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20 Dec 2018
Photo credit: technavio
Technavio analysts forecast the global packaging resins market to grow at a CAGR of nearly 8%during the forecast period, according to their latest market research report.
Surging demand for bioplastics is one of the major trends being witnessed in the global packaging resins market 2018-2022. Bioplastics are biodegradable products that are derived from various natural and renewable ....
14 Dec 2018
Sumitomo Chemical has decided to relocate its Tokyo Head Office in the latter half of 2021.
The new premises will be located within an office building connected directly to Nihombashi Station, a subway station served by three subway lines, including the Toei Asakusa Line which provides direct access to both the Haneda and Narita airports without any transfers. The relocation will enhance the convenience of Sumitomo ....
26 Nov 2018
Bangkok, Thailand – Indorama Ventures (IVL) has entered into an agreement to acquire Sorepla Industrie S.A., a plastics recycling facility in France. Founded in 1991, Sorepla Industrie is one of the largest recyclers in Europe. The facility consists of three production lines; Recycled Polyethylene Terephthalate (rPET), Recycled High Density Polyethylene (rHDPE) and food-grade Pellets, with a combined capacity of 5....
20 Nov 2018
CHINA – Danish soft drink specialist, CO-RO Food, has acquired the majority shareholding in Golden Creation Trade Co. Limited, trading as JKD for an undisclosed sum. The acquisition is expected to generate a 30% growth rate in 2019 for CO-RO in China in the HoReCa sector (hotels, restaurants, and catering).
CO-RO JKD will have Huiyuan distributor as the distribution partner for the company.
Huiyuan holds brand dis....
25 Aug 2018
Made from sugar cane, bio-sourced plastics offer a new level of sustainability
Wiltz, Luxembourg, and São Paulo, Brazil, 23 August 2018 – UNITED CAPS, an international manufacturer of caps and closures, and Braskem, a leading Brazilian petrochemical company, today reported they have collaborated to deliver to the market GREENER bio-sourced plastic caps and closures made from sugar cane as an addition to the UN....
28 Apr 2018
New plant in Malaysia on track to open late 2018
Wiltz, Luxembourg– UNITED CAPS, an international manufacturer of caps and closures, announced that it will be exhibiting for the second time at Propak Asia, scheduled for 13-16 June 2018 at the Bangkok International Trade Exhibition Centre.
“With the upcoming opening of our new manufacturing plant in Malaysia,” said Benoît Henckes, CEO of UNITED CAPS, “we ....
