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Hillenbrand, Inc. announced that it has entered into a definitive agreement to be acquired by an affiliate of Lone Star Funds in an all-cash transaction valued at $32.00 per share, equating to an enterprise value of approximately $3.8 billion. The purchase price represents a premium of approximately 37% over Hillenbrand’s unaffected
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– Winners of the First Plastics Recycling Awards Middle East & Africa Announced The outstanding success of the third edition of the Plastics Recycling Show Middle East & Africa in Dubai has firmly established it as the region’s premier event for all those engaged in the circular and sustainable use of
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Sidel has officially opened a new office in Phoenix, Ikeja (Lagos), to strengthen its presence across West Africa. The new office will serve as a regional hub for project management, engineering, after-sales services, and customer engagement, bringing Sidel closer to its customers in Nigeria, Ghana, Côte d’Ivoire, and neighbouring markets. “West
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Malaysia-based Hiroyuki Industries (M) Sdn Bhd has implemented Sikora’s optical inspection system, the PURITY CONCEPT V, for the inspection and analysis of rPET material. Integrated into the company’s quality control laboratory, the system is used to inspect rPET samples before shipment. It automatically detects visual defects such as black specks, discolourations,
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Circular Plastics Company (CPC) has chosen Italian technology from Sorema, a global leader in the manufacturing of plastic recycling plants, for its new line in Vietnam. The line, inaugurated on June 10, 2025, is designed for PET recycling and incorporates advanced technologies. Fully operational for several weeks, it delivers a production
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“The Power of Plastics! Green – Smart – Responsible” as a motto put into practice – sector boasts innovative power, responsibility and a sense of departure. K 2025, the most relevant trade fair for the plastics and rubber industry worldwide, drew to a successful close on 15 October 2025 after 8
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Indian preform and plastic packaging manufacturer Magpet Polymer Pvt Ltd has commissioned Herbold Meckesheim with another PET bottle washing line.Indroneel Goho, President & CEO of Magpet Polymers Pvt Ltd, visited Herbold at K 2025 to sign the contract. The new washing line is an extension of the bottle-to-bottle recycling plant that
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RecyClass officially released its Sorting Process Certification, introducing a pioneering framework that meets the input requirements for food-contact recycled plastics in line with Regulation (EU) Nº 2022/1616. Starting in early 2026, sorting centres and downstream waste traders involved in preparing waste for plastic recycling processes will have the opportunity to apply
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Injection moulding machine manufacturer ENGEL acquired its long-standing partner Trexel Inc., headquartered in Massachusetts, USA in early October. Trexel is globally recognised for the development and commercialisation of MuCell technology, a microcellular foaming process in injection moulding. With this acquisition, the company intends to gain the stability and long-term perspective needed
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On 6 October, South Africa’s plastics recycling sector received a major boost with the official opening of Extrupet’s second PET bottle-to-bottle recycling facility — and the first of its kind in the Western Cape. Located at the company’s Propet plant in Cape Town, the new facility began commercial production in March
Read moreCARBIOS has published its half-year 2025 results, reaffirming its objective to build a PET biorecycling plant in Longlaville, France, with an updated timeline. As of 30 June 2025, the company reported a solid cash position of €72 million, providing a financial horizon of more than twelve months. Progress on the Longlaville
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