3:38 min Markets and Management, Management
Management

Sk Global Chemical to acquire 10 percent equity stake in Loop Industries

Memorandum of Understanding outlining terms of Joint Venture to build Infinite Loop™ facilities in Asia Equity investment of $56.5 million will be used by Loop towards funding its planned Canadian Infinite Loop™ facility in Bécancour, Québec SK global chemical to become second ...
3:10 min Markets and Management, Facts & Figures
Facts & Figures

ENGEL back on growth course

Shortly before the start of the live e-symposium 2021, event host ENGEL gives an ...
1:14 min Markets and Management, Management
Appointment

NGR: Successful course under the new COO; innovation Oscar "Pegasus 2021"

With the new business year, Erich Fuerst has taken over responsibility for the operational areas of the plastics recycling machine manufacturer as COO from his long-time predecessor and company co-founder Gerold Barth. Next Generation Recyclingmaschinen GmbH (NGR) can look back on a ...
1:47 min Markets and Management, Facts & Figures
Lawsuit

The Coca-Cola Company, BlueTriton Brands, and Niagara Bottling sued for misleading consumers ob plastic bottle recycling

The Sierra Club and its law firm Gutride Safier LLP jointly announced the filing of lawsuits against the Coca-Cola Company (bottler of Dasani), BlueTriton Brands (bottler of Arrowhead, Poland Spring, Deer Park, and Ozarka), and Niagara Bottling (bottler of Niagara and ...
1:43 min Markets and Management, Management, PET films, trays, cups, …
Virtual Open House

Bandera to host virtual Open House: Bandera Plastic Week, 21, 22, 23 and 25 June

On 21, 22, 23 and 25 June, Bandera THOE – The House of Extrusion® – will host Bandera Plastic Week, the live digital event to show case Bandera’s latest innovations for the plastics industry. The four-day event will host discussions and web seminars focused on current topics and on ...
1:31 min Markets and Management, Facts & Figures
The Plastics Recycling Awards Europe 2021

SIPA Duo Mini Stackable among the finalists for Plastic Packaging Product of the year

This packaging has been created with the aim to make the most out of recycled ...
2:40 min Markets and Management, Facts & Figures
Opinion

Wood Mackenzie: How will reuse models change the plastic packaging industry?

Plastics have a number of desirable properties that make them suitable as packaging materials: they are versatile, durable and lightweight, have good barrier properties and are cheap. Consequently, much packaging is made of plastic, making it the world’s biggest sectoral source of ...
1:30 min Markets and Management, Management
Acquisition

Indorama Ventures completes acquisition of CarbonLite’s Texas PET Recycling Facility

Indorama Ventures (IVL), a global chemicals producer, has completed its acquisition of CarbonLite Holdings’ facility in Texas as part of the company’s commitment to increasing PET recycling capacity.
2:26 min Markets and Management, Management
Acquisition

Clariant completes its divestment program by reaching agreement to divest its Pigments business

Definitive agreements signed by a consortium of Heubach Group and SK Capital Partners to acquire Clariant’s Pigments business Enterprise Value of CHF 805 million to CHF 855 million, representing a 10.7x to 11.4x stand-alone adjusted EBITDA multiple per April 2021 (LTM) depending ...
0:56 min Markets and Management, Management
Expansion

Indorama Ventures drives innovation with new IOD research center at The Woodlands, Texas

Indorama Ventures Public Company Limited (IVL), a global petrochemical producer, has started developing a new technology center under its Integrated Oxides & Derivatives (IOD) business at The Woodlands, Texas. The new facility will be the company’s U.S. research and development ...