2:43 min
Facts & Figures
La Seda de Barcelona records a pre-tax profit of 1.4 million euros in the second quarter of the year
La Seda de Barcelona (LSB) has reported turnover of 577 million euros for the first half of the year, which represents an increase of 22% compared to the figures for the same period in 2010. The book EBITDA has increased by 14.4%, to 34.7 million euros, while recurring EBITDA is 36.8 ...
3:70 min
Facts & Figures
ECO Plastics raises £24m to drive expansion
ECO Plastics, Europe’s leading plastic bottle recycler, has raised £24m to drive expansion plans at its Hemswell recycling facility. The funds provide a solid financial platform for the company’s exciting expansion plans, including their joint venture with Coca-Cola Enterprises - ...
2:13 min
Management
Business merger announcement: Phillips Plastics Corporation to acquire 100% of the shares of Medisize Corporation
Medisize Corporation has announced today the decision of Phillips Plastics Corporation to acquire Medisize Corporation. Phillips Plastics Corporation is a global leader in design, engineering and manufacturing for the medical, consumer, defense and automotive industries. The ...
3:70 min
Facts & Figures
Petcore and EuPR publish PET collection figures for 2010 - European PET bottle collection increases by more than 6%
Blowmoulding outlets grew with more than 25% of the resulting RPET, or nearly a quarter on a million tonnes, used to produce containers in 2010. The 2010 share of fibres as an end use for recycled PET flake decreased to 39% although the overall tonnage rose slightly. The strapping ...
2:25 min
Facts & Figures
Casey Container signs binding $4 million equity Funding Agreement for its PET biodegradable plastics preforms production facilities
Casey Container Corp. (OTCQB: CSEY) (OTCBB: CSEY) (www.caseycontainer.com) has signed a binding $4 million equity Funding Agreement to build biodegradable PET plastics preforms and bottling production facilities. The $4 million will be funded in tranches over a twelve-month period. ...
1:17 min
Management
Rexam agrees to sell Closures for $360m
Rexam PLC, the global consumer packaging company, announces that it has agreed to sell its beverage and speciality closures business (“Closures”) to Berry Plastics for $360m in cash, subject to certain asset adjustments. Completion is expected in Q3 2011 and is conditional on ...
4:14 min
Management
Graham Packaging Company to be acquired by Reynolds Group Holdings Limited
Graham Packaging Company Inc. (NYSE: GRM) today announced the signing of a definitive merger agreement, and an amendment thereto, under which Graham Packaging will be acquired by Reynolds Group Holdings Limited in an all-cash transaction for $25.50 per share, or a total of ...
1:26 min
Facts & Figures
Record orders again for EREMA thanks to existing and many new customers
EREMA, the Austrian manufacturer of plastic recycling systems, ended its 2010/2011 fiscal year on 31 March this year once again with record figures: consolidated sales achieved by the EREMA Group – comprising EREMA Engineering Recycling Maschinen und Anlagen Ges.m.b.H., Ansfelden ...
