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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, 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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The Austrian injection moulding machine manufacturer, headquartered in Schwertberg, has invested more than 14 million euros in the new technology centre at the large machine plant in St. Valentin. With a total floor space of 3,400 square metres, Engel has more than doubled the technology centre capacity at the location. The
Read moreThe Recycling Partnership, a US force for improving recycling, announced the launch of its PET Recycling Coalition, an initiative informed by industry knowledge and expertise to improve PET circularity. Its work will focus on addressing four key opportunities to increase recycling of this valuable material: Increasing the capture of PET bottles
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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
Read moreHeraeus 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
Read moreWerner & Mertz and Remondis have joined forces under the umbrella of the “Recyclat-Initiative” to demonstrate how plastic cycles can be fully closed using practical application examples. The common goal is to establish sustainable material cycles and to use the recyclable material from the source “yellow bag” in Germany for this
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United Caps, an international manufacturer of caps and closures, announces the appointment of Vincent Chauvier as Chief Financial Officer, a promotion from his previous role as Finance Director. Chauvier has an extensive track record in the financial field across a variety of companies and industries. He started his career with accounting
Read moreA 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
Read moreThe 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
Read moreAlpek, S.A.B. de C.V. announced that it has received all necessary approvals from the regulatory authorities and has finalised its acquisition of Octal Holding SAOC. Pursuant to the purchase agreement, Alpek acquired 100% of the shares of Octal for U.S. $620 million on a debt-free basis. Financing was secured through a
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