7:16 min
Facts & Figures
La Seda de Barcelona approves a capital increase of 40 million Euros to support its strategic growth and strengthen its balance sheet
This financing will allow the Plastic Packaging Division (APPE) to expand into new markets and to innovate products, materials and services LSB will integrate all its chemical businesses and opens the possibility of incorporating a new strategic partner The Company increases ...
0:20 min
Facts & Figures
Acquisition of 51% Stake in a Packaging Business
Indorama Ventures Public Company Limited (“IVL”) informs that IVL through its indirect subsidiary, Beacon Trading (UK) Limited has acquired 51% stake in Beverage Plastics (Holdings) Limited (“BPL”) in North Ireland, United Kingdom.
4:49 min
Facts & Figures
Amcor announces record profit result for six months ended December 31 2011
Highlights Record profit after tax before significant items of $304.7 million, up 13.9%; Significant items, primarily relating to acquisitions and restructuring activities, were an after tax expense of $99.8 million compared with an after tax expense of $41.3 million in ...
18:25 min
Facts & Figures
Silgan announces record 2011 earnings; expects further earnings growth in 2012 Plastic container business continued to experience higher costs
Silgan Holdings Inc. (Nasdaq:SLGN), a leading supplier of rigid packaging for consumer goods products, today reported full year 2011 net income of $193.2 million, or $2.75 per diluted share, as compared to full year 2010 net income of $144.6 million, or $1.89 per diluted share. ...
2:43 min
Facts & Figures
La Seda de Barcelona records a pre-tax profit of 1.4 million euros in the second quarter of the year
La Seda de Barcelona (LSB) has reported turnover of 577 million euros for the first half of the year, which represents an increase of 22% compared to the figures for the same period in 2010. The book EBITDA has increased by 14.4%, to 34.7 million euros, while recurring EBITDA is 36.8 ...
3:70 min
Facts & Figures
ECO Plastics raises £24m to drive expansion
ECO Plastics, Europe’s leading plastic bottle recycler, has raised £24m to drive expansion plans at its Hemswell recycling facility. The funds provide a solid financial platform for the company’s exciting expansion plans, including their joint venture with Coca-Cola Enterprises - ...
3:70 min
Facts & Figures
Petcore and EuPR publish PET collection figures for 2010 - European PET bottle collection increases by more than 6%
Blowmoulding outlets grew with more than 25% of the resulting RPET, or nearly a quarter on a million tonnes, used to produce containers in 2010. The 2010 share of fibres as an end use for recycled PET flake decreased to 39% although the overall tonnage rose slightly. The strapping ...
2:25 min
Facts & Figures
Casey Container signs binding $4 million equity Funding Agreement for its PET biodegradable plastics preforms production facilities
Casey Container Corp. (OTCQB: CSEY) (OTCBB: CSEY) (www.caseycontainer.com) has signed a binding $4 million equity Funding Agreement to build biodegradable PET plastics preforms and bottling production facilities. The $4 million will be funded in tranches over a twelve-month period. ...
1:26 min
Facts & Figures
Record orders again for EREMA thanks to existing and many new customers
EREMA, the Austrian manufacturer of plastic recycling systems, ended its 2010/2011 fiscal year on 31 March this year once again with record figures: consolidated sales achieved by the EREMA Group – comprising EREMA Engineering Recycling Maschinen und Anlagen Ges.m.b.H., Ansfelden ...