DAK Americas LLC (DAK) announced its plan to close the Polyester Staple Fiber(PSF) manufacturing operations at its Cooper River Site, near Charleston, SC. The site will continue to produce PET Resins to serve the bottle and packaging markets on its newer capacity installed in 2003.

Upward trend in order intake continues. Order value increased in first three months of 2021 by 27.1% to €1,068.8 million. First quarter revenue of €874.6 million down 7.2% on prior-year figure, which was only partially affected by corona.  Despite lower revenue, Krones ...

Garçon Wines, the London-headquartered and multinationally represented sustainable wine start-up best known for flat wine bottles made from 100% recycled PET, has secured £670,000 ($935,000) of investment in parent company Delivering Happiness Limited. The funding round, which the ...

Huhtamaki welcomes the development of an EU contingency plan to support Europe’s food system in times of crisis and calls for the essential role of food packaging to be fully incorporated into the plan.

Ampacet, a premier global provider of masterbatch and additive materials, services and solutions, will strengthen its presence and service in the Russian market with the expansion of its plant in Tver, Russia. The expanded site started up the additive production line in the beginning ...

The company formerly known as Nestlé Waters North America announced that it has begun operating under a new corporate name, BlueTriton Brands (“BlueTriton” or the “Company”). This announcement follows the completion of its acquisition by One Rock Capital Partners, LLC (“One Rock”), ...

Avantium announces that it has signed a conditional offtake agreement with Resilux, an international rigid plastic packaging supplier, for the supply of PEF resin from the planned Avantium FDCA flagship plant. This brings the total of such offtake contracts to five.

2021: Carbios announces a new major step in its development with the building of a first of a kind 100% PET recycling facility Carbios confirms its 2025 ambition of making available recycled PET coming from its enzymatic process

At this year's Pack Passion Week, INTRAVIS had the privilege of presenting its innovative solutions for the inspection of tethered caps as one of three talks in the opening session.

Krones today published its 2020 Annual Report and confirmed its preliminary figures. Due to the negative consolidated net income, Krones will pay out only the statutory minimum dividend for 2020, with shareholders receiving €0.06 per share. Executive Board expects EBITDA margin ...