Month: September 2020

Capping / ClosuresMaterials

Borealis and Menshen launch new packaging closures made of post-consumer recycled resin

Borealis and Menshen, a leading specialist for plastic closures and packaging systems, have collaborated on a series of 10 packaging closures based on Borcycle, an evolving recycling technology which transforms polyolefin-based waste streams into value-adding versatile solutions. Borcycle is used to manufacture a range of compounds made of recycled polyolefins (rPO)

Read More
Bottles / Bottle MakingCompanies

Manjushree Technopack acquires Pearl Polymers Limited

Manjushree Technopack Limited (MTL), India’s largest rigid plastics packaging company backed by Advent International, announced entering into a Business Transfer Agreement with Pearl Polymers Limited for acquiring the commercial operations and manufacturing facilities of their B2B vertical. This transaction is subject to customary closing conditions and regulatory approvals. With over 40

Read More
Capping / ClosuresMaterials

Alpek announces M&G Mexico’s restructuring plan has been approved

Alpek, S.A.B. de C.V. announced that the financial restructuring agreement between M&G Polímeros México, S.A. de C.V. and the majority of its creditors, including certain Alpek subsidiaries, has been approved on a definitive basis by the Mexican bankruptcy court. This approval would conclude the pre-agreed bankruptcy proceedings (“concurso mercantil preacordado”) initiated

Read More