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2021-08-02 1:10 min Markets and Management, Management
Appointment

Pregis names David Timm president of its blown film operations

Timm will be responsible for delivering operational excellence and growth of Pregis’ blown film and converting operations in the new Anderson, South Carolina facility, as well as the Grand Rapids, Michigan location. The company recently announced a $80 million investment in the new ...
2021-07-30 0:56 min Markets and Management, Management
Investment

Pregis invests $80 million in new film extrusion facility in South Carolina

Pregis, a leading global manufacturer of protective packaging, is announcing a $80 million investment in a new, state-of-the-art blown film extrusion facility in Anderson, South Carolina.
2021-07-29 0:51 min Markets and Management, Management
Acquisition

ALPLA acquires South African packaging manufacturer

The global manufacturer of plastic packaging and recycling specialist, the ALPLA Group, has acquired the manufacturer Verigreen Packaging based in Durban. The company specialises in bottles and canisters for lubricants such as engine oils.
2021-07-29 2:50 min Markets and Management, Management
Acquisition

Avery Dennison to acquire Vestcom

Avery Dennison announced that it has signed an agreement to acquire Vestcom, a privately held market-leading provider of pricing and branded labeling solutions at the shelf-edge for retailers and consumer packaged goods companies, for $1.45 billion in a cash transaction, subject ...
2021-07-27 0:46 min Markets and Management, Management
Appointment

Coperion reorganizes management

Ulrich Bartel has assumed leadership of the Coperion Group as President of Coperion. He succeeds Kimberly K. Ryan, who was appointed Executive Vice President of Hillenbrand, Inc., Coperion’s parent company, on June 2. She and her team have positioned Coperion as a global industry ...
2021-07-21 3:45 min Markets and Management, Facts & Figures
Cash tender offer

San Miguel Industrias PET SA Commences Tender Offer and Consent Solicitation for any and all of the 4.500% Senior Guaranteed Notes Due 2022

San Miguel Industrias PET SA announced that it has commenced a cash tender offer on the terms and subject to the conditions set forth in the Company's Offer to Purchase and Consent Solicitation Statement dated July 20, 2021, for any and all of the outstanding 4.500% Senior ...
2021-07-20 1:30 min Strategies & Market Analysis, Packaging & Application
Acquisition

Faerch acquires MCP and enters the US market

Faerch Group acquires MCP Performance Plastic. The acquisition expands Faerch’s geographical footprint beyond Europe and establishes a presence in the important US market. It is part of Faerch’s long-term growth strategy and underpins the ambition to lead the transition of food ...
2021-07-20 1:80 min Strategies & Market Analysis, Dryers and dehumidifyers
Relocation

Piovan group announces the beginning of the construction works for its new headquarters in Asia

The signing ceremony of the agreement with the local government that will lead to the construction of the new Piovan Group plant in China took place on 15th of July.
2021-07-20 0:44 min Markets and Management, Management
Appointment

Xaloy adds Sales Agent in Austria

Xaloy, a leading manufacturer of plasticizing components for injection and extrusion machinery for the global plastic processing industry, has announced that MEP technische Handels GmbH has become its agent in Austria for Xaloy® core components and will provide sales, technical ...
2021-07-20 1:52 min Markets and Management, Management
Appointment

Chroma Color announces new Chief Executive Officer Shruti Singhal

Chroma Color Corporation, leading formulator and supplier of specialty color and additive concentrates and IR absorbing and modifying dyes with an extensive manufacturing footprint throughout the United States, has appointed Shruti Singhal as Chief Executive Officer and member of the ...
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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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