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Alberto Rossi has taken over the position of Managing Director at the recently re-established subsidiary Netstal Italia S.r.l. Alberto Rossi thus indirectly succeeds Andrea Bottelli, who had successfully built up the former Netstal Italia S.r.l. since 1995 and then further developed the Italian market for both brands as Managing Director of
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The physical edition of TaipeiPlas is scheduled to return from September 27 to October 1 this year at Taipei Nangang Exhibition Center, Hall 1 (TaiNEX 1) in conjunction with ShoeTech Taipei. A month-long online exhibition will continue till October 27. This year’s TaipeiPlas focuses on three major themes – “Smart Machinery,”
Read moreHeraeus Holding GmbH, a global Fortune 500 company, announced it has invested substantial equity to take a majority stake in Perpetual Technologies, a leading PET recycling company. To drive global expansion under one brand, Heraeus decided to rename the company Revalyu Resources GmbH. Revalyu has developed a depolymerisation technology to recycle
Read moreWerner & Mertz and Remondis have joined forces under the umbrella of the “Recyclat-Initiative” to demonstrate how plastic cycles can be fully closed using practical application examples. The common goal is to establish sustainable material cycles and to use the recyclable material from the source “yellow bag” in Germany for this
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Nestlé Malaysia is accelerating its efforts to tackle plastic waste by expanding further the use of environmentally-friendly packaging. The company is the first in Malaysia to use high-quality rPET for its Ready-to-Drink (RTD) products in plastic bottles format. This move is claimed to be in line with the company’s pledge to
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United Caps, an international manufacturer of caps and closures, announces the appointment of Vincent Chauvier as Chief Financial Officer, a promotion from his previous role as Finance Director. Chauvier has an extensive track record in the financial field across a variety of companies and industries. He started his career with accounting
Read moreA new US$100 million Coca-Cola bottling plant at Sebeta in Ethiopia is set to unlock export opportunities, increase local production and ease foreign exchange constraints as it adds 500 employees to the workforce of Coca-Cola Beverages Africa (CCBA) in the country. The inauguration of the Sebeta Dima Coca-Cola factory was attended
Read moreThe European plastics industry is tackling challenges on multiple fronts. In packaging, by far its biggest market, it has become a victim of its own success, particularly as the ideal material for single-use applications and people on the move. In building and construction, some infrastructure projects may go on hold as
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Tomra calls for closing the loop on PET beverage containers, recognising that there is more to be done. Now political framework, bold decisions and smart investments in collecting, sorting and recycling should be used to improve circularity across all material streams and to overcome today’s supply chain bottlenecks, states the recycling
Read moreAlpek, S.A.B. de C.V. announced that it has received all necessary approvals from the regulatory authorities and has finalised its acquisition of Octal Holding SAOC. Pursuant to the purchase agreement, Alpek acquired 100% of the shares of Octal for U.S. $620 million on a debt-free basis. Financing was secured through a
Read moreAxens, worldwide provider of technologies, products and services, and Toray Films Europe, a leading company in engineering plastics films, are announcing their collaboration to study a PET chemical recycling facility at Toray Films Europe production site in Saint-Maurice-de-Beynost (Ain, France). New units based on Axens’ Rewind PET technology will be coupled
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