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The ChemChina – China National Chemical Corporation has agreed to acquire KraussMaffei Group, manufacturer of machinery and systems for producing and processing plastics and rubber, from Onex Corporation for a cash enterprise value of €925million. The transaction is subject to closing conditions including customary regulatory approvals. ChemChina together with Guoxin International
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The competition, which recognises and rewards international packaging design innovation is organised by the World Packaging Organisation (WPO) and is recognised as one of the important packaging awards competition, with WorldStars presented to packs that have already won acknowledgement in national or regional competitions. In selecting winners, representatives from 19 packaging
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Erema GmbH is all set to announce the founding of the subsidiary OOO Erema at Interplastica Moscow from January 28-30, 2016 which will see it investing in its presence in the Russian-speaking area. Kalojan Iliev, who can turn to many years of experience in the CIS area and has been responsible
Read moreOn its Ludwigshafen site, BASF is going to expand the capacities for the production of alpha blue pigments which will be available from fall 2016 onwards. The reddish copper phthalocyanine pigments which – in addition to other blue and green pigments that are based on the same chemistry – are sold
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With its UpCentre, Erema, has opened the doors to a whole new form of upcycling service which means that customers have Corema technology for the sampling of recycling compounds at their disposal. Robert Obermayr, Corema Product Manager, explains: "On the way from recyclates to made-to-measure recycling compounds you need a lot
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Alpla GmbH will take over the Egyptian production site of Argo S.A. at the end of 2015. In doing so, the Austrian-based specialist in plastic packaging will expand its market position in Africa. Alpla opened its first site on the African continent in 2014 in Johannesburg. Argo S.A., founded in 1970
Read moreIndorama Ventures Public Company Limited (IVL), Thailand, announced that it has signed an agreement to purchase the PET, PIA and PTA business of Compañía Española de Petróleos S.A.U. (Cepsa) in Guadarranque-San Roque, Cadiz, Spain, subject to necessary legal approvals. Following the acquisition of Cepsa’s 600,000 tonnes Canadian PTA assets in June
Read moreThe Austrian group of companies Alpla, producer of plastic packaging with 154 production plants in 40 countries and a turnover of ca. 3 billion Euros, will take over via its Italian subsidiary Alpla Italia s.r.l., located in Tortona (AL), 100% of the leading Italian PET preform producer Plasco S.p.A. Plasco was
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At this year’s Brau Beviale in Nuremberg, KHS GmbH was presented with the World Beverage Innovation Award from British publisher FoodBev Media for its lightweight 1-liter PET milk bottle. The specialist for filling and packaging systems was victorious with this bottle in the category "Best Environmental Sustainability Initiative". The new solution
Read moreConstantia Flexibles Group continues to strengthen its position in the Southeast Asia labels market by acquiring the Australian company Pemara Labels Group. The transaction is expected to close in the next few months. Melbourne-based Pemara was founded in 1966 and produces self-adhesive labels (pressure-sensitive labels), in-mould labels and Fix-a-Form leaflet-labels. It
Read moreAmcor Rigid Plastics USA, LLC has purchased the manufacturing assets and intellectual property of Eco-Groupe, Inc., a privately held preform manufacturing operation with four manufacturing sites in the United States. Amcor Rigid Plastics has also purchased a minority equity interest in EnKon, LLC, a woman-owned business enterprise affiliate of Eco-Groupe, Inc.
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