The worldwide PET magazine
In-Mould labels company Verstraete will, in the coming months, start preparing the construction work for the new production site in Clarksville, Tennessee (US), together with its parent company Constantia Flexibles. The new site is intended to allow Belgium-based Verstraete IML to get closer to its customers in the largest growth market
Read moreThe Swiss Säntis Ag is transferring its PET packaging business unit at the end of 2016 to Bonapack AG also located in Switzerland. Bonapack will also be managing the business in the PET blow moulding unit in cooperation with Biplast AG, particularly in the Development, Production and Service divisions. Bonapack will
Read moreReliance Industries Limited (RIL) is India’s largest private sector company, with a consolidated turnover of US$ 44.7 billion, cash profit of US$ 6.1 billion and net profit of US$ 4.2 billion for the year ended March 31, 2016. RIL is the first private sector company from India to feature in Fortune’s
Read more
Constantia Flexibles Clarksville Tennessee won “Best Overall Green Business” last Thursday evening at the Clarksville-Montgomery County Green Certification programs Annual Awards Banquet. Over 100 businesses are certified in the program which was rolled out in 2011. This honor is huge, as the site just recently completed the Green Certification process. The
Read moreHusky Injection Molding Systems announced the availability of the Ultra Helix 350 valve gate, expanding the existing product line of the award-winning valve gate technology released in 2015. This new series of nozzles is provides customers even more options for creating a wider range of applications, producing better quality parts with
Read moreAccording to New Zealand news media, Coca-Cola Amatil New Zealand has unveiled its new state-of-the-art Keri juice manufacturing plant in Auckland. The 10.000m2 facility has a capacity to produce 800.000 bottles/day (36.000bph), which doubles the capacity of previous plants. The plant houses technologies include Coca-Cola Amatil’s new Nitro hotfill processing method
Read moreClosing 2015 positively in terms of Turnover, profit and market share, and the continued improvement in the first 6 months of 2016, have enabled the management of Negri Bossi to accelerate its implementation of the “2020 vision” as laid out upon acquisition in 2014. The initial stage allowed for a series
Read moreDevTech PET, Inc., a manufacturer of custom preforms and containers, will lease a manufacturing facility in Hanover Township, Northampton County, PA, USA and create 32 new, high wage jobs, according to an information by the Pennsylvania Department of Community and Economic Development. DevTech will lease a 120,000ft2 facility and has committed
Read more
Indorama Ventures Public Company Limited (IVL), a global chemical producer, announced the completion of joint venture (JV) of IVL’s PET Company, Micro Polypet Private Limited (MicroPet), in India with Dhunseri Petrochem Ltd. (Dhunseri). Simultaneously, IVL has acquired a 50% stake in Dhunseri’s PET Company in India, Dhunseri Petglobal Ltd. By combining
Read moreEgeria, the Dutch based private equity firm has signed an agreement to acquire 100% of the shares of Clondalkin Flexible Packaging Group (“Clondalkin”) from an affiliate of Warburg Pincus. Completion of the transaction is expected to occur in Q4 2016. Clondalkin is a global flexible packaging manufacturer focused on delivering high
Read moreNazca Capital –a Spanish private equity firm focused in the mid-market segment– has reached an agreement with the family Baños (owners and founders of the company) for the acquisition of a stake around 75% in Caiba, a leading Spanish company specialised in the manufacture of PET preforms and containers for the
Read more