Swire Coca-Cola Limited, a wholly-owned subsidiary of Swire Pacific Limited, announced that it has reached a definitive agreement to acquire Coca-Cola subsidiaries with bottling businesses in Vietnam and Cambodia. The transactions will be Swire Coca-Cola’s first investments in South East Asia, giving Swire Coca-Cola a leading position in one of the
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Indorama Ventures Public Company Limited (IVL), a global chemical company, announced that construction of an integrated PTA-PET plant in Corpus Christi, Texas, will resume in August this year. Corpus Christi Polymers LLC (CCP), a partnership between three companies, is expected to begin production in 2025 and is intended to ensure continued
Read morePepsi Bottling Ventures LLC announced a $35 million investment to install a new state-of-the-art bottling line at its production facility in Winston-Salem, N.C., USA. The line will improve efficiencies in the company’s manufacturing operations by optimising production capacity for some of the bottler’s largest growing brands, including Aquafina and Lipton Tea,
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Herbold Meckesheim is satisfied with its results after IFAT 2022 in Munich. Despite the current economic uncertainties, the special machine builder has recorded a constant number of incoming orders. After many negotiations, the projects are now seen to get reality – almost 60 percent of these projects are located outside Germany.
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Due to an impending directive set forth by the European Union (EU), tethered caps which remain permanently attached to the bottle after opening and during use will soon be widely available for consumers across Europe. The aim of the new directive is to prevent unintended environmental waste and facilitate the recycling
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Founded in 2012, Moretto MTR celebrates its 10th anniversary marked by winning teamwork and several ambitious projects. Inspired by the headquarters values and philosophy, the branch has become an important reference point for the Turkish market in the supply of automation for the plastics processing industry. Located in a strategic position
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The Plastics Industry Association (Plastics) is pleased to announce that Ashley Hood-Morley has returned to fulfill the role of Vice President, Industry Engagement, effective immediately. As a member of the Senior team, Ashley will be an integral part of Plastics’ growth and engagement. Ashley will lead strategy on membership acquisition and
Read moreAccording to the regional newspaper RNZ, the Coperion Group, headquartered in Stuttgart, is taking over the special machinery manufacturer Herbold Meckesheim. The name and brand of Herbold Meckesheim, as well as the company’s location, will be retained after the takeover, Herbold announced on Monday, 4th of July 2022. A purchase price
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RecyClass extends its scope with the first European-wide audit scheme for plastic recyclers based on EN 15343 and fullfilling the requirements for conformity assessment described in ISO 17065. This certification will support the industry in complying with upcoming market and legal requirements in a harmonised, transparent and reliable manner. “The new
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Romania is on a rapidly approaching deadline to launch its deposit return system in October 2022 (in accordance with Government Decision 1074/2021), to align with the targets of the European Union’s Single-Use Plastics Directive and to tackle beverage container pollution. In Europe alone, more than 25 million tons of plastic waste are
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HPC Industries LLC and Macquarie Group’s Commodities and Global Markets group (Macquarie) have formed a joint venture to produce rPET. Under the name Circularix, the venture’s plans include building and operating five recycling facilities across the U.S. with a total annual production capacity of more than 275 million pounds of rPET resin.
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