1:40 min Management
Investment
VPET USA, LLC establishing operations in Spartanburg County
VPET USA, LLC, a leading manufacturer of wide-mouth PET bottles and containers, announced plans to establish operations in Spartanburg County. The company’s $10.8 million investment will create 40 new jobs.
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2:33 min Management
Company takeover in Eastern Europe
Greiner Packaging buys Serbian PET flake producer ALWAG
In acquiring a Serbia-based producer of PET flakes, Greiner Packaging is broadening its portfolio of businesses and adding the first recycling company to the group. The purchase of ALWAG, which will be renamed Greiner Recycling d.o.o., sees Greiner expand its business model by ...
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1:20 min Management
Appointment
Kilian Braunsdorf becomes CEO of PACCOR
Kilian Braunsdorf has been appointed Chief Executive Officer (CEO) of PACCOR, one of the leading global players in the plastic packaging industry. He succeeds Andreas Schuette, who steps down from his role with today’s completion of the acquisition of PACCOR by the Faerch Group. ...
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1:35 min Sustainability & Circular Economy
Study
The Ocean Cleanup: Over 75% of plastic in Great Pacific Garbage Patch originates from fishing
Study in ‘Scientific Reports’ indicates 75% to 86% of GPGP plastic attributable to offshore fishing and aquaculture activities Majority of GPGP fishing gear originates from the US, China, Japan and the Korean Peninsula Results emphasize the essential role of the fishing industry ...
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