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Gr3n announced the signing of a binding Memorandum of Understanding (MOU) with its shareholder Intecsa Industrial to set up a Joint Venture. Gr3n together with Intecsa Industrial will join forces and build a “First-of-a-Kind” (FOAK) manufacturing facility able to produce 40.000 t of virgin-like PET, commencing EPC phase in Q4-2024 and
Read moreNext Generation Group, a leading provider of unique plastic life solutions, acquires a majority share in HydroDyn, a renowned technology provider specialising in plastic waste cleaning and purifying. This strategic partnership solidifies the group´s commitment to offering comprehensive plastic recycling solutions, particularly in the field of post-consumer recycling. Under the terms
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Temple Economic Development Corporation (Temple EDC) announced that Niagara Bottling, LLC (Niagara) will invest $48 million to expand its existing facility in Temple, Texas. The project will include a warehouse build, which will result in the creation of a minimum of 14 jobs. Since 2019, Niagara has been flourishing in Temple,
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Investment in the circular economy – production capacity doubled since 2021 The globally active Alpla Group has been investing in building up its own recycling capacities since 2005. The plastic packaging company now operates 13 plants, including four joint ventures with regional partners, and aims to be processing at least 25
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Following last year’s recycling record, PET to PET Recycling Österreich GmbH in Müllendorf, Austria, has once again recorded a record figure for the first half of 2023: 17,755 tons of PET beverage bottles were kept in the resource cycle – an increase of more than 17 percent compared to the previous
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Following the publication of its Alternative Packaging for Wine report in May, The Wine Society has embarked on the second phase of its packaging trial. This week, four of The Society’s most popular wines, including its top-selling wine, The Society’s White Burgundy, will be released in rPET bottles in collaboration with
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Asia is set to lead the global PET industry capacity additions with a share of 61.8% by 2027, by gaining capacities from new-build and expansion projects between 2023 and 2027, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Polyethylene Terephthalate (PET) Industry Installed Capacity and Capital Expenditure
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Veolia PET Germany GmbH will close the PET recycling site in Rostock, Germany, on December 31, 2023 after more than 20 years due to the lack of long-term security for the production site. The closure will affect a total of around 50 employees. This decision is based on an estimation of
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CCL Industries, a world leader in specialty label, security and packaging solutions for global corporations, government institutions, small businesses and consumers, announced it has acquired privately held Creaprint S.L., based in Alicante, Spain. Creaprint is a specialist in mould label (“IML”) producer with a manufacturing facility in Alicante, Spain, and a
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Alpla is expanding its recycling plant in Radomsko, Poland. The internationally active packaging and recycling specialist is investing around eight million euros in the third extrusion line at the site. The annual production capacity will increase from 30,000 to 54,000 tonnes of food-grade PET recycling material (rPET). This makes the PET
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The two international trade fairs for the beverage and liquid food industry will join forces to strengthen their positions in the world market. Drinktec from Munich, the world’s leading trade fair for the beverage and liquid food industry, and Nuremberg’s BrauBeviale, the leading capital goods trade fair for the beverage industry
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