The worldwide PET magazine
Closing 2015 positively in terms of Turnover, profit and market share, and the continued improvement in the first 6 months of 2016, have enabled the management of Negri Bossi to accelerate its implementation of the “2020 vision” as laid out upon acquisition in 2014. The initial stage allowed for a series
Read moreDevTech PET, Inc., a manufacturer of custom preforms and containers, will lease a manufacturing facility in Hanover Township, Northampton County, PA, USA and create 32 new, high wage jobs, according to an information by the Pennsylvania Department of Community and Economic Development. DevTech will lease a 120,000ft2 facility and has committed
Read morePlastics Caps & Closures conference 2016 will be held from November 9-10 in Barcelona, Spain. This year’s conference will look at the latest innovations in caps, dispensers, dosing closures as the market demands more and more functionality. But it will also explore how innovation in manufacturing and materials can deliver the
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The management board of the Albis Plastic Group has announced that Carsten W. Wörner, Chief Sales Officer will, by mutual agreement, leave the company on 30 September 2016. Wörner took on the position of CSO on April 1, 2012 and since then has lead worldwide sales and the technical applications department.
Read moreThe non-profit environmental association Ecoce is promoting the collection and recycling of post-consumer PET and other materials in Mexico. The association has now published new figures on recycling in Mexico: according to their own figures, Mexico has recorded the highest collection quota in America for PET for the past four years.
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Indorama Ventures Public Company Limited (IVL), a global chemical producer, announced the completion of joint venture (JV) of IVL’s PET Company, Micro Polypet Private Limited (MicroPet), in India with Dhunseri Petrochem Ltd. (Dhunseri). Simultaneously, IVL has acquired a 50% stake in Dhunseri’s PET Company in India, Dhunseri Petglobal Ltd. By combining
Read moreEgeria, the Dutch based private equity firm has signed an agreement to acquire 100% of the shares of Clondalkin Flexible Packaging Group (“Clondalkin”) from an affiliate of Warburg Pincus. Completion of the transaction is expected to occur in Q4 2016. Clondalkin is a global flexible packaging manufacturer focused on delivering high
Read moreNazca Capital –a Spanish private equity firm focused in the mid-market segment– has reached an agreement with the family Baños (owners and founders of the company) for the acquisition of a stake around 75% in Caiba, a leading Spanish company specialised in the manufacture of PET preforms and containers for the
Read moreDemand for pressure-sensitive materials continues to grow in Europe. To meet future demand, Avery Dennison is strengthening its European manufacturing footprint with a $65 million investment to expand its Rodange, Luxembourg production facility. The investment is one of Avery Dennison’s largest operational initiatives globally in recent years. The expansion incorporates a
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Coca-Cola created a new packaging design for their Diet Coke bottles in Canada. The vibrant patterns are available for a limited time for 500ml PET as well as 355ml and 237m. glass bottles of Diet Coke. The “One of a Kind” campaigns offers millions of designs to choose from as no
Read moreIn the packaging sector, film manufacturers are demanding lines which are becoming ever wider, ever faster and ever more efficient, with high production capacity and low energy consumption. On the other hand the trend in this sector is also increasingly towards special films with added value. Here, Brückner Maschinenbau will be
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