Investments, Funding & M+A

INDONESIA – PT ALBA Tridi Plastics Recycling Indonesia, an ALBA Group Asia company, has signed a US$44.2 million blue loan deal with Asian Development Bank…

UK – European packaging company Coveris has opened a new ‘ReCover’ recycling facility in Lincolnshire, the second in its portfolio. The facility is dedicated to…

SOUTH AFRICA – Paper and packaging group Sappi Southern Africa has joined forces with the University of the Witwatersrand (Wits) to launch the Sappi Chair…

KENYA – Three startups in Mombasa County have been awarded US$50,000 (KES7.2 million) for their unique innovations designed to curb plastic pollution in the coastal…

FINLAND – Nordic beauty brand LUMENE has launched a biobased packaging application in partnership with UPM and SABIC. The company is launching a jar, topped…

UK – Packaging specialist ALPLA Group has announced the acquisition of UK-based packaging design and manufacturing firm iTec Packaging, taking it out of administration. iTEC…

GERMANY – Sustainable packaging and paper manufacturer Mondi has created a recyclable release liner for Beiersdorf’s new range of renowned Hansaplast, Elastoplast & CURITAS plasters.…

CANADA – Atlas Holdings’ affiliate has signed a definitive agreement to acquire Resolute FP Canada’s paper mill in Thunder Bay, Ontario. The deal is subject…

NORTH AMERICA – The Closed Loop Circular Plastics Fund has received a US$10 million investment from Japanese multinational banking and financial services institution Sumitomo Mitsui…

TURKEY – Depart, Alapala Holding’s group company for milling spare part sales and after-sales services has partnered with HBTS Packaging to expand its solutions to…