PETnews 6 NEWS PETplanet Insider Vol. 26 No. 06/25 www.petpla.net Alpek will cease operations at its PET facility in North Carolina Alpek, S.A.B. de C.V. announced the strategic decision to cease operations at its Cedar Creek facility in Fayetteville, North Carolina by July 31, 2025. The site, acquired by Alpek in 2001, has an installed capacity of 170,000 t of PET resin and approximately 35,000 t of rPET flake production. This decision is aligned with Alpek’s long-term strategy to optimise its global footprint and focus on its more competitive and scalable assets. The company aims to reallocate its production to continue serving its customers with high quality products and sustainable solutions by leveraging its regional and global network. Through this step, which is part of Alpek’s Cost Reduction Strategic Initiatives, the company will be able to generate approximately U.S. $20 million in annualised savings on a run-rate basis, effective by 2026. The decision is intended to reinforce Alpek’s long-term vision to solidify its core business and strengthen its financial position. www.alpek.com EUROPEN launches an interactive PPWR Guidebook EUROPEN has released a new interactive guidebook designed to help businesses navigate the evolving requirements of the EU Packaging and Packaging Waste Regulation (PPWR). Whether companies are starting to review the Regulation or already adapting to the upcoming changes, this practical tool intends to provide a structured overview of the regulatory landscape and its implications for the packaging value chain. “Navigating the requirements of the PPWR can be a complex task. With the PPWR Guidebook, we aim to help companies gain a clear understanding of their obligations - tailored to their specific sector and products,” states Francesca Stevens, the Secretary General of EUROPEN. The guide offers a concise summary of the PPWR and its links to other key EU legislation, an interactive questionnaire to help users assess how the regulation applies to their business, as well as a glossary of legal terms for quick reference. Direct access to the PPWR text and related documentation are also included. To support users in getting started, EUROPEN has also published a short explainer video. The video walks users through the key features of the tool and demonstrates how to complete the questionnaire step by step. www.europen-packaging.eu Chemco and Kandoi form JV to launch rPET-based FIBC bag manufacturing facilities in India In a landmark collaboration aimed at redefining sustainable packaging in India, Chemco Group, one of the India’s largest PET converters, and Kandoi Group of Industries, a leader in technical textiles, have announced a strategic joint venture (JV) to build two fully integrated greenfield manufacturing facilities in Vapi and Dahej, Gujarat. With a total investment of U.S. $52.7 million (₹450 crore), the initiative will focus on producing FIBC (Flexible Intermediate Bulk Container) bags entirely from rPET. The upcoming facilities will offer a closed-loop system from PET bottle collection and washing, to tape extrusion, weaving, and final bag fabrication ensuring full traceability, consistent quality, and reduced environmental impact. Designed to recycle over 10 million PET bottles per day (approximately 3.6 billion annually), the plants will operate entirely on renewable energy and offer a high-strength, low-carbon alternative to traditional polypropylene and polyethylene packaging. Beyond its environmental goals, the JV is claimed to be built on a strong foundation of social equity. It is expected to generate over 2,500 direct and indirect jobs across collection, processing, logistics, and manufacturing. By partnering with Urban Local Bodies (ULBs) and municipal corporations, the initiative aims to formalise India’s informal waste collector network offering steady livelihoods, improved working conditions, and integration into a more transparent and efficient waste ecosystem. The rPET-based FIBC bags are fully aligned with India’s Extended Producer Responsibility (EPR) framework and global ESG expectations. Commercial production is expected to begin by the end of 2025. www.chemcogroup.com ABC Compressors to become part of Atlas Copco Group Arizaga Bastarrica y Compañia S.A. (“ABC Compressors”), a Spanish compressor manufacturer, will become part of Atlas Copco Group and will be assigned to the air and gas applications division within the Compressor Technique Business Area. ABC Compressors was founded in 1943 and is located in Eibar, Spain. The company also has an assembly unit in Suzhou, China and sales offices in India, USA and Mexico. In total 319 employees will join Atlas Copco Group as part of the acquisition. ABC produces reciprocating compressors for gas and air compression, used in several customer segments and applications. In 2024 the company had revenues of approximately 84 MEUR (961 MSEK). The purchase price is not disclosed. The acquisition is expected to close during the third quarter 2025. www.atlascopco.com
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