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2025-02-20 3:11 min Facts & Figures
Review & Outlook

Krones improved all key financial figures in 2024 – Executive Board forecasts continuation of profitable growth in 2025

Krones increased revenue in 2024 by 12.1% year on year to €5,293.6 million. Due to customers’ continued willingness to invest, Krones increased its order intake compared to the previous year’s high level by 1.6% to €5,460.7 million. At €4,289.5 million as of the end of 2024, the ...
2025-02-18 1:38 min Management
Management

ILLIG packaging solutions GmbH: Change in the management team

Matthias Holder succeeds Jürgen Lochner as CSO/CTO of thermoforming and packaging ...
2025-02-17 2:52 min Facts & Figures
Review

Bühler reports good performance in 2024

In 2024, Bühler increased its profitability reaching an EBIT of CHF 227 million and an EBIT margin of 7.6%. Equity ratio improved to 52.8%. The company further strengthened its financial stability with improved cash flow and increased liquidity. In a challenging market environment, ...
2025-02-12 1:56 min Mineral water, Sustainability & Circular Economy, Conveying & Transportation
Multi Pack Packaging

VILSA: Adhesive dots replace shrink wrap for six-packs

VILSA is the first German beverage company to replace shrink wrap with adhesive dots ...
2025-02-12 2:10 min Management, Asia Pacific
Expansion

ALPLA opens new plant in Thailand

ALPLA is expanding in the fast-growing Asia-Pacific region and opening a second ...
2025-02-12 1:32 min Management, Sustainability & Circular Economy, Biobased Material
Partnership

Avantium and Amcor Rigid Packaging partner to advance more sustainable packaging with plant-based polymer Releaf®

Avantium has signed a joint development agreement with Amcor Rigid Packaging USA. ...
2025-02-10 0:59 min Management, Enzymatic recycling
Support

CARBIOS is pleased that the European Commission has authorised the ‘Circular Economy’ State aid scheme

A significant step towards the payment to CARBIOS of grant subsidies validated by ADEME and the Grand Est Region, totalling €42.5m, for the construction of the CARBIOS Longlaville biorecycling plant in France CARBIOS has reaffirmed its objective of building its PET biorecycling ...
2025-02-07 1:49 min Management
Appointment

New President of UNESDA Soft Drinks Europe: Andrew McMillin, The Coca-Cola Company

UNESDA Soft Drinks Europe, the European trade association representing the soft drink industry, is pleased to announce the appointment of Andrew McMillin, President of Western Europe Operations at The Coca-Cola Company, as the new President of the association.
2025-02-06 2:16 min Facts & Figures
Investment

Bain Capital announces majority investment in Milacron

Investment to accelerate Milacron’s growth and strengthen its position as a global leader in highly engineered plastic processing solutions. Milacron’s comprehensive suite of equipment offerings and services enables the production of everyday products used across the construction, ...
2025-02-05 1:32 min Management
Management

NAPCOR appoints Srinivasan “Shankar” Prabhushankar as New Technical Director

The National Association for PET Container Resources (NAPCOR) is pleased to announce the appointment of Srinivasan “Shankar” Prabhushankar as its new Technical Director, effective February 3, 2025. Shankar, who recently retired from Indorama Ventures after 22 years with the company, ...
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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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