Sri Lanka Ports Authority (SLPA) has signed an agreement with Singapore-based Hambana Petrochemical to build the world’s largest single location PET plant with an investment fund of more than USD 500 million. The new plant will be the island’s first petrochemical downstream project, and is expected to begin operations by 2015. A subsequent plant will
Read More…
ECO Plastics has successfully secured another £6 million funding from Lincolnshire business, Ludgate Environmental Fund and Robeco SAM Private Equity for its expansion plans – a response towards the region’s possible rapid growth. This is not the first time ECO Plastics received such support from investors. Back in 2011, ECO Plastics secured a £24 million
Read More…
Market research by Smithers Pira, authority on packaging, paper and print industry supply chains, revealed a forecasted growth in global PET packaging consumption. Growing at a rate of 5.2% per annum, PET packaging is likely to hit 19.1 million tonnes in 2017 standing at $57 billion. Regions contributing to the growth include APAC, South &
Read More…
PET Outlook Asia yang akan diadakan oleh CMT di Jakarta pada tanggal 24-25 April membahas secara mendalam berbagai kesempatan yang timbul dari bisnis pengemasan dan produk konsumen di pasar kelas menengah di berbagai kota di seluruh Indonesia, Cina, India, Bangladesh, dan Myanmar. Setelah sebelumnya menggelar acara serupa di Bangkok, Singapura, Shanghai, dan Ho Chi Minh
Read More…
Coca-Cola Amatil (CCA) has announced its move in acquiring the PT San Miguel’s non-alcoholic beverage bottling assets that will boost their capacity by 35-40% in Indonesia, where consumer market is continuously growing. Group Managing Director, Terry Davis said, “The acquisition of this large and modern facility is a very important acquisition for CCA as it
Read More…
Brand owners and PET bottlers are riding on lower price points and consumers’ favor in affordability and convenient packaging to boost the market. This has prompted strategies that leverage on the two factors, leading to a phenomenon of downsized beverage bottles that come in 300ml bottles and at a lower unit price. These products are
Read More…
Sipa SpA and Athena Automation Ltd. are partnering to introduce a new line of automated PET preform injection and blow molding equipment into the market. The equipment will set new industry standard in efficiency and quality as they bring together Sipa’s injection press technology and Athena’s expertise in cooling technology. With the new technology, injection
Read More…
JBF industries is teaming up with Coca-Cola in order to achieve the soft drinks giant’s goal of making every plastic bottle a PlantBottle by 2020. JBF is to build a new plant in Brazil to produce the recyclable PET material, bio-glycol, the key ingredient used in Coca-Cola’s PlantBottle. These bottles are upto 30% plant-based, fully
Read More…
Los Conglomerados Líderes en PET Evaluarán los Mercados PET en América Latina, Tecnologías rPET y Mucho Más en la 10.° LAPET (Mercados PET de América Latina, por sus siglas en inglés) en Ciudad de México CIUDAD DE MÉXICO–(BUSINESS WIRE)– La 10.° LAPET (Mercados PET en América Latina) de CMT regresa a la Ciudad de México
Read More…
Os principais conglomerados PET vão avaliar os mercados de PET da América Latina, as tecnologias rPET e muito mais durante o 10° LAPET (Latin America PET Markets) na Cidade do México CIDADE DO MÉXICO–(BUSINESS WIRE)– O 10° LAPET (Latin America PET Markets) da CMT volta à Cidade do México nos dias 24 e 25 de
Read More…
