2:20 min
Facts & Figures
Significant growth for Krones in 2011
Sales at Krones, the world’s market leader for beverage filling and packaging technology were up by 14.1 % in the 2011 business year compared to 2010, rising from 2,173.3 to 2,480.3 million euros. Krones has thus overachieved its growth target. At 2,514.0 million euros, the company’s ...
0:14 min
Management
Inventor Detlef Gneuss is looking forward to his 70th birthday
The founder of Gneuss Kunststofftechnik GmbH, Bad Oeynhausen, Germany, Detlef Gneuss, will celebrate his 70th birthday in March 2012. His pioneering spirit and his courage to follow new, unknown paths are the main reasons for the fact that Gneuss Kunststofftechnik has developed ...
2:44 min
Management
BASF acquires extrusion technology from B.C. Foam: PET foams for the wind energy sector
BASF expands portfolio for wind power Strengthened competence for automotive, aeronautics and shipbuilding industriesBASF has purchased the PET foam business of the Italian company B.C. Foam S.p.A., headquartered in Volpiano. The companies have agreed not to disclose the ...
7:16 min
Facts & Figures
La Seda de Barcelona approves a capital increase of 40 million Euros to support its strategic growth and strengthen its balance sheet
This financing will allow the Plastic Packaging Division (APPE) to expand into new markets and to innovate products, materials and services LSB will integrate all its chemical businesses and opens the possibility of incorporating a new strategic partner The Company increases ...
0:20 min
Facts & Figures
Acquisition of 51% Stake in a Packaging Business
Indorama Ventures Public Company Limited (“IVL”) informs that IVL through its indirect subsidiary, Beacon Trading (UK) Limited has acquired 51% stake in Beverage Plastics (Holdings) Limited (“BPL”) in North Ireland, United Kingdom.
4:49 min
Facts & Figures
Amcor announces record profit result for six months ended December 31 2011
Highlights Record profit after tax before significant items of $304.7 million, up 13.9%; Significant items, primarily relating to acquisitions and restructuring activities, were an after tax expense of $99.8 million compared with an after tax expense of $41.3 million in ...
0:39 min
Management
Phillips Plastics Corporation to start the process of changing name to Phillips-Medisize Corporation
Phillips Plastics Corporation today announced that they have started the process of changing their company name to Phillips-Medisize Corporation. This name change is the result of the company’s acquisition of Medisize, Inc. last August.
2:31 min
Management
Lindsay Goldberg is new shareholder of WEENER Plastik AG
As part of the strategic further development and expansion of its business as well as a meaningful succession planning the shareholders of WEENER Plastik AG in Weener/Germany have decided to transfer their shares in the company to Lindsay Goldberg LLC, New York. Lindsay Goldberg LLC ...