2:33 min
Management
Company takeover in Eastern Europe
Greiner Packaging buys Serbian PET flake producer ALWAG
In acquiring a Serbia-based producer of PET flakes, Greiner Packaging is broadening its portfolio of businesses and adding the first recycling company to the group. The purchase of ALWAG, which will be renamed Greiner Recycling d.o.o., sees Greiner expand its business model by ...
1:20 min
Management
Appointment
Kilian Braunsdorf becomes CEO of PACCOR
Kilian Braunsdorf has been appointed Chief Executive Officer (CEO) of PACCOR, one of the leading global players in the plastic packaging industry. He succeeds Andreas Schuette, who steps down from his role with today’s completion of the acquisition of PACCOR by the Faerch Group. ...
1:20 min
Management
Alliance
Selenis makes a strategic alliance with Entec Ravago Group to distribute its line of products
Selenis, a subsidiary of the IMG Group, is a Portuguese company present in the polymer industry since 1959 and a pioneer in PET extrusion. The company has joined a strategic alliance with Entec Polymers (a Ravago Group company) to distribute its line of products in the ...
0:55 min
Management
Acquisition
Hillenbrand completes acquisition of herbold meckesheim, expanding customer offering for complete recycling solutions
Advances Hillenbrand's long-term growth strategy into key end market of recycling Highly complementary technologies to Coperion branded products Enhances offering of complete recycling solutions and provides compelling cross-selling opportunities Expected to be accretive to Adj. ...
1:17 min
Management
Appointment
Guenther Klammer new CTO of Next Generation Recyclingmaschinen GmbH (NGR) as of August 16, 2022
As of August 16, 2022, Dipl.-Ing Guenther Klammer is responsible for the research and technical developments of Next Generation Recyclingmaschinen GmbH as the new technical manager (CTO). With this reinforcement in the management, the team of plastics recycling machine specialists ...
2:10 min
Strategies & Market Analysis
Report
Avantium First Half 2022 Results: Avantium begins the construction of its FDCA flagship plant and signs additional offtake agreements
Avantium reports its 2022 half year results. Tom van Aken, Chief Executive Officer comments: “We have made significant positive strides across our business over the last six months. We are very pleased that we have started constructing the world’s first commercial facility for the ...
1:39 min
Cosmetics & Medical
Plastic Alternative
LVMH Perfumes & Cosmetics Houses signs offtake agreement with Avantium for the use of PEF for its cosmetics packaging
Avantium N.V., a leading technology company in renewable chemistry, announces that it has signed a conditional offtake agreement with world luxury goods leader LVMH Group (Moët Hennessy Louis Vuitton). With this offtake agreement, LVMH Perfumes & Cosmetics Houses has secured a ...
