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2022-02-25 2:20 min Sustainability & Circular Economy
Reusable packaging

Kroger's Fred Meyer stores launch Loop in Portland, Oregon metro

The Kroger Co., America's largest grocery retailer, and Loop, the circular reuse ...
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2022-02-24 2:31 min Facts & Figures
Facts & Figures

Krones significantly increases revenue, order intake and profitability in 2021

Krones recovered very well in 2021 from the pandemic-related recession in 2020. The company improved revenue by 9.4% to €3,634.5 million. Order intake increased by 30.5% and reached an all-time record level of €4,316.2 million. Krones significantly improved profitability. The ...
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2022-02-23 3:44 min Strategies & Market Analysis, Sustainability & Circular Economy, Enzymatic recycling
Partnership in Bio Recycling

Carbios and Indorama Ventures to build in France its first-of-a-kind manufacturing plant for fully bio-recycled PET

The plan for the reference plant is to be operational in 2025 /1/ in France (Longlaville) with a processing capacity of 50.000 tons of PET /2/ waste per year and creating 150 direct and indirect new jobs. Indorama Ventures, the world’s largest producer of recycled PET for beverage ...
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2022-02-23 1:27 min Sustainability & Circular Economy
Waste recovery

The RepescaPlas Project develops a management and recovery system for plastics recovered from the sea by the end of its fourth year

AIMPLAS has now completed the fourth and final year of the RepescaPlas Project, ...
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2022-02-23 3:43 min Sustainability & Circular Economy
Report

Henkel: Strong sustainability performance in 2021 and new ambitions set for 2030 and beyond

Strong performance and improvements across key dimensions in 2021 Evolved sustainability strategy: 2030+ Sustainability Ambition Framework Introducing new ambitions, including moving up climate positivity in production from 2040 to 2030
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2022-02-23 2:28 min Management
Acquisition

Celanese to acquire majority of DuPont’s Mobility & Materials business

Acquisition expected to generate approximately $450 million of synergies and be immediately accretive to adjusted EPS Acquisition expected to drive significant expansion of free cash flow and swift deleveraging with total debt below 3.0x EBITDA within two years of closing
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2022-02-23 3:00 min Biobased Material
Emission reduction

Life Cycle Assessment shows: Avantium’s plantMEG™ cuts carbon footprint by up to 83% over fossil-based MEG

Avantium recently conducted a third party and critically reviewed Life Cycle Assessment (LCA) study on the environmental impacts of its plantMEG™ (monoethylene glycol), from its Ray Technology™. The LCA shows a greenhouse gas (GHG) emission reduction of up to 83% over the life cycle ...
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2022-02-23 2:35 min Management
Acquisition

KKR to acquire majority stake in Refresco

Refresco Group, one of the largest independent beverage contract manufacturers, and KKR, a leading global investment firm, announced that KKR has signed a definitive agreement to acquire a majority stake in Refresco, with Refresco’s existing investors, PAI Partners and British ...
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2022-02-22 0:56 min Strategies & Market Analysis
Principles

APR launches Global Design Guidance Platform

The Association of Plastic Recyclers (APR) launched the APR Global Design Catalog, a comprehensive resource to access the most current plastic packaging recyclability guidelines for countries and regions around the world.
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2022-02-22 2:10 min Conveying & Transportation
Wrap-around packaging system

Grisi Hermanos chooses the LWP 30 ERGON case packer by SMI

For Grisi Hermanos, Mexican company leader in health, beauty and personal hygiene ...
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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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