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2022-12-23 0:34 min Management
Sale

Amcor sells factories in Russia

Amcor announced it completed the sale of its three factories in Russia to HS Investments, a Russian-based investor, after receiving all necessary regulatory approvals and cash proceeds, including receipt of closing cash balances. The cash and debt free consideration value is €370 ...
2022-12-21 1:34 min Management
Management

ALPEK announces the start of its CEO'S succession process

José de Jesús Valdez Simancas will be leaving Alpek's CEO position on March 01, 2023, to take on a new role as Senior Advisor at ALFA. Under his leadership, Alpek was transformed into a leading global player with annual revenues of US $10.5 billion. Alpek’s Board of Directors ...
2022-12-21 1:20 min Management
Acquisition

MAAG Pump System AG acquires Witte Pumps & Technology GmbH

MAAG Pump Systems AG announced that it has acquired Witte Pumps & Technology GmbH. Founded in 1984 and based in Tornesch, Germany, Witte Pumps & Technology GmbH develops and manufactures gear pumps and provides aftermarket parts and services for the chemical, plastic and ...
2022-12-20 0:35 min Food, Bottle development and design
Food packaging

Placon introduces new tamper-evident packaging product line made with rPET

With increasing online grocery and curbside food pick-up, food safety is more ...
2022-12-20 1:23 min Management, Staple fibers, fibers, filaments, rPET & PET Flakes
Fusion

GreenTech SA is merging with GreenFiber International

Merger aimed to achieve full consolidation of operations and centralization of management, for greater resource efficiency, reduction of costs and optimization of activities in the PET recycling chain. Following the merger, GreenFiber International was renamed GreenTech, thus ...
2022-12-19 1:35 min Management
Management

WRAP announces appointment of new CEO

Climate action NGO WRAP announces the appointment of Harriet Lamb as its new CEO - Ms Lamb is an experienced CEO including having built the global movement Fairtrade which fights for better conditions and fair prices for smallholder farmers and workers across the developing world.
2022-12-16 0:47 min Management
Management

Borealis appoints Michael Schenk as Vice President Treasury and Funding

Borealis announces the appointment of Michael Schenk as Vice President Treasury and Funding effective 1 January 2023.
2022-12-14 1:20 min Strategies & Market Analysis
Trial

ENGEL launches Pay per Use

ENGEL breaks new ground in injection moulding machine distribution. Blazing a trail ...
2022-12-14 1:34 min CSD, Middle East, Filling and aseptic
Line installation

PepsiCo partner Northern Bottling Company trusts Sidel to install its highest-speed complete PET line

With increasing demand forecast for soft drinks in Pakistan in 2023, PepsiCo partner ...
2022-12-13 0:40 min Management, Labels and sleeves
Acquisition

MCC acquires LUX Global Label

Multi-Color Corporation is pleased to announce its purchase of LUX Global Label, a label solutions company headquartered outside Philadelphia.
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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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