Middle East Glass Manufacturing Company secures $100m financing from IFC
Egypt-based Middle East Glass Manufacturing Company (MEG) has secured $100m funding from the World Bank Group member International Finance Corporation (IFC).
Egypt-based Middle East Glass Manufacturing Company (MEG) has secured $100m funding from the World Bank Group member International Finance Corporation (IFC).
Glass packaging provider Owens-Illinois (O-I) has announced an investment of over €50m to upgrade its Reims plant (Marne) in France.
Ardagh Group, a supplier of value-added, infinitely-recyclable, metal and glass packaging solutions, has announced its results for the fourth quarter and year ended December 31, 2018.
Glass packaging production in Europe grew by 1% in volume (tonnes) and by 1% in unit terms in the first half year 2018 compared to the previous half year according to data published by the European Container Glass Federation, FEVE.
A recent industry data by FEWE, the European container glass federation, on glass recycling has confirmed that tons of glass bottles and jars are collected and recycled in Europe, with an average glass recycling rate of 74%.
Netherlands-based Novio Packaging Group has acquired German-Swiss packaging firm Flacopac/Deflaco for an undisclosed sum.
Gerresheimer will be unveiling numerous new bottle designs at the PCD trade fair in Porte de Versailles, Paris, on 30 and 31 January.
US-based private investment and equity firm Atlas Holdings has acquired North American rigid packaging solutions provider Saxco International for an undisclosed sum.
A joint venture (JV) of New Mill Capital Holdings of New York, Odyssey Real Estate Capital of Las Vegas and Joseph Finn of Boston has acquired the former Ardagh Group glass plant in Milford, Massachusetts.
Berlin Packaging has opened a new 231,000ft² mega-warehouse facility in Ontario, California, US.