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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...

Coveris’ Americas business sold to TC Transcontinental for $1.32bn

Coveris is to sell its Americas packaging business to TC Transcontinental for $1.32 billion as part of a previously announced plan to focus on...

Tatewaki takes top job at Toppan USA

Masa Tatewaki has taken over as chief executive of Toppan USA, where he will be responsible for building the company’s sales and production of...

AkzoNobel sells Specialty Chemicals for €10.1bn

AkzoNobel has sold its Specialty Chemicals business to The Carlyle Group and GIC for €10.1 billion (US$12.4bn) as the company focuses on its Paints...

Platinum Equity completes Husky acquisition

Platinum Equity has completed the acquisition of Canada’s Husky Injection Molding Systems, a supplier of injection moulding equipment and services, from Berkshire Partners and...

JV trio to buy bankrupt M&G’s Texas PET complex

A trio of companies have come together to form a joint venture to buy bankrupt M&G Chemicals’ incomplete PET complex in Texas, US, for...

Fresh business on the horizon as Sonoco buys Highland Packaging

Packaging converter Sonoco is to acquire Highland Packaging Solutions in Plant City, Florida (USA), for approximately $150 million in cash. Highland is a privately...

ExxonMobil ponders Gulf Coast polypropylene expansion

Petrochemicals giant ExxonMobil is to make a final investment decision later this year on a potential polypropylene production expansion along the US Gulf Coast....

Wintec starting sales in America

Wintec, the China-based subsidiary of Austrian injection moulding machinery maker Engel Group, is expanding its distribution outside of Asia into the US, Canadian, Mexican...

CCL secures Treofan Americas and Trespaphan Mexico for $255m

Label and packaging solutions provider CCL Industries has agreed to acquire Treofan Americas and Trespaphan Mexico Holdings from their parent company M&C SpA for...

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