2024 data reveals a deepening crisis of the European plastics recycling industry – PET amongst the most severely affected

The latest 2024 annual report published by Plastics Recyclers Europe reveals the largest capacity contraction ever recorded in the sector. Preliminary 2025 data indicate a 50% increase in recycling facility closures, resulting in the loss of nearly one million tonnes of European recycling capacity over just three years.  “Now is the

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Official opening of “Områ” transforms Norway’s plastic recycling capability

A new chapter for circular plastics in Europe begins with the official opening of Områ, Norway’s new national facility for sorting all types of plastic packaging waste – including plastic that previously had no other option than to go to incineration. Jointly owned by TOMRA (65%) and Plastretur (35%), the state-of-the-art

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Husky unveils next-generation PET technologies at Gulfood Manufacturing

Husky Technologies is exhibiting at Gulfood Manufacturing 2025 in Dubai (Hall 2, Stand B2-4) its solutions for the food and beverage industry that combine sustainability, safety, and affordability.To demonstrate this capability at Gulfood Manufacturing Husky is showcasing its range of technologies, solutions, and services that enable: “In the Middle East, where

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Avantium’s Releaf receives CPBR approval for recycling in Japan

Avantium N.V.  announced that its plant-based plastic PEF (polyethylene furanoate), branded as releaf, has received official approval for recycling within the Japanese PET bottle stream by the Council for PET Bottle Recycling (CPBR). Avantium earned the approval for the use of releaf, produced with Avantium’s YXY Technology, in a multilayer PET bottle. This approval represents an important condition for the adoption of PEF in Japan’s beverage

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CompoSecure reports strong 3Q25 financial results and announces business combination with Husky Technologies

CompoSecure, Inc., a leader in metal payment cards, security, and authentication solutions, today announced its financial and operating results for the third quarter ended September 30, 2025. Concurrently, CompoSecure announced a business combination with Husky Technologies Limited (“Husky”), a market leading manufacturer of engineered equipment and aftermarket services, in a transaction

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Acquisition in Serbia: ALPLA takes over Energoplast’s closure production

The internationally active ALPLA Group continues to grow in the compression and injection moulding segment and is taking over the production facility of Serbian closure manufacturer Energoplast in Belgrade. As a system provider, ALPLA supplies high-quality plastic packaging from a single source. With the closure production of Energoplast, ALPLA is expanding

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