The worldwide PET magazine
The Executive Board of Krones AG has decided on additional structural efficiency measures. Furthermore, the Management has specified the expected expenses for all measures intended to substantially enhance the profitability of Krones. Measures initiated to cut personnel costs as well as specific portfolio optimisation measures lead to provisions and impairments of
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The colour experts at Clariant ColorWorks have identified four societal trends that can be expected to influence consumers in the next few years. ColorForward 2021, the 15th edition of the annual Clariant colour forecasting guide for the plastics industry, recognises that genuine human contact is actually becoming a luxury in the
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The European Federation of Bottled Waters (EFBW) welcomes European Commission proposal for a European Green Deal aiming to achieve net-zero emissions by 2050. “We fully support that achieving a true Circular Economy in Europe is a top priority on Commission President Ursula Von der Leyen’s future agenda,” says Patricia Fosse-lard, EFBW
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As of January 1, 2020, Nicolai Küls will succeed Helmut Gries, who is retiring at his own request. “We would like to thank Helmut Gries for his successful work over the past 25 years and wish him all the best for the future,” says Dirk Engel, CEO of the gwk parent
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Social enterprise and ethical water company, Belu, has announced that it will become the first water company in the UK to make 100% of its plastic bottles from 100% rPET. CEO Karen Lynch comments: “We have come to the conclusion that where the single use can’t be removed, the answer to
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Changing lifestyles and new consumer generations revolutionise the packaging market. “The uninterrupted trend towards on-the-go products, for example, is boosting the demand for resealable packaging, especially in the food sector,” explains Oliver Kutsch, CEO of the market research institute Ceresana. “On the other hand, more and more countries try to reduce
Read moreIndorama Ventures Public Company Limited (IVL), a global chemical manufacturer, has acquired Green Fiber International Inc. (GFI), a recycling company in Fontana, California, USA. The facility produces Recycled Polyethylene Terephthalate (rPET) flakes. The acquisition has a combined capacity of 40,000 tonnes/annum. Green Fiber International Inc. offers high-quality recycled PET bottle flakes
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The Coca-Cola Company announced a new initiative to boost recycling of Sprite bottles in Southeast Asia, thanks to a shift from green to clear PET bottles. The change from Sprite’s iconic green colour will make the PET bottles far easier to recycle. “We are beginning the transition this month in the
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When designing preforms, a number of parameters have to be defined, like the overall shape, the neck finish and mechanical and barrier characteristics that need to be achieved. The length of the preform results from the bottle’s height (minus neck) as well as the axial stretch ratio, while the core diameter
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First of all, a look back over the past 20 years: What developments have been particularly influential to your activities in the area of design/system manufacturing for preforms? Moraldo Masi, PET Business Director Closures, Containers & PET BU Sacmi: “For many years the main driver was product light-weighting, one of the
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April, 2019, We met:Mr Devendra Surana, MDMr Palash K Chakravorty, CEOMr Arnab Basu, Technical Head It is not easy to impress seasoned PET insiders so the description of the way business is done at Magpet, Eastern India’s largest PET converter, as “highly professional” is praise indeed. 20,000 MTA of preforms and
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