1:40 min Management
Investment

VPET USA, LLC establishing operations in Spartanburg County

VPET USA, LLC, a leading manufacturer of wide-mouth PET bottles and containers, announced plans to establish operations in Spartanburg County. The company’s $10.8 million investment will create 40 new jobs.
2:14 min Management
Growth

MULTIVAC Australia expands its sales capacity in Queensland

Australia is one of the most rapidly growing markets for packaging machines and ...
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 ...
1:20 min Management
Appointment

Kilian Braunsdorf becomes CEO of PACCOR

Kilian Braunsdorf has been appointed Chief Executive Officer (CEO) of PACCOR, one of the leading global players in the plastic packaging industry. He succeeds Andreas Schuette, who steps down from his role with today’s completion of the acquisition of PACCOR by the Faerch Group. ...
3:20 min Facts & Figures
Alternative PET application

Study: Making nanodiamonds out of bottle plastic

An international team headed by the Helmholtz-Zentrum Dresden-Rossendorf (HZDR), the ...
1:20 min Management
Alliance

Selenis makes a strategic alliance with Entec Ravago Group to distribute its line of products

Selenis, a subsidiary of the IMG Group, is a Portuguese company present in the polymer industry since 1959 and a pioneer in PET extrusion. The company has joined a strategic alliance with Entec Polymers (a Ravago Group company) to distribute its line of products in the ...
0:55 min Management
Acquisition

Hillenbrand completes acquisition of herbold meckesheim, expanding customer offering for complete recycling solutions

Advances Hillenbrand's long-term growth strategy into key end market of recycling Highly complementary technologies to Coperion branded products Enhances offering of complete recycling solutions and provides compelling cross-selling opportunities Expected to be accretive to Adj. ...
1:16 min Management
Expansion

Brückner Group Asia-Pacific officially opened

The new platform company in Thailand strengthens the presence of all Brückner Group ...
1:17 min Management
Appointment

Guenther Klammer new CTO of Next Generation Recyclingmaschinen GmbH (NGR) as of August 16, 2022

As of August 16, 2022, Dipl.-Ing Guenther Klammer is responsible for the research and technical developments of Next Generation Recyclingmaschinen GmbH as the new technical manager (CTO). With this reinforcement in the management, the team of plastics recycling machine specialists ...
2:10 min Strategies & Market Analysis
Report

Avantium First Half 2022 Results: Avantium begins the construction of its FDCA flagship plant and signs additional offtake agreements

Avantium reports its 2022 half year results. Tom van Aken, Chief Executive Officer comments: “We have made significant positive strides across our business over the last six months. We are very pleased that we have started constructing the world’s first commercial facility for the ...