Environmental Response Unit (RERU) conducted a crackdown in Eldoret town targeting bakeries and shops using banned plastic bags.…
Read More
USA – Colorado-based robotics company AMP Robotics has raised additional Series C funding from Microsoft Climate Innovation Fund to scale operations. This latest investment brings its Series C round, led by Congruent Ventures and Wellington Management, to more than US$99 million in total. The company intends to use the funds to scale operations, including deploying technology solutions to retrofit existing…
Read More
SERBIA – Serbian confectioner the Ćatić has selected Berry Global’s UniPak container to pack its Waltz cream rolls. The UniPak series is said to be a flexible solution for a broad variety of applications. It comes in a range of sizes and shapes like rectangular, square, round, or oval. Ćatić will now pack its Waltz cream rolls in a rectangular…
Read More
USA – Olyns, a recycling technology firm, has closed US$4 million in a Series A funding round to accelerate AI-powered recycling tech. Led by Vanedge Capital, the funding aims to facilitate AI innovations in Olyns solutions, which include Olyns Cubes, automated recycling stations that double as media and advertising hubs. The Cubes use AI to identify recycled items and can…
Read More
NORWAY – Saudi chemical company SABIC, Estiko Packaging Solutions and Coldwater Prawns of Norway forge a partnership to develop a highly sustainable new packaging pouch for frozen prawns. SABIC says that the pouch is made from a multi-layer film produced by Estiko Packaging Solutions using a circular certified random polymer grade of its PP QRYSTAL with an ocean-bound plastic (OBP)…
Read More
CANADA – North American manufacturer and marketer of envelopes and a growing provider of paper-based packaging solutions, Supremex has acquired the assets of Canada-based folding carton packaging solution retailer Graf-Pak. The transaction was concluded for a total consideration of approximately C$6.0 million (US$4.48m), on a cash-free and debt-free basis. Financed via Supremex’s existing credit facility, the deal is now subject…
Read More
SPAIN – TotalEnergies, a French multinational integrated energy and petroleum company has acquired Spain-based mechanical recycling of plastics for sustainable applications, Iber Resinas. TotalEnergies says that the acquisition will increase its production of circular polymers in Europe, provide a wider range of recycled products and improve its access to feedstock through Iber Resinas’s network of suppliers. The move will also…
Read More