The worldwide PET magazine
In July, Sidel opened their new office in the DLF Cyber City in Gurugram, India, just outside of New Delhi. The office space has been created to serve the many clients the company partners with in the region across the beverage, food, home and personal care industries. “India is an important
Read moreMorssinkhof-Rymoplast is building a PET processing plant in Markranstädt, in the Leipzig-region in Saxony, Germany. From recycled PET raw material PET granulate will be produced, which will be used for the production of new water bottles and the soft drink industry. This plant is a valuable addition to the existing recycling
Read moreThe difficult economic conditions and uncertainties such as the unresolved trade conflict between China and the USA increasingly affected Krones’ business in the first half of 2019. After strong growth in the first quarter (by 10.3%), revenue from April to June increased by 0.7% year-on-year. In total, the company’s revenue from
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Octal, a leading supplier of clear rigid packaging materials, has secured $625 million of banking facilities comprising of syndicated term loan facility of US$ 225 million and working capital facilities aggregating to US$ 400 million in one of the biggest private sector financing deals in Oman of the last decade. The new
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On July 18, Sidel announced the acquisition of Cognac Moules Emballages Plastiques (Comep), a French producer and designer of moulds for PET, adding further strength to the group in the manufacturing of moulds and tooling. Comep was created in 1998 to focus on the design and manufacturing of moulds for PET
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PET Engineering celebrates its first 20 years of activity even if its history began in 1986 when Moreno Barel, former owner and CEO, started acquiring the technical skills and know-how that have become the sturdy foundations of the company since 1999. PET Engineering is now a well-known specialist in packaging design of PET
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Twelve years ago, Neo Group purchased BKG underwater pelletisers and related components for three PET polymerisation lines but installed only two, storing the unused BKG equipment in their original shipping boxes. Now the company has a new, third PET line, making it the second-largest PET producer in Europe, and those 12-year-old
Read moreHillenbrand, Inc. and Milacron Holdings Corp. announced that they have entered into a definitive agreement under which Hillenbrand will acquire Milacron in a cash and stock transaction valued at approximately $2 billion, including net debt of approximately $686 million as of March 31, 2019. Under the terms of the agreement, which
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Pretium Packaging, a North American manufacturer of plastic containers and closures, has made a $2 million dollar investment in new reheat stretch polyethylene terephthalate (PET) blow moulding equipment and infrastructure for its Troy, Alabama manufacturing plant. The equipment is capable of producing both cold- and hot-fill PET containers to support the
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Alpla and PTT Global Chemical (GC) will collaborate on a feasibility study for the construction of a recycling plant in Thailand. The companies announced the plan at the “Circular Living Symposium 2019 – Upcycling Our Planet” in Bangkok at the end of June. Alpla develops and produces plastic packaging solutions worldwide
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Engel Austria has launched its new “Engel Technology Centre. Innovation at heart” at its headquarters in Schwertberg, Austria, featuring 1,700 m² of machine floor space . “We have created our own pilot plant for vertical integration in injection moulding and can thus support our customers even more comprehensively on their way
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