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Avantium signed a capacity reservation agreement with Logoplaste for releaf PEF, a plant-based recyclable polymer. Logoplaste reserves future volumes from licensed plants using Avantium's YXY Technology.
Packaging maker LOGOPLASTE has joined the Bottle Collective as technology partner, alongside PA Consulting and PulPac, to accelerate recyclable dry molded fiber bottles. LOGOPLASTE will lead work on bottle barrier lining performance.
The European Commission approved under the EU Merger Regulation the acquisition of joint control over Luxembourg-based rigid packaging maker Logoplaste by Ontario Teachers Pension Plan (OTPP) and Nikky Investments. The Commission found no competition concerns.
Logoplaste plans a $35 million, 100,000-square-foot rigid plastic packaging facility on about 16 acres in Lima, Ohio, creating 37 jobs initially and 51 within three years.
Logoplaste Group acquired a majority stake in Masterchem, a Polish PET container manufacturer, forming Masterchem Logoplaste led by CEO Piotr Wasilewski, with the deal completed after UOKiK antitrust approval.
Logoplaste Group signed an agreement to acquire a majority stake in Polish PET container manufacturer Masterchem, with the founding family keeping a significant minority stake. Closing is expected in Q1 2020, subject to regulatory approvals.
