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Category: Investments & Funding

Stevanato teams up with Recipharm on pre-fillable syringes for soft mist inhaler

ITALY – Stevanato Group, an Italian provider of drug containment, drug delivery, and diagnostic solutions has partnered with Recipharm on pre-fillable syringes for soft mist inhaler. Under the collaboration, Stevanato Group will offer and produce its glass pre-fillable syringe Alba assembled with the Integrated Spray Module (ISM) of Recipharm’s soft mist inhaler technology, the Pre-Filled Syringe Inhaler (PFSI). The partnership…

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SCHOTT begins production of amber pharma glass at its Indian facility

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…

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KanKan launches soap cans with reusable and recycled plastic pumps

UK – Personal care brand KanKan has upgraded its sustainable packaging, adding a new visual identity and reusable pumps made of recycled plastic to its soap tin cans. The company collaborated with design agencies Morrama and Two Times Elliot to combine the brand’s aesthetics with functional packaging. Morrama was responsible for designing the recycled plastic pump that clips directly onto…

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TotalEnergies teams up with Paprec to build plastic recycling facility in France

FRANCE – TotalEnergies, a French multinational integrated energy and petroleum company has inked a long-term commercial agreement with plastic recycling firm Paprec to create a French value chain for the advanced recycling of plastic film wastes. Being built by TotalEnergies (60%) and Plastic Energy (40%), the recycling facility will be able to process 15,000 tonnes of waste annually and is…

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BASF plans to expand its polymer dispersions production plant in China

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…

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Baladna adopts SIG’s aseptic carton pack for white cheese in Qatar

QATAR – Baladna, a Qatar-based dairy and beverage producer, has opted for Swiss packaging solutions provider SIG’s filling technology to pack its white cheese. The CFA 312 filling machine will allow Baladna to offer white cheese in SIG’s combibloc Slimline carton packs. This filling machine can fill a total of four different volume sizes, and Baladna benefits from its flexibility…

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Afri-Plastics Challenge winners take home US$4.97M for their invention to curb plastic pollution

AFRICA –  Afri-Plastics Challenge, organized by Challenge Works and the Government of Canada has awarded £4.1 million (US$4.97m) to innovators with scalable innovations that tackle plastic waste in Africa and reduce the volume of pollution making its way to the ocean. Among the winners is Togo’s Green Industry Plast (GIP-TOGO) – a recycling business that helps households earn a living…

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LyondellBasell agrees to acquire Mepol Group expanding its footprint

POLAND – Dutch chemical firm LyondellBasell has signed a definitive agreement to acquire Mepol Group, a producer of recycled, high-performing technical compounds, for an undisclosed sum. The acquisition consists of Mepol S.r.l. and its subsidiaries Polar S.r.l. and Industrial Technology Investments Poland Sp.z.o.o. Torkel Rhenman, executive vice president of Advanced Polymer Solutions said: “This acquisition demonstrates LyondellBasell’s commitment to move…

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Toyo Ink Group agrees to wholly acquire Thai Eurocoat expanding its business portfolio

THAILAND – Toyo Ink SC Holdings Co., Ltd., the Japan-based parent company of the specialty chemicals company Toyo Ink Group has concluded a share purchase agreement to wholly acquire Thai Eurocoat Ltd. Thai Eurocoat is a top manufacturer of external coatings for non-printed cans in the Thai canned food market. Following the transfer of shares, Thai Eurocoat, which is based…

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