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Chemical producer Indorama Ventures announced it secured a new 7-year loan totaling $200 million from the International Finance Corporation (IFC) to help fund the continued growth of the company’s strategic sustainability programmes in India, Thailand and Indonesia, and promote a circular economy as a leading PET recycler. The loan from the
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Coca-Cola Europacific Partners (CCEP) GB has completed the roll out of its attached cap plastic bottles with production now underway at its manufacturing site in Morpeth, Northumberland, making it the final site to make the switch. The attached cap mechanic is the same as that of a normal cap. The innovation
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Carbios and Chinese Zhink Group, one of China’s Top 500 Private Enterprises, specialising in two global industries, PET and textiles, announce the signing of a joint Letter of Intent to build a biorecycling plant in China using Carbios’ enzymatic depolymerisation technology to serve the global market. This agreement officialises collaboration towards
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After managing the Axens Group for 22 years, Jean Sentenac handed over to Quentin Debuisschert (photo) in June 2024. The handover took place after a transition period that allowed them to ensure seamless continuity in the strategy and development of Axens, a worldwide leading energy player headquartered in France and present
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Bericap is continuing its geographical expansion with new production facilities in Africa, South America and South East Asia. The closure specialist has opened new plants in Nairobi (Kenya) and Ho Chi Minh City (Vietnam) and acquired production facilities in Lima (Peru) and Durban (South Africa). The company now operates 30 production
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PET cap and closure manufacturing system In 2022, when Jay Hanan, Senior Technical Director of R&D at Origin Materials, approached Ueli Kobel, Director of Packsys Global’s Slitting Division in Rüti, Switzerland, several companies had already rejected his idea of developing a cap made entirely from PET as impractical. From Ueli Kobel,
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In July of this year, EU Directive 2019/904 on Single Use Plastics will finally come into force. One of the consequences of this directive is the widespread introduction of tethered caps in the European Union. We spoke to Marius Pötting, Product Manager Caps and Closures at Intravis GmbH, and asked him:
Read moreThe 8th edition of the Blow Moulding Conference and Exhibition will take place from December 9-11, 2024 in Brussels, Belgium. The conference brings together the entire supply chain – from brand owners to raw materials and additives, recyclers and sustainability experts as well as the regulatory authority. Presentations include market reviews
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Sidel, a leading provider of equipment, services and complete line solutions for packaging liquids, foods, home, and personal care products, established a new office in Almaty, Kazakhstan on June 12, 2024. The strategic decision aims to bring Sidel’s expertise closer to its customers and support their growth in the region. Sidel
Read moreIn 2023, the German food processing and packaging machinery sector reached a historic high, with production increasing by 5% to €16.5 billion. This sector, the fifth-largest within German mechanical engineering, employs over 62,000 people and boasts a global trade share of 22%. Packaging machines account for around half of the production
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Borealis announces the installation of a semi-commercial demonstration recyclate-based polyolefins (rPO) compounding line in Beringen, Belgium. Set for construction during 2024, it is expected to be fully operational in the first half of 2025. The state-of-the-art line will use Borealis’ proprietary technology to transform mechanically recycled post-consumer waste into high-quality rigid
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