Investments, Funding & M+A

MOROCCO – Irish corrugated packaging company, Smurfit Kappa has inaugurated €35 million (US$38.59m) corrugated cardboard plant in Morocco, setting the stage for further expansion in…

INDIA – South Korean chip manufacturer SK Hynix is exploring prospects of setting up a packaging facility in India, reports The Indian Express (IE). The…

UGANDA – Beverage companies in Uganda have signed letters of intent that jointly seeks to establish the Producer Responsibility Organization (PRO), a non-profit, industry-driven and…

MOROCCO – UAE-government-owned renewable energy company, Masdar Energy has announced plans to set up a plastic treatment plant in Morocco. The industrial venture will be…

FINLAND – Valmet, a developer and supplier of technologies, automation systems and services for pulp, has agreed to acquire Körber Group’s Business Area Tissue for…

CANADA – UK-based sustainable packaging company Mondi has revealed plans to acquire the 250 000 t/y Hinton Pulp mill in Alberta, Canada, from forestry company…

DENMARK – Dairy firm Arla Foods has joined forces with Blue Ocean Closures, a Swedish start-up specializing in sustainable closures, to develop a new cap…

FRANCE – Spain -based packaging company, Hinojosa Packaging Group has closed a 49% shareholding agreement with ASV Packaging, a French F&B packaging design and production…

POLAND – Austrian packaging solution provider ALPLA has invested €8 million (US$8.7m) to expand the capacity of its PET Recycling Team (PRT) plant in Radomsko,…

USA – Canadian protective packaging provider Specialized Packaging Group (SPG) has announced the acquisition of US-based company Protective Packaging Solutions (PPS) for an undisclosed amount.…