Plastic Systems, part of Pegaso Industries, announces change in company leadership

Plastic Systems S.r.l., an internationally recognised company in the field of systems for the treatment, dehumidification, and dosing of plastic polymers, and part of the Pegaso Industries S.p.A. Group, announces that effective July 30, 2025, the company’s leadership has been assumed by Eng. Rinaldo Piva, current President of the Pegaso Industries

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Origin Materials and Hordijk to mass produce PET bottlecaps

Origin Materials and Royal Hordijk Packaging announced a strategic partnership to mass produce PET bottlecaps. Hordijk has more than 100 years of experience in packaging innovation, with a focus on sustainability and commitment to innovation in circular packaging. The company develops and manufactures plastic packaging solutions for the food, personal care,

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Veolia to close recycling facilities MultiPet and Multiport GmbH in Bernburg, Germany

Veolia has announced that it will shut down its plastic recycling facilities MultiPet and Multiport GmbH in Bernburg at the end of 2025. The decision comes in response to persistently challenging market conditions in the plastic recycling sector. The company has pledged to support the 122 employees affected by the closure.

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GreenDot includes Agilyx ASA as a new shareholder

Adding to a very robust 2025 year-to-date performance, GreenDot has signed a binding agreement with Agilyx to become a new shareholder and contribute, alongside current shareholders, to a new round of capital increase to accelerate GreenDot’s growth. Both companies have played significant roles in the development of the emerging advanced recycling feedstock market in

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EFSA issues positive Scientific Opinion to Kreyenborg for the decontamination of rPET flakes

At the end of May 2025, the European Food Safety Authority (EFSA) issued a so-called positive Scientific Opinion to Kreyenborg, a plant manufacturer specialising in process technology for bulk materials in the plastics and food sectors, for its infrared technology “IR-Clean.” This technology enables the decontamination of recycled PET flakes, which

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ENEOS and Mitsubishi Chemical complete construction of 20,000t chemical recycling facility

ENEOS Corporation and Mitsubishi Chemical Corporation (“MCC”) have announced the completion of their chemical recycling facility for the launch of a plastic-to-oil conversion business. The facility, under construction since July 2021 at MCC’s Ibaraki Plant in Kamisu City, Japan, was officially completed, with a ceremony held on Wednesday, July 2, 2025.

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Otto Hofstetter AG marks 70 years of innovation and family continuity

This year, Swiss mould-making specialist Otto Hofstetter AG celebrates its 70th anniversary – a milestone that reflects decades of innovation, precision engineering and international success. Founded by Otto Hofstetter Sr. in 1955 as a small workshop in Uznach, the company has steadily evolved into a leading global manufacturer of high-performance injection

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Alpla acquires closure specialist KM Packaging

The Alpla Group is strengthening ALPLAinject, its injection-moulding division, with the acquisition of KM Packaging. With this acquisition, the international plastic packaging specialist will now also manufacture high-quality closures for tubes, bottles and jars, including in clean rooms if desired. Alpla is taking on the company’s management and personnel; the transaction

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