SCG Packaging signed a contract with Duy Tan Plastics Manufacturing Corporation, Vietnam's leading rigid plastic packaging producer, on 9 February 2021 as part of its Vietnam expansion.
Walmart has chosen IFCO as its exclusive reusable plastic container packaging provider for select fresh fruits and vegetables in the US under a seven-year agreement. IFCO expects to create manufacturing jobs in the US.
IFCO and Walmart completed a seven-year agreement making IFCO Walmart's exclusive RPC packaging provider for select fresh fruits and vegetables in the U.S. IFCO expects to create U.S.-based manufacturing jobs for new RPC production.
Südpack announced a partnership with Recenso on chemical recycling of plastic packaging materials. The article gives few details on the scope of the partnership.
PACCOR plans to invest more than 40 million euros in 2021 in capacity, automation, logistics and technology. The investment includes new injection molding capacity at its Ravensburg site in Germany for in-mold labeled PP cups and lids.
An affiliate of Peak Rock Capital has acquired a majority holding in AMB, an Italian maker of food packaging films, as announced on February 5, 2021.
The Pusterla 1880 group finalized the acquisition of the Adine Group, which includes box maker Adine, printer Chiffoleau and plastic thermoformer Thermoform, in France. The deal aims to strengthen its luxury packaging offer.
Abbey Logistics has been awarded a recycled polymer logistics and materials handling contract by Viridor, the UK's largest recycling company. Abbey will receive, store and reformat recycled plastic flakes from Viridor's Skelmersdale facility at its bag-to-bulk site on the Wirral.
Plastipak Packaging signed a long-term lease with Duke Realty for 470,590 square feet at its 3200 Kingsley Road facility in Garland, Texas, consolidating warehouse locations. The company will begin occupying the expanded space in March 2021.
Thailand's SCG Packaging signed a share purchase agreement on February 9 to acquire a 70% stake in Duy Tan Plastics Manufacturing Corporation, Vietnam's top rigid plastic packaging producer, as part of a THB10 billion (US$334 million) investment in Vietnam.
Friendship Containers has launched a new production plant on a five-acre plot in the Tatu City Special Economic Zone near Nairobi, making metal cans, closures, injection-molded containers and caps.
Biodegradable plastics developer Aquapak Polymers received an investment from private equity firm ADM Capital Europe, reported on January 25, 2021.
Wuppertal-based MIB Industriebeteiligungen acquired Verpackungstechnik Frielinghaus GmbH, a plastic hollow-body maker, in a succession arrangement. Ebner Stolz advised the buyer on financial and tax due diligence.
Progress Agro group has launched a RUB 204 million polypropylene packaging plant in Ust-Labinsk, Krasnodar Krai, on the Kuban industrial park. The plant can produce up to 8.6 million polypropylene bags and polyethylene film a year and created about 70 jobs.
Italian bioplastics maker Novamont acquired BioBag Group, a Norwegian supplier of waste collection and packaging, in a deal estimated at €30 million, reported on January 13, 2021.
US-based ProAmpac Holdings acquired RA Pacaisti Teo from Ludgate Investments, with plans to expand manufacturing of primary packaging for ready-to-eat foods. The company keeps its Donegal and London operations and terms were not disclosed.
Pactiv LLC will invest $15 million to expand its existing Mooresville facility in Iredell County, with a county incentive of up to $270,158 over five years. Completion is anticipated by December 31, 2021.
PFF Group invested over £2m in custom-built machines from Hanbury-Autogil and hired 100 staff at its Washington, Tyne and Wear site to make disposable polythene aprons under a UK Department of Health and Social Care contract for 360 million aprons. The announcement is dated 5 January 2021.
Master Kong Holdings (00322) entered a purchase agreement on 31 December 2020 with Success Forever Investments and its affiliates for plastic products, running for three financial years through 31 December 2023.
FiberVisions is investing $48 million to expand its polyolefin fiber manufacturing in Covington, Newton County, Georgia, adding 21 jobs with completion expected in the first half of 2021.
Datwyler signed a new multi-year contract with Nespresso running until 2030 for capsule and seal production at its automated plant in Schattdorf, Switzerland, with continuous volume and revenue growth expected. Terms are confidential.
Berivo, an equipment leasing company set up by Chetwode and Acofi, provided a EUR 3.77 million sale-and-leaseback financing to flexible packaging maker UNI Packaging, now Schur Flexibles, to fund its European expansion. The contract was signed in July 2015.
Delhi Milk Scheme, a government milk body, awarded Rainbow Packaging Pvt Ltd a tender to manufacture and supply 372 MT of three-layer co-extruded pigmented polythene film, with contract value of INR 5.71 crore and a 365-day work period.
UFlex announced it will double production capacity at its Asepto aseptic liquid packaging plant in Sanand, Gujarat, from 3.5 billion to 7 billion packs a year within ten months.
Guala Closures signed an exclusive agreement with Oceanworks to source 100% recycled ocean plastic polymers for its wine and spirits closures. The first products will be T-bar closures in the Blossom range.
ABX announced its acquisition of the U.S. flexible packaging converter business of Berry Global Group. The business makes co-extruded multi-layer films, mainly for food applications.
Berlin Packaging has acquired Spanish plastic packaging company Repli, based in Barcelona. It is the ninth Berlin Packaging acquisition in Europe since 2016.
A.P. Moller Holding has signed an agreement to acquire Faerch, a pan-European sustainable food packaging manufacturer, from funds managed by Advent International. Faerch operates integrated recycling for circular food packaging.
Turkish film producer Polibak has purchased two BOBST EXPERT K5 2450mm metallizers with AlOx GEN II and AluBond processes to raise metallizing capacity. The first machine is already in production and the second will be installed next year.
Private investment firm Graham Partners acquired Berry Global's North American extrusion, converting and coating business. It will combine with Graham's Advanced Barrier Extrusions (ABX) and operate under the ABX name.
Polyethylene Containers Inc. of El Dorado, Arkansas, acquired a 246,000-square-foot former Cooper Standard automotive plant in Los Angeles and is adding a line of 5-gallon pails. The development was reported on December 8, 2020.
Mauser Packaging Solutions completed a new production space in Erkelenz, Germany in summer 2020, housing an IBC wash line and an automated IBC rebottle line, and increased post-consumer resin production.
Tri-Pack Films board approved a new BOPP film production line costing Rs9 billion, announced to the Pakistan Stock Exchange on December 2, 2020. The line is likely to start in 2023.
Flexible packaging company ProAmpac, a portfolio company of Pritzker Private Capital, acquired Canadian packaging manufacturers Rosenbloom Groupe, Hymopack and Dyne-A-Pak. The deal was reported on 2 December 2020.
Plastic packaging provider Comar is developing a new manufacturing facility of about 159,000 square feet in Vineland, New Jersey, to expand capacity from its Buena site. Groundbreaking took place in November 2020 with completion expected in March 2021.
Berlin Packaging has acquired Italian plastic packaging company Pentapackaging, based in Bergamo. It is the ninth Berlin Packaging acquisition in Europe since 2016.
Ngoc Nghia Industry commissioned Frigel Group to completely retrofit the cooling system of its Interpet PET preform plant in Tay Ninh province, replacing eight chillers and four cooling towers.
Atılım Ambalaj has broken ground on a new factory in the Bolu Organized Industrial Zone to produce food stretch film. Production is targeted for 2021 at about 1,300-1,400 tonnes per year.
Klöckner Pentaplast will expand its production facility in Beaver, West Virginia by adding thermoforming capabilities for sustainable food trays. The investment, worth several million dollars, will create 21 full-time jobs.
Altium Packaging has acquired the assets of SFB Plastics, Inc., a Wichita, Kansas maker of HDPE blow-molded industrial containers. The deal was announced on November 16, 2020.
EPL Limited's board approved the acquisition of Creative Stylo Packs, an Indian maker of corrugated boxes and plastic and laminated tubes. EPL will buy a 72.5% stake for cash and the remaining 27.5% through issuance of EPL shares to the founders.
Denmark-based Faerch Group has acquired the Sirap food packaging business in Italy, Poland and Spain from Italmobiliare. The business includes three production sites, and the deal is expected to close within three months, subject to regulatory approval.
PRECISION has completed the expansion of its production facility in Thailand, adding 2,350 square meters to increase production of valve and injection-molded parts and provide additional warehouse space.
Trans-Continental Marketing invested over 3 million pounds to increase capacity at its UK manufacturing sites, completing an 18-metre roof extension to accommodate a new extrusion line, reported on 6 November 2020.
Aktieselskapet Vinmonopolet awarded a framework contract for plastic bags for its stores to Stenqvist AS, with an award value of NOK 45,000,000 dated 3 November 2020.
Berlin Packaging announced the acquisition of Consolidated Bottle Corporation, a Canadian supplier of plastic, glass and metal containers and closures. The deal significantly expands Berlin Packaging's footprint in Canada, and all Consolidated Bottle employees and locations will be retained.
Thailand's SCG Packaging (SCGP) signed a share purchase agreement to acquire 100% of Go-Pak UK Limited, a foodservice packaging maker with its base in Vietnam, expected to close around December 2020 and add over THB 2,800 million in annual revenue.
Jokey Group is building a new production facility in Murcia, Spain, for its Jokey Treplás subsidiary, investing about 12 million euros, to replace the Molina de Segura plant and double capacity, with operation expected in early 2021.
SCG Chemicals and A.J. Plast will set up a joint venture in Vietnam to produce and distribute biaxially oriented film, with a total capital of 700 million baht, SCG Chemicals holding 45%.
SCG Chemicals, a unit of SCC, will subscribe to 40,560,773 new A.J. Plast shares, about 9.22%, at 17.15 baht per share, totaling roughly 696 million baht, in a private placement.