Indorama Ventures Public Company Limited (IVL), a global chemical producer, announced the completion of joint venture (JV) of IVL’s PET Company, Micro Polypet Private Limited (MicroPet), in India with Dhunseri Petrochem Ltd. (Dhunseri). Simultaneously, IVL has acquired a 50% stake in Dhunseri’s PET Company in India, Dhunseri Petglobal Ltd. By combining
Read moreEgeria, the Dutch based private equity firm has signed an agreement to acquire 100% of the shares of Clondalkin Flexible Packaging Group (“Clondalkin”) from an affiliate of Warburg Pincus. Completion of the transaction is expected to occur in Q4 2016. Clondalkin is a global flexible packaging manufacturer focused on delivering high
Read moreNazca Capital –a Spanish private equity firm focused in the mid-market segment– has reached an agreement with the family Baños (owners and founders of the company) for the acquisition of a stake around 75% in Caiba, a leading Spanish company specialised in the manufacture of PET preforms and containers for the
Read moreDemand for pressure-sensitive materials continues to grow in Europe. To meet future demand, Avery Dennison is strengthening its European manufacturing footprint with a $65 million investment to expand its Rodange, Luxembourg production facility. The investment is one of Avery Dennison’s largest operational initiatives globally in recent years. The expansion incorporates a
Read moreAmcor Rigid Plastics has entered into an agreement to acquire the assets of Sonoco’s Global Plastic blow moulding business in North America. Sonoco manufactures custom rigid plastic bottles, jars, overcaps and closures for the food, beverage, pharmaceutical, health and beauty and personal care markets in seven plants located in the U.S.
Read moreThe manufacturer of filling and packaging technology Krones has signed and completed the purchase of 80 % of the business of Trans-Market Sales & Equipment Inc. Trans-Market is based in Tampa, Florida and is a proven leader in providing process engineering and automation solutions for the liquid food industry. The company
Read more
Terekas Sweden AB launched mini PET stretch blowing machine series FlexBlow. In combination with sales conveyor promotion method, Terekas Sweden AB has tripled their flexible PET blower sales this year compared to last year. The company has signed 17 contracts across the world, last year 6 flexible series machines has been
Read morePlastipak Packaging Inc. said it will add two manufacturing lines to its Birmingham area facility,a $10.4 million expansion that will create at least five new jobs. The new lines will be added to its location at the Jefferson County Metropolitan Park in McCalla, Alabama, USA where it manufactures plastic bottles for
Read moreAccording to a WARN notice filed with the New Jersey Department of Labor and Workforce Development, Graham Packaging is going to close its plant in Belvidere, New Jersey, USA. The effective date is September 26, 2016. The closing of the plastic container manufacturers’ facility will affect 71 employees. Visit Graham Packaging
Read more
Torus Measurement Systems have announced the launch of the B304 Top Load & Volume Gauge. The system showcases a single operation Top Load & Volume Test to the plastic bottle market. Once the bottle is loaded by the operator all functions can be carried out in sequence without the need for
Read more
The KHS Group looks back on an exceptionally successful month. In July 2016 the Group, headquartered in Dortmund, Germany, was able to record several big orders. Much of this success was attributable to the sale of two FreshSafe PET TriBlock lines to a major soft drinks producer in India. In combination
Read more