The worldwide PET magazine
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
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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
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Keykeg and Dufor, the supplier of high-quality polyester for Keykeg and Unikeg PET kegs, have successfully created a circular production loop. Bert Hanssen, Sustainability and R&D Advisor at Keykeg, explains that their collaboration focuses on circular plastic packaging for beer and wine: “About five years ago, we started looking for partners
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The KHS Group is expanding its virtual 3D line design software. Various new features have been launched to allow customers to gain a holistic impression of their potential system as early as during the offer phase. After introducing 3D line design to the offer phase two years ago, the Dortmund systems
Read moreKrones 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
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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
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ProMach, well-known for its processing and packaging machinery, announced that it has acquired MBF, a producer of bottle-filling and closing machines for distilled spirits around the world. The addition of MBF further expands ProMach’s bottle-filling and closing capabilities and represents the company’s second acquisition in the Italian market this year. Founded
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CCL Label, a world leader in labels and packaging, announces the inauguration of a new production facility for shrink sleeve labels in Tibi, Spain near Alicante. “We are very excited to offer shrink sleeves produced in Spain for local brands and multinational brands operating in Spain. Investing into local production follows
Read moreThe independent investment subsidiary of Investindustrial VIII acquires Piovan Group, a global manufacturer of auxiliary machineries and solutions for processing automation. Investindustrial VIII has entered into a sale and purchase agreement that will trigger a mandatory tender offer to ultimately delist the company. After the mandatory tender offer, Investindustrial will own
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For the last six months, the GreenDot Group and Shell Chemicals Europe B.V., a subsidiary of Shell, have been exploring ways to collaborate to try to deliver additional business outcomes across circular chemicals and polymers for Europe. These discussions have now resulted in GreenDot supplying pyrolysis oil to Shell Chemicals Europe
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Chemical company Indorama Ventures collaborated with the Bangkok Metropolitan Administration (BMA) and the Department of Education under the BMA to host the ‘PET Youth Camp for Sustainable Plastic Management’ program. The camp brought together 60 teachers and students from 20 BMA schools to engage in activities that foster young leadership in
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