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15.06.2020 - During the General Assembly of European Plastics Converters, Renato Zelcher, CEO of Crocco SpA, has been re-elected as EuPC President for the next two years. While the annual two-day conference "A Circular Future with Plastics" had to be postponed by one year due to the Covid-19 pandemic in Europe,...
12.06.2020 - Domo Chemicals has announced plans to stop and close its line of Biaxally Oriented PA films (BOPA) from Domo in Leuna (Germany), effective from August 2020. Affected employees have been informed and other operations at the Leuna plant will not be impacted by the move. The decision was reached as a result...
02.06.2020 - The sale of Arkema’s Functional Polyolefins business to SK Global Chemical was finalized on June 1st and is fully in line with the strategy to refocus the Group’s activities on Specialty Materials. With sales of around 250 million Euro, the Functional Polyolefins business, which is part of the PMMA...
29.05.2020 - Alpla, the global packaging solutions and recycling specialist, is acquiring Bopla S.A. as part of an asset deal. Alpla intends to use the Spanish company’s expertise in the area of single-stage manufacturing technologies to expand its own product portfolio. Founded in 1978, Bopla S.A. uses the technologies...
10.01.2020 - Huhtamaki has completed the acquisition of the assets and operations of Mohan Mutha Polytech Private Limited (MMPPL), a privately-owned flexible packaging manufacturer located in Sri City, Andhra Pradesh, India. MMPPL has approximately 160 employees and its net sales in 2018 were approximately Euro...
06.01.2020 - Huhtamaki has recently agreed to acquire full ownership of its joint venture company Laminor S.A. in Brazil. Laminor is specialized in high-quality tube laminates, particularly for oral care applications, and was set up in 2002 as a 50/50 joint venture together with Bemis Company, which is now part...
19.12.2019 - Clariant has agreed to sell its entire Masterbatches business to PolyOne. The transaction values the Masterbatches business at USD 1,560 million, representing c. 12.2 times the last twelve months reported EBITDA (ending September 2019) on a cash and debt free basis. This amount is payable at closing,...
16.12.2019 - Gerresheimer has had a strong foothold in India for some years through Triveni Polymers Pvt. Ltd. in Kundli. A second production site is now being opened in the city of Kosamba to help bolster production capacity to cope with the high demand for Triveni round containers. The official opening ceremony...
11.12.2019 - A new plant for producing plastic pharmaceutical packaging has been set up in the Chinese city of Changzhou to help satisfy the high demand for Gerresheimer’s primary packaging in China in the future. Today the new facility will be officially opened. “From now on, we will also have production facilities...
04.12.2019 - Indorama 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...
04.11.2019 - Alpla, a global manufacturer of plastic packaging solutions, is further expanding its recycling activities – it is moving into polyolefin recycling with its acquisition of two companies based in Spain. Alpla signed the purchase agreements for the acquisition of Suminco S.A. in Montcada (near Barcelona)...
04.11.2019 - Clariant recently announced the completion of the sale of its Healthcare Packaging business to a newly-formed investment of Arsenal Capital Partners, the signing of which was announced on July 22, 2019. The sale was closed on October 31, 2019. “The divestment of the Healthcare Packaging business...
08.05.2019 - With a total recycling capacity of 1.7 million tonnes, rigid, post-consumer and post-industrial polyolefins, in particular HDPE and PP, are in the group of the most recycled streams in Europe. According to the data collected by Plastics Recyclers Europe, the countries with the highest shares of the...
02.05.2019 - On 19th April 2019 the Cypriot president Nikos Anastasiadis personally inaugurated a new plastics recycling plant in Limassol. Christos Poullaides, Chairman of PCC Recycling, a Poullaides Group company: “It is a dream come true. More than 10,000 tons of plastic waste can now be converted into plastic...
15.04.2019 - Huhtamaki recently inaugurated its new, state-of-the-art flexible packaging unit in Egypt. The investment marks the company's entry into manufacturing flexible packaging in Africa. The greenfield is located in the greater Cairo area and will serve Huhtamaki's flexible packaging customers in Egypt...
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