1:16 min Management
Acquisition

Coca-Cola HBC AG completes the acquisition of a majority stake in Coca-Cola Bottling Company of Egypt

Following its announcement on 12 August 2021, Coca-Cola HBC AG announced the completion of the acquisition by its wholly-owned subsidiary, Coca-Cola HBC Holdings BV, of approximately 52.7% of Coca-Cola Bottling Company of Egypt S.A.E. from MAC Beverages Limited and certain ...
0:52 min Facts & Figures
Ruling

ASA: Lipton Ice Tea ad banned over recycled bottle claims

According to The Advertising Standards Authority Ltd., a poster for Lipton Ice Tea seen on a bus shelter on 13 August 2021 has been banned for misleadingly claiming that the bottles were made from 100% recycled materials.
1:26 min Management
Appointment

Michelle Bryson named Global Sustainable Packaging leader for BW packaging systems

BW Packaging Systems, the packaging equipment arm of Barry-Wehmiller, is pleased to announce the appointment of Michelle Bryson to the role of Global Sustainable Packaging Leader. Bryson will lead the development of a sustainability roadmap for BW Packaging Systems, and collaborate ...
0:50 min Markets and Management, Management
Appointment

Borealis appoints Dirk Langhammer as Vice President Strategy & Group Development

Borealis announces the appointment of Dirk Langhammer (42) as Vice President Strategy & Group Development effective 1 January 2022. Dirk succeeds Tom Asselman, who will move to OMV in the role of Vice President Strategic Planning & Projects.
3:22 min Management, Africa
Investment

Dow invests in recycler, Mr. Green Africa, to address waste management gaps and accelerate a circular economy for plastics in Africa

Dow’s investment in Mr. Green Africa is part of their Series B fundraising round - one of the stages in the capital-raising process of a startup A first of its kind investment for Dow in Africa, the materials science company will work alongside the innovative recycling company Mr. ...
1:45 min Markets and Management
Review

PET to PET recycling: Maintained previous year's level despite pandemic

More than 27,300 t of PET material went through the recycling cycle last year. Despite corona-related restrictions, the processing quantities could be kept at a similar level compared to the previous year (2020: 28,200 t) and an increase in sales of 14% was achieved. Further ...
1:14 min Management
Expansion

Indorama Ventures to expand packaging business into Vietnam strengthening market position in Asia-Pacific

Indorama Ventures Public Company Limited (IVL), a global sustainable chemical company, announces that it is in the process of acquiring shares in Ngoc Nghia Industry – Service – Trading Joint Stock Company (NN). NN is a leading PET converter in Vietnam with long-standing ...
0:43 min Management
Appointment

Miyryam Servet Mustafa is the new Managing Director of MULTIVAC Bulgaria Production EOOD

On 1 January Miyryam Servet Mustafa was named Managing Director of MULTIVAC Bulgaria Production EOOD. As Managing Director of the company, she will now be directing the business of the Bulgarian production site in conjunction with Dr Christian Lau, Executive Vice President of ...
0:56 min Markets and Management, Management
Acquisition

Brook + Whittle to acquire in Mira Loma, CA

Brook + Whittle is pleased to announce our agreement to purchase Paradigm Label based in Mira Loma, California. Paradigm Label is a great addition to our business as we continue to expand our West Coast presence and grow our digital business.
2:10 min Markets and Management, Management
Acquisition

TricorBraun acquires beverage packaging leaders Zuckerman Honickman and Vessel Packaging

Global packaging leader TricorBraun announced that it has acquired beverage packaging leaders Zuckerman Honickman (ZH) and Vessel Packaging (Vessel), strengthening the company’s position in the beverage packaging market.