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Sumitomo (SHI) Demag has presented record results for 2015, with sales at EUR 234 million, up 11% on the previous year, and a significant increase in strategic market shares. These growth figures are said to be the result of the strategic changes initiated in April 2015, i.e. the focus on core
Read moreBASF and Avantium announced that they have signed a letter of intent and entered into exclusive negotiations to establish a joint venture (JV) for the production and marketing of furandicarboxylic acid (FDCA), as well as marketing of polyethylenefuranoate (PEF), based on this new chemical building block. FDCA is produced from renewable
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Kiefel GmbH of Freilassing, Germany – part of the Brückner Group based in Siegsdorf, Germany – intends to acquire a 100% share in Mould & Matic Solutions GmbH, which currently belongs to the Austrian Haidlmair Group. Both parties signed a purchase agreement, which is still subject to the approval of the
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The Austrian Alpla Group and the Egyptian Taba Group have signed a partnership agreement in the form of a joint venture. Alpla will take on a majority shareholding in the company which will begin operating under the name of Alpla Taba. The contracting parties have agreed not to disclose the details
Read moreAs the result of a worldwide energy-saving programme, Sidel has supported Nestlé Waters in achieving reductions in its energy consumption at production sites in countries around the globe. Thus, the world’s leading producer of bottled water has achieved energy savings equivalent to the consumption of more than 20 ovens, representing savings
Read morePetainer Innopac Packaging, a joint venture between Petainer UK Holdings LTD and Innopac Containers Pvt Ltd, opened its new manufacturing facility close to the Mumbai region in India. The plant houses blow moulding equipment to manufacture the 20l bulk water cooler jar, petainerCooler, using preforms produced from Petainer’s manufacturing site in
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In March 2015, Krones unveiled to its clients in South America its new Training and Customer Center at the company’s LCS Center in Sao Paulo/Brazil. This year, this facility is celebrating one year in operation.”In the new premises, we are able to simulate process sequences, and hold training events plus product
Read moreNordson Corporation will supply sixteen of its process-patented BKG brand CrystallCut pelletising systems for a mega-scale PET resin plant scheduled for startup this year by Jiangyin Chengold Packaging Materials Co., Ltd. in Jiangsu Province, China. Nordson’s CrystallCut process is said to provide substantial energy savings in comparison with standard PET polymerisation
Read moreThe Coca-Cola Company announced that it plans to grant additional territories to Swire Coca-Cola, USA, including the cities of Seattle, Spokane, WA, Portland, OR, and a wide area of the Pacific Northwest. Swire Coca-Cola, USA, a subsidiary of Swire Pacific Limited’s Beverages Division, has signed a letter of intent with The
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The agreement entered by Athena Automation Ltd., Ontario, Canada, and Sipa S.p.A., Italy, in December 2012 has expired. Athena will support Sipa in shipping and servicing the remaining "Athena for Sipa" machine inventory. Athena’s next-generation PET preform moulding machines will be sold and serviced directly by Athena, alongside its non-PET machines.
Read moreAnellotech recently announced the next phase of its strategic partnership with Suntory Holdings Limited, one of the world’s leading consumer beverage companies. Suntory’s diverse beverage brands include e.g. Orangina, Schweppes, Ribena and Lucozade plus major alcohol brands like Yamazaki, Jim Beam and Courvoisier. The announcement marks the next step in manufacturing
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