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Slack global demand for BOPET film, claims report

Slack global demand and a lack of new investment has created a challenging market for BOPET film, a $12.5 billion industry dominated by suppliers...

Nestlé sells majority stake in China plant

Nestlé is offloading a 95 per cent stake in a factory in northern China that manufactures raw milk powder. Longhua Zhongchen Enterprise Management Consulting Centre,...

UK dairy firm invests $113m in Cornish factory

Dairy Crest plans to invest £85 million ($113m) in the expansion of a cheese factory in Cornwall, UK, in order to deal with overseas...

Polyethylene demand doubles but demands on it rise too

In the wake of a global campaign to reduce single-use plastics and create plastics- free aisles in supermarkets, IHS Markit has predicted that demand for...

NPE 2018 – WINTEC makes “huge step” into the Americas

"Moving into the Americas is a huge step for the entire WINTEC team", said Dr Stefan Engleder, chief executive of parent company Engel Group,...

Engel grows in Asia

Engel has completed the largest investment programme in the company’s history in China. The existing office building in Shanghai was lengthened to add an extra...

Clariant shows growth in first quarter 2018

Specialty chemicals group Clariant, has reported a seven per cent rise in first quarter sales to CHF 1.7 billion ($1.8bn) from CHF 1.6bn (US$1.6bn)...

Klöckner Pentaplast expands pharma capacity in China

Klöckner Pentaplast’s Pharmaceutical & Medical Device Films Division, known as kp Pharma, has completed the expansion of its Suzhou China facility, which included the installation of a ‘state-of-the-art’ slitting line that is expected to...

Bain Capital buys WWP and merges it with Chinese converter

Bain Capital Private Equity has acquired World Wide Packaging (WWP), a provider of cosmetic packaging components, plastics tubes, and formulation/filling technologies based in New...

Bottled water market declining in China

While China remains one of the biggest bottled water markets globally, research has shown that retail volume sales are on the decline, according to global...

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