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2025-06-04 0:35 min Management
Closing

Alpek will cease operations at its PET Facility in North Carolina

Alpek, S.A.B. de C.V. announced the strategic decision to cease operations at its Cedar Creek facility in Fayetteville, North Carolina by July 31, 2025. The site, acquired by Alpek in 2001, has an installed capacity of 170,000 tons of PET resin and approximately 35,000 tons of rPET ...
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2025-06-03 1:26 min Management
Management

TOMRA Recycling appoints Katrin Fricke as its new Head and Executive Vice President (EVP)

TOMRA Recycling has announced the appointment of Katrin Fricke as its new Executive ...
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2025-06-02 0:51 min Management
Investment

StackTeck capacity growth update

StackTeck Systems Ltd., a manufacturer of high-volume injection molding solutions for thinwall packaging, closures, PET preforms, personal care and medical products, has continued to increase capacity with investments in new machinery and automation throughout their manufacturing and ...
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2025-05-29 2:25 min Mineral water, America
Report

USA: Bottled water growth rate outperforms all other packaged drinks, by volume

America’s favorite packaged drink, bottled water, had the highest volume growth rate of all other beverages in 2024, the International Bottled Water Association (IBWA) reports, according to new data from the Beverage Marketing Corporation (BMC). . Nearly all other drinks had negative ...
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2025-05-28 1:40 min Management, India
Investment

Indorama Ventures takes a further step into the high-potential Indian market through a stake in packaging company EPL

Indorama Ventures Public Company Limited (IVL), a global sustainable chemical company, progressed its business decision to invest in the high-potential Indian market through the purchase of a 24.9% equity stake in EPL Limited from Blackstone. The completion of the financial ...
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2025-05-28 1:26 min Cosmetics & Medical, Enzymatic recycling, Biobased Material
Enzymatic recycling

CARBIOS signs its first biorecycled PET sales contracts with two global cosmetics leaders

CARBIOS has signed two multi-year commercial contracts for biorecycled PET from its Longlaville plant, with L'ORÉAL and L'Occitane en Provence, and has moved forward with the execution of this future plant’s strategy These initial commercial contracts confirm market demand for ...
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2025-05-19 2:11 min Facts & Figures
Review

SACMI Group 2024: revenues surpass €1.7 billion

The yearly financial statement - approved yesterday, 16th May, during the Parent ...
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2025-05-16 1:45 min Cosmetics & Medical
Sustainable beauty product

SUQQU launches sustainable makeup compact with Eastman Cristal One copolyester, a specialty PET

Beauty brand SUQQU has unveiled a new setting powder housed in a compact crafted ...
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2025-05-15 1:50 min Management
Expansion

ENGEL acquires long-standing partner Roegele: Establishment of ENGEL Spain

Injection moulding machine manufacturer ENGEL is continuing to advance its internationalisation strategy and, as of 1 April 2026, will acquire its long-standing sales partner Roegele in Spain. This move strengthens ENGEL’s presence in the south-western European market and marks the ...
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2025-05-15 1:27 min Management
Unification

Piovan Group announces Piovan Food & Powders

The Piovan Group announces the creation of Piovan Food & Powders, an important strategic evolution that rationalizes and unifies under a single brand the activities previously carried out by Piovan Penta and Fea in the sector of solutions for the food industry and industrial ...
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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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