Industrial packaging
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CCBA invests US$14M in new PET plastic bottle production line to boost production in Mozambique
MOZAMBIQUE – Coca-Cola Beverages Africa (Mozambique) has invested US$14 million in a new polyethylene phthalate (PET) plastic bottle production line at its Nampula factory. The…
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Amcor partners ExxonMobil to boost recycled material target
AUSTRALIA – American-Australian global packaging company, Amcor has inked a five-year deal with ExxonMobil to purchase certified-circular polyethylene material in support of its target to…
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Nampak to raise US$112.6M through rights offer to cover debt, operational costs
SOUTH AFRICA – Africa’s leading diversified packaging manufacturer, Nampak, expects its headline earnings per share to decrease to between 33c and 37c for the year…
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Novvia Group bolsters portfolio with acquisition of Innovative Container
US – Kelso -backed Novvia Group has completed the acquisition of plastic, metal, glass, and corrugated containers distributor Innovative Container. Founded in 2009, Innovative Container…
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Plastipak opens new recycling facility in Spain, expanding production
SPAIN – Plastipak, a global leader in the design, manufacture and recycling of plastic containers has opened its new recycling facility in Toledo. The facility…
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JK Paper goes for majority stake in Horizon Packs and Securipax Packaging
INDIA – Indian paper and packaging board company JK Paper has agreed to acquire 85% of the shares of Horizon Packs (HPPL) and Securipax Packaging…
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Vetropack to scale operations in Italy with glass manufacturing facility
ITALY – Swiss glass manufacturer Vetropack Group has announced plans to invest over US$417.6 million (CHF 400 million) in a new facility located near Milan…
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UPM invests US$100M in its Nordland Papier mill to reduce CO2 emission
GERMANY – Finnish forestry firm, UPM is investing US$100 million in its Nordland Papier mill in Dörpen, Germany, to reduce CO2 emissions by 300,000 metric…
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WestRock to sell stake in RTS to Sonoco, offloads two URB mills to Ox Industries
US – American corrugated packaging company WestRock has entered into a definitive agreement to wholly divest its ownership interest in RTS Packaging to its joint…
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Greif to bolster jerrycan business with US$300M acquisition of Lee Container
US – American manufacturing company, Greif has agreed to acquire the manufacturer of jerrycans and other barrier and conventional blow-molded containers, Lee Container for US$300…