Tower Growth Management acquired Nottingham-based packaging firm Visual Packaging for an undisclosed sum, planning to grow its turnover from £2.6m to £3.3m with biodegradable plastic packaging.
PT Pelangi Indah Canindo (PICO) is set to realize its fourth factory in Cikupa, Tangerang, producing plastic drum packaging, with German machinery being installed, funded by about Rp 60 billion capex from loans and internal cash.
Polibak, a subsidiary of Bakioğlu Holding, signed a contract with Brückner for the largest BOPP film production line in Turkey, with 10.4m line width and output over 7,400 kg per hour, boosting its capacities by 40%.
Turkish film producer Polibak signed a contract with Germany's Brückner to build the largest BOPP film production line in Turkey in Izmir, expected to raise its nameplate capacity by 40% to 180,000 tons/year by Q3 2019.
Constantia Flexibles Group is investing in new technology at its flexible packaging subsidiary in Vietnam to expand its product portfolio. The item is dated March 20, 2018.
Newark, New York flexible packaging maker Maco PKG became the third North American licensee of Dow's PacXpert stand-up pouch technology, to manufacture, sell and co-pack it in North America.
SAMCA has started operations at its EUR 84 million expansion of the Brilén plant in Barbastro, doubling PET production capacity to 250,000 tonnes. The project created 200 jobs during installation and is partly funded by the Aragon government.
Brilén, a Spanish polyester plant in Barbastro, is studying a restructuring of its filament section affecting nearly 50 staff, with cuts starting 7 January. Output is being reduced from 6,000 to 4,500 tonnes due to cheaper Chinese competition after EU tariff removal.
RPC is buying Nordfolien GmbH, a maker of flexible packaging such as the NordiPure bag-in-bag, to build its flexible packaging platform. The article reports the deal on 2018-03-13 without stating a value.
MonoSol, a Kuraray division, will initially invest US$72 million to build a 150,000-square-foot water-soluble film manufacturing facility in Lebanon, Indiana, expected to create up to 89 jobs by mid-2020. The site adds about 18 percent to existing global capacity.
Atlantis-Pak, part of Agrokom Group, began construction of a 3.4 billion ruble plant in the Yuzhno-Bataysk industrial park to make high-barrier films for food packaging, with 10,000 tonnes per year capacity and first-phase start planned for February 2020.
Rubber and plastics manufacturer JDS Technologies will invest $2.2 million to establish a new manufacturing facility in Winfield, Scott County, Tennessee, creating about 110 jobs over five years. The company will refurbish a former American Bag Company building.
UAE-based Hotpack has announced a $100 million investment in a new manufacturing and distribution facility in Edison, New Jersey, its first North American production base. The 70,000 sq ft plant will customise plastic and paper cups, containers and clamshells and create 200 jobs in the first phase.
Kendall Packaging completed an expansion of its Pittsburg, Kansas manufacturing facility at an estimated cost of $10 million. The project broke ground in September 2016 and was completed by January 2018, doubling the plant size.
Treofan Americas plans to install a 10-meter wide BOPP extrusion line in late 2018 adding 30,000 tons of capacity at its Zacapu, Mexico plant. The total project capital expenditure is estimated at $65 million.
CCL Industries signed a binding agreement to acquire Treofan America Inc. and Trespaphan Mexico Holdings from M&C S.p.A. for a net purchase price of about $255 million. Closing is expected in Q2 2018, subject to regulatory approvals.
Transcontinental Inc. has acquired Multifilm Packaging Corporation, a flexible packaging maker in Elgin, Illinois, near Chicago, employing over 70 people and serving high-end confectionery markets.
Biazet S.A. is adding 6,000 square metres to its Bialystok factory, bringing the plant footprint to 24,000 square metres, with work starting March 2018 and completion due October 2018, including new injection moulding machines.
Venture Plastics expanded its Newton Falls, Ohio headquarters by 17,000 square feet and installed a 1,400-ton injection molding machine to win larger automotive parts. The expansion was finished in March 2018.
Georg Menshen GmbH & Co KG and logistics provider Schäflein AG renewed their logistics cooperation through a multi-year follow-on contract. Menshen products are stored at Schäflein sites in Schwerte and Kitzingen, Germany, on 16,500 square metres.
WERIT Kunststoffwerke started production of EURO H1 plastic hygiene pallets at its Buchholz (Westerwald) site with a fully automated line, in an investment of undisclosed millions of euros. The article is dated 28 February 2018.
Belgian public buyer ICDI awarded Plastic Omnium SA a contract worth EUR 172,638 for containers of 40 to 45 litres, through an open procurement process with award date 2018-02-20.
Poligal, a Grup Peralada member, began production at its new €40 million plant in Skarbimierz, Poland, with a Brückner extrusion line and capacity of 40,000 tonnes per year of BOPP film. Metallization will be added later this year.
Steel Partners Holdings, parent of UK-based API Group, completed the acquisition of specialty coated film manufacturer Dunmore, reported on 20 February 2018.
Ring Container Technologies of Tennessee plans to open a plastic bottle plant near Hagerstown, Maryland, in a revamped existing building, producing HDPE bottles for food packaging. It is expected to start operating around mid-2018 and initially employ 18 people.
Schur Flexibles Group acquired packaging firms Cats-Hansel and Nimax from Clondalkin, including plants in Rotterdam, Freital and Elst.
UK packaging company DS Smith designed injection-moulded reusable plastic tote boxes for Spanish retailer Zara, suited to its automated picking system.
Berry Global Group acquired plastic products company Clopay for $475 million to optimise production capacity and reduce costs.
Berry Global is considering a $70 million project to add four thermoforming lines and seven printers for cups and lids at its Evansville, Indiana plant, with about 150 jobs expected. The plan emerged from a tax abatement application reported on 2018-02-13.
Direct Pack, a PMC Global subsidiary, installed six silos with Superior Cranes at its Rockingham plant to receive resin by truck in bulk, lowering material costs. The silos each hold 250,000 pounds of raw and recycled material.
Swiss closure maker corvaglia group announced plans for a new manufacturing facility in Newnan, Georgia, to produce one-piece plastic caps and closures for the North American beverage market, operational by year-end 2018.
Amcor Rigid Plastics is installing two new blow molding lines at its Hazelwood, Missouri plant to make plastic containers for multiple products. The expansion will require about 50 additional jobs.
Auer Packaging of Amerang, Germany, won a Europe-wide tender from Volkswagen for around one million RL-KLT plastic small load carriers, worth three million euros. The containers will be delivered to Volkswagen suppliers across Europe.
TG Fluid Systems USA is adding 62,000 square feet to its Brighton, Michigan plant for $11 million, consolidating operations from Howell. The expansion, due for completion in March 2018, is expected to create 35 entry-level factory jobs.
HSIL plans to expand its security bottle caps facility in Telangana with a Rs 100 crore investment, raising capacity from 230 million to one billion units per year, with commissioning expected by September 2018.
HSIL Ltd has commissioned a Rs 160-crore pipe manufacturing plant at Ishnapur in Medak district, Telangana, with capacity of 30,000 mt, to enter the CPVC and UPVC pipes business, using CPVC resin supplied under an alliance with Sekisui Chemical.
HCP Packaging Group held a ground-breaking ceremony on 22 January 2018 for the first phase of a multi-year expansion at its Rusi site in Bechhofen, Bavaria, adding two production buildings and injection moulding and decoration equipment, expected to be fully operational by October 2018 and raising annual capacity by over 60%.
Perlen Packaging AG, the packaging division of the CPH Group, agreed to acquire a 60% majority stake in Brazilian company Sekoya Industria e Comercio Ltda., effective retroactively from 1 January 2018, with formal closing planned for end of February. The price was not disclosed.
Graham Packaging will invest $6.7 million to expand its manufacturing operation in Campbell County, Virginia, creating 8 new jobs and retraining 37 employees on new technology.
AST Kunststoffverarbeitung GmbH of Erndtebrück, Germany, has acquired a majority stake in Dutch plastic drum and canister maker Euromouldings in Nijverdal from Wadinko NV, effective retroactively from December.
Brookfield Asset Management's private equity group agreed to acquire a 75% interest in Dutch returnable plastic packaging maker Schoeller Allibert Group for about EUR 205 million (about USD 245 million), buying it from JPMorgan Chase. The Schoeller family keeps 25%.
Brookfield Business Partners and partners agreed to acquire a 75% controlling stake in Schoeller Allibert, a European returnable plastic packaging maker, for €205 million from a J.P. Morgan subsidiary.
Sunderland-based Pakway, which turns waste plastic bottles into packaging sheet, plans to double its capacity, with a second production line arriving in April 2018 and full capacity expected by end-2018.
Packaging supplier Houweling Group developed 10-litre jerrycans made from 100% post-consumer recycled HDPE for Uzin Utz Nederland, cutting CO2 by up to 75% versus virgin HDPE.
HOCHTIEF Polska's Krakow branch won a design and build contract from Alupol Films to erect a building of over 5,500 square metres for packaging material production in Oswiecim, due for completion in summer 2019. The contract value is confidential.
Aegg is investing 2 million pounds in a new 60,000 sq ft UK food packaging manufacturing facility in Eye, Suffolk, making PS, PET and PP food pots and bowls, with first production planned for 2018.
Reliance Packaging invested about 4 million dollars in equipment and 1.5 million dollars in building improvements to add a new extruder and printing press at its Aberdeen, North Carolina plant, roughly doubling daily production capacity.
In 2018, Advent International acquired a 77% stake in Indian rigid plastic packaging maker Manjushree Technopack from Kedaara Capital and the promoters. The deal value was not disclosed.
Inline Plastics is adding three thermoforming production lines and expanding its facilities in Shelton, Connecticut, Salt Lake City and McDonough, Georgia, creating 60 new jobs. The article's dates are inconsistent and may be older than the stated article date.
Placon completed the acquisition of privately held rigid plastic container maker Plastic Packaging Corp. The target has a 100,000 sq ft plant in West Springfield, Massachusetts, and 141 employees.