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

WPG on the right path

Despite intensive pressure on prices, Germany's Weidenhammer Packaging Group (WPG) has reported positive results for 2012, with sales revenues up 6.5 per cent on 2011 at €245 million ($320m).

Polythene UK plants Polyair on market

UK polyethylene broker, Polythene UK, has launched a 100 per cent recyclable, carbon positive material, called Polyair.

Size is everything for new cooperative

UK-based Malvern Instruments and Netzsch Grinding & Dispersing of Germany have entered into a cooperative marketing agreement to develop both companies' business in sectors including pharmaceuticals, nanotechnology, food and surface coatings.

Pan-Asian pigments expansion by Clariant

A pigment preparations plant is to be built in Indonesia in a series of investments to strengthen chemical firm Clariant's support for customers in China, India and Indonesia.

BASF targets performance with European restructuring

Chemical company BASF is to take a number of steps to strengthen the competitiveness of its Performance Products segment, including restructuring the businesses and eliminating about 500 jobs by the end of 2015. The news follows its rival Sabic's announcement earlier this week that it is to cut more than 1,000 jobs in Europe.

Stagnant sales in German packaging sector

Sales of packaging and films in Germany remained stagnant in 2012 on the back of the Eurozone financial crisis and a meagre domestic economic growth.

Chemical giant to cull jobs in Europe

More than 1,000 jobs are to go at Sabic Europe after the chemical giant announced a restructuring programme designed to strengthen its European businesses for the competitive challenges ahead.

Gebo Cermex given freedom by Sidel

Sidel has revived the brand name Gebo in the launch of a new company, Gebo Cermex, which sees the conveying and material handling expertise of Gebo combined with the secondary packaging and end-of-line equipment that Cermex specialises in.

IBC joint venture formed in Mexico

Industrial packaging supplier, Mauser Group, has opened MPI, an intermediate bulk container (IBC) joint venture operation with Plastienvsases in Toluca, Mexico.

Austrian manufacturer expands in Thailand

Plastics machinery manufacturer, Engel Austria, has established a new sales and service branch in Bangkok as demand for its products ramps up across the region.

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