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Arca Continental, Coca-Cola Mexico and other Coca-Cola bottlers and PetStar shareholders have inaugurated the expansion of PetStar’s food-grade PET recycling plant in Toluca, reported to be the largest facility of its kind in Mexico and worldwide. The project represents an investment of MXN 2.6 billion (approx. USD 142 million). At the
Read moreCARBIOS announces the signing of two new multi-year commercial agreements with major players in beverage industry, for the supply of recycled PET (rPET). They form part of the pre-commercialisation process for the company’s future industrial site and bring the current level of pre-sales to around 50% of the site’s maximum production
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Two sites of the CHT Group recently celebrated their company anniversary. The Chinese site CHT Dongguan has just celebrated its 30th anniversary, the Chinese site CHT Tianjin its 15th anniversary. As early as in the 1960s, Reinhold Beitlich, who founded the chemical company CHT in 1953 in Tübingen, Germany, realised the
Read moreThe European PET value chain encourages the adoption of the pr EN18120 series for design for recycling and recyclability assessment protocols for plastics packaging developed by CEN TC261/SC4/WG10 Design for Recycling (DfR) standards for plastic packaging, developed under the European Commission’s mandate, as published in a statement by PETCORE EUROPE. These
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GEA, a well-known in industrial heat pump technology, is an official partner of the European Union’s “Exquisheat” project (EU). The three-year EU-funded project aims to accelerate the decarbonisation of the European food and beverage industry by developing standardised heat pump solutions. Over a period of three years, eight other partners will
Read moreWisecap Group, a leading European producer of plastic caps and closures for the beverage industry, and Corvaglia Group, a globally recognized provider of innovative closure solutions for beverage packaging, have entered into a strategic industrial partnership. Under the agreement, Wisecap will integrate the caps manufacturing activities of Corvaglia Closures Eschlikon AG,
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The latest 2024 annual report published by Plastics Recyclers Europe reveals the largest capacity contraction ever recorded in the sector. Preliminary 2025 data indicate a 50% increase in recycling facility closures, resulting in the loss of nearly one million tonnes of European recycling capacity over just three years. “Now is the
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After a decade of concerted effort, leading companies have bent the curve on virgin plastics in packaging. The Ellen MacArthur Foundation’s new 2030 Plastics Agenda for Business provides the blueprint to build on this progress in eliminating plastic waste and pollution in the years ahead. Over the past ten years, more
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Reinhard Schneider won EY Entrepreneur of the Year and Audience Award “Shape the Future with Confidence” was the motto for the 29th EY Entrepreneur of the Year awards ceremony at which Werner & Mertz owner Reinhard Schneider was named winner in the Sustainability category. The owner-managed, visionary company was honored
Read moreCARBIOS and Wankai New Materials, a listed subsidiary of Zhink Group, have signed an agreement outlining the key principles of a collaboration to deploy CARBIOS’ PET enzymatic recycling technology in Asia. This step follows a Letter of Intent signed on June 24, 2024. Under the terms of this agreement, CARBIOS and
Read moreIt has long been evident for the IMD GROUP that it needs a strong foothold in North America in order to strengthen its global presence and remain a well-positioned partner worldwide in vision inspection, handling & automation and digital printing of closures and other plastic packaging. For MMC, conversely, it was
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