1:17 min
Regions
IVL to acquire PET Business in Indonesia
Indorama Ventures Public Company Limited, the world's largest Polyester Value Chain Company, has agreed to acquire 100% of the PET assets of PT Polypet Karyapersada in Indonesia. The assets, which are able to produce up to 100,800 metric tons per annum of PET (Polyethylene ...
2:41 min
Regions
Global demand for aseptic packaging to approach $36 billion in 2015
Beverages will continue to represent more than half of the global aseptic packaging market. Demand for aseptic packaging in beverage applications will benefit from output growth coupled with expanding applications resulting from cost and sustainability benefits of aseptic packaging, ...
3:00 min
Regions
Greiner Packaging is enhancing distribution in Germany and France
The Austrian packaging manufacturer Greiner Packaging International invests in Europe’s key markets. More new distribution locations of Division K are commencing operation within the first months of this year. In Bielefeld (Germany), Susanne Gneist, an experienced packaging and ...
3:59 min
Regions
Mold-Masters signs exclusive deal to provide Ritemp™ cooling technology for hot-runners
Hot runner supplier Mold-Masters, has formalized an agreement with Ritemp™ Technologies (of Edwardstown, South Australia) through its sole Americas agent YGRENE™ Technologies Inc., for exclusive global use of their patented evaporative cooling technology in hot runner applications. ...
2:40 min
Regions
Klöckner Pentaplast breaks ground for new Chinese production facility
The Klöckner Pentaplast Group announced today that it broke ground on January 18, 2012, for construction of its first manufacturing facility in China. Located 80 km west of Shanghai in the Suzhou Industrial Park in Suzhou, China, the new site will produce packaging films for the ...
4:52 min
Regions
Coca-Cola Amatil New Zealand (CCANZ) unveils $15 million investment in bottle self-manufacture on top of a multi million dollar rebuild in Christchurch
Canterbury Earthquake Recovery Minister Gerry Brownlee joined Coca-Cola Amatil New Zealand (CCANZ) today in officially opening its new beverage bottle production line at the company’s manufacturing plant in Woolston.The $15 million investment in world best-practice technology enables ...
2:37 min
Regions
New World Plastics Processing Machinery study: Global Demand for Plastics Processing Machinery to Reach $28.9 Billion in 2015
Global demand for plastics processing machinery is projected to rise 6.0 percent annually through 2015 to $28.9 billion, a rebound from market declines experienced during the recession-impacted 2005-2010 period. Sales growth will be driven by an acceleration in plastic product ...
0:49 min
Regions
LyondellBasell to Close Two PP Production Lines in Wesseling, Germany
LyondellBasell (NYSE: LYB) today announced that it will shut down two polypropylene (PP) lines in Wesseling, Germany, by mid-2012. The lines, with a combined capacity of 90 KT per year, are among the company’s smallest and oldest PP production units. “We continue to focus on ...
1:38 min
Regions
Beverage Partners Worldwide joint venture to focus on Europe and Canada
Nestlé S.A. and The Coca-Cola Company today announced that they have agreed to focus the geographic scope of their ready-to-drink tea joint venture, Beverage Partners Worldwide (BPW), on Europe and Canada.In Taiwan and Hong Kong, The Coca-Cola Company will enter into a license ...
