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2024-08-06 1:56 min Management
Acquisition

A new start for ILLIG: business will continue with a new company name

Ownership was transferred on August 1st after the contract was signed (Closing on 31.07.2024) The new ILLIG packaging solutions GmbH continues the business with thermoforming and packaging systems and services
2024-08-02 1:17 min Management
Appointment

Andreas Montag named new Director Business Development Medical at Sumitomo (SHI) Demag

Effective 1 July 2024, Andreas Montag joined Sumitomo (SHI) Demag Plastics Machinery GmbH as the company’s new Director of Business Development Medical. He replaces Anatol Sattel, who moves into a new function as Group CSO, effective 1 September 2024. Andreas Montag is an ...
2024-07-31 1:70 min CSD, Caps & Closures
Launch

SIPA launches ultralight, high-performance GME 30.40 LW neck finish

SIPA has unveiled a groundbreaking innovation in carbonated soft drink (CSD) – the ...
2024-07-31 1:41 min Management
Management

Sumitomo (SHI) Demag Plastics Machinery confirms new leadership chapter

Sumitomo (SHI) Demag, Schwaig, has announced the next phase of the company’s succession plan following the retirement of incumbent CEO Gerd Liebig, who has led the Group for nine years. Effective 1 September 2024, Christian Maget assumes the role of CEO. Drawing upon his deep ...
2024-07-31 3:55 min Facts & Figures
Report

Krones reports very good first half-year 2024 – significant increase in revenue and profitability

Demand for Krones’ products and services remains robust. From April to June 2024, order intake increased by 2.9% to €1,310.2 million, exceeding the already high level of the previous year (€1,272.8 million). The contract value of orders in the first six months of 2024 ...
2024-07-31 1:52 min Facts & Figures, Sustainability & Circular Economy
Report

RaboResearch: Demand for recycled plastic set to grow in US and EU markets

Recycling and the use of recycled content have become key aspects of sustainability in plastic packaging in the US and the European Union. According to a recent RaboResearch report, the demand for recycled polymers has grown in both regions and is expected to continue to rise in the ...
2024-07-30 1:26 min Management
Acuisition

Silgan announces agreement to acquire Weener Packaging

Silgan Holdings Inc., a supplier of sustainable rigid packaging solutions for the world’s essential consumer goods products, announced that it has entered into a sale and purchase agreement to acquire Weener Plastics Holdings B.V., a leading producer of differentiated dispensing ...
2024-07-26 2:70 min Management
Acquisition

ProMach announces acquisition of Italy-based MBF

ProMach acquires MBF, a global producer of bottle-filling and closing machines, and a well-known and respected partner for wine and distilled spirits producers around the world. The addition of MBF further expands ProMach's bottle-filling and closing capabilities and represents ...
2024-07-23 2:38 min Facts & Figures, Sorting and collection
Report

Eunomia: Can advanced sorting contribute to plastic circularity in Europe?

The report, entitled Advanced Sorting for Circularity finds that for many plastic packaging formats, further optimisation of existing sorting technologies is likely to be sufficient for improved circularity. For the remaining sorting challenges, object recognition could be the most ...
2024-07-23 5:44 min Management
Acquistion

Investindustrial agrees to acquire Piovan

Automation Systems SpA (the “Purchaser”), a company whose share capital is indirectly owned by Investindustrial VIII SCSp fund, has entered into a sale and purchase agreement with Pentafin SpA (“Pentafin”) for the acquisition of 58.35% of the share capital of Piovan SpA (“Piovan” or ...
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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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