The worldwide PET magazine
Loop Industries, Inc., a clean technology company whose mission is to accelerate a circular plastics economy by manufacturing 100% recycled PET plastic and polyester fiber, announced this week that it had signed a non-binding Memorandum of Understanding (MOU) with Reed, a European investment firm focused on high impact and technology-enabled infrastructure.
Read morePetcore Europe will welcome speakers from across the European Commission and PET value chain at its annual conference being held in Brussels from 7th to 8th of February 2024. Day One features a series of presentations and panel discussions where delegates will hear from brand owners, retailers, producers, converters, recyclers and
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Pharma and recycling expansion, new markets and products: Alpla, the developer and manufacturer of plastic packaging solutions, invested in further development and growth in 2023. The global packaging and recycling specialist closed the financial year with turnover of 4.7 billion euros. Lower material and energy costs paired with exchange rate factors
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Petainer announced their inaugural Environmental, Social, and Governance (ESG) report, covering 2022. The report details significant progress against key sustainability metrics, including reduction in: virgin resin usage, greenhouse gas emissions and energy usage from non-renewable sources. Hugh Ross, CEO of Petainer commented “Petainer enables businesses to grow without their CO2 footprint growing
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The Krones Group has chosen to cease its activities in the field of digital container decoration by the end of 2023. The decision to cease the activities of the group’s subsidiary Dekron GmbH is the result of a careful review of Krones’ business strategy and the current market situation. Dekron informed
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For their internal Christmas party, Sipa’s marketing team surprised their co-workers with a Christmas tree made entirely from PET bottles. The tree reached an impressive height of 3.05m and contained a total of 527 bottles. In a three-day process, the team attached hundreds of 0.75l PET bottles to a wooden frame
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STF Group of Germany and Zimmer America Recycling Solutions announce the sale of a complete STF PET Bottle Recycling Plant in Hilo, Hawaii. The equipment will be installed at Malama One Recycling LLC, Waiakea Water, a supplier of sustainably sourced and packaged premium volcanic water. The line has an initial capacity
Read moreAccording to preliminary figures released by the MECS – Ucima (Italian Packaging Machinery Manufacturers’ Association) Research Centre, the Italian packaging technology industry has passed the €9 billion mark for the first time, reaching total sales revenues of €9.05 billion in 2023, a 6% increase over 2022. If this is confirmed by the final
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Felix Hüthmair is taking over as Head of Sales at Netstal. As a new member of the Management Team, he is responsible for global sales in the application-specific business areas. Felix Hüthmair is returning to Netstal after 20 years in various management positions in Switzerland and Austria. The plastics technology engineer
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As a result of its periodic review of the DAX, MDAX, SDAX and TecDAX indices, Deutsche Börse AG announced on 5th December 2023 that Krones AG shares are to be promoted from the SDAX to the MDAX index with effect from 18th December 2023. Three months ago Krones AG had to leave the DAX
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The Supervisory Board of Borealis has appointed Craig Arnold as the new Executive Vice President (EVP) Polyolefins, Circular Economy Solutions and Innovation & Technology with effect from February 1, 2024. Craig Arnold (51) is currently the Chief Commercial Officer at Ferroglobe PLC in Madrid, Spain. Prior to this appointment, he had
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