With Algeria seeking to harness its manufacturing potential for regional expansion and reduce dependency on imported packaging materials, the packaging sector has risen to prominence within its industrial strategy.
As part of the final design, the switchgear components are built into the cabinet, which ensures secure fastening to moving parts and allows for straightforward handling throughout manufacturing and shipping.
The Ocean Action Labels range offers white and clear top-coated PP films made from chemically recycled ocean-bound plastic.
The funds generated from the sale will serve to “substantially improve” Gerresheimer’s capital and financing structure by lowering its leverage.
The new metallizer will enhance IPAK’s production capacity for premium metallized packaging films, which are widely used in food packaging, pharmaceutical blister foils, decorative packaging, and industrial applications.
Despite heightened geopolitical uncertainties, the company experienced no material impact on its operations, supply chain, or financial performance, with higher input costs being effectively passed on to customers.
El-Abrak said the move into diverse destinations is intended to reduce the risks associated with dependence on a single market, particularly amid potential trade or political fluctuations.
The new operation is intended to help customers manage shorter lead times, changing forecasts and the move towards paperisation.
The combined operations will leverage Dunapack’s integrated business model and regional network to serve customers across Greece and neighbouring markets, including the Balkans and Southeast Europe.
The pack reduces plastic by more than 80 percent compared to traditional plastic bottles, a significant reduction that addresses growing consumer concern about single-use plastic packaging in the beverage sector.