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Article archive

Alba Group purchases the

plastic recycling firm CPE

(D) – The German waste management company Alba is acquiring the plastic recycler CPE for an undisclosed sum. The transaction was recently notified to the German Federal Cartel Office, which gave the green light to the transaction in... more

Sky Plastic renamed

Prezero Polymers

(A) – The Austrian plastic recycler Sky Plastic will do business as Prezero Polymers with immediate effect. Following its acquisition by the Schwarz group in a deal that closed retroactively to the start of 2019, the company had been... more

US Plastics Pact initiative

secures first signatories

(USA) – The US Plastics Pact was launched last week and is the latest of the national and regional voluntary initiatives under the umbrella of the Ellen MacArthur Foundation's global plastic pact network. Like the agreements already... more

Klöckner Pentaplast expanding

rPET production capacity

(D) – Packaging producer Klöckner Pentaplast is expanding its recycled PET (rPET) capacity in North America by 17,500 tonnes per year. The company plans to convert post-consumer recycled material into new sheet for thermoformed PET... more

Chemical recycling plant

for PET waste in the works

(D) – Two German specialist companies – Leistritz Extrusionstechnik and Rittec Umwelttechnik – want to build a new chemical recycling plant to handle 10,000 tonnes of PET waste from multilayer and other composite materials... more

Recoup: UK plastic tax threshold compliance

would require doubling of recycling capacity

(UK) – The British government plans to introduce a tax on plastic packaging containing less than 30 per cent recycled material in April 2022. If the packaging industry wants to meet this threshold using only UK-sourced material, the... more

Producers call for new method of calculating

collection target in revised Battery Directive

(EU) – European portable battery manufacturers favour using a new calculation method for determining collection performance under the EU Battery Directive. Collection targets should be based on the actual amounts of batteries available... more

News in brief: Carbios conducts capital increase

The French start-up Carbios conducted a capital increase at the end of July. The size of this transaction had increased from €20m to €27m thanks to strong demand, the firm announced. Carbios has developed an... more

News in brief: Sealed Air and Plastic Energy cooperate

The British technology company Plastic Energy and the US packaging firm Sealed Air signed a partnership agreement in the first part of August. Sealed Air has also made an undisclosed equity investment in... more

Successful recycling operations help Aurubis

to offset impacts of Covid-19 pandemic

(D) – The copper group Aurubis ended the first three quarters of its 2019/20 financial year (1 October – 30 June) with 6 per cent growth in operating earnings before tax (Ebt) to €133m despite the coronavirus pandemic. The... more

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