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PET Baltija, one of the largest PET recyclers in Northern Europe, announced an agreement to acquire a leading Czech fibre producer Tesil Fibres s.r.o, a spin-off of Silon s.r.o. Once closed, this transaction will become one of the largest investments by a Latvian company in the Czech Republic to date. This
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Tesa, international manufacturer of adhesive tapes and self-adhesive system solutions, is launching a new packaging adhesive tape. The new Tesa 60412 Recycled PET packaging tape has a waterborne acrylic adhesive system, and 70 per cent of the PET that makes up the backing comes from Post-Consumer Recycling (PCR). Tesa states that
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The acquisition of the engineering company Herbold Meckesheim, has formally been completed. Herbold Meckesheim will be integrated with Coperion’s recycling product lines into its new Recycling Business Unit that plans to offer complete solutions for plastics recycling processing. Coperion intends to combine its strengths as an international industrial and technological leader
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The non-profit organisation Ocean Cleanup has published new research in the journal Scientific Reports showing that the Great Pacific Garbage Patch (GPGP) is largely composed of fishing-related plastic waste, with 75% to 86% of all plastic waste in the GPGP identified as coming from offshore fishing activity. Analysis of over 6,000
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“Greiner has set itself ambitious targets as far as sustainability is concerned. With the first recycling plant in the company’s history, we intend to increase the amount of recycled material used to manufacture our products. That represents an important step on the journey toward a sustainable circular economy at Greiner,” says
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Kilian Braunsdorf has been appointed Chief Executive Officer (CEO) of Paccor, a global players in the plastic packaging industry. He succeeds Andreas Schuette, who steps down from his role with the completion of the acquisition of Paccor by the Faerch Group (as of September 01, 2022). Under the new ownership, Paccor
Read moreAdler Industrial Solutions, Inc. announced it has acquired R&D/Leverage, Co. This transaction marks the third acquisition by Adler in the past year and gives the company expanded scale, a broader capability set, and European manufacturing facilities that serve a global customer base. Headquartered in Lee’s Summit, Missouri, R&D is a leading
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Packaging solutions provider Amcor announced the opening of its latest Innovation Center in Jiangyin, China. The new center is intended to bring advanced packaging technologies and more sustainable material science to Asia Pacific, helping to drive growth and innovation across the region. Mike Cash, President of Amcor’s Flexibles business in Asia
Read morePET Baltija, one of the largest PolyEthylene Terephthalate (PET) recyclers in Northern Europe, announced an agreement to acquire a leading Czech fibre producer Tesil Fibres s.r.o, a spin-off of Silon s.r.o. Once closed, this transaction will become one of the largest investments by a Latvian company in the Czech Republic to
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Brazilian recycler Global PET expands production with a 4th infrared dryer from Kreyenborg. Recycled food-grade PET is booming in Brazil. According to a recently published official study, the nominal capacity for PET recycling in the country is around 400,000 tons per year (t/year). From which, about 140,000 t/year are from the
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Berry Global’s CleanStream recycling technology, the first closed-loop system to mechanically process domestically recovered household waste polypropylene (PP) back into food-grade packaging, has been granted a Letter of No Objection (LNO) from the US Food & Drug Administration (FDA). The LNO confirms that the post-consumer recycled (PCR) PP produced by the
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