1:16 min Markets and Management, Management
Appointment

Chroma Color is pleased to announce Wayne Comeau, Bob Mann and Tony Tanner have joined the sales team

Chroma Color Corporation, a leading specialty color and additive concentrate supplier in the plastics marketplace with an extensive manufacturing footprint throughout the United States, is pleased to announce Wayne Comeau, Bob Mann and Tony Tanner have joined the sales team.
2:35 min Markets and Management, Facts & Figures
Acquisition

Carbios strengthens its position in polymer biodegradation technologies with acquisition

Under the terms of the shareholders pact (1), Carbios acquisition of the SPI Fund’s stake in Carbiolice took place on June 3rd, 2021, for €17.9 million, closing five years of collaboration with the SPI Fund operated by Bpifrance Investissement By holding 100% of Carbiolice’s ...
0:38 min Markets and Management, Management
Management

PET Engineering and COMEP become Competek

COMPETEK-Sustainable Packaging Solutions is the new player in the international packaging industry. Born from the synergy between PET Engineering and COMEP, aiming to provide Food, Beverage and homecare packaging manufacturers with a sustainable and efficient product line.
0:58 min Markets and Management, Management
Acquistion

Evergreen to acquire CarbonLite’s PET recycling facility in Riverside, California

Evergreen, the PET recycling division of Greenbridge, has announced its intent to acquire CarbonLite’s PET recycling facility in Riverside, California, in a deal that will significantly enhance the company’s position as a leading PET recycler and manufacturer of food-grade RPET. The ...
1:15 min Markets and Management, Management
Appointment

Avient hires Dr. Vinod Purayath as Chief Technology Officer

Avient Corporation, a leading provider of specialized and sustainable material solutions, has announced that Dr. Vinod Purayath has joined the company as Senior Vice President and Chief Technology Officer.
1:28 min Markets and Management, Management
Recycling capacity

PolyQuest to expand South Carolina recycling facility for the eighth time

PolyQuest, Inc., distributor of PET resins and manufacturer of recycled PET resins in North America, announces the expansion of their facility in Darlington, South Carolina.
1:17 min Markets and Management, Facts & Figures
Month in Charts - a Service by SBAcci

Global PET Supply/Demand 2020 - 2025

The current edition of PETnology's "Month in Charts" series - a service from SBAcci ...
2:11 min Strategies & Market Analysis, Chemical recycling
Investment

European plastics manufacturers plan 7.2 billion Euros of investment in chemical recycling

PlasticsEurope announces a significant increase in planned chemical recycling investment: from 2.6 billion Euros in 2025 to 7.2 billion Euros in 2030. To further accelerate investments in this key technology and the transition towards a circular economy, PlasticsEurope calls for a ...
1:80 min Markets and Management, Facts & Figures
New PET resin manufacturing facility

Indorama Ventures increases capacity in India with strategic investment in its Nagpur manufacturing plant

Indo Rama Synthetics (India) Limited (IRSL), a subsidiary of global petrochemical producer Indorama Ventures Public Company Limited (IVL), will spend up to INR 6 billion (USD 82M) upgrading equipment and adding capacity at its manufacturing site in Nagpur, India. The capital ...
1:70 min Markets and Management, Management
Appointment

KraussMaffei appoints Jörg Bremer as new Chief Financial Officer

Bremer will also become a member of the KraussMaffei Group Management Board - KraussMaffei has appointed Jörg Bremer (44) as new Chief Financial Officer (CFO) of the KraussMaffei Group and the Shanghai-listed KraussMaffei Company Limited (KMCL), effective July 1, 2021.