Recycling

The acquisition fits Antalis’s strategy to grow in customised packaging—a segment it sees as a key growth driver for its European business.

By combining Imdaad’s FM and environmental expertise with Clean City’s local strengths, municipal services, hazardous/e-waste treatment, and sorting equipment, the JV creates a platform for sustainable solid waste management.

Using strict safety protocols like controlled access and real-time monitoring, the facility turns most hazardous industrial waste from landfill fodder into valuable energy.

These certifications serve as official proof that the business meets international quality, safety, and efficiency standards, boosting credibility with customers, financial institutions, development partners, regulators, and other global stakeholders.

Allotment is expected to be finalised on August 10, with listing on BSE and NSE scheduled for August 12.

The deSter partnership enables large-scale UAE recycling, lowering carbon footprint by avoiding international transport of recyclable materials.

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.