Indorama Ventures completes acquisition of PET packaging business in Vietnam

Indorama Ventures Public Company Limited (IVL), a global sustainable chemical company, completed the acquisition of Ngoc Nghia Industry – Service – Trading Joint Stock Company (NN), one of Vietnam’s leading PET packaging companies. The acquisition will boost IVL’s market position as it continues to expand its integrated offering of PET products

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Pressco and Somex announce strategic partnership

Pressco Technology Inc. and Somex Ltd. are pleased to announce their strategic and exclusive partnership effective March 2022. Pressco Technology, with headquarters in the USA since 1966, is well known for developing high-speed vision and sensory inspection solutions to improve process control and maximise profitability for manufacturers in the food, beverage,

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Avantium and Sukano sign offtake agreement to develop masterbatches for PEF

Avantium N.V. announces that it has signed a conditional offtake agreement with Sukano AG, producing masterbatches for PEF. The masterbatches are tailored to impart properties to plastics and as such are an effective way to diversify and expand polymer applications. With PEF from Avantium’s FDCA Flagship Plant, Sukano will develop masterbatches

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Digital Watermarks Initiative HolyGrail 2.0 achieves milestone with successful semi-industrial validation of detection sorting unit

The Digital Watermarks Initiative HolyGrail 2.0, driven by AIM – European Brands Association and powered by the Alliance to End Plastic Waste, has achieved a significant milestone with the successful validation, after semi-industrial testing mimicking real-life conditions, of the prototype detection unit for digital watermarks. The results show that the digital

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Neste works on next step towards commercialising chemical recycling of waste plastic in Porvoo, Finland

Proceeding on the target of commercializing chemical recycling of waste plastic, Neste is conducting a feasibility study to examine investing in capacity for processing liquefied waste plastic at its refinery in Porvoo, Finland. The goal is to scale up processing capabilities for liquefied waste plastic by implementing proprietary technologies to pretreat

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