Ogunjobi emphasized sustainable production, urging industry players to adopt waste recovery, recycling, and environmentally responsible manufacturing.
The deSter partnership enables large-scale UAE recycling, lowering carbon footprint by avoiding international transport of recyclable materials.
The company has announced over US$210 million in EMEA cost-saving measures, including 31 facility closures and net reductions of more than 3,000 positions.
Despite the milestone, CEO David Katz stressed that the challenge persists, an estimated 11 million tonnes of plastic enter the oceans each year, equivalent to a refuse truckload every minute.
The US$10.8 million increase in G&A expenses was primarily attributable to $3.1 million in non-cash share-based compensation.
Across the Middle East and Africa, the packaging industry moved from ambition to action with a velocity that caught even seasoned observers off guard, policy…
If paired with affordable sustainable alternatives and proper enforcement, the broader ban would improve waste collection, recycling, and public education, while cutting plastic pollution and creating cleaner cities.
FAAN’s recycling programme, part of its ACI-accredited Carbon Management Plan, represents a major move toward net-zero carbon emissions.
This successful export to Mauritania showcases government efforts to promote industry, back export-oriented firms, and deepen regional African trade ties under its economic diversification plan.
The issue is a fresh offering of 37,48,800 equity shares, with 49.95% reserved for QIBs, 15% for HNIs, and 35% for retail investors.