The worldwide PET magazine
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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The Erema Group, based in Ansfelden near Linz, Austria, closes the financial year 2023/24 with total revenues of EUR 380 million. A joint venture with the Lindner Group sees the group of companies expand its portfolio to include washing technology. Erema Group GmbH now has eight subsidiaries: Erema, Pure Loop, Plasmac,
Read moreIn the context of growing concerns about the impact of the slowing economy, surging inflation, high fuel and energy prices all impacting on profitability, it has been difficult to prioritise sustainability efforts. A recent progress report from the Ellen MacArthur Foundation confirms that the 1,000 signatories to its Global Commitment will
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Carbios and the cosmetics brand L’Occitane en Provence present a bottle in transparent PET made entirely from enzymatic recycling for a shower oil from the Amande range. In collaboration with converter Pinard Beauty Pack, this bottle exemplifies a shared desire to build en efficient European recycling sector to accelerate the transition
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Netstal appoints Nadeem Amin as its new President for the Americas Region, effective June 1, 2024. He will report directly to Netstal CEO Renzo Davatz. Nadeem Amin joins Netstal with over 30 years of experience in collaborating with customers in the plastics industry. After 25 years in various roles at Husky,
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LyondellBasell, a global leader in the chemical industry, launches Polybatch Effects Frost masterbatches to transform PET packaging with a matte frost effect. The new masterbatches are available in two distinct styles. The solution can be seamlessly integrated with various colours to achieve a high-end, sophisticated look, says the company. The Polybatch
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In beverage bottling plants, the process of closing the containers constitutes a point of crucial importance for the product’s overall quality. In order to meet stringent quality standards and keep pace with innovative improvements like tethered caps and lightweighting while simultaneously upgrading the existing methods, Krones has developed a 360° closure
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The global Alpla Group is setting the course for further growth in injection moulding by establishing the ALPLAinject division. By strategically concentrating all injection moulding expertise and capacity under this brand, the plastic packaging specialist is increasing efficiency, speeding up the market launch of new products and unlocking new market segments.
Read moreAs per the latest report by Imarc Group, the global PET bottle market size reached US$ 44.1 Billion in 2023. Looking forward, the market is projected to reach US$ 60.3 billion by 2032, exhibiting a growth rate (CAGR) of 3.3% during 2024-2032. The market is influenced by the global effort to reduce plastic
Read moreOrigin Materials, Inc. announced its first-quarter financial results, emphasising progress toward profitability driven by its PET caps and closures business. The company reported quarterly revenue of $6.8 million generated by its supply chain activation program and joint development agreements. The company also made significant progress in commercialising its caps and closures
Read moreNPE 2024 wrapped up a significant week with a substantial turnout, reinforcing its status as a prominent event in the plastics sector in the Americas. With over 50,000 registrants, the show garnered considerable interest from industry stakeholders. This year’s edition saw a notable influx of newcomers, with 63% of attendees experiencing
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