Dubai Chamber establishes business groups to improve sustainability

UAE – The Dubai Chamber of Commerce has launched the Bottled Water Business Group and the Circular Packaging Association as part of its efforts to strengthen the private sector’s role in economic growth. The Bottled Water Business Group will focus on promoting and developing the sector’s practices in line with international sustainability standards. By working with partners in the business…

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CheckSammy secures US$15M equity investment to scale operations

US – British Columbia-based material and recycling hauler, CheckSammy has secured a US$15 million strategic investment to bolster its tech stack and better divert materials for customers of all sizes. The equity investment has been provided by Zero Infinity Partners and a term debt facility provided by a pair of Toronto-based companies in FirePower Capital and PaceZero Capital Partners. CheckSammy…

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Henkel, cyclos-HTP collaborates to boost access to sustainable packaging

GERMANY – German multinational chemical and consumer goods company, Henkel has partnered with cyclos-HTP to boost access to sustainable packaging and consumer goods products. The partnership will give customers a more comprehensive and aligned service offering through the combined knowledge of the two companies. This includes access to in-house testing and certification, joint material science R&D as well as consultation…

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Honeywell partners Environ to advance plastics circularity in Egypt

EGYPT – American multinational conglomerate corporation, Honeywell has signed an MOU with Egypt’s Environ Adapt for Recycling Industries to advance plastics recycling in the country. The two organizations will explore the development of the first chemical recycling facility in Egypt that would be equipped with Honeywell’s advanced technology, capable of converting waste plastic into valuable recycled polymer feedstock (RFP). The…

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Novvia Group bolsters portfolio with acquisition of Innovative Container

US – Kelso -backed Novvia Group has completed the acquisition of plastic, metal, glass, and corrugated containers distributor Innovative Container. Founded in 2009, Innovative Container has been serving the Southern California market with a line of rigid packaging solutions such as pails, drums, bottles, jugs, jars, and cans. Operating out of a 20,000-square-foot distribution facility in La Mirada, Innovative provides…

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Mereo and Hyperion wrap up acquisition of packaging manufacturer Algus

US – US-based investment firms Mereo Capital Partners and Hyperion Capital Partners have acquired Algus Packaging, a packaging company based in Illinois. Algus supplies thermoformed blister and clamshell packaging solutions to a portfolio of blue-chip customers across various end markets. These include the medical, health and beauty, electronics and food markets. The company also manufactures automated and semi-automated blister seal…

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All4Labels expands operation in Romania with acquisition of Romprix Exim

ROMANIA – German packaging solutions manufacturer All4Labels has agreed to take over Romanian decorative self-adhesive labels manufacturer Romprix Exim for an undisclosed sum. The acquisition will enable All4Labels to strengthen its growing Eastern European footprint, the company said in a press release. The transaction is subject to customary closing conditions, including regulatory approval. Adrian Tippenhauer, CEO of All4Labels said: “With…

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Macfarlane reports 11% year-to-date growth in sales revenue

UK – Glasgow-based protective packaging provider Macfarlane Group has reported that its sales revenue rose by 11% between 1 January and 31 October this year. The company’s board anticipates its performance for the year to be ahead of last year and in line with its full-year expectations. Macfarlane made strategic progress in Europe during the ten-month period, including its acquisition…

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UPM Raflatac partners Orthex to recycle ocean-bound plastic

FINLANDGlobal supplier of labeling materials for branding and promotion, UPM Raflatac has collaborated with Orthex to offer household products and their labeling made of recycled plastic saved from ending up as marine litter. The initiative will produce products like buckets, wash bowls and water scoops using raw materials from value chains that collect plastic waste and transform them.…

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