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RadiciGroup High Performance Polymers acquired the Engineering Plastics business of the Indian company Ester Industries Ltd. Last May, RadiciGroup announced this action aimed at strengthening its internationalisation strategy, with an investment of around 35 million euros: the transaction allows RadiciGroup – in India since 2006 – to further reinforce its local
Read moreKoch Technology Solutions (KTS), a Koch Engineered Solutions company, and Ioniqa Technologies B.V. (Ioniqa) announced a partnership to scale up and commercialise Ioniqa’s PET recycle technology in the plastics industry. As part of this collaboration, KTS has committed to invest up to €30M in Ioniqa. Ioniqa has developed a process that
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Following 18 months of construction and installation, the Alpla Group and PTT Global Chemical are opening the state-of-the-art Envicco recycling plant in Thailand. With an annual production capacity of 30,000 tonnes of recycled PET and 15,000 tonnes of recycled HDPE, it is one of the largest recycling plants for these plastics
Read morePET Baltija, one of the largest PET recyclers in Northern Europe, announced an agreement to acquire a leading Czech fibre producer Tesil Fibres s.r.o, a spin-off of Silon s.r.o. Once closed, this transaction will become one of the largest investments by a Latvian company in the Czech Republic to date. This
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The acquisition of the engineering company Herbold Meckesheim, has formally been completed. Herbold Meckesheim will be integrated with Coperion’s recycling product lines into its new Recycling Business Unit that plans to offer complete solutions for plastics recycling processing. Coperion intends to combine its strengths as an international industrial and technological leader
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“Greiner has set itself ambitious targets as far as sustainability is concerned. With the first recycling plant in the company’s history, we intend to increase the amount of recycled material used to manufacture our products. That represents an important step on the journey toward a sustainable circular economy at Greiner,” says
Read moreAdler Industrial Solutions, Inc. announced it has acquired R&D/Leverage, Co. This transaction marks the third acquisition by Adler in the past year and gives the company expanded scale, a broader capability set, and European manufacturing facilities that serve a global customer base. Headquartered in Lee’s Summit, Missouri, R&D is a leading
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Packaging solutions provider Amcor announced the opening of its latest Innovation Center in Jiangyin, China. The new center is intended to bring advanced packaging technologies and more sustainable material science to Asia Pacific, helping to drive growth and innovation across the region. Mike Cash, President of Amcor’s Flexibles business in Asia
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Additional security of investment: thanks to the use of 3D software the KHS Group now provides a timely virtual overview of all newly procured technologies at the offer stage. With it, the systems provider can illustrate in detail and in advance how a client’s potential new line or single machine can
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Indorama Ventures Public Company Limited (IVL), a global sustainable chemical company, announced its commitment to science-based targets by the Science Based Targets initiative (SBTi) to help drive its ambitious sustainability programs. The company will also participate in the SBTi Expert Advisory Group for the chemicals industry. SBTi is a collaboration between
Read moreAfter four decades of thermal conversion technology development, VTT is spinning out Olefy technology in October – a process that can affordably convert most of the world’s waste plastics back to usable virgin grade materials an infinite number of times. VTT also announces eight patent applications for the process. VTT has
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