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1:10 min
Facts & Figures
Call
EuPC: High energy costs badly affect plastics converters in Europe
Several European Plastics Converters are at risk due to the high Energy prices.
Converters like many other energy-intensive industries, are shocked by the dramatic increase in electricity and gas prices. Although some companies have so far been able to avoid a cost increase due to ...
0:50 min
Management
Appointment
New Managing Director at ENGEL Machinery India
On 1 August 2022, Stalinjose Selvanayagam, previously the Sales Director with ENGEL Machinery India Pvt. Ltd., has taken up his position as Managing Director of the sales and service subsidiary of Austrian injection moulding machine manufacturer and system solutions provider ENGEL in ...
5:70 min
Sustainability & Circular Economy
Call for EU Action
SMEs in the beverage industry call for a fairer access to recycled PET
In the EU, recycled PET is becoming almost as rare and expensive as white truffles or gold. The reason is everybody wants qualitative recycled PET from beverage bottles, and the demand significantly exceeds the offer.
1:58 min
Management
Acquisition
INVL Baltic Sea Growth Fund-backed PET Baltija completes the acquisition of TESIL Fibres
PET Baltija has completed the acquisition of 100% of shares of a leading Czech fibre producer TESIL Fibres, a spin-off of SILON. This transaction is set to increase PET Baltija's annual turnover by more than 50% and ensure the production of higher value-added products by the company.
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