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The new Benoni unit expands the Packa-Ching network, offering residents paid recycling services while advancing sustainability and community empowerment.

The TRQ framework cuts or phases out tariffs on set import volumes, letting domestic manufacturers source key raw materials at lower or zero duty.

Subscription closes 7 August, allotment is on 10 August, and listing on NSE and BSE is scheduled for 12 August.

The tamper-evident seal uses an integrated VOID effect to show a visible, irreversible opening indication, instantly revealing if a package has been opened or tampered with.

The green RAM rating is a key UK market differentiator, as packaging producers must prove recyclability to lower EPR costs and dodge penalties.

The firm’s technology also helps MRFs, waste managers, and regulators spot contamination trends and boost sorting efficiency across the recycling chain.

Olusanya’s appointment signals a push to deepen operational excellence and grow market share, especially in West African export markets and beyond.

The protection-seeking decision comes as Turkish packaging makers struggle with high energy costs and a weak lira, which have raised raw material import prices and squeezed sector margins.

Each glass bottle bears an engraved data matrix code that AI-powered cameras read at every production-line pass, enabling individual tracking throughout its use cycles.

CEO Robbert Rietbroek, who took over earlier this year, said the company delivered solid Q2 results, with adjusted EBITDA at the top of guidance, despite higher-than-expected inflation, while staying on track with its near-term priorities.