The Ferrero Group is making further strides in its commitment to making 100% of packaging reusable, recyclable or compostable by 2025. As part of this journey, the business has announced new global partnerships with HolyGrail 2.0 and Consumer Goods Forum (CGF).
Plastics and rubber processing machines, all indicators good for the first half year: turnover and orders are growing
In the first quarter of 2021, Italian plastics and rubber processing machinery manufacturers in the trade association Amaplast recorded double-digit increases in orders and turnover over the same period in 2020.
Oben Group announced the acquisition of Poligal Group, effective February 25, 2021. This acquisition includes the BOPP and CPP production plants in Portugal and Poland, commercial offices in Germany and an extensive sales and distribution network throughout Europe.
A US$1-trillion loss from the pandemic, estimated by the United Nations Conference on Trade and Development (UNCTAD), is an expensive lesson to learn for global economies while recovery anticipated remaining lethargic in 2021.
bp and SABIC have just signed a new agreement to work together to drive circular economy in the petrochemical activities at the Gelsenkirchen (Germany) chemical complex. Building on a long established relationship between the two companies at the production site, the new collaboration will help to increase production of certified circular products.
The Polymers for Europe Alliance was set up by the European Plastics Converters association (EuPC) in 2015 due to the shortage of polymers for converters in Europe.
ISTAT foreign trade data for the first nine months of last year, compared to the same period in 2019, show imports and exports falling by 17% and 14% respectively. The balance of trade, while still amply positive at over 1.3 billion euros, has shrunk by thirteen points.
Due to protection measures against coronavirus, consumers no longer bring their durable bags to supermarkets, said Turkish Plastic Industrialists Research, Development and Education Association (PAGEV).
We are thrilled to inform that Vostock Capital remains a reliable partner. We do our best to strengthen business relations of successful companies.
Total packaging industry deals for February 2020 worth $823.28m were announced globally, according to GlobalData’s deals database.
China is one of the largest export markets for the German plastics processing machinery industries. Therefore, the VDMA Plastics and Rubber Machinery Association has been keeping close eye on the latest developments related to the coronavirus outbreak.
