The globally operating Engel Group has closed the 2024/25 financial year with a turnover of approximately EUR 1.5 billion. Despite a continued decline in market conditions, the injection moulding machine manufacturer maintained its position in a challenging European market environment and recorded gains in market share, supported by innovation and regional
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MAAG Group is pleased to announce that it has entered into a definitive agreement to acquire SIKORA AG, a recognised leader in measuring and control technologies. This acquisition accelerates MAAG’s innovation capabilities in machine learning, industrial IoT, and AI-driven technologies. Headquartered in Bremen, Germany, SIKORA is well-known in the market in
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CHINAPLAS 2025 successfully wrapped up on April 18 with 281,206 visitors (an increment of 13.29% compared to CHINAPLAS 2023 in Shenzhen) in 4 days. Among them, visitors from overseas countries and Hong Kong, Macau and Taiwan region of China rocketed to 68,542, accounting for over 24% of total visitors, a remarkable
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Nordson BKG GmbH, part of Nordson Corporation’s Polymer Processing Systems (PPS) division, specialist in melt delivery, and pelletising solutions, and FIMIC Srl., a well-known provider of innovative melt filtration technology, announced a deepened strategic partnership, building on FIMIC’s appointment as the exclusive agent for Nordson BKG products in Italy announced in
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According to research by Nortal Consulting, circa 36 million tonnes of polymer (mostly PET and HDPE) have been processed by blow moulding around the world in 2024, mainly to make consumer and industrial packaging valued at c. 97 billion US dollars. Widely employed as a packaging solution, blow moulded plastic bottles
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DePoly, a leading sustainable PET-to-raw-material recycling company, announced the upcoming launch of a 500 t/a showcase plant in Monthey, Switzerland this summer, representing a critical step in the company’s journey from laboratory breakthrough to industrial-scale implementation. The facility will demonstrate DePoly’s proprietary process that converts PET and polyester waste into virgin-quality
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The conference will take place on May 27- 28 2025, in France, Dijon & Beaune. The first day of the event will feature presentations from major experts in the field of thermoforms, followed by panel discussions with the guests from the industry. Speakers from the EU will join the event to explain
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Doğa PET, a new venture by Türkiye-based Doğa Holding, has entered the recycling sector with a facility dedicated to producing high-purity PET flakes and rPET granules from post-consumer materials. The company uses Tomra Recycling’s sensor-based sorting systems to meet the quality standards required for food-grade and textile applications. As part of
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Arca Continental, one of the world’s largest Coca-Cola bottlers, has made an investment in the seed round of the Argentine startup Sensify through its Corporate Venture Capital fund, AC Ventures, as part of its commitment to accelerate the digital transformation of the commercial ecosystem and promote the entrepreneurial ecosystem. Sensify, a
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With the two new Starlinger PET bottle-to-bottle recycling lines, Srichakra Polyplast is tripling its total food-grade rPET production capacities, reaching an annual output of 42,000 tons. Founded in 2010, Srichakra Polyplast Pvt Ltd. has become the leading plastics recycling and waste management company in India. The manufacturer of high-quality PET, polyolefin
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A new report from AMERIPEN, prepared by Circular Matters and funded by PLASTICS’ Recycling is Real initiative, highlights significant progress by consumer-packaged goods (CPG) companies toward recycled content goals in packaging while also exploring critical gaps in infrastructure, collection systems, and supply to meet targets. Following last week’s member exclusive release
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