Indorama Ventures acquires 74% in Medco Plast

Indorama Ventures Public Company Limited (IVL) has completed the acquisition of 74% of the share capital of Medco Plast for Packing and Packaging Systems S.A.E. (Medco Plast) from Middle East Glass Manufacturing Co. S.A.E. (MEG) and the Samaha family. Following the acquisition, MEG will retain a 16% shareholding in Medco Plast,

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And & Or new facilities opening

On November 16, And & Or officially opened its new 2,000 sq.m. plant in the Parque Empresarial Guadalquivir, Seville, Spain. This expansion intends to meet And & Or’s machinery and solutions growing demand for all the markets where the company actually operates. The specialisation and subdivision of the production phase depending

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Nestlé Waters North America signs agreement with recycled PET supplier CarbonLite

Nestlé Waters North America announced that it has signed a significant agreement with recycled PET plastic (rPET) supplier CarbonLite, and that CarbonLite will expand its U.S. operations by building a third facility in the Lehigh Valley area of Pennsylvania. The new contract builds upon Nestlé Waters’ existing relationship with CarbonLite, one

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Athena changes name to Niigon Machines Ltd.

Athena Automation Ltd., a company manufacturing injection moulding machines near Toronto, Ontario, announced that it is changing its name to Niigon Machines Ltd. “This allows us to emphasise our business objective of becoming a global leader in customised injection moulding machines” said Robert Schad, Chairman. “Niigon is an Ojibwa word that

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PTI, Big 3 enter into business alliance to help brand owners achieve PET bottle quality, speed-to-market goals

PTI has entered into a business alliance with Big 3 Precision Products, Inc., Centralia, Illinois, to help brand owners achieve quality and speed-to-market goals for products sold in polyethylene terephthalate (PET) bottles. For the past three decades, PTI has been the confidential development engine behind many well-known PET bottle commercialisations. Big

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Bottled water overtake all other soft drinks worldwide-Zenith Global launches new Globaldrinks Database

“Bottled water consumption is set to overtake all other soft drinks worldwide this year,” according to Richard Hall, Chairman of Zenith Global, the global food and drink experts, speaking at the 15?th Global Bottled Water Congress in Evian. “This is all the more remarkable because other soft drinks include carbonates, juices,

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