DevTech: new manufacturing facility in Pennsylvania

DevTech 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

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Indorama Ventures announces completion of JV agreement with Dhunseri Petrochem

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

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Nazca acquires majority stake in Caiba

Nazca 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

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Avery Dennison: $65 million Luxembourg investment

Demand for pressure-sensitive materials continues to grow in Europe. To meet future demand, Avery Dennison is strengthening its European manufacturing footprint with a $65 million investment to expand its Rodange, Luxembourg production facility. The investment is one of Avery Dennison’s largest operational initiatives globally in recent years. The expansion incorporates a

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Amcor Rigid Plastics agrees to acquire assets of Sonoco’s Global Plastics blow moulding business

Amcor Rigid Plastics has entered into an agreement to acquire the assets of Sonoco’s Global Plastic blow moulding business in North America. Sonoco manufactures custom rigid plastic bottles, jars, overcaps and closures for the food, beverage, pharmaceutical, health and beauty and personal care markets in seven plants located in the U.S.

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Reduced size increased the attention

Terekas Sweden AB launched mini PET stretch blowing machine series FlexBlow. In combination with sales conveyor promotion method, Terekas Sweden AB has tripled their flexible PET blower sales this year compared to last year. The company has signed 17 contracts across the world, last year 6 flexible series machines has been

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Plastipak Packaging: Investment in Alabama

Plastipak Packaging Inc. said it will add two manufacturing lines to its Birmingham area facility,a $10.4 million expansion that will create at least five new jobs. The new lines will be added to its location at the Jefferson County Metropolitan Park in McCalla, Alabama, USA where it manufactures plastic bottles for

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Graham Packaging will close New Jersey plant

According to a WARN notice filed with the New Jersey Department of Labor and Workforce Development, Graham Packaging is going to close its plant in Belvidere, New Jersey, USA. The effective date is September 26, 2016. The closing of the plastic container manufacturers’ facility will affect 71 employees. Visit Graham Packaging

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