Companies

Nestlé Waters North America announced that it intends to achieve 25% recycled plastic across its U.S. domestic portfolio by 2021. The company plans to continue expanding its use of recycled materials in the coming years, further setting an ambition to reach 50% recycled plastic by 2025. Therefore, the company is expanding

Nestlé announced the creation of the Nestlé Institute of Packaging Sciences, dedicated to the discovery and development of functional, safe and environmentally friendly packaging solutions. This is claimed to be a step further to achieve the Company’s commitment to make 100% of its packaging recyclable or reusable by 2025. The Nestlé

Carbios announces the signature of a Letter of Intent (LOI) with Kem OneE for an implementation project in the French Chemical Valley of an industrial demonstration plant to secure the value of its PET recycling technology. Carbios biorecycling technology is is intended to enable to use waste plastics and fibres instead

Indorama Ventures Public Company Limited (IVL) has completed the acquisition of 74% of the share capital of Medco Plast for Packing and Packaging Systems S.A.E. (Medco Plast) from Middle East Glass Manufacturing Co. S.A.E. (MEG) and the Samaha family. Following the acquisition, MEG will retain a 16% shareholding in Medco Plast,

Nestlé Waters North America announced that it has signed a significant agreement with recycled PET plastic (rPET) supplier CarbonLite, and that CarbonLite will expand its U.S. operations by building a third facility in the Lehigh Valley area of Pennsylvania. The new contract builds upon Nestlé Waters’ existing relationship with CarbonLite, one

Krones, a leading manufacturer of filling and packaging solutions, has acquired MHT Holding AG (MHT). MHT, based in Hochheim, Germany, together with its subsidiaries is providing injecting moulding tools and services to the PET industry. The company generates approximately €25 million revenues with 125 employees. The acquisition of MHT represents an

Athena Automation Ltd., a company manufacturing injection moulding machines near Toronto, Ontario, announced that it is changing its name to Niigon Machines Ltd. “This allows us to emphasise our business objective of becoming a global leader in customised injection moulding machines” said Robert Schad, Chairman. “Niigon is an Ojibwa word that

Petainer, a global leader in one-way kegs, is partnering with Great Leap Brewing in China to start manufacturing petainerKeg in 2019. This is in response to rapidly growing demand for draught beer in China and the suitability of one-way PET kegs in a country where logistics are complex. The announcement follows

“Bottled water consumption is set to overtake all other soft drinks worldwide this year,” according to Richard Hall, Chairman of Zenith Global, the global food and drink experts, speaking at the 15?th Global Bottled Water Congress in Evian. “This is all the more remarkable because other soft drinks include carbonates, juices,