0:34 min
Management
Sale
Amcor sells factories in Russia
Amcor announced it completed the sale of its three factories in Russia to HS Investments, a Russian-based investor, after receiving all necessary regulatory approvals and cash proceeds, including receipt of closing cash balances. The cash and debt free consideration value is €370 ...
1:80 min
Sustainability & Circular Economy
Recognition
SIPA earns a Silver Medal for sustainability from EcoVadis
EcoVadis has awarded PET rigid packaging production technology specialist SIPA a silver medal for the first time. An overall score of 64/100 puts SIPA in the 87th percentile in its sector, special purpose machinery. This is a notable improvement on the score that SIPA obtained ...
1:34 min
Management
Management
ALPEK announces the start of its CEO'S succession process
José de Jesús Valdez Simancas will be leaving Alpek's CEO position on March 01, 2023, to take on a new role as Senior Advisor at ALFA. Under his leadership, Alpek was transformed into a leading global player with annual revenues of US $10.5 billion. Alpek’s Board of Directors ...
1:47 min
Sustainability & Circular Economy
Nexans partners with the Circular Plastics Alliance as part of its move to a circular business model
It’s estimated that by 2050 there will be more plastic than fish in the world’s oceans if proactive steps throughout the plastics supply chain are not taken. Each year, 8 to 12 million tonnes of plastics enter the marine environment. One important way to reduce plastics from ...
1:20 min
Management
Acquisition
MAAG Pump System AG acquires Witte Pumps & Technology GmbH
MAAG Pump Systems AG announced that it has acquired Witte Pumps & Technology GmbH. Founded in 1984 and based in Tornesch, Germany, Witte Pumps & Technology GmbH develops and manufactures gear pumps and provides aftermarket parts and services for the chemical, plastic and ...
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