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Polifilm completes Mondi site purchase

Packaging converter Mondi Group has completed the sale of its film manufacturing site in Osterburken, Germany, to Polifilm  Extrusion GmbH following competition clearance.

Building blocks from plastics

A process that converts all types of unclean mixed plastics into a recycled building material for use in industrial, municipal infrastructure and residential projects has been developed by US-based environmental technology company ByFusion.

Innovation upgrade for Jindal

Indian converter Jindal films has started work on two testing laboratories in the US and Luxembourg for film characterisation, which will be equipped to simulate customer conditions on packaging, printing and labelling machines.

Turkish delight for Greiner

Austrian rigid plastics packaging converter Greiner Packaging has acquired a 51 per cent majority in Turkish firms Teknik Plastik and Teknik IML from the Özata Group. Greiner claims that the deal now makes it the market leader in rigid plastics packaging for dairy products in Turkey.

Investment targets WPPG international growth

Private equity firm 3i Group plc is to invest approximately €250 million ($280m) in German plastics packaging converter Weener Plastic Packaging Group (WPPG), with the aim of growing the firm’s market share internationally. Former shareholder Lindsay Goldberg Vogel has sold its stake in WPPG as part of the deal.

Pact confirms talks with Jalco Group

Packaging converter Pact Group has responded to recent press speculation that it may acquire Jalco Group by releasing a statement on its website confirming that discussions are taking place.

Funding helps UFP go nuts

UK-based converter Universal Flexible Packaging (UFP) has announced that its existing plant in Leicester, which was due to be sold as part of an £11 million ($16m) factory relocation, will instead be converted into a nut packaging facility.

Converter grows the core and extends reach

Specialty plastics films producer, The Klöckner Pentaplast Group, has delivered an improved performance in the financial year 2013/2014 despite a tenser economic environment in some of the company's core markets.

Sonoco drums up business with Weidenhammer buy

The German packaging converter Weidenhammer Packaging Group (WPG) has been acquired by the Sonoco Products Company, headquartered in Hartsville, South Carolina (USA), in order to strengthen the latter's packaging business in Europe and expand its position in highly decorated convenience packaging.

TricorBraun starts Indian operation

Rigid packaging converter TricorBraun has opened TricorBraun-India in Mumbai, which will serve as a sales office, distribution centre and global sourcing facility.