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The Mexican conglomerate Alfa SAB de CV, whose portfolio includes the subsidiaries Alpek, Sigma, Axtel and Newpek, published the results of Alpek’s performance during the fourth quarter of 2021 on 16 February. In the report, Alfa looks back on an overall successful year to which Alpek (plastic materials, chemicals production with
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Indorama Ventures Public Company Limited (IVL), the world’s largest producer of recycled PET for beverage bottles, completed a deal for an 85% equity stake in Czech Republic-based PET plastic recycler, UCY Polymers CZ s.r.o. (UCY), boosting the country and Europe’s plastic collection and recycling ambitions. As a result of the investment,
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Bericap, manufacturerr of plastic and aluminium closures, has received the TOP 100 award as one of the innovative small and medium-sized enterprises in Germany in 2022. The TOP 100 seal of approval underlines the company’s pioneering role in the closure technology segment. An award in the category of ‘Chemicals/Plastic’ went to
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BariQ for Techno and Advanced Industries celebrates the signing for constructing a new PET bottle-to-bottle recycling plant that will feature the latest plastic sorting systems from Tomra Recycling in Giza Governorate, Egypt. The Egypt-based company is the leading rPET producer in the MENA region. In its quest to meet the increasing
Read moreEvergreen, a plastics recycling and manufacturing company owned by The Sterling Group, is heading into 2022 as one of North America’s three largest producers of food grade rPET thanks to millions invested in strategic acquisitions and upgrades. From a single location in January 2021, Evergreen has grown to four locations across
Read moreWith an eye to curbing plastic waste, The Coca-Cola Co. announced the goal to increase the share of its beverages delivered in returnable/refillable containers. The company committed to selling 25% of beverages in refillables by 2030, up from a current 16%. The pledge was in response to a pending shareholder proposal
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The Alpla Group, the global packaging solutions and recycling specialist, increased its turnover in the 2021 financial year by 8.4 per cent to four billion euros. The number of employees worldwide increased to 22,100. In addition to investments in recycling and in the development of bio-based and biodegradable plastics, the company
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Asahi Beverages has unveiled a new sustainability agenda, with the intention to create a more sustainable future for Australia and New Zealand. The agenda introduces new targets while incorporating previously announced ones. The agenda covers climate change, sustainable packaging and the circular economy, supporting local farmers and much more. The full
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Engel Group board reshuffle on 1st February 2022. Dr. Gerhard Dimmler, previously Vice President Research and Development, is being appointed to the board as CTO. He is taking over the Development division from CEO Dr Stefan Engleder and will also be responsible for digitalisation on top of this. “Gerhard Dimmler has
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Plastipak, a global leader in the design, manufacture and recycling of plastic containers has completed a major investment to expand its PET recycling capacity at its manufacturing site in Bascharage, Luxembourg. The original PET recycling facility in Luxembourg opened in 2008 and this new expansion increases annual production capacity by 136%.
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The Plastics Industry Association (Plastics) has promoted Patrick Krieger, Senior Director for Materials & Sustainability, to the newly created role of Vice President for Sustainability. “As an industry, we intend to be all-in on sustainability, helping to lead the way toward a truly circular economy. Patrick will play an essential role
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