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2022-07-08 1:20 min Management
Acquisition

Hillenbrand to acquire Herbold Meckesheim, expanding customer offering for complete recycling solutions

Advances Hillenbrand’s long-term growth strategy into key end market of recycling Highly complementary technologies to Coperion branded products Enhances offering of complete recycling solutions and provides compelling cross-selling opportunities Expected to be accretive to Adj. ...
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2022-07-04 1:33 min Management
Appointment

Britvic: CIO Sudeep Shetty appointed to Executive in new Chief Information and Transformation Officer role

Britvic expands Executive team with new CITO role Sudeep Shetty, previously Group Chief Information Officer (CIO), appointed New role responsible for the delivery of future technological and digital change
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2022-06-28 1:17 min Management
Acquisition

Ara Partners acquires Petainer

Investment to support growth of leading sustainable packaging company Ara Partners ("Ara"), a private equity firm that specialises in industrial decarbonisation investments, today announced that it has acquired Petainer Ltd. ("Petainer" or the "Company"), a UK-based, global producer ...
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2022-06-27 0:50 min Management
Rebrand

New name and logo for PET producers’ European Trade Association

The Committee of PET Manufacturers in Europe (CPME), has announced its rebrand: PET EUROPE – Producers’ Association.
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2022-06-21 2:30 min Management
Rebrand

4PET Recycling changes its name to Cirrec

Faerch Group, the leading rigid food packaging manufacturer and integrated recycler, announces the rebranding of its subsidiary 4PET Recycling into CIRREC. The new name reflects the company’s commitment to truly circular recycling in food packaging. With additional capacity ordered, ...
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2022-06-21 1:50 min Management
Growth

Establishment of the worldwide NETSTAL organization continues to progress

The establishment of the independent, global NETSTAL organization continues to progress under the umbrella of the KraussMaffei Group. In the most important regions, NETSTAL will serve customers from the medical technology and the beverage and packaging industries with 12 of its own ...
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2022-06-21 3:40 min Management, Recycling processes
Closed-loop economy

BASF SE/Bobst/Evertis/Sulayr: Strategic partnership delivers best practice example of a closed recycling loop for PET-based multilayer

Four partners have collaborated on an industry-leading recycling approach ...
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2022-06-21 1:40 min Management
Additional manufacturing line

Coke Canada Bottling to invest $42 million in Lower Mainland facilities

Coca-Cola Canada Bottling Limited announced the company is making capital investments of close to $42 million in its Lower Mainland operations to help the company meet the evolving needs of customers in British Columbia and enable its capability to grow in the market.
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2022-06-20 1:58 min Management
Management

Realignment of KraussMaffei's New Machines Division to strengthen global customer loyalty and production efficiency

New Machines (NM) Division is divided into Business and Operations Xiaojun Cui becomes Head of the global NM Division, Business Lars Hoppe will be responsible for NM global Operations Dr. Volker Nilles, previous Head of NM, leaves the company
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2022-06-17 1:90 min Management
Acquisition

Berlin Packaging continues North American expansion with Andler Packaging Group acquisition

Hybrid packaging supplier® Berlin Packaging announced the acquisition of Andler Packaging Group, a value-added distributor of plastic, glass, and metal containers and closures.
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PETnology/tecPET GmbH

Postfach 120 429
93026 Regensburg
Germany

+ 49 (0)941 870 2374
+ 49 (0)941 870 2373
info@petnology.com

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