Mondi buys paper bag converting lines from Lafarge Cement Egypt
The acquisition will help Mondi increase its annual production capacity by around 150-180 million bags.
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BariQ to install Starlinger recycling system and SSP reactor
The recycling system is expected to increase BariQ’s total food-grade rPET pellet production capacity to 35,000t a year.
Huhtamaki to buy flexible packaging company Elif for $483m
The acquisition is intended to add technological capabilities to Huhtamaki and expand its product range.
HB Fuller to build adhesive manufacturing facility in Egypt
The Cairo facility will serve increasing demand in the fast-growing markets of Egypt, Turkey, the Middle East and Africa.
Glass container maker MEG secures $100m in funding from IFC
Egypt-based glass containers maker Middle East Glass Manufacturing (MEG) has secured approximately $100m in funding from IFC, a member of…
IVL buys 74% stake in Egypt’s PET preforms maker Medco Plast
Thailand-based petrochemicals company Indorama Ventures (IVL) has acquired 74% of the share capital of Egypt-based PET preforms maker Medco Plast…
M&As this week: IPG, Mondi, Transcendia, IVL, Sealed Air Corporation
Intertape Polymer Group (IPG) has acquired Polyair Inter Pack for $146m.
Mondi concludes acquisition of 96% stake in Suez Bags
International packaging and paper group Mondi has concluded the acquisition of a 96% stake in Egypt-based industrial bags producer Suez…