The growth in rPET usage is driven by a heady combination of legislation and consumer demand. The global rPET market was valued at USD 13159.36 m in 2022 and is expected to see a nearly 7% CAGR, bringing it to USD 19736.88 m by 2028. This, together with the recent study that shows
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ProMach, well-known for its processing and packaging machinery, announced that it has acquired MBF, a producer of bottle-filling and closing machines for distilled spirits around the world. The addition of MBF further expands ProMach’s bottle-filling and closing capabilities and represents the company’s second acquisition in the Italian market this year. Founded
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Without a doubt, the NPE was the most important event for the global plastics processing industry this spring. To enrich the visit to the fair, the PETplanet team organised a three-day conference. As a special edition of the PETinars, PETplanet put together a varied and comprehensive programme on the event stage
Read MoreThe independent investment subsidiary of Investindustrial VIII acquires Piovan Group, a global manufacturer of auxiliary machineries and solutions for processing automation. Investindustrial VIII has entered into a sale and purchase agreement that will trigger a mandatory tender offer to ultimately delist the company. After the mandatory tender offer, Investindustrial will own
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For the last six months, the GreenDot Group and Shell Chemicals Europe B.V., a subsidiary of Shell, have been exploring ways to collaborate to try to deliver additional business outcomes across circular chemicals and polymers for Europe. These discussions have now resulted in GreenDot supplying pyrolysis oil to Shell Chemicals Europe
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China Resources C’estbon Beverage Co. Ltd (C’estbon Beverage), China’s top two bottled water brand, has chosen Sidel’s complete line packaging solution to help deliver its expansion in big format water production. Featuring Sidel’s newest EvoBlow XL blower in a Combi configuration, the new lines can produce 12,000 4.5l or 6l bottles
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The organisers of the world’s largest trade fair for plastics recycling, PRSE (Plastics Recycling Show Europe) and PRS ME&A (Plastics Recycling Show Middle East & Africa), are staging the first Plastics Recycling Show India (PRSI). PRSI will take place at the Bombay Exhibition Centre in Mumbai, India, on 4-6 December 2024.
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PEF (polyethylene furanoate) is a novel polyester, produced from 100 % plant-based raw materials. It is recyclable and is regarded as the packaging material of the future, particularly in the food and beverage sector but also for textiles and more. That is why the trade magazine Renewable Carbon Plastics (previously knowns
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Qual-IS is the new solution by Sidel to merge all activities related to quality control – laboratory, traceability, and sampling – in a digitally, intelligent and integrated way. This approach to quality management, focusing on driving quality rather than simply monitoring it. Over 80% of grocery companies define a financial risk
Read MoreDow (NYSE: DOW) announced it has signed an agreement to acquire Circulus, a leading recycler of plastic waste into post-consumer resin (PCR). This transaction includes two facilities, one in Ardmore, Oklahoma, and another in Arab, Alabama, with a total capacity of 50,000 metric tons per year. Dow expects the transaction to
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Starlite-R Nitro has a distinctive ‘wave’ bottle base design for still beverages and edible oils in contrast with traditional petaloid shapes and is 100% compatible with recycled PET. It has also undergone testing within industrial conditions to guarantee top bottle resilience and quality. Laurent Naveau, Packaging Innovator Leader at Sidel, comments:
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