SWITZERLAND – Swiss multinational plant equipment manufacturer, Bühler has partnered with Pellenc ST on a front and back-end solution for PET bottle and flake sorting. The two companies are hoping to improve and future-proof PET recyclers’ processing activities with a new Demo and Applications Centre opening in November. Combining Bühler’s PET flake sorting solutions – the SORTEX N PolyVision and…
Read MoreDay: October 22, 2022
Winpak reports 19.0% rise in revenue to US$302.5M for Q3 2022
CANADA – Canadian packaging company Winpak has recorded revenue of US$302.5 million for the third quarter (Q3) of fiscal 2022 (FY22), up 19.0% from US$254.2 million in the same period of fiscal 2021 (FY21). In the three months to 25 September, the company’s overall volume rose by 2.0%, while its flexible packaging operating segment saw volume growth of 5%. Volumes…
Read MoreMondi invests US$390.6M in new kraft paper machine at Steti Mill
CZECH REPUBLIC – Paper and packaging company, Mondi has announced the approval of a US$390.6 million (€400m) investment in a new paper machine at its flagship Steti mill in the Czech Republic. The investment is part of the company’s expansionary capital investment program, under which it plans to invest €1bn to expedite its growth in sustainable packaging and strengthen its…
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