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RadiciGroup High Performance Polymers acquired the Engineering Plastics business of the Indian company Ester Industries Ltd. Last May, RadiciGroup announced this action aimed at strengthening its internationalisation strategy, with an investment of around 35 million euros: the transaction allows RadiciGroup – in India since 2006 – to further reinforce its local
Read moreKoch Technology Solutions (KTS), a Koch Engineered Solutions company, and Ioniqa Technologies B.V. (Ioniqa) announced a partnership to scale up and commercialise Ioniqa’s PET recycle technology in the plastics industry. As part of this collaboration, KTS has committed to invest up to €30M in Ioniqa. Ioniqa has developed a process that
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Following 18 months of construction and installation, the Alpla Group and PTT Global Chemical are opening the state-of-the-art Envicco recycling plant in Thailand. With an annual production capacity of 30,000 tonnes of recycled PET and 15,000 tonnes of recycled HDPE, it is one of the largest recycling plants for these plastics
Read moreRecyClass and the US based Association of Plastics Recyclers, the international association representing the plastics recycling industry, reinforce their collaboration to drive worldwide harmonisation of plastic packaging recyclability. The basis of this collaboration is a shared vision of science-based design for recycling guidelines and protocols for recyclability assessments. This partnership is
Read moreNigeria’s leading trade show & conference on plastics, printing & packaging and on agrofood presents two special features: Türkiye is the Guest of Honour and the spotlight 2023 is on beverages – production & ingredients. Türkiye Guest of Honour 2023 Organised by Expotim Ladin, the Guest of Honour 2023 will present
Read morePET 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
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