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Newsline

NewsLine is Plastics in Packaging’s daily news service and reports on stories affecting the flexible and rigid plastics packaging industries

IPG to buy three Amcor plants

Amcor is to sell three Australian flexible packaging plants to Integrated Packaging Group (IPG) for A$22 million (US$22.6m) subject to approvals.

The sites, in Victoria

Supply chain waste targets ahead of schedule

Waste reduction targets across the UK supply chain are ahead of expectations, according to figures released as part of Courtauld Commitment 2.

An 8.8 per cent

PET recycling rate holds steady in US

The US recycling rate for PET containers showed little movement in 2011, according to figures released by the National Association for PET Container Resources (Napcor) and the Association of Postconsumer Plastic Recyclers (APR).

The PET recycling rate

UK recycling targets threatened by China

China is considering measures that mirror a ban on plastics waste from the EU recently announced by Malaysia, which could jeopardise the UK's chances of meeting government recycling targets, claims an industry association.

RPET capacity to increase in France

A joint-venture between APPE and Coca-Cola Enterprises (CCE) in France will allow an extra 390 million PET bottles to be recycled through APPE’s state-of-the-art PET recycling facility in Beaune.

BWAY to be acquired by Platinum Equity

Platinum Equity LLC is to acquire BWAY Parent Co Inc from Madison Dearborn for US$1.24 billion. The transaction is expected to be completed before the end of 2012.

Scientex acquisition will expand operations

Scientex has announced that it is buying the core businesses of GW Plastics Holdings Bhd for MYR283.2 million (US$92.6m).

Graham Group gains control of American Kuhne

US-based Graham Group has acquired controlling interest in American Kuhne, the Rhode Island-based manufacturer of (A-K)extruders, screws and integrated extrusion systems.

Coca-Cola partnership to fertilise PlantBottle growth

Coca-Cola Company plans to expand the production of the material used in the PlantBottle after securing a partnership with JBF Industries.

Profit pitfall for Symphony Environmental

Controlled life plastics technology supplier Symphony Environmental Technologies has reported a 45 per cent drop in half-year turnover compared to 2011,

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