Establishment of the worldwide Netstal organisation continues to progress

The establishment of the independent, global Netstal organisation continues to progress under the umbrella of the KraussMaffei Group. In the most important regions, Netstal will serve customers from the medical technology and the beverage and packaging industries with 12 of its own subsidiaries. By concentrating on strategic application fields, users will

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Gneuss MRS extrusion technology nominated for Plastics Recycling Awards Europe 2022

Gneuss, a family-owned company based in Bad Oeynhausen, Germany, has been shortlisted for the Plastics Recycling Awards 2022 in the category of Recycling Machinery Innovation with its unique MRSjump extrusion technology. The MRSjump is a new extruder which uses the operating principle of the Gneuss MRS technology however with a vastly

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Netstal establishes subsidiary in Italy and appoints Alberto Rossi as Managing Director

Alberto Rossi has taken over the position of Managing Director at the recently re-established subsidiary Netstal Italia S.r.l. Alberto Rossi thus indirectly succeeds Andrea Bottelli, who had successfully built up the former Netstal Italia S.r.l. since 1995 and then further developed the Italian market for both brands as Managing Director of

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Heraeus invests for a majority share in leading PET recycler Perpetual Technologies – company to be re-named Revalyu Resources for global expansion

Heraeus Holding GmbH, a global Fortune 500 company, announced it has invested substantial equity to take a majority stake in Perpetual Technologies, a leading PET recycling company. To drive global expansion under one brand, Heraeus decided to rename the company Revalyu Resources GmbH. Revalyu has developed a depolymerisation technology to recycle

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Coca-Cola Beverages Africa inaugurates US $100m factory in Ethiopia 

A new US$100 million Coca-Cola bottling plant at Sebeta in Ethiopia is set to unlock export opportunities, increase local production and ease foreign exchange constraints as it adds 500 employees to the workforce of Coca-Cola Beverages Africa (CCBA) in the country. The inauguration of the Sebeta Dima Coca-Cola factory was attended

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K 2022 – Trend Report: European plastics industry braces for increased instability, higher prices, and lower growth

The European plastics industry is tackling challenges on multiple fronts. In packaging, by far its biggest market, it has become a victim of its own success, particularly as the ideal material for single-use applications and people on the move. In building and construction, some infrastructure projects may go on hold as

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