Business news Archive
DS Smith, Plastics Division, whose business is focused on flexible packaging and dispensing solutions, rigid packaging, and foam products, announces the acquisition of Croatian injection moulding company Kaplast d.d. — a manufacturer of plastic products specializing in added value returnable beverage and food packaging.
Effective from September 4th 2014, Par-Pak Europe (PPE), a leading thermoformer of containers and trays in the UK, has acquired 100% of the shares of Holfeld Plastics, the Ireland-based packaging manufacturer, for an undisclosed sum. Located in Milton Keynes, PPE is part of the
Specialty chemicals company LANXESS is expanding its Gastonia, North Carolina, compounding facility for high-tech plastics by adding a second production line. The expansion represents an investment volume of about USD 15 million and will double the existing capacity from 20,000 to 40,000 metric tons
Under the ownership of German machinery manufacturer Reifenhäuser Group, Reiloy Westland, the Corporation famous for injection molding screws and barrels, is going to build a 4,180 square metre headquarters factory in Maize, Kansas. President Dave Larson hopes to break ground in the next three or four weeks,
Bavaria, Germany-based injection moulding companies Metz-Werke and Inotech Kunststofftechnik have announced that they have joined forces to bring their clients a larger range of services. Inotech states it currently has injection moulding machines that range between 100 and 10,000 kN clamping force for 1
Swedish appliance conglomerate AB Electrolux stated Aug. 14 that it is in discussions for a potential purchase of GE Appliances. “No agreement has been reached, and there can be no assurances that an agreement will be reached,” the firm said in a news release. “Any