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The Sacmi Group reported revenues of €1.728 billion for the 2024 fiscal year, with net equity surpassing €1 billion for the first time, according to the financial results approved at the Parent Company Shareholders’ Meeting on May 16. The company cited strong fundamentals despite ongoing global economic and geopolitical challenges. Net
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In a landmark collaboration aimed at redefining sustainable packaging in India, Chemco Group, one of the country’s largest PET converters, and Kandoi Group of Industries, a leader in technical textiles, have announced a strategic joint venture to build two fully integrated greenfield manufacturing facilities in Vapi and Dahej, Gujarat. With a
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KHS has engineered one of the world’s lightest PET bottles for still beverages to date. Under the working title of Factor 101, in close cooperation with Canadian-based injection moulding technology equipment and services provider Husky Technologies, a container has been produced that uses just 5.89g of material to hold 591ml of
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Krones looks back on a successful first quarter 2025. Despite difficult macroeconomic conditions, Krones remained on a stable and profitable growth path. The company’s markets are less affected by economic fluctuations and Krones’ customers continue to show robust willingness to invest. Order intake stable at high level – revenue up 13.1%
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As part of the official visit of the Saudi Minister of Industry and Mineral Resources to France, the Kingdom of Saudi Arabia and the global leader in packaging solutions Sidel, signed a Memorandum of Understanding (MoU) in Paris to explore the establishment of operations in the Kingdom. The MoU was signed
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The globally operating Engel Group has closed the 2024/25 financial year with a turnover of approximately EUR 1.5 billion. Despite a continued decline in market conditions, the injection moulding machine manufacturer maintained its position in a challenging European market environment and recorded gains in market share, supported by innovation and regional
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MAAG Group is pleased to announce that it has entered into a definitive agreement to acquire SIKORA AG, a recognised leader in measuring and control technologies. This acquisition accelerates MAAG’s innovation capabilities in machine learning, industrial IoT, and AI-driven technologies. Headquartered in Bremen, Germany, SIKORA is well-known in the market in
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Nordson BKG GmbH, part of Nordson Corporation’s Polymer Processing Systems (PPS) division, specialist in melt delivery, and pelletising solutions, and FIMIC Srl., a well-known provider of innovative melt filtration technology, announced a deepened strategic partnership, building on FIMIC’s appointment as the exclusive agent for Nordson BKG products in Italy announced in
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DePoly, a leading sustainable PET-to-raw-material recycling company, announced the upcoming launch of a 500 t/a showcase plant in Monthey, Switzerland this summer, representing a critical step in the company’s journey from laboratory breakthrough to industrial-scale implementation. The facility will demonstrate DePoly’s proprietary process that converts PET and polyester waste into virgin-quality
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Arca Continental, one of the world’s largest Coca-Cola bottlers, has made an investment in the seed round of the Argentine startup Sensify through its Corporate Venture Capital fund, AC Ventures, as part of its commitment to accelerate the digital transformation of the commercial ecosystem and promote the entrepreneurial ecosystem. Sensify, a
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ICS Egypt is a well-known closure producer for carbonated soft drinks across Egypt and Africa. Wisecap Group is proud to announce the beginning of a new chapter as Integrated Cap Solutions Egypt (ICS Egypt). ICS Egypt is the result of a strategic partnership between CSS Group, the previous owner of CSI
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