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Constantia Flexibles has successfully completed the sale of its Labels division to Multi-Color Corporation for an enterprise value of approximately €1.15 billion ($1.3 billion). All required regulatory authorities have cleared the transaction. Constantia Flexibles has received approximately €830 million in cash and will continue to participate in the future success story
Read moreSGT, which manufactures polyethylene terephthalate (PET) preforms, officially confirmed the construction of its new production site at the Saôneor business park to the north of Chalon-sur-Saône, during a signature ceremony attended by local elected representatives and dignitaries. Sébastien Martin, President of the Grand Chalon region, Jean-Jacques Boyer, Sub-Prefect of Chalon, Guillaume
Read moreNestlé Waters has announced that it will strengthen its collaboration with the Alliance for Water Stewardship (AWS) to certify 20 factories by 2020. Nestlé Waters has already certified four bottling facilities in Sheikhupura, Pakistan, and in California (Ontario, Sacramento and Livermore). It plans to certify additional sites in Africa, Asia, Canada,
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One year after moving into the premises in Regensburg’s TechBase and successful completion of its first projects, Krones AG’s Innovation Lab was officially inaugurated in October 2017. The TechBase is located directly next to the university and the East Bavarian University of Applied Science (OTH), and offers space for start-ups, research
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The new updated edition of Birkner’s Beverage World 2017/2018 provides professional company and trade information with regard to companies of the international beverage industry. The catalogue contains 20,000 company profiles from 197 countries with more than 5,400 breweries, 5,500 producers of mineral water, juices and soft drinks, 2,400 distilleries, 1,300 hop,
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United Caps, an international manufacturer of high performance plastic caps and closures, announced that the company is taking over the plastic closures division of Closures4you. The takeover offer includes 28mm caps for re-usable glass bottles and for disposable PET bottles. This latest acquisition is part of United Caps’ comprehensive growth strategy.
Read moreIn its 2015/2016 sustainability report, the system provider KHS GmbH documents its ongoing measures, achievements, and goals pertaining to strategy and social, ecological and economic issues. A main focus is on the topic “PET and sustainability – a contradiction or not?”. The complete report is available for online viewing. Visit KHS
Read moreThe Bühler Group owns again 100% of the shares of Polymetrix after buying back all shares held by Cross Equity Partners in July 2017. The buy-back of the Polymetrix shares is the first step on the path to the new strategic ownership of Polymetrix AG. In a second step, the majority
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Krones AG, Neutraubling, Germany, and Erema Engineering Recycling Maschinen und Anlagen GmbH, Ansfelden, Austria, have agreed to collaborate in the field of PET plastic recycling. The aim of this alliance is to incorporate the technical expertise of both companies into the planning and design of PET recycling lines and complete factories,
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Movacolor, developer and manufacturer of high quality dosing systems for the plastics industry, is going to build a new building in its current location Sneek, The Netherlands. It is expected that the international company will move to the fully energy-neutral building in the third quarter of 2018. The 100% sustainable building
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With the founding of the Powerfil business unit, Erema, the manufacturer of plastics recycling systems, extends its portfolio and now also offers the proven melt filter as individual components for existing extrusion plants. Technical modifications were made to the filter systems prior to the foundation of the business unit. Potential users
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