The price hike on uncoated recycled paperboard reflects intense pressure on recycled fiber markets, where energy-intensive recycling processes have seen power costs surge.
The company is among the first to deploy plastics pyrolysis at commercial scale for end-of-life plastic, making this expansion a significant step in scaling the technology for the broader European market.
The Minister emphasized that the government will detect factors that could destabilize supply in advance, prepare response measures tailored to product characteristics, and take swift action through cooperation with related ministries.
Both Gandy and Hoffman have spent years learning the business from the ground up, Gandy from customer service to sales leadership, Hoffman from the plant floor to account management.
The African plants will now serve demand across three continents, positioning them as preferred suppliers to European buyers who must demonstrate compliance across their supply chains.
The New Delhi terminal will offer customized inventory tailored to regional demand, a significant edge over relying on imported finished rolls from distant hubs.
For packaging professionals, the AfDB’s backing signals that institutional investors view packaging, logistics, and supply chain services as strategic enablers of Africa’s economic transformation.
The investment aims to strengthen port, logistics, and industrial capabilities while improving service standards across packaging-intensive supply chains serving Cameroon and the Central African Republic.
Once operational, the facility will produce 59,000 tonnes of PureFive resin annually, recycled polypropylene capable of serving as a drop-in replacement for virgin material in demanding applications including food packaging.
Passive systems now account for approximately 60 percent of pharmaceutical cold chain packaging globally, with that share expected to rise as carriers prioritize belly cargo space over dedicated cool dollies.