Siegwerk, Tripack and Multi-Plastics combine forces to unveil an APR approved shrink sleeve on a clear PET water bottle at Label Expo Americas 2024

Siegwerk, Multi-Plastics, and Tripack have collaborated on a new fully recyclable shrink sleeve water bottle for the English Mountain Spring Water Company, which will be showcased at Label Expo Americas 2024 from September 10-12 in Chicago, IL. This project, approved by the Association of Plastic Recyclers (APR), reflects a collective focus

Read more

Indorama Ventures, Dhunseri and Varun Beverages Joint Venture plans multiple cutting-edge recycling facilities in India

Indorama Ventures Public Company Limited, through its direct subsidiary – IVL Dhunseri Petrochem Industries Limited – and Dhunseri Ventures Limited have formed a joint venture with Varun Beverages Limited, PepsiCo’s second-largest bottling company globally outside the US, to establish several greenfield state-of-the-art PET recycling facilities in India. The joint venture has

Read more

LYB to acquire APK AG Recycling Technology

LyondellBasell (LYB) announced it entered into an agreement to acquire full ownership of APK AG in Merseburg, Germany. Enabled by its technology, the acquisition positions LYB to grow and upgrade its circular and low carbon solutions business. Closing of the transaction is subject to customary closing conditions. LYB believes APK’s solvent-based

Read more

PLASTICS strongly opposes White House position change on plastic production caps

The Plastics Industry Association (PLASTICS) released the following statement on the White House’s decision to change its position and support limiting virgin plastics production as part of the UN Plastics Agreement currently being negotiated:  “The White House’s misguided reversal in support of plastic production caps is not only impractical but directly

Read more

Plastics machinery shipments decline in Q2 2024, growth prospects remain 

The Plastics Industry Association’s Committee on Equipment Statistics (CES) released Q2 2024 shipment data for primary plastics machinery in North America, covering injection moulding and extrusion. The shipment value is estimated at $224.8 million, marking a 15.4% decrease from the previous quarter and a 36.2% year-over-year (Y/Y) decline. In the primary

Read more

Krones reports very good first half-year 2024 – significant increase in revenue and profitability

Krones continued its profitable growth in the first six months of 2024 and remains very optimistic for the full year. The company’s markets are largely unaffected by economic fluctuations and customers continue to be very keen to invest. After a good first quarter, demand for Krones’ products and services continued to

Read more

Sumitomo (SHI) Demag Plastics Machinery confirms new leadership chapter

Christian Maget appointed as CEO and Anatol Sattel as CSO, effective 1 September 2024 – Sumitomo (SHI) Demag, Schwaig, has announced the next phase of the company’s succession plan following the retirement of incumbent CEO Gerd Liebig, who has led the Group for nine years. Effective 1 September 2024, Christian Maget

Read more
X