Home Tags Closures

closures

RKW shuts two sites

A German manufacturer of films is shutting two productions sites as part of a consolidation strategy, with the closures expected to impact 180 employees.

United Caps opens German facility

Caps and closures manufacturer United Caps has opened a manufacturing facility in Schwerin, northern Germany, in order to increase its customer base within the beverage sector.

British firm prepares for job cuts

Polyethylene producer British Polythene Industries has announced that it will be closing its facility in Widnes, UK and disposing of its Promopack Digital Studio business as part of a wider restructuring of the company, which could lead to up to 90 redundancies and a one off restructuring charge of more than £1 million ($1.52m).

Tekni-Plex closing in on liner move

Two of Tekni-Plex’s tri-seal co-extruded closure liners are set to be manufactured in India, in addition to North America and Europe. This is to give brand owners faster access to the liners, with performance requirements becoming increasingly demanding in the region.

Innovative Plastics disbanded by Sabic

Chemical manufacturer Sabic has announced an overhaul of its global operations, which includes the elimination of its Innovative Plastics strategic business unit, a wholly owned subsidiary founded in September 2007 with the acquisition of GE Plastics.

Product diversity serves Eco Plastics well

The chief executive of Eco Plastics Recycling has stated that the UK-based company will not follow the  route of Euro Closed Loop Recycling, which earlier this week admitted that it was days from closure with losses of more than £300,000 ($460,000) a month.

UK recycler could close in days

The company formed from the rescue of UK-based bottle recycler Closed Loop Recycling two months ago is on the brink of closure, it has emerged, after the owners released an open letter to stakeholders detailing the business' continued losses.

Amcor heads to Switzerland

Australian packaging business Amcor is set to move a number of corporate jobs from Melbourne to Zurich in Switzerland in order to be closer to the operating businesses of the company.

Finding closure in the Gulf region

France-based Global Closure Systems (GCS) has signed a licensing agreement with plastics packaging manufacturer Duplas in the UAE,  in a bid to target developing markets in the Gulf region.

PET recycler abruptly ceases trading

Micro Green Polymers, a US-based recycled PET cup maker, has stopped its operations despite increasing its output from 400,000 to two million cups per...