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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...

Mauser acquires MaschioPack North America

Industrial packaging solutions provider Mauser is to acquire US-based MaschioPack, a subsidiary of Colonial Group, which produces fuels and lubricants, as it seeks to...

Scott takes on senior role at medical packaging firm

Medical packaging solutions provider Tekni-Plex has named Steven Scott as senior director of medical strategy and market development, in response to the growing needs...

Pregis foams over RPP acquisition

US-based Pregis LLC has acquired protective packaging manufacturer Rex Performance Products (RPP) for an undisclosed amount. The purchase will likely enable Pregis to strengthen its...

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