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Indorama Ventures Public Company Limited (IVL), a global chemicals producer, announced it agreed to acquire Brazil-based Oxiteno S.A. Indústria e Comércio, a subsidiary of Ultrapar Participações S.A. The acquisition gives IVL a unique portfolio in high-value surfactants and significantly extends its existing Integrated Oxides and Derivatives (IOD) business. Oxiteno is a
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Berry Bramlage has won German Packaging Awards in the Sustainability category for significant design and technical enhancements to two packaging solutions. Two years after the Berry Global acquisition of RPC, the combined expertise of these two packaging leaders is paying off with continued sustainability innovation. The Lip Care stick and Magic
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Despite the extraordinary challenges the world faced during the 2020 financial year, packaging machine manufacturer Gerhard Schubert GmbH posted a positive business result that was significantly better than the Corona-related forecast adjustments at the beginning of the pandemic year suggested. The Schubert Group achieved an increase in turnover of 2.5 per
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Innoventures, Greiner’s innovation incubator, has the aim of seeing where the future is happening and with the taking of a strategic participation in the Viennese start-up temprify, has now brought off a stunning coup. Temprify has developed the idea of environment-friendly, transport coolers and has thus brought onto the market a
Read moreWorld demand for labels and shrink sleeve materials will be worth $41.59 billion in 2021, as the segment recovers from the unprecedented disruption of 2020. In a year blighted by Covid, world value fell by -0.6%. As a degree of economic stability returns Smithers forecasts this market is set to grow
Read moreAMI is delighted to announce the launch of a new event: the first ever edition of the Ocean Plastic virtual summit, taking place online on 25 – 26 January 2022. Valuable plastics escaping into the environment, our waterways and oceans is a challenge that an increasing number of organisations are tackling. Ocean and ocean bound
Read moreTurnover in the first half of 2021 fell by just 1.8% compared to the same period in the record year 2019. The growth with respect to the first half of 2020 was 21%. The sector held its ground in 2020 with turnover of almost 8 billion euros. The food and cosmetics
Read moreMadag AG was founded in 1965 for the manufacture of knitting, hot stamping and pad printing machines. Madag AG has been known under the name Madag Printing Systems AG since 2003 and has created a legacy as the leading global supplier of automatic hot stamping machines. Madag Printing Systems AG established
Read moreAvery Dennison’s Label and Packaging Materials (LPM) division in EMENA region is making two new key appointments effective June 1, 2021. Burak Sahbaz, who is currently leading marketing, has been appointed VP Sales. He succeeds Noel Kasmi, who is now VP Marketing. “These appointments reflect our determination to leverage learnings and
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New legislation in the European Union requires that by July 2024, all plastic closures must remain “tethered” (attached) to single-use beverage containers after the container is opened. This will bring a big change for the beverage packaging industry. One of PackSys Global’s core competences focuses on the slitting and folding of
Read more2021 progresses with a new ‘green’ achievement for Amut. The company cares of the planet, by preventing post-consume PET bottles from being sent to landfill or dispersed into the environment, enabling their reuse and recycling, through various solutions ranging from sorting and washing to extrusion and thermoforming. During the height of
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