Investindustrial VIII acquires Piovan Group

The independent investment subsidiary of Investindustrial VIII acquires Piovan Group, a global manufacturer of auxiliary machineries and solutions for processing automation. Investindustrial VIII has entered into a sale and purchase agreement that will trigger a mandatory tender offer to ultimately delist the company. After the mandatory tender offer, Investindustrial will own

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Mass market shift in India’s energy drink sector with affordable PET bottles

PepsiCo and Coca-Cola are transforming India’s energy drink sector by introducing affordable PET bottles, democratizing the market and enhancing accessibility, especially in rural areas, a study by Euromonitor finds. Historically, energy drinks have long been regarded as a premium offering in India, with Red Bull reigning supreme. Since its debut in

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Recycled content is key to enable contact sensitive packaging

For the last six months, the GreenDot Group and Shell Chemicals Europe B.V., a subsidiary of Shell, have been exploring ways to collaborate to try to deliver additional business outcomes across circular chemicals and polymers for Europe. These discussions have now resulted in GreenDot supplying pyrolysis oil to Shell Chemicals Europe

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Sidel delivers C’estbon Beverage’s expansion into large water bottle formats

China Resources C’estbon Beverage Co. Ltd (C’estbon Beverage), China’s top two bottled water brand, has chosen Sidel’s complete line packaging solution to help deliver its expansion in big format water production. Featuring Sidel’s newest EvoBlow XL blower in a Combi configuration, the new lines can produce 12,000 4.5l or 6l bottles

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The first PEF World Congress

PEF (polyethylene furanoate) is a novel polyester, produced from 100 % plant-based raw materials. It is recyclable and is regarded as the packaging material of the future, particularly in the food and beverage sector but also for textiles and more. That is why the trade magazine Renewable Carbon Plastics (previously knowns

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Indorama Ventures launches ‘PET Youth Camp for Sustainable Plastic Management’

Chemical company Indorama Ventures collaborated with the Bangkok Metropolitan Administration (BMA) and the Department of Education under the BMA to host the ‘PET Youth Camp for Sustainable Plastic Management’ program. The camp brought together 60 teachers and students from 20 BMA schools to engage in activities that foster young leadership in

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Sidel launches Qual-IS: the intelligent aseptic quality supervisor

Qual-IS is the new solution by Sidel to merge all activities related to quality control – laboratory, traceability, and sampling – in a digitally, intelligent and integrated way. This approach to quality management, focusing on driving quality rather than simply monitoring it. Over 80% of grocery companies define a financial risk

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