Advanced Materials
Celanese Corporation has confirmed that it has completed the acquisition of one of the largest engineering thermoplastics (ETP) compounders in India, Next Polymers Ltd. Through this deal, Celanese has added a new production unit in India and has expanded its global manufacturing footprint with a …
Packaging
Fortis Solutions, a portfolio company of the private equity firm Main Post Partners, has reportedly announced that it has acquired Infinite Packaging, which is a portfolio company of a private equity company – Svoboda Capital Partners. Apparently, Infinite Packaging Group is a full-service converter for …
Packaging
AR Packaging Group, the Swedish packaging company, has reportedly completed the acquisition of all outstanding shares in Istragrafika, a high-quality folding carton products maker based in Croatia, for an undisclosed amount. Reportedly, AR Packaging incorporated Istragrafika into its establishment on the 1st of January 2019. …
Recycling
The governmental officials of South Korea have reportedly announced the ban of disposable plastic bags in supermarkets and retail shops to reduce recyclable waste and save natural resources. Reliable sources state that the ban would come into effect from January 1, 2019, as a revised …
Packaging
The Food Safety and Standards Authority of India has reportedly banned the use of recycled plastic, newspaper and magazine pages for packaging of food materials. This initiative is being implemented in a bid to prevent the use of packaging materials that possesses potential health risk. …
Recycling
The British government has reportedly introduced a novel strategy under which the charges for single-use plastic carrier bags will be doubled from the year 2020 onwards in a bid to curb plastic waste. The scheme may most likely be extended to all the shops throughout …
Paints & Coatings
The Germany-based BASF Automotive Solutions is currently in the news for having announced its decision to develop near-infrared, dark and reflective automotive paint colors in a bid to improve LiDAR detection and enhance the detecting function of autonomous cars. Apparently, autonomous or self-driving cars depend …
Packaging
In a recent breakthrough innovation, scientists have reportedly developed biodegradable plastics, which creates zero toxic waste and can be recycled into organic waste, from micro-organisms that consume seaweed. As per the United Nations, plastic contributes to 90 percent of the overall contaminants polluting the oceans, …
Recycling
Bali, the Indonesian island that has become a major tourist destination, recently announced that it will be banning all single-use plastics such as straws, shopping bags and Styrofoam in an effort to reduce the marine plastics waste that has been plaguing the island. Wayan Koster, Governor …
Packaging
The move aims to cut excessive cost and use of plastic bottles and materials in offices and programs held by the BBMP Bruhat Bengaluru Mahanagara Palike (BBMP), an administrative body responsible for civic amenities and infrastructural assets in Greater Bangalore, has recently issued an order …
