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Indorama Ventures Public Company Limited (IVL) a global sustainable chemical producer, and Carbios (Euronext Growth Paris: ALCRB), a biotech company developing and industrialising biological solutions to reinvent the life cycle of plastic and textiles, announced the signing of a non-binding Memorandum of Understanding (MOU) to form a Joint Venture for the
Read morePepsiCo is nearing completion on a €127 million investment at its Little Island manufacturing facility, which will see the opening of additional manufacturing capacity and further investment in its R&D campus. PepsiCo currently employs more than 1,250 team members in Ireland. Over the last two years, its Cork based workforce has increased
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PET Baltija, one of the largest PET recyclers in Northern Europe and part of Eco Baltia, the largest waste management and recycling group in the Baltics, announced the investment of over €10 million as part of the development of a new PET recycling plant in Olaine, Latvia. This joint project is
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Husky Technologies commemorated the next phase of expansion to the company’s India facilities with ceremonies at their new offices and existing Chennai campus. The events were hosted by local leaders in the region, as well as senior executive, Robert Domodossola, President of Husky’s Rigid Packaging business.“This celebration reaffirms our commitment to
Read moreWhile announcing the second quarter 2023 results, Tom Salmon, Chairman and CEO of Berry, indicated cost reductions: “Our business delivered solid second quarter and first half results with adjusted earnings per share growth of 4% and 7%, respectively. During the past several quarters, we have seen supply chain constraints continue to
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Netstal, a company of the KraussMaffei Group, received the bronze medal from EcoVadis for its sustainability performance to date. In the coming years, the company intends to further increase its sustainability. The sustainability performance of the mechanical engineering company based in Näfels, Switzerland, is thus rated as “good”. EcoVadis is the
Read moreAlpek S.A.B. de C.V., headquartered in San Pedro Garza García, Greater Monterrey, Mexico, is one of the largest PET and PTA producers in the Americas and is the sole producer of polypropylene and caprolactam in Mexico. The company’s two business segments are: Polyester (including PTA, PET, rPET and polyester fibres) and Plastics & Chemicals (PP, expandable styrenics, and other speciality and industrial chemicals).
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If we are to succeed in turning the vision of a sustainable economy into reality, every one of us must do our part. The big ecological and social problems of our time affect all sectors and regions. What we now need in order to solve them is comprehensive collaboration backed by
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The Erema Group GmbH closed the 2022/2023 financial year in March with around EUR 355 million in overall turnover. “With demand for recycled plastics remaining high, the past financial year brought many challenges that we needed to handle,” says Manfred Hackl, CEO of Erema. The challenges included persistent delays in the
Read moreThe Belgian plastic and preform bottle manufacturer Resilux plans to expand its factory in northern Bucharest, Romania. This was announced by the Belgian Luxembourg Romanian Moldovan Chamber of Commerce on the social media platform LinkedIn. The expansion plans by about 30% include the installation of a recycled PET (rPET) pellets production
Read moreThe ISO50001:2018 energy certificate has recently been awarded to Retal Iberia following an external audit. Quality Manager Xavi Mora says, “This international standard is a tool to support us improve on energy consumption by developing and implementing an energy management system. The aim of this certification is to for continual improvement
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