The worldwide PET magazine
Amcor, a global leader in developing and producing responsible packaging, announced plans to build two new state-of-the-art innovation centers. The new facilities in Ghent, Belgium, and Jiangyin, China, will welcome customers as of mid-2022, with full build-out over the next two years. The total investment is expected to be approximately $35
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Indorama Ventures Public Company Limited (IVL), a global chemicals producer, announced it agreed to acquire Brazil-based Oxiteno S.A. Indústria e Comércio, a subsidiary of Ultrapar Participações S.A. The acquisition gives IVL a unique portfolio in high-value surfactants and significantly extends its existing Integrated Oxides and Derivatives (IOD) business. Oxiteno is a
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Berry Bramlage has won German Packaging Awards in the Sustainability category for significant design and technical enhancements to two packaging solutions. Two years after the Berry Global acquisition of RPC, the combined expertise of these two packaging leaders is paying off with continued sustainability innovation. The Lip Care stick and Magic
Read moreKraussMaffei Group announced that its Swiss business unit KraussMaffei HighPerformance AG (formerly Netstal-Maschinen AG) and the associated Netstal brand will be expanded into an independent group under the name Netstal. In addition to the headquarters in Näfels, sales and service subsidiary based in Stuttgart, as well as our two sales and
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Despite the extraordinary challenges the world faced during the 2020 financial year, packaging machine manufacturer Gerhard Schubert GmbH posted a positive business result that was significantly better than the Corona-related forecast adjustments at the beginning of the pandemic year suggested. The Schubert Group achieved an increase in turnover of 2.5 per
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For millions of people all over the world, packaged drinking water is an essential part of their daily life, especially if they live in a region where they cannot depend on a reliable supply of potable tap water. Personal, health-related reasons or sensory preferences may also cause consumers to choose packaged
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Inovar Packaging Group, LLC (“Inovar”) has recently completed its acquisition of Precision Label, Inc. (“Precision Label”) in Oceanside, CA in partnership with the existing Precision Label management team. This is Inovar’s sixth platform company and adds to its existing manufacturing footprint in Dallas, TX, Boston, MA, Ft. Lauderdale, FL, Milwaukee, WI
Read moreRefresco, the world’s largest independent bottler for retailers and A-brands in Europe and North America, today announces it has entered into an agreement with The Coca-Cola Company to acquire three of its production locations in the United States. This transaction is subject to regulatory approval. Hans Roelofs, CEO Refresco, comments: “The
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Innoventures, Greiner’s innovation incubator, has the aim of seeing where the future is happening and with the taking of a strategic participation in the Viennese start-up temprify, has now brought off a stunning coup. Temprify has developed the idea of environment-friendly, transport coolers and has thus brought onto the market a
Read moreSI Group, a leading performance additives company, announced today plans to increase resole production capacities at their facilities in Rotterdam Junction, New York, and Lote, India. The goal of this capacity expansion of more than 25% is to propel the sites to become two of the world’s leading resole production and technology locations.
Read moreWorld demand for labels and shrink sleeve materials will be worth $41.59 billion in 2021, as the segment recovers from the unprecedented disruption of 2020. In a year blighted by Covid, world value fell by -0.6%. As a degree of economic stability returns Smithers forecasts this market is set to grow
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