The worldwide PET magazine
Adding to a very robust 2025 year-to-date performance, GreenDot has signed a binding agreement with Agilyx to become a new shareholder and contribute, alongside current shareholders, to a new round of capital increase to accelerate GreenDot’s growth. Both companies have played significant roles in the development of the emerging advanced recycling feedstock market in
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The KHS production site in Hamburg, Germany, is celebrating its 50th anniversary. The turnkey supplier looks back on half a century as a PET technology pioneer and wants to set standards in the future, too. “Our factory in Hamburg is one of the pillars and drivers of the success and growth
Read moreAt the end of May 2025, the European Food Safety Authority (EFSA) issued a so-called positive Scientific Opinion to Kreyenborg, a plant manufacturer specialising in process technology for bulk materials in the plastics and food sectors, for its infrared technology “IR-Clean.” This technology enables the decontamination of recycled PET flakes, which
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StackTeck Systems Ltd. announced that Michael Gould has been named StackTeck’s new President and CEO effective June 1, 2025. Gould is taking over the position that Vince Travaglini held for the last seven years, prior to his retirement. Michael Gould has been with StackTeck for eight years and has held the
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ENEOS Corporation and Mitsubishi Chemical Corporation (“MCC”) have announced the completion of their chemical recycling facility for the launch of a plastic-to-oil conversion business. The facility, under construction since July 2021 at MCC’s Ibaraki Plant in Kamisu City, Japan, was officially completed, with a ceremony held on Wednesday, July 2, 2025.
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This year, Swiss mould-making specialist Otto Hofstetter AG celebrates its 70th anniversary – a milestone that reflects decades of innovation, precision engineering and international success. Founded by Otto Hofstetter Sr. in 1955 as a small workshop in Uznach, the company has steadily evolved into a leading global manufacturer of high-performance injection
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The Alpla Group is strengthening ALPLAinject, its injection-moulding division, with the acquisition of KM Packaging. With this acquisition, the international plastic packaging specialist will now also manufacture high-quality closures for tubes, bottles and jars, including in clean rooms if desired. Alpla is taking on the company’s management and personnel; the transaction
Read moreLoop Industries, Inc., a technology company focused on polyester recycling, announced it has executed a $1.5 million engineering services agreement with Ester Loop Infinite Technologies Private Ltd., its India JV with Ester Industries Ltd.. The agreement will provide engineering support for the construction of the Infinite Loop India facility, which is
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Ahead of the UN Ocean Conference in Nice which was held from June 9-13 June 2025, a new global analysis by Reloop revealed that jurisdictions that implement or expand deposit return systems (DRS) see beverage container litter fall by more than half, on average, and by as much as 89% in
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Danone Canada announced a strategic investment of $9 million in its Boucherville plant to launch production of new individual yogurt cups made from PET. The company is also aiming to integrate rPET, with an ambition of 30% of the content. This initiative, supported by Danone’s Oikos brand – the country’s leading high-protein
Read moreArizaga Bastarrica y Compañia S.A. (“ABC Compressors”), a Spanish compressor manufacturer, will become part of Atlas Copco Group. ABC Compressors was founded in 1943 and is located in Eibar, Spain. The company also has an assembly unit in Suzhou, China and sales offices in India, USA and Mexico. In total 319
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