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Indorama Ventures Public Company Limited (IVL), a global chemical producer, has been awarded ‘Best Regional Loan’ in the manufacturing sector for its US$300 million Blue Loan – the first of its kind granted to a plastic resin manufacturer. The award was announced at ‘Triple A Sustainable Capital Markets Regional Awards 2020’ virtual
Read moreRepi, a leading supplier of high-performance liquid colour and additive solutions for polyurethanes and thermoplastics, has acquired Novosystems GmbH, one of the few independent European players in the field of liquid colours and additives for thermoplastic materials. With the acquisition of the German-based company, Repi intends to strengthen its position in
Read moreAlpek, S.A.B. de C.V. announced that it has formed a new joint venture company with ContourGlobal plc to develop a CO2 capture and liquefaction facility. The site would be integrated into ContourGlobal’s cogeneration facility in Altamira, Mexico. Each party holds a 50% stake in the JV. The JV was created to
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At the end of March this year, Rüdiger Löhl, the long-serving Managing Director of Schmalkalden-based Eproplast GmbH, officially becomes a pensioner. But he is not yet retiring completely. He will remain available as a consultant to the company which specialises in the production of PET bottles and associated preforms. The future
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Amcor has partnered with McKinsey.org, a nonprofit founded by global consultancy McKinsey & Company, to develop recycling and waste management solutions that can be applied across communities in Latin America. Amcor is supporting McKinsey.org’s “Rethinking Recycling” initiative in Buenos Aires, Argentina, which has worked with 5,000 households, trained more than 120
Read moreSince the introduction of LNP Elcrin iQ materials in late 2019, Sabic has helped divert more than 100 million single-use 16.9 oz. (50 cl) PET water bottles from landfills and incinerators. This portfolio of globally available PBT materials is produced from post-consumer PET water bottles through a chemical upcycling process. Sabic
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Enterprising individuals and organisations across SA are rethinking the recyclability of packaging, educating and uplifting communities, and creating revenue streams among waste reclaimers and SMMEs to boost the circular economy and the environment. Among the eco-warriors making a tangible impact on sustainability and the circular economy are 13 individuals and organisations
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At the beginning of this year, UAB Neo Group, a PET producer operating in Klaipėda FEZ in Lithuania, produced and sent to customers for testing the first PET resins, which were manufactured using up to 25% of recycled raw materials. The company predicts that the commercial application – PET packaging –
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CDS group is consolidating its caps and closures branches in the new brand Wisecap. This step reflects the group’s consolidation process in recent years. The name Wisecap is the expression of the experience gained in the production of plastic caps for the beverage industry. CDS group, active in the manufacturing of
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Sidel packaging team in Shanghai, China redesigned the package of Menton flavoured water. The straight-wall lightweight PET bottle, which weighs only 17.85g for the 500ml format, conveys the sense of modernity and is a statement of sustainable packaging. Targeting young consumers in China, this new design is intended to differentiate Menton
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According to Austrian recycling specialst Erema, there has been a noticeable increase in demand for recycling machine combinations featuring ReFresher technology that reduces odour downstream of the extrusion process. This is due to the growing demand for high-quality post consumer recyclates that can be used for a wide variety of applications.
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