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Day: July 1, 2023

Oliver Healthcare Packaging acquires EK-Pack Folien, strengthening its portfolio

GERMANY – Global leader in developing sterile, flexible healthcare and medical packaging, Oliver Healthcare Packaging has acquired Germany-based film and foil technology producer EK-Pack Folien. This acquisition includes Vacopack H. Buchegger AG, a fully owned subsidiary of EK-Pack, based in northeastern Switzerland. As part of the agreement, Oliver will acquire the EK-Pack facility, which has 23,000m² of manufacturing space with…

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Norfund, AFIG Funds invests in Nouvelle Mici Embaci to scale operations

IVORY COAST – Norfund and Advanced Finance and Investment Group (AFIG Funds) have announced a joint acquisition of Nouvelle Mici Embaci (“NME”) to scale up its operations and roll out an ambitious modernization plan and regional growth strategy. Norfund and AFIG Funds have partnered with Bridge Bank Cote d’Ivoire and Mauritius Commercial Bank (MCB) to provide necessary acquisition financing and…

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Rwanda seeks investment to strengthen sustainable packaging solutions

RWANDA – The government of Rwanda is actively seeking investors to engage in the development of environmentally friendly alternative packaging solutions. Faustin Munyazikwiye, the Deputy Director General of the Rwanda Environment Management Authority (REMA), made this announcement during a panel discussion on ‘Packaging and Logistics in Agribusiness’ held on 27 June as part of the EU-Rwanda Business Forum. The EU-Rwanda…

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BOBST to strengthen packaging industry supply chain with launch of digital solution

SWITZERLAND – Swiss packaging machinery and services supplier Bobst has unveiled new printing, converting, services and, performance innovations to support its customers in digitalizing the packaging supply chain. The company has introduced a new ‘Tool Management’ solution, which offers ‘unprecedented’ control over the TooLink-equipped dies, integrates tool makers, and helps keeps track of tool performance, maintenance and orders. For the…

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Taiwan’s ban on PVC in e-commerce packaging comes into effect on July 1

REPUBLIC OF CHINA – The Environmental Protection Administration (EPA) in Taiwan has announced new regulations for online retailers regarding their packaging materials starting July 1. Under the new rules, no PVC plastic will be allowed in online retailers’ packaging, while wrappers containing more than 90 percent recycled paper in natural colors or plastic packaging with more than 25 percent reusable…

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