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HPC Industries LLC and Macquarie Group’s Commodities and Global Markets group (Macquarie) have formed a joint venture to produce rPET. Under the name Circularix, the venture’s plans include building and operating five recycling facilities across the U.S. with a total annual production capacity of more than 275 million pounds of rPET resin.
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Ara Partners (“Ara”), a private equity firm that specialises in industrial decarbonisation investments, today announced that it has acquired Petainer Ltd. (“Petainer” or the “Company”), a UK-based, global producer of sustainability-focused beverage packaging solutions. Petainer was acquired by Ara in partnership with Petainer management and affiliates of Next Wave Partners LLP.
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Otto Hofstetter India is expanding its Indian office and production site. In response to the growing interest in high-quality moulds for food packaging in the Indian market, the daughter company of the Swiss mould manufacturer Otto Hofstetter AG is in the process of building a bigger and state-of-the-art production facility in Bangalore.
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PETplanet Insider talked with Exhibition Director Petra Westphal for her assessment of this special trade fair year and specifically of Drinktec 2022. Does the beverage and liquid food industry also have Olympic aspirations? Manufacturers of beverages and liquid food and machine manufacturers have long since recognised the potential. Digitalisation and digital
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The Alpla Group is accelerating the roll-out of new plastic packaging solutions with the opening of the product development space ‘STUDIOa’ at the company headquarters in Hard, Austria. Customers can visit this one-stop shop to help complete the development process in a matter of days, from the first design draft and
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The Committee of PET Manufacturers in Europe (CPME), has announced its rebrand: PET Europe – Producers’ Association. The non-profit trade association represents PET resin producers and was founded in 2010. The new name and logo will strengthen awareness of the institutional role of the association and its geographical horizon of activity.
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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
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