The bonus issue is expected to be implemented within two months of the board meeting, pending shareholder approval.
Using up to 50% less material than traditional triangle packs, squares, blocks, or tubs, stick packs greatly reduce carbon footprint and environmental impact.
The investment is part of a wider push to deliver global expertise locally to customers in a region marked by fast growth and rising metal packaging competition.
The move expands Henkel’s regional support for packaging producers, converters, and brand owners navigating PPWR and broader recyclability requirements across Asia-Pacific.
The recyclable product replaces wax-treated papers in moist food-service applications, helping brands reduce single-use plastics and coated packaging.
Adeyeye: firms must recall banned drinks nationwide, report to NAFDAC, and destroy recovered stock under NAFDAC oversight, at their cost.
EMEA carton and closure revenue rose 7.9% year-over-year, driven by Pure-Pak UHT dairy growth and Roll Fed expansion across Central and Eastern Europe.
The ProPad Mini handles both one-ply and two-ply fanfold paper, ideal for e-commerce, 3PL, and distribution operations.
Tiptree chose the two films for their independently certified PCR content, supporting sustainability reporting and ensuring traceability through monitored production.
Sorting bins at Petra are expected to cut landfill waste from the site and create opportunities for local recyclers to process the collected materials.