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Advanced packaging JV signed

SABIC and the Korean petrochemical company, SK Global Chemical, have signed a 50-50 joint venture agreement in Seoul, South Korea - for a total investment of US$595 million - to manufacture a range of high-performance polyethylene products using SK’s Nexlene solution technology.

Polium joint venture established in Omsk

Gazprom Neft, SIBUR and Titan Group have signed an agreement to establish a joint venture based on Omsk Polypropylene Plant (Polium). As part of the deal, Sibgazpolimer, a joint venture of SIBUR and Gazprom Neft (each having a 50 per cent stake), acquired a 50 per cent stake in Poliom from Titan Group.

Bioplastics producers join forces

Bioplastics producer FKuR Kunststoff GmbH and Corbion Purac, a manufacturer of lactic acid, lactic acid derivatives and lactides, have joined forces to develop PLA compounds for both heat-resistant and GMO-free applications.

Amcor and Atlas agreement for Asia

Amcor Flexibles Asia Pacific (AFAP) is to partner with Atlas Converting Equipment for the supply of Titan slitter rewinders after signing a preferred vendor agreement.

Mauser increases JV share to 50 per cent

Industrial packaging producer Mauser is increasing its shareholding in the Shanghai-based industrial bulk container (IBC) joint venture, Fanshun Mauser Shanghai Packaging Company.

Corbion Purac / BASF JV starts up

A joint venture between Corbion Purac and BASF has started up in Spain for the production and commercialisation of bio-based succinic acid.

Projects seek to improve recycling transparency

The Waste & Resources Action Programme (Wrap) has agreed to work with Valpak on two projects that will review existing estimates of market flows and recycling levels for plastics and metal packaging in the UK. The objective is to improve the levels of transparency in the recycling market.

NGR and Leistritz launch recycling partnership

Austria's Next Generation Recyclingmaschinen (NGR) and Germany-based Leistritz Extrusionstechnik have agreed a partnership to market recycling compounding technology. The new lines will be named A:COMP, S:COMP, X:COMP and F:COMP.

German-Austrian deal combines recycling and compounding

The Austrian recycling-unit producer Artec Machinery and German extrusion system supplier, KraussMaffei Berstorff, have secured a cooperation agreement covering the technology portfolio 'Recycling-Compounder Equipment', which enables recycling and compounding to be combined in one process.

Coperion and K-Tron join forces

Feeding, dosing and pneumatic conveying equipment supplier, K-Tron, is to operate under the brand name Coperion K-Tron.