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2024-12-18 1:70 min Management
Agreement

Sonoco completes strategic review, announces agreement to sell Thermoformed and Flexibles Packaging (TFP) Business to TOPPAN Holdings Inc.

Sonoco Products Company, a comopany in high-value sustainable packaging, announced it has entered into an agreement to sell its Thermoformed and Flexibles Packaging business (“TFP”) to TOPPAN Holdings Inc. (“Toppan”) for approximately $1.8 billion on a cash-free and debt-free basis ...
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2024-12-18 1:70 min Management
Agreement

Sonoco completes strategic review, announces agreement to sell Thermoformed and Flexibles Packaging (TFP) Business to TOPPAN Holdings Inc.

Sonoco Products Company, a comopany in high-value sustainable packaging, announced it has entered into an agreement to sell its Thermoformed and Flexibles Packaging business (“TFP”) to TOPPAN Holdings Inc. (“Toppan”) for approximately $1.8 billion on a cash-free and debt-free basis ...
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2024-12-18 1:20 min Management
Acquisition

TOPPAN Holdings acquires Sonoco’s TFP Business

Agreement reached on acquisition of Sonoco’s TFP business as TOPPAN Group accelerates expansion of sustainable packaging business in Americas.
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2024-12-17 0:58 min Mineral water, Bottle development and design
Large bottle production

SIPA: How to enhance affordability and sustainability in large PET bottles production

SIPA's Research & Development team has engineered a groundbreaking ...
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2024-12-16 1:33 min Management
Transfer

Planned transaction: KraussMaffei Group to receive equity from Sinochem

Sinochem takes the next step in its planned debt-to-equity conversion. CNCE Lux, the parent company of the KraussMaffei Group, is to be transferred to CNCE Group (Hong Kong) Co., Limited, which is a company of Sinochem and will hold 90,76 percent of the shares. As a result, the ...
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2024-12-16 0:58 min Cosmetics & Medical
Recognition

PET One-Material Blister (OMB) from Liveo Research AG receives recycling certification

Liveo Research AG’s One-Material Blister (OMB) made of polyethylene terephthalate ...
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2024-12-13 1:50 min Management, Injection moulding systems
Expansion

New office and production building in Gdansk: TMA AUTOMATION Sp. z o.o., a subsidiary of the ENGEL Group, has begun construction of a modern office and production building in Gdansk, Poland.

The ENGEL Group subsidiary, TMA AUTOMATION Sp. z o.o., has begun construction of a ...
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2024-12-13 0:33 min Management, Asia Pacific
Expansion

SMI strengthens its presence in Türkiye

SMI has opened a new branch in Istanbul, in Türkiye, thus consolidating its own presence in a constantly growing market. More precisely, the offices of the new branch are based in the Asian part of the city, in the district of Maltepe, only minutes from the airport.
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2024-12-13 2:21 min Management, Europe
Financing

Loop Industries completes convertible preferred financing with Reed Societe Generale Group and sells first technology license for an Infinite Loop manufacturing facility in Europe

Loop Industries has secured €10 million through a convertible preferred security financing with Reed Societe Generale Group, a European investment firm majority-owned by the bank Societe Generale. Additionally, as part of the Reed Societe Generale Group transaction, Loop has ...
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2024-12-10 0:21 min Management
Renewal

Restart of Ioniqa in a world demanding sustainable plastic solution

“Today we announce that Ioniqa is making a restart,” says founder Tonnis Hooghoudt.
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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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