Monday 1 September 2014
 
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packaging

Savola in talks to sell packaging unit to Takween

Saudi Arabia's Savola Group has signed a non-binding agreement to sell its packaging business to Takween Advanced Industries, as it moves to focus on its core sectors of food and retailing, it said on Wednesday. Savola, which

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Mideast packaging industry to grow 5pc annually

The $4 billion worth flexible packaging industry in Middle East and Africa is forecast to grow five per cent annually and is one of the fastest growing sectors in the manufacturing industry in the region, accordi

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NZ tycoon eyes $5bn sale of packaging firm

New Zealand's richest man, Graeme Hart, is exploring a sale of SIG Combibloc Group that could value the world's second largest maker of drink cartons at around $5 billion, according to people familiar with the matter. Hart

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Dubai agrees $1.7bn sale of packaging firm Mauser

Private equity firm Clayton Dubilier & Rice (CD&R) has agreed a deal to buy Germany-based packaging group Mauser from Dubai International Capital (DIC) for around 1.25 billion euros ($1.72 billion), two sources familiar with the matter s

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Bosch rolls out new packaging for spare parts

Bosch Automotive Aftermarket Middle East & Africa (MEA) has rolled out a new packaging design for its spare parts and car accessories. The new sales packaging will gradually replace old packaging throughout the region over the

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Coca-Cola, WWF focus on new green goals

The Coca-Cola Company and World Wildlife Fund (WWF) have expanded their partnership with focus on sustainable management of water, energy, and packaging use as well as sustainable sourcing of agricultural ingredients through 2020.

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Sadara awards packaging contract to MDR

Sadara Chemical, a joint venture of Saudi Aramco and The Dow Chemical Company, has outsourced its packaging center activity for solids and liquids handling to Almajdouie De Rijke Company (MDR) Logistics. MDR is a joint venture bet

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Octal launches new poultry packaging solution

Octal, a global supplier of clear rigid food packaging material, has unveiled the next innovation in poultry packaging, which improves processes and cost efficiency while maintaining maximum freshness for longer lasting shelf appeal.

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Saudi agribusiness market to hit $2.2bn

The agribusiness market in Saudi Arabia will increase by 1.3 per cent year-on-year to hit $2.2 billion in 2012, thanks to the massive investments in the sector by the government with focus on food security, said an expert ahead of an industry even

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Top Paris design firm opens Dubai office

Centdegrés, a leading Paris-based design agency, has opened a new branch in Dubai to support local brands as well as international firms in boosting their creative and development work in the regional market. Since 1988, centdegrés has bee

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