The worldwide PET magazine
Platinum Equity announced today that it has signed a definitive agreement to acquire Husky Injection Molding Systems from Berkshire Partners and OMERS Private Equity for $3.85 billion. The transaction is subject to regulatory approval and is expected to close in the second quarter of 2018. John Galt, who has served as
Read morePET packaging company Petainer has appointed three new distributors in Europe, expanding its footprint in the region. The new distributors are Ice Techic in Bulgaria, BrewTec Europe in France and Scangothia in Sweden. The distributors will be promoting and selling products from the petainerKeg range, including the Classic keg and Linestar,
Read moreAfter 13 very successful years as Board Member of MHT Mold & Hotrunner Technology AG, Christoph Kückels will leave the company on November 30, 2017, to tackle new challenges elsewhere. Starting December 1, 2017, Christian Wagner, currently serving on the Executive Board specialising in Technology and Distribution, will lead the corporate
Read moreIndorama Ventures Public Company Limited (IVL), a global chemical producer, will acquire the assets of Artlant PTA, S.A.’s (Artlant), including all equipment, surface rights and employment contracts. Artlant, a Purified Terephthalic Acid (PTA) plant in the Sines Industrial Complex in Portugal is a large PTA producer in Europe with a production
Read more
At this year’s edition of the “dynamic days” held October 23-24, 2017 in Weissenbach, Lower Austria, Starlinger inaugurated the new headquarters of its division recycling technology. The building is located in close proximity to the existing Starlinger factory. The Austrian company Starlinger & Co. GmbH is chiefly known as a market
Read moreHusky Injection Molding Systems, a leading industrial technology provider to the plastics processing community, has made significant investments to its PET Tooling business to increase customer value and better respond to market needs. With the creation of a dedicated tooling team, focused investment on technology and increased global delivery capabilities, Husky
Read moreBeijing Sanlian Hope Shin-Gosen Technical Service Co. has acquired 80% of the Polymetrix shares from the Bühler Group. The Bühler Group will remain a minority shareholder with 20% of the shares of Polymetrix. Closing is expected for the beginning of 2018. The Bühler Group held again 100% of Polymetrix after the
Read more
Maag, a worldwide-leading manufacturer of gear pumps, pelletising systems, filtration systems and pulverisers for use in the plastics, chemical, pharmaceutical and food industries, announced the opening of two new facilities in the Jiading District of Shanghai and in the city of Guangzhou that will serve the Chinese market. The new 4,000m2
Read moreOn 1 November 2017, Otto Hofstetter AG, the manufacturer of moulds for PET preforms and the packaging industry, opened a branch office in Luxembourg. With this new office, the family-owned company from Uznach, Switzerland, is expanding its international presence and increasing its proximity to its customers in the EU. Otto Hofstetter
Read more
Alpha Packaging Inc. announced that it has acquired a plant in Etten-Leur, the Netherlands, from Graham Packaging Company. The transaction – for which terms were not disclosed – was completed on November 2nd. Alpha, with headquater in St. Louis, Missouri USA, is a blow moulder of bottles and jars for the
Read more
Gebo Cermex, part of the Sidel Group, has recently signed a supply agreement with Kuka AG. The contract was finalised in Munich at Drinktec 2017. Putting pen to paper for the agreement, were signatories Mr. Marc Aury, President and Managing Director of Gebo Cermex and Mr. Joachim Melis, VP Division Consumer
Read more