Africa's No.1 Packaging, Printing, Plastics & Processing Industry Magazine
INDIA – Speciality glass manufacturer Schott has started production of FIOLAX amber pharmaceutical glass tubing at its facility in Gujarat, India. The new facility is part of Schott’s €75 million (US$80.13m) investment over the last three years to expand its pharma glass production in India. At the facility, the German glass company produces borosilicate glass tubing material, which is used…
Read More
CHINA – German multinational chemical company, BASF has announced plans to invest in the capacity expansion of polymer dispersions at its production site in Daya Bay Petrochemical Industrial Park in Guangdong, China. The German company will add a second production line. Expected to be operational in 2024, the new line will increase the production capacity of polymer dispersions. The Dispersions…
Read More
ITALY – French companies Verallia and Air Liquide have partnered to implement a customized solution to reduce CO₂ emissions and energy consumption at Verallia’s glass plant in Pescia, Italy. Under the agreement, Air Liquide will mobilize its innovation capabilities and its know-how to accompany the conversion of Verallia’s plant from a traditional combustion process to an optimized oxy-combustion on the…
Read More
SOUTH AFRICA – Glass producer Ardagh Glass Packaging Africa has completed the refinancing of the South African debt facilities assumed at the time of the Consol Glass acquisition in April 2022. Under the terms of the refinancing, maturities have been extended to 2028, from 2023, and the total facilities were increased by approximately ZAR 3 billion (US$163.45m). These facilities will…
Read More
AUSTRALIA – Melbourne-based paper, packaging and recycling company, Visy has installed its first ANDRITZ FibreFlow Drum pulping system in Australia to optimize operations. Visy says the FibreFlow Drum pulper has a maximum feed capacity of 1,400 t/d, fiber cleaning equipment, and a spray water treatment system for producing various board grades. “The drum pulper is the first of its kind…
Read More
GLOBAL – Preliminary statistics for 2022 released by the Brussels-based Confederation of European Paper Industries (CEPI) show the production of paper and board decreased by 5.9% in comparison to 2021. CEPI cites “the impact of high energy prices and of eroding EU and global economic growth” as factors in the continent’s decreased production. “The sector can, however, capitalize on positive…
Read More
USA – Mill Rock Packaging Partners, a portfolio company of Mill Rock Capital, has acquired specialty packaging company Keystone Paper & Box Company for an undisclosed sum. Based in South Windsor, Connecticut, Keystone provides design-intensive packaging, engineering, prototyping and production-related services. The company operates an advanced production facility that manufactures a range of sustainable, customized folding cartons for household goods,…
Read More
USA – American metal packaging producer Crown Holdings has registered US$12.94 billion in full-year net sales for fiscal 2022 (FY22), compared with $11.39bn in fiscal 2021 (FY21). The company’s sales were driven by higher raw material costs and increased beverage sales unit volumes. In the 12 months to 31 December, Crown’s income from operations fell from US$1.36 billion to US$1.33…
Read More
INDIA – Lubrication technology firm Mobil, a subsidiary of ExxonMobil, has launched 50% post-consumer recycled (PCR) plastic pails in India as part of its sustainability efforts. According to the US-based firm, the pails aim to help customers decrease waste, turn waste into value and advance sustainability goals. The 50% PCR pails are said to be the first pails packing for…
Read More
US – Ardagh Metal Packaging North America (AMP – NA) is extending its already substantial product line for beverage brand customers by launching a new 19.2 oz.(568ml) beverage can. The new 19.2 oz. aluminum beverage can enable further retail differentiation for brands while delivering leading sustainability metrics. Expected to serve strong growth in the single-serve channel, the new addition represents…
Read More