2:31 min Facts & Figures
Facts & Figures

Krones significantly increases revenue, order intake and profitability in 2021

Krones recovered very well in 2021 from the pandemic-related recession in 2020. The company improved revenue by 9.4% to €3,634.5 million. Order intake increased by 30.5% and reached an all-time record level of €4,316.2 million. Krones significantly improved profitability. ...
3:44 min Strategies & Market Analysis, Sustainability & Circular Economy, Enzymatic recycling
Partnership in Bio Recycling

Carbios and Indorama Ventures to build in France its first-of-a-kind manufacturing plant for fully bio-recycled PET

The plan for the reference plant is to be operational in 2025 /1/ in France (Longlaville) with a processing capacity of 50.000 tons of PET /2/ waste per year and creating 150 direct and indirect new jobs. Indorama Ventures, the world’s largest producer of recycled PET for beverage ...
2:28 min Management
Acquisition

Celanese to acquire majority of DuPont’s Mobility & Materials business

Acquisition expected to generate approximately $450 million of synergies and be immediately accretive to adjusted EPS Acquisition expected to drive significant expansion of free cash flow and swift deleveraging with total debt below 3.0x EBITDA within two years of closing
2:35 min Management
Acquisition

KKR to acquire majority stake in Refresco

Refresco Group, one of the largest independent beverage contract manufacturers, and KKR, a leading global investment firm, announced that KKR has signed a definitive agreement to acquire a majority stake in Refresco, with Refresco’s existing investors, PAI Partners and British ...
0:56 min Strategies & Market Analysis
Principles

APR launches Global Design Guidance Platform

The Association of Plastic Recyclers (APR) launched the APR Global Design Catalog, a comprehensive resource to access the most current plastic packaging recyclability guidelines for countries and regions around the world.
2:59 min Strategies & Market Analysis, Biobased Material
Data

Life Cycle Assessment study demonstrates the potential of Avantium’s FDCA and PEF technology to curb global warming

Avantium N.V., a leading technology company in renewable chemistry, has published Life Cycle Assessment (LCA) data for its bottles made from PEF (polyethylene furanoate): a plant-based, fully recyclable plastic material with superior performance. nova-Institut GmbH recently completed ...
1:32 min Strategies & Market Analysis, Sustainability & Circular Economy
Packaging strategy

Tesco removes one and a half billion pieces of plastic

Tesco has now removed more than one and a half billion pieces of plastic from its UK ...
3:10 min Strategies & Market Analysis
Programme

Borealis: Project STOP Muncar reaches economic autonomy and hands over the programme to the city government

Project STOP Muncar provides waste collection to 90,000 people, created 110 new ...
1:59 min Strategies & Market Analysis
Circular Economy

Werner & Mertz: Current study by ETH Zürich shows plastic industry's impact on environment

According to a study made by ETH Zürich, the plastics industry was responsible in 2015 for 1.6 billion tons [1] of global Greenhouse Gas (GHG) emissions, with the largest portion (about 96 percent) resulting from the production of plastic. Analysts came to that alarming conclusion ...
1:35 min Management
Appointment

Kraft Heinz announces changes to its Board of Directors

The Kraft Heinz Company announced that after years of distinguished service ...