The European recycling industry is going to miss a 2025 target for recycling PET bottles unless there is a reversal of the slowing growth rate in recovery, according to a new study by the petrochemical market information provider ICIS. The study also found evidence that regulation has become a greater driver
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Nu‐Vu Conair Pvt. Ltd., one of the leading manufacturers of plastic auxiliary equipment in India, inaugurated its new fabrication facility in Ahmedabad on 8th August, 2019. This facility houses ultra‐modern fabrication machinery such as laser cutting machine, CNC press brake, CNC rolling machine and automatic welding machine. This new initiative is
Read MoreThe Roman public transport company Atac rewards travellers who correctly deliver empty PET bottles. Passengers receive a bonus for each bottle of any size inserted in the special machines provided by Coripet (Consortium for the Recycling of PET) in metro stations. The bonus ends up in the “virtual purse” of the
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In July, Sidel opened their new office in the DLF Cyber City in Gurugram, India, just outside of New Delhi. The office space has been created to serve the many clients the company partners with in the region across the beverage, food, home and personal care industries. “India is an important
Read MoreMorssinkhof-Rymoplast is building a PET processing plant in Markranstädt, in the Leipzig-region in Saxony, Germany. From recycled PET raw material PET granulate will be produced, which will be used for the production of new water bottles and the soft drink industry. This plant is a valuable addition to the existing recycling
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United Caps, an international manufacturer of caps and closures,has been honoured with an IMDA award for Best Technical Achievement: Holographic Closure Technologies, for a holographic in-mould label jointly developed with Morphotonix, a high-tech brand protection company. The In-Mould Decorating Association (IMDA) is a trade association representing moulders, label printers, material suppliers,
Read MoreThe difficult economic conditions and uncertainties such as the unresolved trade conflict between China and the USA increasingly affected Krones’ business in the first half of 2019. After strong growth in the first quarter (by 10.3%), revenue from April to June increased by 0.7% year-on-year. In total, the company’s revenue from
Read MoreSuntory Group’s new company-wide policy focuses on implementing sustainable plastic that promote a recycling-oriented and decarbonised society. Based on this Plastic Policy, Suntory will aim for fully sustainable plastic bottles by expanding “FtoP production” capability and switching to recycled materials or plant-based materials for all PET bottles used globally by 2030.
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Octal, a leading supplier of clear rigid packaging materials, has secured $625 million of banking facilities comprising of syndicated term loan facility of US$ 225 million and working capital facilities aggregating to US$ 400 million in one of the biggest private sector financing deals in Oman of the last decade. The new
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On July 18, Sidel announced the acquisition of Cognac Moules Emballages Plastiques (Comep), a French producer and designer of moulds for PET, adding further strength to the group in the manufacturing of moulds and tooling. Comep was created in 1998 to focus on the design and manufacturing of moulds for PET
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PET Engineering celebrates its first 20 years of activity even if its history began in 1986 when Moreno Barel, former owner and CEO, started acquiring the technical skills and know-how that have become the sturdy foundations of the company since 1999. PET Engineering is now a well-known specialist in packaging design of PET
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