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The Gebo Cermex and Sidel business units are officially operating as one single team called Sidel, as of January 01, 2019. The company states that by joining forces the team has increased the quality of these assets for Sidel and for Sidel’s customers. Sidel, part of Tetra Laval group, is offering
Read moreAs of January 14, 2019, Ms. Marta de la Torre has been named Regional Director of Sales and Service for Latin America. A 20 year veteran of the Agr organisation, Ms. de la Torre has vast experience in these regions with her former role as Sales Regional Manager. She has successfully
Read moreChem-Trend, a world market leader in the development, manufacturing, and marketing of release agents, purging compounds, and other process chemical specialties, announced the opening of an advanced research and development (R&D) laboratory space in Maisach, Germany, about 25 kilometers (15 miles) west of Munich. The new lab space will enhance Chem-Trend’s
Read moreApollo Global Management is to buy packaging products maker RPC Group for 3.3 billion pounds (US $4.28 billion) in cash after months of negotiations, marking the latest M&A deal for an industry in the midst of a consolidation phase, according to news agency Reuters. The acquisition is stated to highlight how
Read moreMoldex3D Northern America Inc., a subsidiary of CoreTech System Co., Ltd. (Moldex3D), a leading provider of engineering simulation solutions for the plastics industry, today announced that Empire Precision Plastics, an expert in precision and polymer optics injection moulding, has invested in the Moldex3D mould filling analysis software to expedite product design
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Philipp Lehner is the new Chief Financial Officer (CFO) of the international packaging specialist ALPLA as of 1 January 2019. He takes over the role from Georg Früh, who will now focus on Family Office responsibilities. Philipp Lehner has been active in the family company since June 2014 and has worked
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On December 2018 a cooperation agreement has been signed between Mr. Jordi Sala i Lladó, CEO of Bianna Recycling and Mr. Mauro Drappo, CEO of Amut Group. It is a long term business partnership, worthwhile for both, established to blend values and performances of two well consolidated companies: Bianna Recycling intends
Read moreDAK Americas LLC(DAK), an Alpek Polyester business, announces that it has signed an Asset Purchase Agreement with Perpetual Recycling Solutions, LLC (Perpetual) to acquire the Perpetual PET recycling facility in Richmond, IN, USA. The Perpetual PET recycling operations have an approximate annual capacity of 100 million lbs/a (~45,000 t/a) of high
Read moreIndorama Ventures Public Company Limited (IVL), a global chemical producer, announced that it has entered into an agreement to acquire Invista Resins & Fibers GmbH, which owns a PET manufacturing facility located in Gersthofen, Germany. The Gersthofen site has a combined capacity of 282,000t/a, and employs approximately 140 employees. The transaction
Read moreThe Coca-Cola Company announced a new agreement extending a loan to Ioniqa Technologies, the Netherlands, to facilitate the development of Ioniqa’s proprietary technology to produce high-grade, recycled PET content from hard-to-recycle PET waste. The agreement is designed to accelerate the development and deployment of high-grade recycled content PET for use in
Read moreIn keeping with its development plan announced in 2017, the SGT group announced the investment in its 6th production factory. The new factory of the manufacturer of PET preforms will be built in Eastern France, a location with both strategic and economic potential to assist customers and the market with their
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