Amcor Rigid Packaging and Danone launched a 100% recyclable, label-less PET bottle for the Villavicencio water brand in Argentina, with a 21% lower carbon footprint than the previous bottle. The bottle is made from 100% recycled content.
Novvia Group acquired Southern Container, a Dalton, Georgia distributor of intermediate bulk containers, plastic and steel pails and drums, and other rigid packaging. The terms were not disclosed. The deal closed on April 25, 2022.
Indorama Ventures completed its acquisition of Ngoc Nghia Industry Service Trading JSC, a Vietnamese PET preforms, bottles and closures producer with four plants and 76,000 tons annual PET conversion capacity.
East Jordan Plastics, a horticultural container maker, will invest over $44 million in a new 255,500 sq ft facility in Lyons, Toombs County, Georgia, creating 80 jobs.
MGS Manufacturing announced a €7 million investment in a 20,000 sq ft extension to its Leixlip plant in Kildare, Ireland, housing cleanrooms, injection moulding machines and warehousing. The expansion is expected to create 100 new jobs.
TricorBraun agreed to acquire PB Packaging, a wholly owned subsidiary of ASX-listed Pro-Pac Packaging, expanding its presence in Australia. PB has 140 team members and the deal is expected to close in Q2 2022, subject to Foreign Investment Review Board approval.
Atlantis-Pak, a major Russian packaging maker, opened a new plant in Rostov-on-Don producing film for meat, sausage, fish and cheese products. The investment was 1.9 billion rubles, including a 500 million ruble preferential loan.
Planeta-Centr received a preferential loan of 246.8 million rubles from the Fund for Industrial Development to expand production of printed polymer packaging film and wicket bags in the Omsk region. The total modernization budget is 550.6 million rubles.
Klöckner Pentaplast committed to a multimillion-dollar expansion at its Beaver plant in Raleigh County, West Virginia, to add post-consumer recycled PET production for North America. The plant was previously named the company's Plant of the Year.
The Samuel Grant Group has acquired Clingfoil, a Stockport-based distributor and manufacturer of protective packaging and stretch film with £7m annual sales, keeping its 21 staff.
Teqal moved into a new 4,000 sqm factory at Dube TradePort, KwaZulu-Natal, after its 2021 expansion funded by a R50m IDC financing facility, adding energy-efficient servo-driven equipment capable of up to 40 million jars per year.
Darnel Inc. will invest about $16 million over five years to expand its Monroe, North Carolina plant, including a 60,000-square-foot warehouse and new production equipment, and create about 20 jobs. Union County and the City of Monroe approved incentive grants of up to $352,000 and $320,000.
The Circular Plastics Australia joint venture officially opened its A$45 million PET recycling plant in Albury-Wodonga on 11 March 2022, backed by up to A$16.5 million in CEFC debt finance. The plant recycles about 30,000 tonnes of PET a year and employs about 40 people.
Glenroy Inc. announced on March 8, 2022 the addition of a Tandem Adhesive Laminator at its Menomonee Falls, Wisconsin facility to increase capacity for high-barrier laminations, recyclable pouches and stand-up pouches. The machine will be ready for production in spring 2022.
Coca-Cola Europacific Partners is investing in a new PET plastic recycling facility in Victoria, Australia, built through a cross-industry partnership. The company is also expanding recycling capacity in Indonesia and Europe.
Avantium N.V. agreed with LVMH to explore PEF, a plant-based recyclable polymer, as packaging for LVMH beauty brands. LVMH Beauty becomes the first luxury cosmetics company to join the PEFerence consortium.
Axium Packaging has moved its headquarters and subsidiaries Acti Pack and Loire Plastic Industrie into a 22,000 sqm facility near Saint-Etienne, France, after a €16 million, six-month fit-out. Production capacity is reported to rise by 15%.
Coveris has installed a five-layer coextrusion extruder at its Montfaucon plant in France to increase capacity for shrink and stretch hoods with recycled content. The equipment was recently acquired and the site was redesigned to accommodate it.
Uhde Inventa-Fischer, a thyssenkrupp Uhde subsidiary, signed a contract to build three polymer plants for SASA Polyester in Adana, Turkey, including PET, Co-PET and MTR resin production lines. The announcement is dated 22 February 2022.
Ellerhold Group chose the Litholiner system from Quantum-Stock for its new plant under construction in Radebeul, Germany, which replaces the existing laminator plant and is due for completion at the end of the year.
Bericap SC LLC plans to add several production lines to its Cowpens, South Carolina plant by June 2026 with a $19.7 million investment. The expansion targets North American demand in water, dairy, soft drink and sports beverage markets.
Evergreen is adding a 54,000-square-foot building to its Clyde, Ohio facility to house four food-grade rPET manufacturing lines. Completion is expected in June 2022, raising annual rPET capacity to 217 million pounds.
Kaneka Corporation has decided to significantly increase production capacity for its PHBH biodegradable polymer Green Planet in Japan, with further capacity planned in Europe and America.
Avantium announced construction of a commercial-scale FDCA plant in Delfzijl, Netherlands, with capacity of 5 kilotonnes (5,600 tons) per year. The construction is expected to run from Q1 2022 to end-2023, with commercial production from 2024, funded by €192 million in financing.
Alpek agreed to buy 100% of OCTAL Holding SAOC for US$620 million on a debt-free basis, adding over one million tons of PET sheet, recycling, packaging and resin capacity across sites in Oman, the US and Saudi Arabia.
Mississippi-based Summit Plastics Inc. is acquiring Clear View Bag Co. Inc., expanding its geographic presence and product line.
Klöckner Pentaplast announced it will add an extrusion line and two thermoformers for 15,000 metric tonnes of new rPET/PET capacity in North America. The site is still to be determined and the expansion is targeted to be fully operational in Q1 2024.
Norpolim Nordeste Polímeros, part of the Plasvan group, announced a plant in the Manaus Free Trade Zone industrial hub. The investment is R$17 million over three years, with about 100 direct jobs, and production is expected in the first half of 2022 pending approvals.
Ringmetall SE agreed to acquire the business, production plants and property of Rhein-Plast GmbH through an asset deal. Rhein-Plast has about 80 employees and annual sales of around EUR 13 million, and makes polyethylene films and bags in Bad Dürkheim.
IPEX, part of Aliaxis, signed a stock purchase agreement on January 19, 2022 to acquire all shares of Virginia-based Harrington Corporation (HARCO), a manufacturer of gasketed fittings; completion is expected within weeks pending regulatory approval.
Colombia-based Plastilene Group will establish its first U.S. operation in Washington Court House, Fayette County, Ohio, a $47 million sustainable food packaging research and production facility expected to create 58 jobs.
Bulgarian packaging maker Ate Plast has started construction of its third plant in the Zagore Industrial Zone in Stara Zagora, aiming to double or triple its printed packaging capacity; the investment, initially planned at 10 million leva, is expected to exceed that and completion is due by year end.
Magic Pack (Gruppo Happy) obtained a 13 million euro seven-year loan from Finlombarda and Cassa di Risparmio di Bolzano to fund investments including new production capacity and recycling lines for expanded polystyrene food containers. The plant is in Gadesco Pieve Delmona, Italy.
Plastics News reports that Faerch is to acquire Paccor Packaging. The article text provided contains no further details.
Greif agreed to divest its 50% share in the Flexible Packaging joint venture to Gulf Refined Packaging for $123 million in cash, subject to conditions. The deal is expected to close by March 31, 2022.
Starlinger will supply its recoSTAR PET 215 iV+ food-grade PET recycling system to Başatlı Boru Profil in Kocaeli Province, Turkey, with operation planned from April 2022. The system produces up to 2,400 kg of food-safe rPET per hour.
Gruppo Happy completed the acquisition of 100% of Coopbox SPA and its subsidiary Coopbox Eastern SRO, operating in Italy and Slovakia, and French company Sirap France SAS. The group makes plastic food packaging containers.
Oerlemans Packaging Group agreed to acquire Koninklijke Verpakkingsindustrie Stempher, which makes paper bags and polyethylene bags, tube and films at two sites in Rijssen, Netherlands. Financial terms were not disclosed.
Jiangxi Tobacco Company's Ganzhou branch named Nanxiong Jinye Packaging Materials Co. as the winning bidder for its 2022-2023 cigarette packaging heat-shrink film procurement, with a winning amount of 2,180,400 yuan.
Clearlake Capital-backed Pretium Packaging completed its acquisition of Grupo Edid, a Lerma, Mexico rigid packaging manufacturer and paperboard printer, on December 16, 2021; financial terms were not disclosed.
Cabka Group GmbH agreed in December 2021 to acquire Dutch Star Companies TWO B.V. in a reverse merger valued at about €110 million; the combination was completed in early March 2022 and the listed company renamed Cabka N.V.
Saint-Gobain acquired HyComp, a US aerospace manufacturer established in 1886 with about 120 employees, which supplies composite components. The announcement was made on March 12, 2018.
TBM Co., Ltd. signed a sales agreement supplying its LIMEX Pellet injection-molding grade to PT. Kemas Indah Maju, Indonesia's largest cosmetic container molding manufacturer. The pellet is used as a substitute for ABS and PP in cosmetic containers. The announcement is dated December 8, 2021.
Veolia will supply high-quality recycled plastic from processed consumer plastic waste for L'Oreal's packaging worldwide. The recycled material is produced with Veolia's pelletisation technology and is said to match virgin plastic quality.
Borouge awarded engineering, procurement and construction contracts for Borouge 4, a $6.2 billion expansion of its Ruwais complex, to Al Asab General Transport and Contracting and to Technip Energies with Target Engineering.
Juhua Co. board approved two fixed-asset investment projects at its electrochemical plant: a 48kt/a VDF expansion (CNY 979 million) and PVDF projects (CNY 693 million), expected to be completed and operational in Q4 2023.
Tereos signed a strategic supply agreement with Avantium Renewable Polymers to supply 100% of the wheat-derived F95 high-fructose syrup needed to make FDCA for bio-based PEF packaging. The initial volume is 5,000 tons.
Teqal, a maker of injection-moulded rigid plastic packaging, moved into a new 4,000 m² factory and warehouse in Dube TradePort, KwaZulu-Natal, after IDC awarded it a R50m financing facility.
Abriso Jiffy has acquired Novostrat, a Europe-leading manufacturer of sustainable polyethylene foam with sites in Poland and Ireland. The transaction closed on January 13, 2023.
Graham Packaging is adding a new production line at its Altavista facility to make a new product for an existing customer. The line adds 42.6 million units per year and creates 12 jobs. It was announced November 19, 2021.