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Business function
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Far Eastern New Century Corporation
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Taipei
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Taiwan
Acquisition
FENC: Further acquisition of a recycling company in the U.S.
Far Eastern New Century Corporation (Stock code: 1402, hereinafter referred to as “FENC” or “the Company”) announced the acquisition of Phoenix Technologies International LLC (hereinafter referred to as “Phoenix”) located in Ohio on 3 June 2019, with an annual capacity of 36,000 tons (80 million…
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Business function
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Bühler Group
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Uzwil
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Switzerland
Appointment
Rainer Schulz elected unanimously to Board of Directors
Rainer Schulz, former CEO of the global REHAU Group, has been elected unanimously to Bühler Group’s Board of Directors last Friday.
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Business function
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Sibur
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Moscow
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Russia
Partnership
BASF and SIBUR collaborate to develop innovative polymer solutions
SIBUR and BASF are collaborating to develop innovative polymer solutions at SIBUR’s PolyLab Research and Development Center located in Moscow, Russia. The signing ceremony of the Memorandum of Cooperation took place on May 30, 2019 at SIBUR’s newly inaugurated state-of-the-art PolyLab at the…
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Business function
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Plastipak
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Plymouth
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United States
Partnership
Plastipak and Garbo announce exclusive partnership for industrial scale PET chemical recycling
Plastipak Italia Preforme s.r.l., a subsidiary of Plastipak Packaging, and Garbo S.r.l. have entered into an exclusive relationship in Italy to develop and bring to market industrial scale PET chemical recycling for use in preform and bottle applications.
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Business function
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VDMA
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Frankfurt am Main
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Germany
Markets
German plastics and rubber machinery sector: Turnover decline of up to ten per cent for 2019
- After ten years of growth and doubling of sales the turning point has now been reached
- Incoming orders slumped by 10 per cent in the first quarter of 2019
- Automobile sector and image problems of plastics are thwarting growth
- Turnover plus of 2 per cent in 2018
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Management
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ENGEL Group
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Schwertberg
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Austria
Appointment
Michael Traxler heads Mould Technology division of ENGEL
Michael Traxler has been appointed head of ENGEL’s Mould Technology division. Together with his team, the experienced toolmaker will continue to expand the consulting services internationally to further strengthen the systems business of the injection moulding machine manufacturer worldwide.
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Management
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Knjaz Miloš
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Aranđelovac
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Serbia
Acquisition
KMV and PepsiCo acquire Knjaz Miloš from Mid Europa
Mid Europa Partners (“Mid Europa”), the leading private equity investor in Central and Eastern Europe, announced today the agreement to sell Knjaz Miloš, the leading producer of mineral water and non-alcoholic beverages in Serbia and the surrounding region, to a joint venture between Karlovarské…
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Business function
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Amcor
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Chicago, USA and Melbourne
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Australia
Acquisition
Amcor completes acquisition of Bemis, creating the global leader in packaging
Amcor today announces the successful completion of its acquisition of Bemis Company Inc., effective 11 June 2019. The combined company will now operate as Amcor Plc (Amcor), trading on the New York Stock Exchange under the ticker symbol “AMCR” and the Australian Securities Exchange under the ticker…
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Business function
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Unilever
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London, UK, Rotterdam
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Netherlands
Sustainable Brands
Unilever's purpose-led, Sustainable Living Brands outperform
Unilever today announced that its purpose-led, Sustainable Living Brands are growing 69% faster than the rest of the business and delivering 75% of the company’s growth.
The figures, which were revealed by Unilever CEO Alan Jope at the Deutsche Bank Global Consumer Conference in Paris, demonstrate…
The figures, which were revealed by Unilever CEO Alan Jope at the Deutsche Bank Global Consumer Conference in Paris, demonstrate…
Management
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Business function
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Avantium
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Amsterdam
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Netherlands
PEF
Avantium Technology & Markets Day: “Entering the Commercialization Phase for PEF”
Today Avantium hosts a Technology & Markets Day at its headquarters in Amsterdam, the Netherlands. The company will update the market on Avantium’s strategy and technologies, in particular that of the Synvina business unit and the commercialization of PEF, a 100% renewable and fully recyclable…
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Business function
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DuPont
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Wilmington, Del.
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United States
Management
DuPont becomes independent company, uniquely positioned to drive innovation-led growth and shareholder value
- Creates a more focused, multi-industrial company delivering highly specialized products and solutions aligned with high growth, high return opportunities in transformational markets
- Begins regular way trading under “DD” ticker symbol
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Management
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Pretium Packaging
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Chesterfield, MO
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United States
Innovation
Pretium pioneers new approach to bottle design via new innovation center
Pretium Packaging is pioneering a new innovation approach for private label and independent brand companies at its new Pretium Innovation Center in Aurora, Illinois.
The center, which is housed in an existing Pretium manufacturing facility, has been thoughtfully designed with separate rooms, each…
The center, which is housed in an existing Pretium manufacturing facility, has been thoughtfully designed with separate rooms, each…
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Business function
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Sipa
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Vittorio Veneto (TV)
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Italy
Award
XTREME Renew from EREMA and SIPA wins World Star Packaging Award
European technology that makes it possible to produce PET bottles entirely out of post-consumer waste has been recognized with a prestigious WorldStar Packaging Award at a gala ceremony hosted by the World Packaging Organisation (WPO) in Prague, Czech Republic on May 15. The innovative XTREME Renew…
Facts & Figures
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Business function
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Krones AG
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Neutraubling
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Germany
Facts & Figures
Krones AG annual general meeting approves dividend of €1.70 per share
- All agenda items adopted with large majority
- Executive Board reports on 2018 financial year and presents Krones strategy to shareholders
- Stable dividend for 2018 at €1.70 per share
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Business function
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ENGEL Group
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Schwertberg
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Austria
Facts & Figures
ENGEL ends fiscal year with growth
The ENGEL Group saw out the 2018/19 fiscal year, which closed at the end of March, with a turnover of €1.6 billion. The injection moulding machine manufacturer and systems solutions provider headquartered in Schwertberg, Austria, once again raised its sales, achieving a 6% increase over the previous…
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Business function
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Krones AG
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Neutraubling
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Germany
Facts & Figures
Krones continues growth in first quarter of 2019
- Revenue up 10.3% year-on-year to €983.5 million. Adjusted for acquisitions and currency effects, the growth is 5.9%.
- Order intake improved by 5.0% to €1,041.6 million. Excluding acquisitions, the increase was 4.1%.
- Earnings before taxes (EBT) went down 8.4% to €51.5 million in the first quarter of…
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Business function
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Krones AG
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Neutraubling
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Germany
Facts & Figures
Krones continues revenue growth in 2018 and significantly improves free cash flow
- Krones publishes its 2018 Annual Report and confirms its preliminary figures.
- Revenue increased by 4.4% to €3.85 billion. Order intake up 4.5% to €3.96 billion.
- EBT margin of 5.3% due to rising material and labour costs together with reorganisation expenses.
- Krones improves free cash flow by €271…
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Business function
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Krones AG
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Neutraubling
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Germany
Krones attains growth target for 2018 financial year
- Revenue increased by 4.4% to €3.85 billion. Krones thus attained its 4% growth target. Order intake up 4.5% to €3.96 billion.
- Krones substantially improves free cash flow to €120.7 million.
- EBT margin of 5.3% in 2018 due to rising material and labour costs together with reorganisation and acquisition…
Marketing & Sales
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Marketing & Sales
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Starlinger
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Vienna
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Austria
Open House
Starlinger Open House in Taicang: Machinery for innovative woven plastic packaging
During Chinaplas in April 2018, Starlinger welcomed more than 600 international visitors, and about 200 guests also attended the company's open house in Taicang. The machinery demonstrations were met with great interest: high-tech weaving on circular looms type RX, consistently high coating quality…
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Business function
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SMI
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San Giovanni Bianco (BG)
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Italy
Awards
SMI representing Italy at the Grand Final of Europe’s major business competition
SMI is hoping to be named a winner at Grand Final of the European Business Awards sponsored by RSM, on 22 and 23 May in Warsaw, Poland.
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Business function
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SIPA S.p.A.
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Vittorio Veneto
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Italy
NPE 2018
At NPE 2018, SIPA debuts new ISBM features, highlights mold refurbishment skills, shows leadership for the circular economy
SIPA will show brand-new improvements to its compact ECS SP injection-stretch-blow molding (ISBM) system at NPE2018. The system, now more versatile than ever, can be seen in the Bottle Zone. We will also be illustrating our full range of equipment for one- and two-stage production of PET containers,…
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Business function
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SIAPI S.R.L.
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San Vendemiano
NPE 2018
SIAPI at NPE 2018
The NPE2018 show floor reflects the many advancements and changes in the industry, with new features including the Bottle Zone, Refocus (highlighting sustainable solutions), and 3D Printing, along with returning favorites including International Pavilions, and Technology zones for mold-making,…
Business Technology
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Business technology
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Cold Jet
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Loveland, Ohio
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United States
Dry ice blasting technology
Cold Jet launches new revolutionary dry ice blaster, the PCS® 60
Cold Jet® – the global leader in dry ice technology – has reinvented dry ice blasting with the release of the PCS 60. The machine represents the pinnacle of dry ice blasting technology and will set the standard for dry ice blasting machines for years to come.
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Business technology
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Nordson
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Westlake, Ohio
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United States
Online calculation
New online tool automatically calculates resin savings and investment payback after installation of a gear pump
BKG® BlueFlow™ Gear Pumps from Nordson substantially reduce pressure variation, making possible a return on investment in a matter of months.
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Business function
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Britvic/Lorien Engineering Solutions
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Staffodshire
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United Kingdom
New PET bottling facilities
Britvic installs PET lines at two UK sites
Global performance improvement solutions provider Lorien Engineering Solutions, a division of GP Strategies, is working with soft drinks provider Britvic to help install new state-of-the-art production lines at Britvic’s Leeds and Rugby manufacturing sites.
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Bottle developments
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R&D/Leverage
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Lee's Summit, Missouri
R&D/Leverage’s new Opti-Sim virtual prototyping tool saves time and money for PET packaging industry – and reduces waste
R&D/Leverage’s new Opti-Sim Virtual Prototyping process, which lets PET packagers anticipate a bottle concept’s impact on engineering, operations and marketing, is now available from this leading global idea-to-mold provider.
Operations
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Operations
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Nestlé Waters
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Vevey
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Switzerland
Management
Nestlé Waters invests CHF 25 million in Swiss water bottling site
Nestlé Waters has announced a CHF 25 million modernisation of its bottling site at Henniez, Switzerland
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Management
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Klöckner Pentaplast
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Montabaur
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Germany
Klöckner Pentaplast announces major Pharma capacity expansion in Switzerland to support growing EMEA & Asian markets
Klöckner Pentaplast’s Pharmaceutical & Medical Device Films Division (kp Pharma) announces a 5 million Euro investment in their Bern, Switzerland facility. kp will expand capacity at its Swiss facility by 30% to address ever-changing market needs in EMEA and support expansion into Asia.
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Operations
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Vacuum Barrier Corporation
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Woburn, MA
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United States
Vacuum Barrier ISO 9001:2015 CERTIFIED
TÜV Rheinland® of North America has certified that Vacuum Barrier Corporation has established and maintains a Quality Management System (QMS) confirming the requirements of ISO 9001:2015.
Receiving this certification communicates that the systematic approach to the organizations processes allow for…
Receiving this certification communicates that the systematic approach to the organizations processes allow for…
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Operations
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Sidel
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Parma
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Italy
Successful installation with 150.000 BPH
Record-breaking complete PET water lines from Sidel achieved 150.000 BPH in Saudi Arabia
Following the successful installation two years ago of what was Sidel’s fastest bottling line in the world at the time, the Health Water Bottling Company (HWB) of Saudi Arabia decided to invest in two further lines. The original solution still runs at a speed of 134,000 bottles per hour (bph),…
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Operations
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Krones AG
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Neutraubling
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Germany
Krones’ Innovation Lab officially inaugurated
One year after moving into the premises in Regensburg’s TechBase and successful completion of its first projects, Krones AG’s Innovation Lab was officially inaugurated on 9 October 2017.
The TechBase is located directly next to the university and the East Bavarian University of Applied Science…
The TechBase is located directly next to the university and the East Bavarian University of Applied Science…
Strategy & Risk
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Bottle developments
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ALPLA
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Hard
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Austria
Alternative to Plastic Packaging
ALPLA and BillerudKorsnäs to join forces to pioneer paper bottles for a sustainable future
Plastic packaging solutions provider ALPLA and paper packaging materials‐ and solutions provider BillerudKorsnäs today announced that they will embark on a joint venture. They do so with the vision to develop a fully biobased and recyclable paper bottle.
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Business function
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Nestlé
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Vevey
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Switzerland
Nestlé aiming at 100% recyclable or reusable packaging by 2025
Nestlé announced its ambition to make 100% of its packaging recyclable or re-usable by 2025. Its vision is that none of its packaging, including plastics, ends up in landfill or as litter. Nestlé believes that there is an urgent need to minimize the impact of packaging on the environment.
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Business function
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Indorama Ventures Public Company Limited
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Bangkok
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Thailand
Indorama Ventures to acquire PET business in Brazil maiden entry into key South American market strengthens its position as the #1 PET Player Globally
- Expands global footprint with presence in South America
- Identifies growth and margin enhancement opportunities through scale advantage and cost synergies
- Reaches a larger customer base, complementing IVL’s existing operations and technologies
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Business function
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Indorama Ventures
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Bangkok
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Thailand
Indorama Ventures and Huvis to Form Joint Venture to Produce High Value-Added Products in USA
- Extends complementary capabilities of Indorama Ventures and Huvis to deliver customer value proposition and accelerate profitable growth
- Builds position as one of leaders in Low Melting Fiber (LMF) in low tax environment in the U.S.A.
- Strengthens both Huvis’s and Indorama Ventures’ business…
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Strategy & risk
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Iceland Foods
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Deeside, Flintshire
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United Kingdom
Strategy
Iceland aims to be plastic-free across own label range by 2023
Iceland, the UK’s leading frozen food specialist, is committing to become the first major retailer globally to eliminate plastic packaging from all of its own brand products by the end of 2023. The process starts now and Iceland is challenging itself to complete it within the next five years.
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PETnology Europe 2019
comPETence Magazine TWO:19
