Industry News

Overview: Industry News

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ALPLA: Austrian packaging producer takes over 100% of Zamil Alpla JV / Three sites in the Middle East to continue operations

18/02/2019

After ten years of collaboration as a joint venture, Alpla is to acquire 100% shares in joint venture Zamil Alpla from its partner Zamil Plastic Industries. The Austrian packaging manufacturer had previously held a 49% share of the JV ...
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INDORAMA: Purchase agreement to take over Bevpak (Nigeria) / PET preforms and closures production

18/02/2019

Indorama Ventures has announced that through its indirect subsidiary Indorama Netherlands, it has signed a definitive share purchase agreement to acquire 100% of the share capital of Bevpak . Bevpak manufactures monolayer and multilayer ...
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Total: Acquisition of French plastics recycler Synova

18/02/2019

Total today announces that it has acquired Synova, a French leader in manufacturing high-performance recycled polypropylene for the automotive sector. Synova produces 20,000..
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WINDHAGER: Austrian group takes over Dutch PVC film manufacturer / Decorative films, tablecloths and print media

18/02/2019

Windhager has acquired a majority stake in PVC film manufacturer Van Merksteijn Plastics for an undisclosed sum. The buyer, a specialist in gardening accessories and sun and insect protection, has assigned the Dutch company to Vénilia, ...
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R&P POLYPLASTIC: Russian compounder aims to strengthen exports / Output increasing / Sales primarily on the domestic market / Production of LFT materials

15/02/2019

Over the past few years, Russian compounder R&P Polyplastic has been making some smaller deliveries to Europe and in 2018 registered orders for test quantities totalling around 80 t of polymer materials, half of which went to ...
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PETROCHEMICAL MARKETS: Ineos chairman Jim Ratcliffe hits out at EU green taxes and shale disadvantage / Open letter to the commission / Nobody seriously invests in Europe

15/02/2019

Outspoken Ineos chairman Jim Ratcliffe, who now goes by Sir Jim in the UK after being knighted by Queen Elizabeth, has launched a broadside against the EU, slamming the single market for its high green taxes and other shortcomings. ...
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EXEL COMPOSITES: Finnish company to close plant in Germany / Savings drive for production in Europe and China

15/02/2019

Exel Composites, a specialist of pultrusion and pullwinding of composite profiles, is planning to close its plant in Voerde / Germany by the end of April 2019 due to insufficient capacity utilisation. Twenty-three employees will be ...
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PACKAGING RECYCLING AUSTRIA: Plastic carrier bags banned as of 2020 / ARA calls for a "Plastics Roadmap 2030" / "Plastics Summit" in Vienna

15/02/2019

The Austrian government plans to ban the sale of non-biodegradable plastic carrier bags as of 2020. This new "Plastiksackerl" ban was a central topic at the round table discussion held on 8 January 2019 at the Austrian Federal Chancellery ...
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GRUPO LANTERO: Coexpan subsidiary buys BO Packaging Chile / Extended presence in South America

15/02/2019

Rigid plastic sheet manufacturer Coexpan part of Grupo Lantero has agreed to buy the thermoforming unit of BO Packaging Chile. Financial details were not disclosed. The deal, executed through subsidiary Coexpan Coembal Chile, adds ...
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PET: Petcore conference has over 280 attendees / EU SUP directive to drive PET developments / Upgrades for Belgium's collection and sorting / More countries to add deposit schemes

14/02/2019

The annual "Petcore Europe Conference" was held from 6-7 February 2019 in Brussels, where organiser Petcore Europe announced that more than 280 participants attended the sold-out event. Updates at Petcore Europe included the election of ...
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