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2022-02-15 2:10 min Strategies & Market Analysis
Acquisition

Apollo Funds to acquire majority stake in Novolex

Apollo (NYSE: APO) and Novolex Holdings LLC (“Novolex” or the “Company”), a leading global manufacturer of diverse packaging products for the foodservice, delivery and carryout, food processor and industrial markets, announced that funds managed by Apollo affiliates (the “Apollo ...
2022-02-15 0:50 min Strategies & Market Analysis
Review

Direct Pack: 2021 - Another record year of recycled PET

In 2021, Direct Pack, Inc. and its BOTTLEBOX® brand had another record year in using post-consumer recycled PET material: saving 46.9 million pounds of plastic from ending up in landfills and the ocean and making its way into their products. That is equivalent to using ...
2022-02-15 1:50 min Strategies & Market Analysis
Research

Qenos and Cleanaway join forces in Australian Plastic-to-Plastic Advanced Recycling feasibility study

Australia’s largest plastics manufacturer Qenos and the nation’s leading waste management company, Cleanaway have signed a Memorandum of Understanding to undertake a joint feasibility study for plastic-to-plastic advanced recycling in New South Wales and Victoria.
2022-02-15 4:26 min Facts & Figures, Plastic recycling systems
Review

Bühler strengthens market positions in 2021

Innovations in new products, services, and applications resulted in even stronger ...
2022-02-14 0:40 min Management
Acquisition

Quvadec NV acquires a 57.51% stake in Resilux NV

Resilux NV has been informed by Quva NV and the members of the De Cuyper family and their affiliates that Quva NV, via a subsidiary named Quvadec NV, has acquired all shares in Resilux held by the De Cuyper Family (in total 57.51% of the issued shares).
2022-02-10 2:17 min Strategies & Market Analysis, rPET & PET Flakes
Strategies

$200 Million in investment, multiple acquisitions make Evergreen among the three largest producers of Food Grade rPET in North America

Evergreen, a plastics recycling and manufacturing company owned by The Sterling Group, is heading into 2022 as one of North America’s three largest producers of food grade recycled polyethylene terephthalate (rPET) thanks to millions invested in strategic acquisitions and upgrades.
2022-02-09 1:10 min Strategies & Market Analysis
Review

ALPLA group continues international growth trajectory

The ALPLA Group, the global packaging solutions and recycling specialist, increased ...
2022-02-06 1:20 min Management
Management

ALPLA: Bernd Wachter is the new Corporate Director of Circular Economy in Asia

Bernd Wachter is taking on the newly created position of corporate director of ...
2022-02-03 2:10 min Management, Bottle development and design
Paper Bottles

HP Inc. Acquires Choose Packaging

Transaction supports HP’s strategy to disrupt strategic vertical markets and drive ...
2022-02-03 2:14 min Management, Sheets & Films
PET Sheet Business

Alpek signs agreement to acquire Octal

Alpek announced that it has signed an agreement to acquire OCTAL Holding SAOC. This ...
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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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