Trinseo signed a definitive agreement to acquire API Applicazioni Plastiche Industriali, a company in the plastics sector.
Sonoco agreed to buy 100 percent of Clear Lam Packaging, a family-held maker of high barrier flexible and forming plastic films, for about $170 million in cash. Clear Lam operates in Elk Grove Village, Illinois and Nanjing, China, and closing is expected in Q3 2017.
Treofan invested $45 million in a new biaxially oriented polypropylene film line at its Zacapu, Mexico plant, adding about 30,000 tons per year of capacity, with operation due in Q4 2018. Brückner Group will supply the line.
Kanodia Technoplast, a gravure printing and flexible packaging company, plans a fifth manufacturing facility at Kundli, India by the third quarter of fiscal 2017-18.
Jabil inaugurated new installations in La Aldea and Tortosa (Tarragona), Spain, including a 6,000 sq m site with a technology centre and mould and die plant, expected to create 80 new jobs over the medium term.
Turkish flexible packaging maker Korozo Ambalaj signed stock transfer and partnership agreements with private equity firm Actera Group. The transaction awaits Turkish Competition Authority approval.
UNITED CAPS announced it will acquire the caps, closures and handles business of Dewit Plastics, including screw, tamper-evident and child-resistant closures. The acquired assets will be integrated into UNITED CAPS' plant in Hoboken, Belgium, with closing expected at the end of May 2017.
GualapackGroup announced the acquisition of Mexican converter Excel Nobleza S.A.P.I. de C.V., establishing a laminates manufacturing presence in Mexico, with the Herrero family remaining in management.
IPL Inc. announced the acquisition of Macro Plastics Inc., a rigid plastic bulk bin maker headquartered in Fairfield, California, for US$150 million. Macro operates three plants in California, Washington and Kentucky and gives IPL a West Coast presence.
Fullmer built a 296,000 sq ft concrete tilt-up warehouse for bottle maker Plastipak Packaging in Victorville, California, within the Southern California Logistics Centre. The plant blow-molds bottles for an adjacent Dr Pepper bottling facility and is Gold LEED certified.
Continental is investing approximately $12 million in its ContiTech PVC hose business, creating a new competence center at its upgraded Mount Pleasant, Iowa plant, with more than 40 jobs added.
LyondellBasell broke ground on its first commercial Hyperzone polyethylene plant at its La Porte, Texas complex. The plant will produce 500,000 metric tons of HDPE annually and is planned to start up in 2019.
Viking Plastics, a portfolio company of Spell Capital, announced its acquisition of Genesis Plastics and Engineering, LLC, a Scottsburg, IN-based manufacturer of automotive interiors and custom injection molded products.
Sigma Plastics Group acquired BJK Flexible Packaging, adding 45 million pounds of blown film capacity and serving food packaging and other end markets in Kentucky.
Amcor announced an acquisition of a speciality container business in Colombia on May 3, 2017. The announcement text provided does not give the target name, price or other deal details.
Uponor announced in May 2017 a $17.4 million expansion of its Apple Valley, Minnesota manufacturing facility, expected to be completed by January 2018.
German rigid plastic packaging manufacturer Jokey Group acquired Treplas, an injection molding company based in Molina del Segura, Murcia, Spain, to strengthen its position in the Iberian Peninsula. The deal was announced in May 2017.
Amcor is spending almost $10 million to open a new on-site bottling plant at Campbell's Soup's factory in Paris, Texas, to make about 50 million hot-fillable PET bottles a year for V8 juices. The announcement was reported on 1 May 2017.
New Zealand's Overseas Investment Office approved the sale of plastic container maker Sistema to Newell Brands for $660 million. Newell plans to keep manufacturing in New Zealand for 20 years at a new 52,000 sqm facility.
Noida-based Innovative Tech Pack Ltd signed a five-year agreement to supply caps for Bisleri's still water and carbonated beverage bottles, entering the carbonated beverage closure market.
The EBRD, private equity firm Actera and Esas Holding are acquiring a majority stake in Korozo Ambalaj, a Turkish flexible packaging producer that is building a new facility in Corlu, Tekirdag.
B&D Plastics is expanding its existing facility in Gautier, Mississippi, with a $750,000 investment that will add a 9,375-square-foot production and assembly facility and a 7,000-square-foot warehouse, creating 35 jobs.
Amcor Rigid Plastics opened an in-line bottle manufacturing operation at Campbell Soup's plant in Paris, Texas, investing $7 million to repurpose 6,000 sq ft. It is expected to produce about 50 million hot-fill PET bottles a year for V8 products.
Ohio Pack LLC will build a 135,000-square-foot plant in Heath, Ohio, investing nearly $25.4 million and adding 66 jobs over five years. The facility will make blown plastic film for flexible packaging, with hiring starting in 2018.
Amcor Rigid Plastics opened an in-line operation at Campbell Soup's Paris, Texas plant to produce about 50 million hot-fill PET bottles a year for V8 products. Amcor invested $7 million to repurpose 6,000 sq ft of the facility.
Quebec injection molder IPL Inc. won a $13 million contract to manufacture about 325,000 rolling green bins for Calgary's new composting program. The city announced the program on April 20, 2017.
Austrian packaging manufacturer ALPLA agreed to acquire a 100% stake in Star East Pet SRL, a PET preform producer based in Brasov, Romania. Completion is expected in mid-2017, subject to antitrust approval; financial terms were not disclosed.
Wavin is investing SEK 80 million in new production lines at its Kjula plant outside Eskilstuna, Sweden, to raise output by up to 70 percent. Work starts in 2017 and is due for completion in Q2 2018.
Grupo Phoenix will invest $48.7 million to expand its Phoenix Packaging Operations plant in Dublin, Pulaski County, Virginia, creating 145 new jobs. It is the company's third expansion there.
Sources say Bedminster Capital has authorized the sale of its 80% stake in Turkish packaging company Propak Ambalaj, with Constantia Flexibles among four interested bidders. Propak did not comment.
Scholle IPN opened a 6,000 square meter flexible packaging plant in Palghar, India, which began operations on December 14, 2016. The facility makes aseptic bag-in-box packaging, drum bags and fitments for the local tropical fruit juice industry.
Loews Corporation has agreed to acquire Consolidated Container Company, a rigid plastic packaging manufacturer, from Bain Capital Private Equity for approximately $1.2 billion, with closing expected in the second quarter of 2017.
Klöckner Pentaplast (KP) signed a binding agreement to acquire Linpac Senior Holdings for an undisclosed sum, creating a global rigid and flexible film producer with combined revenues above $2 billion, expected to close in summer 2017.
HSV Packaging & Logistics was selected by Audi as one of four suppliers to provide EPP transport trays over four years for its plants, with Bentley, Lamborghini and MAN also included in the contract.
Principle Construction Corp. has completed construction of a new 267,000 sq ft build-to-suit plastics manufacturing facility for Winpak Portion Packaging in Sauk Village, Illinois.
Winpak Portion Packaging agreed with Dermody Properties' DP Partners to develop a 267,000 sq ft manufacturing facility in the DP LogistiCenter at Sauk Village, Illinois, creating 40 jobs, as part of a $30m investment.
Pretium Packaging announced the acquisition of Patrick Products Inc., a rigid blow-molded plastic container producer based in Leipsic, Ohio, serving janitorial, automotive and household chemical markets. The deal combines the two companies' North American footprints.
Amcor Flexibles will install a UV flexo printing press at its Kreuzlingen site in Switzerland to serve pharmaceutical packaging markets, as part of a European printing investment plan that also includes a digital press at Cramlington, UK.
Plastic Omnium finalized the sale of seven European automotive exterior sites (four in France, one in Spain, two in Germany) to Flex|N|Gate for an enterprise value of €200 million, a disposal required by the European Commission after the Faurecia Auto Exterior takeover.
Alpla India is planning an end-to-end PET bottle recycling plant in Hyderabad to produce high-quality recycled polymer, with a capacity of 5,000-6,000 tonnes a year. An investment decision is expected within six to eight months, with the investment estimated at INR 20-30 crore.
Inline Plastics Corp. has added six new thermoforming lines and expanded its facilities, including 157,200 sq. ft. of space in Georgia, to meet growing demand for its food packaging products.
SOCAR GPC selected Univation's UNIPOL PE technology and XCAT metallocene technology for a world-scale 600,000 tpy polyethylene plant to be built in Garadagh, Azerbaijan, with Linde Engineering completing the basic engineering design package.
Thong Guan Industries is investing about RM35 million to expand production in Sungai Petani, including a new nano-layered stretch film line starting in September 2017 and more PVC food-wrap lines.
Solegear Bioplastic Technologies and Braskem announced a three-year partnership in which Solegear will use Braskem's I'm green bio-based polyethylene to produce and distribute household recycling containers under its good natured brand.
Danone and Nestlé Waters launched the NaturALL Bottle Alliance with California startup Origin Materials to develop 100% bio-based PET bottles made from non-food feedstocks. The partners expect first bottles in stores by 2020.
Wisconsin-based Vonco Products LLC acquired Genesis Plastics Welding of Fortville, Indiana, merging the two firms' contract manufacturing and plastic packaging capabilities.
Jcoplastic SpA of Battipaglia was awarded a public tender by SETA spa for supply of polyethylene waste containers of 120 to 1100 litres with RFID tags, valued at EUR 304,445 on 27 February 2017.
Bain Capital is buying Belgian PET preform specialist Resilux, alongside its acquisition of Petainer, with the businesses possibly being combined.
Private investment firm Bain Capital, through its Europe fund, is acquiring UK packaging company Petainer, a deal that runs alongside its purchase of Belgian preform maker Resilux and may see the businesses combined.
Petainer Innopac Packaging is installing an additional line at its Maharashtra facility, with each new line investment reported at INR 14 crore. The report is dated 2017-02-23.