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NGR, KUHNE Develop New System to Produce High Quality Recycled PET Sheets

Published on March 22, 2017 by in PET News

The plastics industry is committed to reduce waste, minimize plastics’ impact on the environment and maintain the target of zero plastics to landfill by 2025. To ensure that plastic waste does not languish in the environment, two PET tech majors – Next Generation Recyclingmaschinen (NGR) and KUHNE are coming together to build systems for producing

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Coca-Cola Expands into Latin American region with New Takeover

Published on March 6, 2017 by in PET News

Beverages giant Coca-Cola along with its largest Latin American Bottler – Coca-Cola Femsa SAB has decided to purchase Unilever’s AdeS soy-based beverage business for about $575 million. The new acquisition will significantly increase Coca-Cola’s footprint in South America – especially its non-soda drinks business. AdeS has a large market share in the region that had

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Medco Plast to Build New Plastic Plant in Egypt

Published on February 15, 2017 by in PET News

Medco Plast – a manufacturer of plastic bottles and packaging products – is building a new plastic factory in 6th of October City in Giza Governorate of Egypt. The project worth EGP 115 million, is expected to yield production capacity of 25,000 tons a year. Medco plans to export half of this production to African

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Mutalo Group customizes Beverages for Africa Markets

Published on February 1, 2017 by in PET News

Sub-Saharan Africa is the fastest-growing economic zone in the world. For 2016, its GDP is expected to grow at 4.5%, with a global GDP share estimated to be 4% in the next five years. Among Sub-Saharan Africa countries, Kenya is one of the most promising economies with the potential to turn into a key regional

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PET Packager LINPAC Launches New Extrusion and Thermoforming line in Spain

Published on January 19, 2017 by in PET News

European consumers including those in Spain are increasingly preferring PET and rPET packaging given its versatility, lightweight, barrier, food safe properties, as well as recyclability. To tap these growing demand, Europe’s major packager – LINPAC is expanding into Spain with a three-year plan and estimated investment of €14.3 million. As part of this plan, LINPAC

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