1:10 min
Facts & Figures
Call
EuPC: High energy costs badly affect plastics converters in Europe
Several European Plastics Converters are at risk due to the high Energy prices.
Converters like many other energy-intensive industries, are shocked by the dramatic increase in electricity and gas prices. Although some companies have so far been able to avoid a cost increase due to ...
0:50 min
Management
Appointment
New Managing Director at ENGEL Machinery India
On 1 August 2022, Stalinjose Selvanayagam, previously the Sales Director with ENGEL Machinery India Pvt. Ltd., has taken up his position as Managing Director of the sales and service subsidiary of Austrian injection moulding machine manufacturer and system solutions provider ENGEL in ...
1:58 min
Management
Acquisition
INVL Baltic Sea Growth Fund-backed PET Baltija completes the acquisition of TESIL Fibres
PET Baltija has completed the acquisition of 100% of shares of a leading Czech fibre producer TESIL Fibres, a spin-off of SILON. This transaction is set to increase PET Baltija's annual turnover by more than 50% and ensure the production of higher value-added products by the company.
1:51 min
Management
New manufacturing line
Coke Canada Bottling to invest $34 million in Lachine manufacturing facility
Coca-Cola Canada Bottling Limited announced the company is making a capital investment of $34 million in its manufacturing facility in Lachine to help meet the growing demand for more local products given the positive momentum it's experiencing in Eastern Canada, ...
2:33 min
Management
Company takeover in Eastern Europe
Greiner Packaging buys Serbian PET flake producer ALWAG
In acquiring a Serbia-based producer of PET flakes, Greiner Packaging is broadening its portfolio of businesses and adding the first recycling company to the group. The purchase of ALWAG, which will be renamed Greiner Recycling d.o.o., sees Greiner expand its business model by ...