Engel Group strengthens Indian market presence through strategic partnership with Electronica Plastic Machines

The Engel Group, a leading supplier of injection moulding technology from Europe, has entered a strategic partnership with Electronica Plastic Machines (EPM), a renowned Indian manufacturer of hydraulic injection moulding machines. By acquiring a stake in EPM, the company becomes part of the Engel Group, creating opportunities for closer cooperation in

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Transforming PET packaging and textiles in the US

A new study, published by Systemiq with support from Closed Loop Partners, Eunomia and The Recycling Partnership, outlines a comprehensive roadmap to transition the U.S. PET packaging and polyester textile industries from the current linear single-use model towards circular, low-waste and low-emission systems by 2040. Titled ‘Transforming PET Packaging and Textiles

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Plastics Europe: Falling EU competitiveness threatens circular plastics transition

Plastics Europe’s latest data on the health of the European plastics system highlights a steeper-than-expected downturn in the production of plastics and, for the first time, in mechanically recycled plastics production in 2023 in Europe. Compared to 2022, total EU plastics production saw a sharp decline of 8.3%, falling to 54

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Amcor and Berry to combine in all-stock transaction creating a global leader in consumer, healthcare packaging solutions

Amcor plc and Berry Global Group, Inc. announced they have entered into a definitive merger agreement, pursuant to which Amcor and Berry will combine in an all-stock transaction. Berry shareholders will receive a fixed exchange ratio of 7.25 Amcor shares for each Berry share held upon closing, resulting in Amcor and

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Sumitomo (SHI) Demag collects second consecutive silver sustainability medal

Sumitomo (SHI) Demag announced the placement in the 94th percentile of worldwide companies assessed by EcoVadis, a globally recognised sustainability ratings platform. Awarded silver for the second year in a row, the company narrowly missed out on a gold medal. This repeated recognition confirms Sumitomo (SHI) Demag’s dedication to sustainability, ethics,

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