Industry MASON WELLS MERGES NEX PERFORMANCE FILMS AND CHARTER FILMS January 4, 2013 by plasticsinfomart MILWAUKEE (Jan. 3, 2013) – Mason Wells announced today that its portfolio company, NEX Performance Films, Inc. has closed on the acquisition of Charter Films, Inc. The combined business has been re-named Charter NEX Films, Inc. (“Charter NEX”), and is owned by Mason Wells, management and other co-investors. Charter NEX’s leadership will be comprised of […] Read more »
Industry A BREAKTHROUGH IN LIDDING TECHNOLOGY FROM KM PACKAGING January 4, 2013 / March 8, 2017 by plasticsinfomart KM Packaging Services Ltd has achieved a major breakthrough in packaging for ambient ready meals containing uncooked meat, vegetables and sauces. The company’s latest film technology can provide these products with impressive shelf-life of up to 12 months. Usually presented in a C’PET tray, these ambient ready meals require lidding films that are ovenable and […] Read more »
Industry Russian’s Bashkir Kaustik Pump-in RUB 60bn (€1.5bn) in expansion January 4, 2013 by plasticsinfomart According to the latest news from the European plastic industry one of the renowned names in the Russian petrochemical sector Bashkir Kaustik, is all set to pump a total amount of RUB 60bn (€1.5bn) by the end of 2019 as a part of its global expansion plan. According to the information furnished by the company […] Read more »
Market News Southeast Asian converters react to new minimum wage laws January 3, 2013 by plasticsinfomart As 2013 begins, several Southeast Asian nations are putting new minimum wage laws into effect or increasing existing minimum wages, as per the pricing service of ChemOrbis. Reactions from players in the region’s polymer markets have been mixed, although a number of converters are expressing concern about rising operating costs, commenting that they are facing […] Read more »
Industry Young entrepreneur of India revolutionizes the plastics industry by signing joint venture January 3, 2013 by plasticsinfomart Mr. Anuj Chhabra, Director of RePIN Masterbatches, has become one of the most important business leaders of the Plastics Industry in the Region of Middle East and India. He is taking the Indian company to a different level, by reaching the markets in the different regions worldwide by signing joint venture agreement between Al Ahli […] Read more »
Product News OCTAL’s streamlined manufacturing process for DPET™ sheet makes traceability documentation transparent January 3, 2013 by plasticsinfomart The global consumption of PET packaging is predicted to grow to almost 19.1 million tons by 2017 with a value of $57 billion, according to UK-based consultancy PIRA International. This growth is attributable to the durability, strength, and visual appeal of PET that results in its frequent selection for diverse food and beverage packaging applications. […] Read more »
Industry MBA Polymers China achieves recognition as the outstanding clean plant in Guangdong Province in 2012 January 3, 2013 by plasticsinfomart Guangzhou GISE-MBA New Plastics Technology Co., Ltd receives cleaner production certificate from Guangzhou City and Guangdong Province MBA Polymers production site at Guangzhou, China has received a cleaner production certificate and recognition from Guangdong Province of being the outstanding ‘clean plant’ in the Province in 2012. MBA Polymers is the leading multinational plastics recycling business which […] Read more »
Material News Unilever All Set to Phase out the use of plastic micro bead January 3, 2013 by plasticsinfomart According to the latest news from plastic sector Unilever, one of the leading players in the personal care product manufacturing has intended to phase out the use of plastic micro beads that are being widely used as a “scrub” in the manufacturing of various cosmetics and personal care products. According to news that has surfaced […] Read more »
