Petcycle GmbH 2019: Decline in sales and progress towards sustainability

On the occasion of the company’s twentieth anniversary, the conditions of the previous year, increasing plastic bashing and the continuing individualisation of brand packaging have clouded the balance sheet of Petcycle GmbH. The operator of the petcycle pool system for beverage packaging reports an 11.8 percent decline in sales for 2019.

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Clariant ColorForward 2021 palette yearns for human contact, searches for authenticity

The colour experts at Clariant ColorWorks have identified four societal trends that can be expected to influence consumers in the next few years. ColorForward 2021, the 15th edition of the annual Clariant colour forecasting guide for the plastics industry, recognises that genuine human contact is actually becoming a luxury in the

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Indorama Ventures acquires Californian PET Recycler Green Fiber International

Indorama Ventures Public Company Limited (IVL), a global chemical manufacturer, has acquired Green Fiber International Inc. (GFI), a recycling company in Fontana, California, USA. The facility produces Recycled Polyethylene Terephthalate (rPET) flakes. The acquisition has a combined capacity of 40,000 tonnes/annum. Green Fiber International Inc. offers high-quality recycled PET bottle flakes

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Manjushree Technopack (MTL) acquires National Plastics

Advent International backed MTL (Manjushree Technopack Ltd), a leading rigid plastics packaging solutions company from India, has acquired National Plastics (NAPLA), one of the leading player in spraying and dispensing systems and solutions in India (slump sale, on a going concern basis).  This is the first acquisition by MTL since Advent

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