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Platinum Equity announced the successful closing of their previously announced acquisition of Husky Injection Molding Systems (IMS) International Ltd. Based in Bolton, Ontario, Husky is a global supplier of highly engineered injection moulding equipment and services for the plastic injection moulding equipment industry, and a leading provider of PET systems, hot
Read moreSMI was named one of 11 National Winners from 189 businesses representing Italy for The European Business Awards, Europe’s largest business competition, sponsored by RSM. SMI was chosen by a panel of independent judges including senior business leaders, politicians and academics as the best in Italy in the category “Awards for
Read moreCorpus Christi Polymers LLC (“CC Polymers”) – a newly formed joint venture between Alpek, S.A.B. de C.V. (“Alpek”), Indorama Ventures Holdings LP (“Indorama”) a subsidiary of Indorama Ventures Public Company Limited, and Far Eastern Investment (Holding) Ltd. (“Far Eastern”) – has entered into an asset purchase agreement with M&G USA Corp.
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Commitment to sustainable packaging – Waste Free Oceans has announced a new partnership with Henkel to remove plastic waste from oceans and rivers – and transform it into over a million bottles used for the Lovables laundry brand. The collaboration is the largest that WFO has agreed so far and will
Read moreIndorama Ventures Public Company Limited (IVL), a global chemical producer, has announced that it has entered into an agreement to acquire M&G Polimeros Brazil S.A. in Ipojuca Brazil. The plant is the largest PET facility in Brazil, with capacity of 550,000t/a. This plant is strategically located and benefits from virtual integration
Read moreCompany continues to invest in services in the Americas, adding PET preform solutions Tech-Long Americas, one of the world’s largest suppliers of PET stretch blow moulding machines and beverage packaging lines announces its partnership with Unique Injection Molding Systems, Ltd. The addition of injection moulding to Tech-Long’s product line portfolio offers
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The Sidel Group has relocated its Iberian base to Barcelona to offer an even better service to its approximately 200 customers in Spain and Portugal. The Sidel Group has been working with key players in the food, beverage, home and personal care markets in this area for more than 25 years.
Read morePetcore Europe has created the new Plastic Aerosol Recycling Special Industry Group (SiG) in order to anticipate the need to recycle higher amounts of plastic aerosols. This industry task force is therefore looking for ways to increase the recycling volumes of PET products from the household packaging waste stream. In 2020,
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Sesotec, developer and manufacturer of contaminant detectors and sorting systems, reports a change in its corporate management team. Xaver Auer, who joined Sesotec in 2011 in the course of a change of ownership and as CEO is in charge of strategy, sales, and subsidiaries, will leave the company at his own
Read moreClariant, a world leader in specialty chemicals, acknowledges the investment by chemical industry peer and partner Sabic, which has acquired a 24.99% stake in Clariant. The acquisition of these stakes, which were previously held by White Tale and 40 North, makes Sabic the largest Clariant shareholder. As is customary in the
Read moreGEA completed the acquisition of Vipoll, headquartered in Križevci pri Ljutomeru, Slovenia, which was signed in November 2017. With the acquisition, GEA has added to its group a manufacturer of filling technologies for soft drinks, beer and fresh milk products into glass bottles and cans, as well as PET bottles. “This
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