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Thai conglomerate targets PTA/PET acquisition

Thai conglomerate PTT is planning to acquire majority ownership of Siam Mitsui PTA and Thai PET Resin for €108 million from Mitsui Chemicals (MCI)...

Secos’ Malaysia plant starts initial production runs

Bioplastics producer Secos Group has started production at its Malaysian resin plant in Kuala Lumpur with trials of the resin fully approved for commercial...

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...

Accredo Packaging expands in North America and Asia

Flexible packaging converter Accredo Packaging is embarking on a $100 million expansion of its North American plant and the construction of a manufacturing facility...

IK says political gestures will not solve marine litter

The IK Industrievereinigung Kunststoffverpackungen eV (German Association for Plastics Packaging and Films) has rejected the EU Commission’s proposal to ban selected single-use plastics products,...

Bostik-Nitta to buy and build in industrial adhesives

The Bostik-Nitta joint-venture company is to acquire Japanese industrial adhesives firm Nitta Gelatin and build a new plant in Japan as part of a...

Heineken appoints Asia Pacific chief

Heineken has appointed Dolf van den Brink as president of the Asia Pacific region, replacing Frans Eusman who will take on the position of...

Coca-Cola to release frozen formats in Japan

Following eight years of development, Coca-Cola Japan is to release frozen Coke in squeeze plastics pouches. The Lemon flavoured product is to be sold in...

Mondelēz opens ‘Factory of the Future’ in Bahrain

In order to meet growing consumer demand, Mondelēz International has inaugurated a new ‘Factory of the Future’ in the Kingdom of Bahrain. The company...

IVL to buy M&G PET plant in key Brazilian market

Indorama Ventures (IVL) is to acquire, through its indirect subsidiary Indorama Ventures Spain, a 100 per cent stake in M&G Polimeros Brazil in Ipojuca,...