Petainer UK Holdings announced that it has signed a binding agreement with KKR Credit for a €100 million debt and equity investment. The funding from KKR Credit will be used to refinance the Company’s capital structure and also finance the implementation of the Company’s growth strategy. Next Wave Partners will remain
Read MoreThe bottled water industry celebrates Earth Day by showcasing its efforts and dedication to protecting the environment and natural resources. “In keeping with this year’s Earth Day theme of ‘Trees for the Earth,’ the members of the International Bottled Water Association (IBWA) are continuing their sustainable industry focus through numerous environmental
Read MorePET recycling company Sorepla, Neufchâteau, France had to appear in Epinal Commercial Court on April 19 to judge whether the company could continue its activities. According to French media, the case was postponed to May 10. The company is looking for a buyer since several years. In 2013, the company already
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The editorial team of PETplanet Insider will be on the road again. In cooperation with China Brew China Beverage Show (11-14 October, 2016), the Editourmobil and its team will explore the PET markets of China Starting in May 2016 the Editourmobil will be taken on a tour of about 7,000km throughout
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For the makers of Organic HairSpa, a new range of organic hair care products from Denmark, the packaging had to be as carefully considered as the organic formulas inside. Quadpack Group’s Body Care Collection, together with wooden caps from Technotraf, provided the solution in the form of PET jars. Organic HairSpa’s
Read MoreErema has followed on from its 20% increase in turnover in 2014/15 and, thanks to 5% growth with 122 million euros in the 2015/16 financial year, has achieved the highest turnover in the history of the company. Despite circumstances being economically and politically challenging due to the low oil prices, Erema
Read Moreshow devoted to Industry 4.0- interpack 2017 has recorded the biggest exhibitor demand in its over 55-year history. By the official closing date for registrations for the trade fair for the packaging sector and related processing industries at the end of February 2016, companies had booked about 20% more space than
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Special bottle shapes make high demands of many stretch blow moulders during production. The preferential heating system (PH) developed by the KHS Group enables bottlers to achieve perfect bottle quality with oval bottles in an energy-saving, safe and reliable process. The systems provider offers this option for its InnoPET Blomax Series
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Nigerian Breweries (Heineken Operating Company in Nigeria) commissioned PET Engineering’s team for the extension of their Climax, Amstel Malta and Maltina brands packaging to PET. The order involved a number of restrictions which included the need to use a preform that was readily available on the market to create unique shapes
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Farchioni olii S.p.A., one of Italy’s main producers of typical foods from Umbria oil, wine and flour, chose an independent partner that was easy to interact with to provide self-adhesive or cold-glue labels for glass and PET formats in the olive oil sector. The solution adopted by the company was to
Read MoreChemical producer Indorama Ventures Public Company Limited (IVL) has announced the acquisition of 100% of the Purified Isopthalic Acid, Polyethylene Terephthalate (PET and Purified Terephthalic Acid (PTA) assets of Cepsa Química S.A., a subsidiary of Compañía Española de Petróleos S.A.U. (“CEPSA”) in Guadarranque-San Roque, Cadiz, Spain. The company will be renamed
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