Petainer Innopac Packaging plans to set up two production units, one in the South (Chennai or Bengaluru under consideration) and one in the North (location undecided). The plans were reported on 2017-02-23.
PET Technologies, with partner Thermo-Pack, supplied a complete filling line for 5 l PET bottles with reduced preform weight to Armenian bottler Jermuk Group, which also installed an APF-5 stretch blow molding machine.
Scotland Excel awarded Craemer UK Limited a GBP 50 million contract to supply and deliver recycling and refuse containers, bins and sacks to local authorities in Scotland.
Sepro Group plans to expand its facility in Warrendale, Pennsylvania, and begin assembling large robots there in Q4 2017. The company reported record sales of 103 million euros in 2016.
RPC Group has acquired Letica Corp., which makes injection-molded and thermoformed containers, packaging and paper products for end markets including food service. The deal value is not stated in this article.
Rama Bohemia, a.s. awarded a contract to Engel CZ s.r.o. for the supply of 4 horizontal injection molding machines with robots and conveyors, valued at CZK 17,162,400. The award was made on 2017-04-10.
Cosmo Films installed a new 10.4-metre BOPP line at its existing Karjan facility near Vadodara, Gujarat, raising annual capacity 40 percent to 196,000 MT. The line cost about Rs 200 crore and was commissioned ahead of schedule.
Dutch packaging company Mauser Group agreed to be acquired by BWAY Corp., backed by Stone Canyon Industries, in an all-cash deal of $2.3 billion. The sale followed a planned U.S. IPO that was pulled.
Stone Canyon Industries signed a definitive agreement to buy Mauser Group N.V., a rigid industrial packaging maker, from Clayton, Dubilier & Rice in an all-cash deal valued at $2.3 billion. Mauser has 4,500 employees and 111 manufacturing facilities across 18 countries.
Mondi Group bought UK-based Excelsior Technologies from funds managed by Endless and minority shareholders for a total consideration of GBP 33 million on a debt and cash-free basis. Excelsior operates plants in Deeside and Nelson and makes flexible food packaging.
French thermoforming company Vercors has decided to set up a new industrial facility that will triple its current production area.
Teknor Apex Co. will build a 200,000-square-foot distribution facility in Brownsville-Haywood County Industrial Park, representing a $32.2 million investment and creating 50 jobs. The building should be operational by September 2017.
Berry Plastics has completed its acquisition of AEP Industries, expanding its product offerings and production capacity in its Engineered Materials Division. Berry issued 6.5 million shares and paid $297m in cash, and eliminated $164m of AEP's debt.
Cleveland Steel Container Corporation acquired privately held U.S. Coexcell, Inc. of Maumee, Ohio, a maker of multi-layer plastic drum packaging, in a transaction for which P&M Corporate Finance was exclusive financial advisor.
Teknor Apex will invest $32.2 million to build a 200,000-square-foot distribution facility in Brownsville, Tennessee, creating 50 new jobs. The expansion will allow growth of manufacturing units at its existing plant.
PTT Global Chemical's subsidiary Solution Creation Company agreed a joint venture with SP Petpack, taking a 25% share in SP Petpack Inter Group (Thai) for about Bt50 million to build a packaging factory in Myanmar.
Hera subsidiary Herambiente signed a binding agreement to acquire the Aliplast Group from Aligroup S.r.l., with an enterprise value of roughly EUR 100 million, paid in stages through June 2022.
Jones Plastic and Engineering Co. LLC announced an expansion of its Camden, TN facility, investing $4.5 million and creating 52 new jobs to accommodate growing demand and new equipment.
Middleton-based Trelleborg Flexible Containment Solutions signed a contract worth £1.1m in Santiago with a publicly owned Chilean company that supports the Chilean army, with up to three further contracts possible through 2019.
Ube Machinery Corporation and Mitsubishi Heavy Industries Plastic Technology Co., Ltd. have agreed to merge their injection molding businesses through a share transfer, forming U-MHI Platech Co., Ltd.
UFlex is building an aseptic liquid packaging manufacturing plant that it expects to be commercially operational by April 2017.
UFlex, an Indian flexible packaging company, launched its ASEPTO aseptic liquid packaging brand for juices, milk and dairy products, with an aseptic packaging plant due to be commercially operational by April 2017.
Amcor Rigid Plastics will invest $40 million to double production at its Bellevue, Ohio facility, adding 126,000 sq ft of manufacturing space and 85,000 sq ft of warehouse space, with completion expected next year.
Amcor Rigid Plastics will invest $40 million to double production at its Bellevue, Ohio facility, adding about 126,000 sq ft of manufacturing space and 85,000 sq ft of warehouse space, supported by a JobsOhio grant. The expansion started in 2017 and is expected to finish in 2018.
Sterilite Corp of Townsend, Maryland plans a new 2.5 million square foot plastics facility in Davenport that would create 500 jobs over five years. City estimates put land and building costs at $73 million.
Austrian plastic packaging group ALPLA has acquired Star East Pet, a Brasov, Romania producer of PET preforms, in a deal signed earlier in 2017 with undisclosed value and expected to complete mid-2017.
Effective December 22, 2016, Trienda Holdings, L.L.C. acquired The PendaForm Company. The combined entity will operate under Kruger Brown Holdings, LLC and become the largest heavy-gauge thermoformer in North America.
Canadian packaging company CCL Industries agreed to acquire Innovia Group from private equity investors led by The Smithfield Group in a deal worth CA$1.13 billion ($840 million), announced December 2016.
CCL Industries has agreed to acquire the Innovia Group, a producer of BOPP films, from a UK consortium managed by The Smithfield Group for about $1.13 billion, debt free. Closing is expected by the end of Q1 2017.
Munich-based industrial holding Armira acquired PolyCine GmbH, a supplier of non-PVC PP films and tubes for pharmaceutical IV and blood bags with headquarters in Schiffweiler, Germany. MP Corporate Finance advised the founders on the succession sale.
Qatar's Muntajat signed its first international agency marketing agreement with Total at K Trade Fair 2016 in Dusseldorf. From January 2017, Muntajat will market Total's metallocene polyethylene and polystyrene grades in the Middle East and Egypt.
RPC announced a proposed acquisition of Maastricht-headquartered ESE World BV for around €262.5 million. ESE will become an independent unit within RPC Promens, with completion expected in Q1 2017 subject to regulatory approval.
Plamako is building an extension to its premises in Anderstorp, Sweden, more than doubling its production area. The new machine hall will be used for assembly and test runs of automation solutions for the plastics industry.
Ergis plans to start a third nano stretch film production line in Oława in the second quarter of 2017 at a cost of PLN 30 million, raising capacity by about 40% to over 60,000 tonnes.
Chicago private equity firm Wind Point Partners has acquired Paragon Films, a manufacturer of cast stretch films headquartered in Broken Arrow, Oklahoma, which operates three plants in Oklahoma, North Carolina and Washington state. Terms were not disclosed.
Sealed Air's subsidiary CJSC Sealed Air Kaustik has started construction of a €9.5 million food packaging plant in Volgograd, Russia, within a renovated factory of partner JSC Kaustik. The plant will make multilayer PP film packaging for processed meat and employs 45 workers, with plans to grow to 68.
Newell Brands agreed to buy New Zealand-based Sistema Plastics for about $470 million and Virginia-based Smith Mountain Industries for $100 million, adding food storage and home fragrance brands.
Stone Canyon Industries, via its BWAY Corp unit, is in exclusive talks to buy industrial packaging company Mauser Group from Clayton Dubilier & Rice for more than $2 billion, though no deal is certain.
Innovative Tech Pack Ltd won a five-year contract from Dabur India to supply PET and plastic packaging for Dabur plants in India, Bangladesh and Nepal, expected to bring about Rs 400 crore of business over five years.
Hexpol AG invested $9.2 million (EUR 8.7 million) in a 135-litre rubber mixing line at its Queretaro facility, adding about 12,000 tonnes of capacity to 53,000 tonnes per year; the addition was celebrated at an open house on 16 November.
Greiner Bio-One inaugurated an expansion of its factory in Americana, São Paulo state, with R$42 million invested in construction and operations. Some equipment started in December 2016 and more is due to start operating in 2017.
Bemis Manufacturing is adding 15,200 square meters and three 1,000-1,500 ton presses to its Monterrey plant, and the building can support future presses up to 4,400 tons. The company plans to hire once the expansion is complete.
Amcor Rigid Plastics purchased a Sacmi CBF20 20-cavity compression blow forming machine for making HDPE pharmaceutical bottles at its Youngsville, North Carolina plant, announced in late 2016.
Young's Seafood unveiled a modified atmosphere fish pack with newspaper-style print developed with packaging maker LINPAC, to be launched by retailer ASDA, reported November 28, 2016.
RPC Containers Blackburn developed a new, narrower 3.6L injection-moulded PET jar in a custom mould for Tangerine Confectionery's sweet range, reported November 28, 2016.
Wellspring Capital Management has sold its 100% stake in flexible packaging company ProAmpac to Pritzker Group Private Capital. Financial terms were not disclosed.
Amcor Rigid Plastics will invest $45 million to add 186,000 square feet of production and warehousing space at its Bellevue, Ohio plant, with incentives structured by Silverlode. Additional employees will be hired.
Wood Group won a USD 40 million contract from ExxonMobil Chemical to provide main automation contractor services, covering detailed design and construction of process control systems for a new polyethylene plant in Beaumont, Texas.
Collcap Group is set to merge with Spanish packaging manufacturer Quadpack Industries. Quadpack will retain its brand name and Collcap's office in Leek, UK.
Corbion and Total announced a 50/50 joint venture to produce and market PLA polymers, based in the Netherlands. Operations are expected to start in Q1 2017, subject to regulatory approvals.