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2020-01-08 1:25 min Markets and Management, Management
Recycling

Mitsubishi Corporation joins PET chemical recycling business

Mitsubishi Corporation (MC) has reached an agreement with Taiwan’s Shinkong Synthetic Fibers Corporation (Shinkong), a Taiwan-based major producer of polyester fiber and PET, to accept a third-party allotment of shares in the Shinkong subsidiary Thai Shinkong Industry Corporation ...
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2020-01-08 1:20 min Markets and Management, Management
Acquisition

TricorBraun acquires Packaging Solutions, Inc.

Packaging leader TricorBraun today announced that it has acquired Minneapolis-based Packaging Solutions, Inc. (PSI), a rigid packaging distributor serving several markets, including pharmaceutical, pet food and personal care.
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2020-01-07 0:50 min Management
Appointment

New President at ENGEL North America

With the beginning of the new year, ENGEL North America welcomes Paul Caprio as president. As of January 2, 2020, Caprio is managing the sales and service subsidiary of the Austria-based injection molding machine builder together with CEO Mark Sankovitch.
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2020-01-07 2:50 min Markets and Management, Management
Acquisition

Indorama Ventures concludes US$2 billion acquisition of Huntsman's Integrated EO & PO Assets

Indorama Ventures Public Company Limited (IVL), a global chemical producer, has today completed its acquisition of Huntsman’s world-class integrated oxides and derivative businesses, including a large flagship site on the US Gulf Coast (USGC) at Port Neches, as well as Chocolate ...
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2020-01-07 2:23 min Markets and Management, Management
Partnership

Enel starts operations of 450 MW wind farm in U.S. and expands project to 500 MW through new PPA with Danone North America

With its initial 450 MW, the High Lonesome wind farm in Upton and Crockett Counties, Texas, is the largest operating wind facility in Enel’s global renewable portfolio The project has been expanded by an additional 50 MW, thanks to a PPA with food and beverage company Danone North ...
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2019-12-19 1:43 min Markets and Management, Management
Sell of Masterbatch Business

Clariant has agreed to sell its Masterbatches business for approx. USD 1.6 billion

Divestment of Clariant’s entire Masterbatches business to PolyOne Total enterprise value of approx. USD 1.6 billion Extraordinary cash distribution of CHF 3.00 per share proposed by Clariant’s Board of Directors, subject to AGM approval and closing of transaction
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2019-12-11 1:10 min Markets and Management, Management
Appointment

MANN+HUMMEL appoints new Board of Management

The Supervisory Board of MANN+HUMMEL Verwaltungs GmbH has appointed Kurk Wilks as ...
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2019-12-11 1:10 min Markets and Management, Management
Appointment

GWK management change

Management change at gwk Gesellschaft Wärme Kältetechnik mbH (gwk): As of January 1, 2020, Nicolai Küls will succeed Helmut Gries, who is retiring at his own request.
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2019-12-09 1:25 min Markets and Management, Management
Acquisition

Berlin Packaging completes acquisition of Novio Packaging

Berlin Packaging announced it has completed its acquisition of Novio Packaging Group B.V., a Netherlands-based supplier of plastic packaging with expertise in personal care, pharmaceutical, food, and sports nutrition verticals.
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2019-12-06 0:59 min Markets and Management, Management
Appointment

Unilever announces changes to the Unilever Leadership Executive

Amanda Sourry, President, Unilever North America, has decided to retire from the company after more than 30 years of service to pursue new opportunities. Fabian Garcia, former President and Chief Executive of Revlon, has been appointed President, Unilever North America. Conny ...
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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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