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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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AMB Spa, headquartered in northern Italy, is a leading international suppliers of sustainable solutions for rigid and flexible films and an innovator in recyclability. Strengthening the company’s sustainability position through its tray-to-tray recycling brand AMB TrayRevive, AMB has signed a partnership agreement after a period of collaboration with B. For Pet,
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The Australasian Packaging Innovation & Designs Awards (Pidas), the pinnacle awards programme for the Australia and New Zealand region, was held in conjunction with Foodtech Queensland in July. Caps & Closures, for the very first time, emerged as the overall winner with the most awards among some of the top innovators
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Manjushree Technopack, India’s largest manufacturers of rigid plastic packaging backed by Advent International, has acquired Bangalore-based Hitesh Plastics. According to the agreement MTL will acquire the business operations and manufacturing facilities of Hitesh Plastics. Hitesh Plastics is the leading manufacturer of plastic caps and closures in India. MTL enters the highly
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Sidel has expanded its presence in Africa with the official opening of a new office in Nairobi, Kenya on July 28. The move is intended to increase its support for its customers in East Africa, a key market for Sidel and one of the continent’s fastest-growing regions. Sidel has been serving
Read moreHusky Technologies announced the launch of a second-generation control algorithm for its line of Altanium mould controllers. The Advanced Reasoning Technology (ART 2.0) software is claimed to deliver greater speed, accuracy, precision, and repeatability compared to today’s existing temperature control systems. ART 2.0 incorporates advanced auto-tuning and heat-up strategies which deliver higher
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After a pandemic-related decline last year, PET to PET Recycling Österreich GmbH in Müllendorf, Burgenland, has drawn a successful interim balance for 2022 with a new record value: 15,131 tonnes of PET beverage bottles were kept in the resource cycle – this corresponds to an increase of 5.3% compared to the
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Preform manufacturer SGT has developed, in partnership with colouring specialist Avient, a new single layer dairy preform with a very low mineral content (less than 4%). Intended for the dairy products market, this 38 mm neck preform incorporates a new additive technology called ColorMatrix Lactra Four One Zero which is claimed
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PepsiCo Beverages North America (PBNA) acquired nearly 152 acres of land at the Denver High Point development area where it will build a state-of-the-art, 1.2 million square foot manufacturing facility. Set to open in 2023, the new facility is PBNA’s latest project as part of its near 75-year investment in the
Read moreSwire Coca-Cola Limited, a wholly-owned subsidiary of Swire Pacific Limited, announced that it has reached a definitive agreement to acquire Coca-Cola subsidiaries with bottling businesses in Vietnam and Cambodia. The transactions will be Swire Coca-Cola’s first investments in South East Asia, giving Swire Coca-Cola a leading position in one of the
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