FIMI mulls buying plastic packaging co Plastopil

77% of TASE-traded Plastopil is owned by Kibbutz Hazorea. FIMI Opportunity Funds (FIMI), led by Ishay Davidi, is considering the acquisition of control in Plastopil, an industrial company controlled by Kibbutz Hazorea in the Jezreel Valley. Plastopil manufactures flexible plastic sheets for packaging of chilled food and other products. Sources inform “Globes” that FIMI’s management […]

Is Ban on Plastic Stimulating Retail Market’s Early Doom?

Retail Industry is one of the most dynamic industries in India. The increased presence of multinational companies in the Indian retail market has boosted the demand in spaces such as F&B, consumers’ products, cosmetics etc. Retail packaging offers various advantages, in terms of labour costs, stock handling, and product visibility, over traditional retail packaging. It […]

Morrisons to phase out black plastic packaging by 2019

Posted By: News Deskon: June 25, 2018In: Business, Environment, Food, Industries, Packaging, Social Responsibility, Social responsibility UK retailer Morrisons has made several plastic packaging commitments, including the goal to phase out all own-brand black plastic packaging by 2019, and to make all of its own-brand plastic packaging reusable, recyclable or compostable by 2025. As part […]

174,000 TONNES OF PLASTIC PACKAGING LOST ANNUALLY IN KENYAN ENVIRONMENT

A new report finds that 260,000 tonnes of plastic packaging enters Kenya each year, and of that an estimated 174,000 tonnes are left in the environment or dumped illegally. The report, ‘Plastic Packaging Waste Flow in Kenya’ — commissioned by the Danish Environmental Protection Agency and delivered by Eunomia Research and Consulting in partnership with […]