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Gurit reports that its newly formed company Gurit Italy PET Recycling S.r.l. has signed an agreement to acquire the PET recycling production facilities from Valplastic S.r.l. in Italy for an undisclosed purchase price. Closing of the transaction is expected at the end of May 2019 and is subject to customary closing conditions
Read moreBericap, a supplier of high value added plastic caps and closures for food, beverage, pharmaceutical, and industrial markets, and Thin Film Electronics ASA, the global leader in near field communications (NFC) solutions, have signed a Letter of Intent for an exclusive joint partnership to develop fully integrated digital authentication solutions for
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Since 1 June 2018 Sesotec GmbH has a new partner in South Africa with Nampak Inspection & Coding Systems. The partnership relates to the “Inspection Division” and primarily concentrates on the food sector, but it is also planned to utilise the existing potential in the plastics industry and to conquer regional
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Pretium Packaging, a leading North American manufacturer of plastic containers and closures, announced that it has joined forces with Olcott Plastics, Inc. of St. Charles, Illinois, through an acquisition. Olcott is claimed to bolster Pretium’s injection moulding and personal care/beauty offerings while Pretium allows Olcott to offer blow moulded containers and
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At its Auspack conference on March 27, 2019, the Australian Packaging and Processing Machinery Association (APPMA) selected the best packaging innovations and products of the year. GEA Vipoll received the Award of Excellence for its All In One monoblock filler in two categories: GEA’s Australian partner Foodmach had submitted the filler
Read moreLogoplaste announced the appointment of Gerardo Chiaia as the Group’s new CEO. Roberto Villaquiran, Logoplaste’s current CEO will be leaving his position for family reasons, and to pursue other activities. The company states that over the past two years, Roberto has been instrumental in implementing a new management structure, focusing the
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From April 1st, 2019, Michael Tregner took on responsibility for Motan gmbh as Managing Director and for global Motan production units as COO (Chief Operating Officer). He takes over for Ulrich Eberhardt, who is going into well-deserved retirement after 40 years of service for the motan group. Michael Tregner (52 years
Read moreAtlas Copco has acquired S.A.S. Air Diffusion. The company is a distributor of compressors for Atlas Copco. Air Diffusion is located in St. Etienne in the southern part of France. The company has around 15 employees. Air Diffusion has a diverse group of small to medium-sized customers in workshops and in
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The Erema Group celebrates the most successful business year in the company’s history. Consolidated total turnover of more than EUR 180 million in 2018/19 represents an increase of 16 percent compared to the previous year. A total of 6,000 Erema plastics recycling machines are currently in operation in 108 countries around
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Two specialists in packaging solutions, Alpla in Austria and Fromm in Switzerland, are founding a joint venture to form a new basis for their collaboration in PET recycling. PET Recycling Team Wolfen will be dedicated to recycling the PET waste from the Gelber Sack (‘yellow bag’ – German bin for household
Read moreNestlé announced the inauguration of a new Research & Development center (R&D) in Beijing and a System Technology hub in Shenzhen. The new R&D center is intended to enable Nestlé to accelerate trend-based innovation in China to meet fast-changing consumer demand. The systems hub will strengthen collaboration with Chinese partners and
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