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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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Bericap, a leading manufacturer of plastic and aluminium closures, has announced an agreement to acquire the 50% stake in Bericap North America (BCNA) held to date by Amcor Rigid Packaging. This means that family-owned global manufacturing company Bericap will acquire 100 per cent of the shares in BCNA. The joint venture,
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On October 23, the new factory of AS Iterum (formerly PET Baltija) was opened in Olaine – one of the largest in Northern Europe with a planned processing capacity of 80,000 t/a, or about 30% more than it was possible to provide at the company’s previous production facility in Jelgava. Iterum
Read moreToma has acquired 80% of the shares in C-Trace GmbH, a German leader in digital waste management solutions.C-trace was founded in 2005 and offers software and hardware solutions for the digitalisation and improvement of waste management processes. The strong focus on new AI-driven functions has attracted market interest and is opening
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In line with the announcement made at the inauguration of a semi-industrial demonstration unit at Kitakyushu in Japan in October 2023, Axens, Ifpen and Jeplan, partners in the project, announced the launch of the commercialisation (licensing) by Axens of the Rewind PET process. This step concludes the one-year test period within
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The German adhesive specialist CPH, which has been developing and producing high-performance adhesives for beverage and food packaging since 1975, will now operate under the name “CPH Adhesives GmbH,” marking a new chapter in its nearly 50-year history. This change coincides with a comprehensive rebranding. The new name and brand identity
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At a time when ecological issues have become a daily reality for manufacturers, Sidel is now helping its clients maximise their environmental performance thanks to Eco-Audit, a comprehensive approach to improve their PET container production processes. This service will soon apply to other equipment in Sidel’s portfolio. The service, which can
Read moreIoniqa Technologies has sought bankruptcy protection, having determined that achieving a positive cash flow from its advanced polyester recycling technology will take too long. In the last decade, the company has made significant progress towards selling technology licensing packages, demonstrating the viability of its advanced plastic recycling technology on an industrial
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Plastipak Packaging, Inc., a wholly-owned subsidiary of Plastipak Holdings, Inc., has announced that its founder President and CEO William C. Young will transition out of his role and welcome the next generation of leadership, Edward V. Morgan. Mr. Young has been the Chairman of the Board of Directors, and President and
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Bologna University and Sacmi have renewed the Framework Agreement that sees them cooperate in areas ranging from research, innovation, technological development and scientific consultancy to higher education and careers guidance. The five-year protocol was signed on October 1st, by Dean Giovanni Molari and the President of Sacmi , Paolo Mongardi. This
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As of October 1, 2024, Dr Christian Rink took over the position of global CFO of the CHT Group held by Prof. Dr Klaus Müller on an interim basis. In this role, he will be responsible for Finance & Controlling, Information Technology, Digitalisation, Compliance Management and Project Management. From now on,
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