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Alpla forays into South Africa’s PET Packaging Market with Boxmore Acquisition

Published on January 2, 2018 by in PET News

Austria’s Alpla-Werke Alwin Lehner GmbH & Co KG is expanding its presence in Africa with latest acquisition in South Africa.

It acquired South Africa’s Boxmore Packaging – that  “is seen as the market leader for PET preforms and bottles as well as closures” in South Africa. Africa is an attractive packaging market and the new acquisition is expected to help Alpla gain strong foothold in the region.

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UK’s rising food on the go sector demands Innovative look and practical Packaging

Published on January 2, 2018 by in PET News

Food on the go sector in UK is growing rapidly. These food trends also call for innovative packaging as food on the go outlets are not keen to package their food in ordinary packs!

There is a rapid rise in the demand for on the go breakfasts, dinner and snack options coupled with growing popularity of street food. According to Huhtamaki, which commissioned independent consumer research into food to go consumption within the UK, 73% of consumers buy food to go at least once a week and 36% of consumers say they buy more food to go now than they did three years ago.

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Mexico records 50% PET recycling

Published on November 3, 2017 by in PET News

Mexico has one of the highest bottle water and CSD consumption rates in the world and thus there is also a high amount of PET bottles being discarded. in fact, bottled water is driving PET volume growth in Latin America, adding more than 3 billion units over the past five years.

However, Mexico also recorded 425,000 tonnes of recycled plastic in 2016, up 50% from the previous year – according to the non-governmental organization Ecoce. This made Mexico the largest recycler of PET plastic containers in the Americas last year.

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Unifi to Produce Recycled Fiber in Vietnam

Published on November 2, 2017 by in PET News

Textured and processed yarns manufacturing company Unifi has entered the Vietnamese market mainly to expand its global footprint for recycled fiber – REPIEVE. Unifi has partnered with one of Vietnam’s largest polyester yarn manufacturers Century Corporation to manufacture, sell and distribute REPREVE filament yarn in the Southeast Asian country.

Unifi’s subsidiary in China – Unifi Textiles (Suzhou) Co., Ltd. (UTSC) will be responsible for managing sales and distribution of REPREVE filament yarn exported from Vietnam.

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China’s Pan-Asia plans to Break Ground for PET, PTA plant in Saudi Arabia in March 2018

Published on October 25, 2017 by in PET News

China’s PET bottle supplier – Pan-Asia PET Resin (Guangzhou) Co. plans to build a petrochemical project in Saudi Arabia at a cost of $3.8 billion.

To be located in Jazan Economic City in southwestern Saudi Arabia, the facility will have an annual production of 2.5 million metric tons of PTA, 1 million tons of PET, 200,000 tons of engineering plastic, 200,000 tons of thin film, 200,000 tons of polyester fiber and 5,000 tons of heavy equipment.

The ground breaking is scheduled for March 2018, while the first phase of the complex will be operational in August 2020.

The project is expected to benefit from the proximity to raw materials – especially the large paraxylene facility operating in Jazan Economic City.

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