PETpla.net Insider 09 / 2022

PETnews 6 NEWS PETplanet Insider Vol. 23 No. 09/22 www.petpla.net Innovations and sustainability in plastic bottles and containers The 6th edition of the Blow Moulding 2022 International Conference, Exhibition and Networking Event will take place in Brussels, Belgium, on 30 November - 1 December. This annual event brings together the entire supply chain: from brand owners and retailers to suppliers of raw materials and additives – not forgetting manufacturers of packaging and packaging components (preforms, bottles, caps & closures, labels & sleeves, etc.), equipment manufacturers, recyclers and sustainability experts, testing and certification agencies, academics and researchers. The 2022 edition features keynote speakers from Danone, Friesland Campina, Nestlé, Pepsico and the European Commission. The presentations will address a broad range of topics, including innovations, as well as insights, trends, developments and outlooks in this industry. Each presentation will be followed by a short Q&A session. The presentations programme is interspaced with networking opportunities, designed to enable participants to meet up, expand their network of industry contacts, discuss issues and explore potential new collaborations. The conference is accompanied by an exhibition, where suppliers will showcase their latest developments in terms of products, services and technologies. Registrations are accepted online, via the conference website: www.blow-moulding.com Manjushree Technopack acquires Hitesh Plastics Manjushree Technopack, India’s largest manufacturers of rigid plastic packaging backed by Advent International, has acquired Bangalore-based Hitesh Plastics. According to the agreement, MTL will acquire the business operations and manufacturing facilities of Hitesh Plastics. Hitesh Plastics is the leading manufacturer of plastic caps and closures in India. MTL enters the specialised caps and closure market with this acquisition, bolstering its position as an end-to-end integrated rigid plastic packaging player. Hitesh Plastics processes over 1,200 t/a of PP and PE to produce over 10 billion CSD, hot-fill, warm-fill, and water closures. It is a major supplier to companies like PepsiCo, Tata-Himalayan, Amul, and others. MTL will also add the acquired company’s two new plants in Jalgaon, Maharashtra, to its existing list of 21 plants in India. This will push MTL’s total manufacturing capacity beyond 200,000mt/a. Manjushree was advised by Khaitan & Co on this deal while HPPL was advised by Lumiere Law Partners. KPMG was the exclusive financial advisor to HPPL. www.manjushreeindia.com

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