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2021-06-15 2:43 min Global themes, Sustainability & Circular Economy
Environmental Efforts

Corona becomes first global beverage brand to achieve a net zero plastic footprint globally

The achievement is another step in Corona's long-term aim to leave no plastic in ...
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2021-06-15 1:30 min Markets and Management, Management
Acquisition

Indorama Ventures completes acquisition of CarbonLite’s Texas PET Recycling Facility

Indorama Ventures (IVL), a global chemicals producer, has completed its acquisition of CarbonLite Holdings’ facility in Texas as part of the company’s commitment to increasing PET recycling capacity.
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2021-06-14 2:26 min Markets and Management, Management
Acquisition

Clariant completes its divestment program by reaching agreement to divest its Pigments business

Definitive agreements signed by a consortium of Heubach Group and SK Capital Partners to acquire Clariant’s Pigments business Enterprise Value of CHF 805 million to CHF 855 million, representing a 10.7x to 11.4x stand-alone adjusted EBITDA multiple per April 2021 (LTM) depending ...
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2021-06-14 3:58 min Recycling & Compounding, Sorting and collection
Plastic sorting solution

TOMRA Recycling and Masotina: Highly targeted plastic sorting boosts recycling volumes and purity

Based in Corsico in the Lombardy Region of Italy, MASOTINA operates one of Europe’s ...
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2021-06-14 0:56 min Markets and Management, Management
Expansion

Indorama Ventures drives innovation with new IOD research center at The Woodlands, Texas

Indorama Ventures Public Company Limited (IVL), a global petrochemical producer, has started developing a new technology center under its Integrated Oxides & Derivatives (IOD) business at The Woodlands, Texas. The new facility will be the company’s U.S. research and development ...
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2021-06-14 1:22 min Markets and Management, Management
PET Recycling

Veolia opens the first recycling plant for PET returnable bottles in Norway

On 9 June 2021, Veolia opened the first recycling plant in Norway for returnable PET bottles. "The system shows that we are at the forefront of the world, and I am looking forward to further steps towards the circular economy," said Finance Minister Sanner, praising the system after ...
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2021-06-11 1:59 min Global themes, Sustainability & Circular Economy
Prototype

Jabil packaging solutions launches VITTEL® hybrid bottle

Jabil Packaging Solutions, a division of Jabil Inc., launched its latest packaging prototype: the Eco.bottle® product platform for VITTEL®, a leading mineral water brand in Europe from the water division of Nestlé.
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2021-06-11 1:31 min Global themes, Sustainability & Circular Economy
rPET containers

Waddington Europe and Produce Packaging start the switch to 100% rPET containers for the soft fruit season

Waddington Europe, a division of Novolex®, has joined forces with its longstanding ...
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2021-06-09 1:59 min Global themes, Sustainability & Circular Economy
Repackaging

Suntory Beverage and Food GB&I invests £6m to support recycling of Lucozade

Millions are being invested to ensure that the Lucozade Sport bottle is only made ...
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2021-06-09 1:46 min Markets and Management, Management
Growth

Penn Color explores expansion opportunities in Asia

Penn Color, Inc., has announced plans to increase its presence in Asia. The decision is based on its strategy to support global customers around the world, and bring the “Penn Color experience” and Penn Color products to the region.
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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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