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Daily news service for the flexible and rigid plastics packaging industries

Pretium confirms fifth deal in four years

Pretium Packaging has completed its fifth acquisition in the past four years with the purchase of US-based HDPE container manufacturer Cox Containers. The Genstar Capital-owned business...

AptarGroup bids $555m for CSP Technologies

US-based packaging, dispensing and sealing solutions firm AptarGroup is to acquire speciality protective packaging provider CSP Technologies for $555 million, subject to approvals. The...

Kiefel regroups packaging activities

Following several acquisitions in recent years, German machinery maker Kiefel is to group all of its packaging activities into one Kiefel Packaging Division. The new...

Maier breaks ground on Bergen facility

Maier Packaging has broken ground on a 3,000 sqm building in Bergen, Germany, which is set for completion by March 2019. The Optima Group...

Cautious outlook for BASF despite rising sales

Higher prices across all of its business segments have helped plastics giant BASF Group to a slight second quarter increase in sales and earnings. Sales...

Italian cooling systems manufacturer acquires IsoCool

Italian cooling machinery manufacturer Eurochiller has acquired UK-based IsoCool as part of an investment strategy that targets growth in international markets. IsoCool has been working closely...

ExxonMobil starts up Baytown ethane cracker

Operations have started at ExxonMobil Chemical Company’s new 1.5 million tonne ethane cracker, which is providing ethylene feedstock to polyethylene lines at the company’s...

Regulations drive demand for biodegradable plastics

An increasing number of regulations and bans against plastics bags and other single-use plastics items is driving demand for biodegradable plastics in Western Europe,...

Plastics the bright spot in Silgan’s second quarter results

A record second quarter net income of $55.3 million has been reported by Silgan Holdings as its plastics containers and closures business units continue...

Danish converter closes the loop on food trays

Packaging converter Faerch Plast is to acquire Dutch firm 4PET Group, which will make it an integrated plastics packaging supplier with the ability to...

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