Sacmi Group reports €1.7 billion in 2024 revenues, launches first sustainability plan

The Sacmi Group reported revenues of €1.728 billion for the 2024 fiscal year, with net equity surpassing €1 billion for the first time, according to the financial results approved at the Parent Company Shareholders’ Meeting on May 16. The company cited strong fundamentals despite ongoing global economic and geopolitical challenges. Net

Companies Recycling

Chemco and Kandoi form joint venture to launch rPET-based FIBC bag manufacturing facilities in Gujarat

20 May 2025 Gabriele Kosmehl

In a landmark collaboration aimed at redefining sustainable packaging in India, Chemco Group, one of the country’s largest PET converters, and Kandoi Group of Industries, a leader in technical textiles, have announced a strategic joint venture to build two fully integrated greenfield manufacturing facilities in Vapi and Dahej, Gujarat. With a