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2021-06-25 1:10 min Markets and Management, Management
Entry into the recycled plastic market

Emeraude invests in recycled fabric manufacturer DGrade

Emeraude International SAS, headquartered in Paris, made a strategic long-term investment in DGrade, a unique UAE based company that manages the full cycle from collecting and recycling plastic bottles to manufacturing sustainable clothing and plastic flake for consumer packaging. ...
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2021-06-23 3:38 min Markets and Management, Management
Management

Sk Global Chemical to acquire 10 percent equity stake in Loop Industries

Memorandum of Understanding outlining terms of Joint Venture to build Infinite Loop™ facilities in Asia Equity investment of $56.5 million will be used by Loop towards funding its planned Canadian Infinite Loop™ facility in Bécancour, Québec SK global chemical to become second ...
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2021-06-18 1:14 min Markets and Management, Management
Appointment

NGR: Successful course under the new COO; innovation Oscar "Pegasus 2021"

With the new business year, Erich Fuerst has taken over responsibility for the operational areas of the plastics recycling machine manufacturer as COO from his long-time predecessor and company co-founder Gerold Barth. Next Generation Recyclingmaschinen GmbH (NGR) can look back on a ...
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2021-06-17 1:43 min Markets and Management, Management, PET films, trays, cups…
Virtual Open House

Bandera to host virtual Open House: Bandera Plastic Week, 21, 22, 23 and 25 June

On 21, 22, 23 and 25 June, Bandera THOE – The House of Extrusion® – will host Bandera Plastic Week, the live digital event to show case Bandera’s latest innovations for the plastics industry. The four-day event will host discussions and web seminars focused on current topics and on ...
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2021-06-15 1:30 min Markets and Management, Management
Acquisition

Indorama Ventures completes acquisition of CarbonLite’s Texas PET Recycling Facility

Indorama Ventures (IVL), a global chemicals producer, has completed its acquisition of CarbonLite Holdings’ facility in Texas as part of the company’s commitment to increasing PET recycling capacity.
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2021-06-14 2:26 min Markets and Management, Management
Acquisition

Clariant completes its divestment program by reaching agreement to divest its Pigments business

Definitive agreements signed by a consortium of Heubach Group and SK Capital Partners to acquire Clariant’s Pigments business Enterprise Value of CHF 805 million to CHF 855 million, representing a 10.7x to 11.4x stand-alone adjusted EBITDA multiple per April 2021 (LTM) depending ...
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2021-06-14 0:56 min Markets and Management, Management
Expansion

Indorama Ventures drives innovation with new IOD research center at The Woodlands, Texas

Indorama Ventures Public Company Limited (IVL), a global petrochemical producer, has started developing a new technology center under its Integrated Oxides & Derivatives (IOD) business at The Woodlands, Texas. The new facility will be the company’s U.S. research and development ...
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2021-06-14 1:22 min Markets and Management, Management
PET Recycling

Veolia opens the first recycling plant for PET returnable bottles in Norway

On 9 June 2021, Veolia opened the first recycling plant in Norway for returnable PET bottles. "The system shows that we are at the forefront of the world, and I am looking forward to further steps towards the circular economy," said Finance Minister Sanner, praising the system after ...
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2021-06-09 1:46 min Markets and Management, Management
Growth

Penn Color explores expansion opportunities in Asia

Penn Color, Inc., has announced plans to increase its presence in Asia. The decision is based on its strategy to support global customers around the world, and bring the “Penn Color experience” and Penn Color products to the region.
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2021-06-09 1:17 min Markets and Management, Management
US PET Recycling

The Sterling Group forms new PET recycling platform, Evergreen

Carves out Evergreen Recycling from Greenbridge Packaging and acquires CarbonLITE's ...
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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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