Plastics have a number of desirable properties that make them suitable as packaging materials: they are versatile, durable and lightweight, have good barrier properties and are cheap. Consequently, much packaging is made of plastic, making it the world’s biggest sectoral source of ...

Under the terms of the shareholders pact (1), Carbios acquisition of the SPI Fund’s stake in Carbiolice took place on June 3rd, 2021, for €17.9 million, closing five years of collaboration with the SPI Fund operated by Bpifrance Investissement By holding 100% of Carbiolice’s ...

The current edition of PETnology's "Month in Charts" series - a service from SBAcci ...

Indo Rama Synthetics (India) Limited (IRSL), a subsidiary of global petrochemical producer Indorama Ventures Public Company Limited (IVL), will spend up to INR 6 billion (USD 82M) upgrading equipment and adding capacity at its manufacturing site in Nagpur, India. The capital ...

Throughout the year the Group was committed to ensuring workplace safety and continuity of production and assistance. Investment in product innovation and a new in-company ‘digital culture’ continued apace.

Clearly Clean Products, LLC announced the purchase of a 60,000 sq. ft. facility in Frackville, Pa. This building will act initially as a warehouse, then progress to be a distribution center and potentially another plant. It is located in the same complex as Clearly Clean's other ...

The start of the fiscal year 2020/21 was particularly challenging due to the first ...

To fill the wait until the next edition of the NPE fair in Orlando, USA (cancelled ...

DAK Americas LLC (DAK) announced its plan to close the Polyester Staple Fiber(PSF) manufacturing operations at its Cooper River Site, near Charleston, SC. The site will continue to produce PET Resins to serve the bottle and packaging markets on its newer capacity installed in 2003.

Upward trend in order intake continues. Order value increased in first three months of 2021 by 27.1% to €1,068.8 million. First quarter revenue of €874.6 million down 7.2% on prior-year figure, which was only partially affected by corona.  Despite lower revenue, Krones ...