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Egyptian investment firm Raya Holding has completed the disposal of Bariq, its PET recycling specialist subsidiary, to Intro Group, a privately-owned Egyptian conglomerate comprised of a diverse group of companies in various fields including trading and commercial representation; oil and gas; and engineering. Bariq’s recent annual growth rate has been up
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Bekum America Corporation has completed construction of an expanded machine production facility to meet the consistently high demand for Bekum extrusion blow moulding machines. The new facility adds 40,000 square feet of manufacturing and 7,400 square feet of office space to Bekum’s existing 115,000 square foot facility. This expansion will allow
Read moreAptarGroup, a global leader in drug delivery, consumer product dispensing and active material science solutions, announced the ISCC Plus certification (International Sustainability and Carbon Certification) of ten of their European manufacturing sites, including all of the company’s manufacturing sites in Spain and Italy, with more certifications to come in 2022. The
Read moreCarbios, develope of enzymatic solutions dedicated to the end-of-life of plastic and textile polymers, announced the nomination of Emmanuel Ladent as Chief Executive Officer of the Company. He will also be Chairman of Carbios’ subsidiary, Carbiolice. His role will take effect on December 1, 2021. At the same time, the Board
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Husky Injection Molding Systems, a leading technology provider to the plastics processing community, has strengthened its commitment to protecting the return on its customers’ investments. Elevating its existing service contract offering, the company is now including its Advantage+Elite proactive, predictive, transparent monitoring solution as a standard feature on all PET and
Read moreThe National Association for PET Container Resources (Napcor) announced the release of its 2020 PET Recycling Report. Overall, the 26th annual report revealed a 10 per cent increase in end use consumption of recycled PET (rPET) in the U.S. and Canada. Accoring to the analysts, this increase signals strong support of
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The Alpla Group, a global packaging solutions manufacturer and recycling specialist headquartered in Hard, Austria, announced that it has selected the Kansas City region for its new 23,000m2 manufacturing plant. In a facility located at the Blue River Commerce Center in Kansas City, Missouri, the regional organisation Alpla Inc. will create
Read morePepsiCo, Inc. announced the establishment of the company’s first two Digital Hubs in North America and Europe, with plans to expand to more locations in the future. These Hubs, located in Dallas, USA, and Barcelona, Spain, are expected to create more than 500 new, high-caliber data and digital jobs over the
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After the Alpla Group achieved Silver in 2019 and Gold in 2020, EcoVadis has awarded the company its Platinum status for sustainability for the first time in 2021. Alpla – a global manufacturer of plastic packaging and recycling specialist – is therefore among the top 1 per cent of all 75,000
Read moreCoca-Cola HBC (CCH) announced a commitment to achieving net zero emissions across its entire value chain by 2040. Via an existing, approved science-based target, by 2030 the company will reduce its value chain emissions in scopes 1,2 and 3 by 25%, with a further 50% reduction in the following decade. To address the
Read moreThe Plastics Industry Association released its annual Global Trends report at the 27th Fakuma International trade fair for plastics processing. The report, which analyses trade data from all of 2020 and the first six months of 2021, paints a complex but promising portrait of the U.S. plastics industry in the international market. For those around the
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