The worldwide PET magazine
As 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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Amcor, a global leader in developing and producing responsible packaging solutions, announced the launch of its Bottles of the Year program on National Packaging Design Day 2024. Annually, Amcor Rigid Packaging’s Bottles of the Year will recognise the best in innovative and responsible packaging designs that meet the latest trends in
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According to the already known expansion plans in Mexico, Engel together with Queretaro Government announced it’s investment in the region during a meeting at the Mexican Embassy in Vienna (Austria) by the end of April. Following its company philosophy, “Close to the customer,” European injection moulding manufacturer Engel will expand its
Read moreFollowing a resolution taken by the Executive Board, Krones aims to reduce its greenhouse gas emissions to net zero by 2040 – along the entire value chain. “In view of the latest forecasts issued by climate researchers, each and every one of us needs to know that our planet has reached
Read moreA N$24 million (over US$1.2million) investment through a partnership between Coca-Cola Beverages Africa (CCBA) in Namibia and Plastic Packaging has culminated in the opening of a new PET flaking plant in Okahandja which will double the capacity of the only mechanical recycler of plastic waste in the country. The plant was
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Carbios celebrated the groundbreaking ceremony for the world’s first PET biorecycling plant on April 25, in the presence of representatives of local authorities, partner brands and industrial partners. Located in Longlaville, in the Grand-Est region of France, Carbios’ first commercial plant is intended to play a key role in the fight
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Aptar Closures recently introduced to the market is Future Disc Top, a fully recyclable* closure that was also made to withstand the rough e-commerce journey to provide peace of mind to brands and consumers. Intended for the beauty and personal care categories, Future Disc Top is claimed to stand out on
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In the pursuit of concluding the Global Plastics Treaty negotiations successfully and on time, a collaborative call to action, by Virginia Janssens, Managing Director of Plastics Europe, is made to industry stakeholders and governments alike, urging a concerted effort towards identifying common solutions in Ottawa: “To ensure the Global Plastics Treaty
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Carbios was awarded first prize in the “So French So Innovative” Award organised by Business France, the Hong Kong Committee of French Foreign Trade Advisors (CCEF), La French Tech and its partners at InnoEx 2024 (taking place in Hong Kong from 13 to 16 April). The award recognises French innovation to
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