Corrugated packaging specialist Twinplast invested £1.5 million (US$1.9 million) in a new extrusion line made by Omipa Extrusion Machinery in Milan, Italy, which will increase extrusion capacity three to four times while cutting energy use per ton by 40%.
Alongside the Esterpet deal, Biffa Polymers made a minority investment in its sister company Esterform, a manufacturer of PET preforms. The stake size and value were not disclosed.
Greiner Packaging UK & Ireland invested over £3,700,000 in a new PET decontamination and extrusion line at its Dungannon, Northern Ireland site to make food-contact recycled packaging. The site has also gained SSP and FSC certifications.
Greiner Packaging UK & Ireland announced new investments totalling over £10 million at its Dungannon, Northern Ireland site for new machinery, a new manufacturing hall and warehouse expansion, celebrating its 50th anniversary.
Packaging firm Coveris invested £500,000 in new hi-tech equipment at its Hartlepool plant to produce branded tamper-evident bags for Covid-19 test kits, creating 20 new jobs.
Somerset-based thermoformed packaging firm Kingsmoor Packaging has started the year with fully refurbished design, pattern and tooling facilities.
Packaging manufacturer Duo UK received a multi-million pound funding package from HSBC UK to buy an Italian-made co-extruder for its Manchester factory, scaling up production by up to 20% and stock capacity by 30%. The company expects to create 5 new jobs over the next 12 months.
Robinson Packaging is planning to expand in the UK after a funding package deal with HSBC; the amount was not disclosed.
Plastics supplier ActionPlas has invested over GBP 1 million in new premises, staff and machinery to support its growth plans.