Market News | PACKPLAST Kenya 2024

Market News

  • Platinum Packaging, Experts in Flexible Packaging in Kenya Invest in BOBST oneECG Technology

    Posted on :Friday , 5th July 2024

    Recently, two new Master M6 inline flexo presses with oneECG and DigiFlexo automation were added by the Nairobi-based converter.

     

    Platinum Packaging has incorporated two automated Bobst Master M6 inline flexo presses with oneECG technology, departing from its prior operational approach. This calculated investment was made by the Kenyan flexible packaging expert to streamline i. . .

  • A $60 Million Capital Injection Provided Significant Support To A Tanzanian Glass Bottle Company

    Posted on :Tuesday , 4th June 2024

    In Dar Es Salaam. The International Finance Corporation (IFC) and Standard Bank of South Africa have contributed $60 million (about Sh156 billion) to Kioo Limited, a Tanzanian glass bottle producer, giving it much-needed support.  

     

    In a statement released, Kioo Limited stated that the funding is intended to help it expand its manufacturing capabilities in order to satisf. . .

  • Strategic Investment From Private Equity Fund Ascent Secured By Dune Packaging.

    Posted on :Wednesday , 8th May 2024

    East African packaging solutions company Dune Packaging Ltd. has announced a collaboration with Ascent Rift Valley Fund II ("Ascent"), the region's SME-focused private equity fund.

     

    Ascent wants to help Dune Packaging innovate, grow into new markets and strengthen its environmental, social and governance (ESG) credentials as part of the deal.

     

    CEO of Dune Pac. . .

  • For Its Kenyan Manufacturing And Packaging Plant, Printcare Has Selected Alp West Logistics Park.

    Posted on :Tuesday , 2nd April 2024

    Printcare has chosen to establish its manufacturing and packaging facility at the ALP West Logistics Park located in Limuru, Kenya.

     

    With activities scheduled to begin in next year, the new plant will comply with EU compliance criteria.

     

    With operations in India and Sri Lanka, the business has expanded into other industries including apparel, footwear, bevera. . .

  • Kenya: A Nation Rich In Packaging Opportunities

    Posted on :Monday , 11th March 2024

    The industry is expected to increase at a compound annual growth rate (CAGR) of roughly 4.8 percent between 2021 and 2026, indicating that it will adapt to changing market conditions. Although it is still difficult to obtain national figures, there is a wealth of information about important areas of Kenya's packaging sector, such as market trends, new prospects and successful business plans. &n. . .

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