0:57 min
Management
Hotset licenses heater technology from Mold-Masters
As part of their ongoing co-operation, Mold-Masters has licensed Hotset US Patent 7,377,768 for use in their products. This patent allows Hotset to continue to market their products containing integrated heater element and thermocouple circuits in a removable heater sleeve. Terms of ...
3:14 min
Facts & Figures
Amcor announces US$280 million acquisition of Ball Plastics Packaging Americas
The purchase price is US$280 million, which represents four times the last 12 months acquired EBITDA of US$70 million.* The business has five plants in North America and sales of approximately US$600 million. Approximately 50% of the earnings of the business are derived from the ...
1:40 min
Facts & Figures
Cereplast expects to ship 16 million pounds of bioplastics in 2010
Cereplast, Inc. (NASDAQ: CERP) a leading manufacturer of proprietary bio-based, sustainable plastics, announced today that it expects to produce and ship approximately 16 million pounds of their proprietary bio-plastic resins to customers in 2010, representing a 400% increase in ...
1:80 min
Management
Graham Packaging Company announces management changes
Graham Packaging Company Inc. (NYSE: GRM) today announced the following management changes. Ashok Sudan, Executive Vice President and General Manager, Global Food and Beverage, has resigned his position at Graham Packaging effective June 30, 2010. Peter Lennox has been appointed to ...
2:34 min
Management
Australasia organisational changes
Amcor announces today that Mr Eric Bloom, currently President of Amcor Packaging Distribution (formally Amcor Sunclipse) is moving to Australia to take up the newly formed position of Senior Vice President Sales and Marketing Australasia, reporting to Nigel Garrard.Eric has had 15 ...
1:45 min
Management
New in the Greiner Packaging network: Expan
Greiner Packaging aims to take over the plastic packaging producer Expan with its locations in Wernberg (Austria), Rastatt (Germany) and Uzhgorod (Ukraine). In principle the two companies have already been united since 3 May 2010. The takeover needs the approval by the antitrust ...
2:59 min
Management
LyondellBasell emerges from Chapter 11 protection
LyondellBasell today announced that the company has emerged from Chapter 11 bankruptcy protection. The company's Plan of Reorganization was confirmed last week by the United States Bankruptcy Court for the Southern District of New York with the approval of an overwhelming majority ...