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On the occasion of the company’s twentieth anniversary, the conditions of the previous year, increasing plastic bashing and the continuing individualisation of brand packaging have clouded the balance sheet of Petcycle GmbH. The operator of the petcycle pool system for beverage packaging reports an 11.8 percent decline in sales for 2019.
Read moreHusky Injection Molding Systems announced the appointment of Tony Black to the position of President, Customer Success Management (CSM). Mr. Black joins Husky’s senior leadership team leading the company’s global CSM organisation. “Since forming our consolidated CSM organisation in 2017, our goal has been to provide the industry’s most exceptional service
Read moreNine river clean-up programs across the world have been selected to receive a total of $11 million over the next three years as part of a partnership between The Coca-Cola Foundation and the Benioff Ocean Initiative at the University of California Santa Barbara’s Marine Science Institute. The partnership combines The Coca-Cola
Read moreClearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) in partnership with management announced that it has acquired Pretium Packaging (“Pretium” or the “Company”) from Genstar Capital. Pretium is a leading full-service designer and manufacturer of rigid packaging solutions for specialized applications. Financial terms of the transaction were not disclosed. Headquartered
Read moreCrain Communications Inc. is launching a new brand to address the emerging recycling and sustainability focus of the global plastics industry. Sustainable Plastics will provide news and information that impact consumer and industrial brands, manufacturers, governments, the plastics industry and more. “There is no bigger issue today in the plastics industry
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The WorldStar Packaging Awards Competition is one of the major events of the World Packaging Organisation (WPO) and is the pre-eminent international award in packaging. WorldStar illustrates the continual advancement of the state of packaging design and technology and creates a living standard of international packaging excellence from which others may learn. One WorldStar
Read moreAlpla Group, an international plastic packaging and recycling specialist, joins a new consortium for chemical recycling of PET. The consortium intends to speed up the commercialisation of enhanced recycling technology, BP Infinia, which turns opaque and difficult-to-recycle PET plastic waste into recycled feedstocks. Leading companies operating across the polyester packaging value
Read moreThe Italian packaging machinery industry continues to grow, its total turnover exceeding the record figure of 8 billion euros registered in 2019. According to the preliminary figures published by the Research Department of Ucima (Italian packaging machinery manufacturers’ association), the sector has seen 1.8% growth this year. Specifically, the Italian market has
Read moreThe PETplanet Insider team would like to thank you for the good cooperation during this year and for your ongoing confidence. Best wishes and happiness to you and your families over the festive season. We look forward to a successful 2020 working together! Alexander Büchler and the PETplanet Insider team Our
Read moreThe Executive Board of Krones AG has decided on additional structural efficiency measures. Furthermore, the Management has specified the expected expenses for all measures intended to substantially enhance the profitability of Krones. Measures initiated to cut personnel costs as well as specific portfolio optimisation measures lead to provisions and impairments of
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As of January 1, 2020, Nicolai Küls will succeed Helmut Gries, who is retiring at his own request. “We would like to thank Helmut Gries for his successful work over the past 25 years and wish him all the best for the future,” says Dirk Engel, CEO of the gwk parent
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