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Ingersoll Rand Inc., a global provider of mission-critical flow creation and industrial solutions, celebrated its $150 million equity grant to nearly 16,000 employees worldwide with a virtual ringing of The Opening Bell at the New York Stock Exchange. “This is a $150 million investment in our employees,” remarked Vicente Reynal, Chief
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Manjushree Technopack Limited (MTL), India’s largest rigid plastics packaging company backed by Advent International, announced entering into a Business Transfer Agreement with Pearl Polymers Limited for acquiring the commercial operations and manufacturing facilities of their B2B vertical. This transaction is subject to customary closing conditions and regulatory approvals. With over 40
Read moreAlpek, S.A.B. de C.V. announced that the financial restructuring agreement between M&G Polímeros México, S.A. de C.V. and the majority of its creditors, including certain Alpek subsidiaries, has been approved on a definitive basis by the Mexican bankruptcy court. This approval would conclude the pre-agreed bankruptcy proceedings (“concurso mercantil preacordado”) initiated
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Bottles and other rigid plastic packaging made from PET are continuing to grow in demand despite pressure over their environmental impact, a recent Smithers study reveals. While Covid-19 is the immediate challenge, new recycling technologies and alternative feedstocks will be increasingly important over the five years to 2025. Data from the
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Amut has been awarded a new tender project by a joint venture between two world leader groups, specialising in raw materials production and rigid packaging solutions, engaged in the circular economy, in the Far East and worldwide. The Italian Group will contribute as a turn-key supplier to the most important project
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Loop Industries, a leading company in sustainable plastics technology, and Suez, a world leader in environmental services, announce plans to build the first Infinite Loop recycling facility in Europe. Based on enhanced recycling, the partnership will combine the resource management expertise of Suez and Loop’s unique technology for the production of
Read moreThe Plastics Industry Association (PLASTICS), producers of NPE: The Plastics Show, announced the opening of attendee registration for the industry’s largest trade show in the Americas. Every three years, NPE offers the plastics industry a global platform to highlight innovation throughout the industry across a show floor that features more than 1.2
Read moreThe organisers of the Plastics Recycling Show Europe (PRSE) have announced the postponement of PRSE 2020, which had been scheduled to take place on 27 and 28 October 2020 at the RAI Amsterdam, due to the ongoing coronavirus pandemic. The next edition of the PRSE exhibition and conference will be held
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OneCircle, the producer of KeyKeg and UniKeg, made some major steps towards the circular economy with the production of the first batch of OnePET to be used in their kegs and increasing the recycled material content to approximately 45%. OneCircle used the situation during Covid-19 to put its circularity program at
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On October 13-16, 2020, China Brew China Beverage 2020 will be held at Shanghai New International Expo Center in Shanghai. It will show diverse topics currently reflecting industry trends in these difficult times; intelligent manufacturing, innovative packaging, food safety and health, energy efficiency and sustainability It will be showing new products
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In a year that will not let the Fakuma show happen, Engel is setting new standards with a new virtual and interactive trade fair concept. Live exhibits, an online specialist congress and one-on-one meetings with familiar local contacts and other experts ensure that the Engel live e-xperience (from 13 to 16
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