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Chemical producer Indorama Ventures announced it secured a new 7-year loan totaling $200 million from the International Finance Corporation (IFC) to help fund the continued growth of the company’s strategic sustainability programmes in India, Thailand and Indonesia, and promote a circular economy as a leading PET recycler. The loan from the
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UPM Raflatac has received a new certificate of validity from leading international assurance service provider, Dekra, for its RafCycle recycling service. Going forward, this certification validates the credibility of the CO2 impact assessments provided by RafCycle in Europe and the US. As a result, customers can communicate their environmental contributions in
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Coca-Cola Europacific Partners (CCEP) GB has completed the roll out of its attached cap plastic bottles with production now underway at its manufacturing site in Morpeth, Northumberland, making it the final site to make the switch. The attached cap mechanic is the same as that of a normal cap. The innovation
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Carbios and Chinese Zhink Group, one of China’s Top 500 Private Enterprises, specialising in two global industries, PET and textiles, announce the signing of a joint Letter of Intent to build a biorecycling plant in China using Carbios’ enzymatic depolymerisation technology to serve the global market. This agreement officialises collaboration towards
Read moreThe Tetra Laval Group Board has appointed Pietro Cassani as President & CEO of Sidel effective 15 July 2024. Pietro will be based in Parma, Italy. The appointment follows the decision by Monica Gimre to step down after more than five years as President & CEO of Sidel and 41 years
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After managing the Axens Group for 22 years, Jean Sentenac handed over to Quentin Debuisschert (photo) in June 2024. The handover took place after a transition period that allowed them to ensure seamless continuity in the strategy and development of Axens, a worldwide leading energy player headquartered in France and present
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Bericap is continuing its geographical expansion with new production facilities in Africa, South America and South East Asia. The closure specialist has opened new plants in Nairobi (Kenya) and Ho Chi Minh City (Vietnam) and acquired production facilities in Lima (Peru) and Durban (South Africa). The company now operates 30 production
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At Adelholzener Alpenquellen, seven out of eight production lines with Krones technology ensure the highest standards of hygiene. The returnable glass container line installed in 2020 will be supplemented in 2025 by a further line for filling non-returnable containers. This particular container and therefore line type was chosen for various reasons:
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The winners of the Plastics Recycling Awards Europe 2024 were announced yesterday at the Plastics Recycling Show Europe in Amsterdam. For the first time in the seven-year history of the awards, the judges have announced two Plastics Recycling Ambassadors as well as the four product and two innovation category winners. The
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PlastiVation Machinery GmbH announces the appointment of Thomas Strecker as its new Managing Director. This strategic leadership change comes amid a year of positive order growth, positioning the company to assume greater responsibilities as an independent entity within the Tederic Group. Notably, PlastiVation will now oversee the sales of the Tederic
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For Indian preform and plastic packaging manufacturer Magpet Polymer Pvt Ltd, Coperion and Herbold Meckesheim are collaborating technologies in construction of an entire plant for bottle-to-bottle recycling from a single source. In addition to mechanical processing of used PET bottles, the recycling system encompasses all process steps leading up to extrusion
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