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Day: March 14, 2023

LyondellBasell agrees to acquire Mepol Group expanding its footprint

POLAND – Dutch chemical firm LyondellBasell has signed a definitive agreement to acquire Mepol Group, a producer of recycled, high-performing technical compounds, for an undisclosed sum. The acquisition consists of Mepol S.r.l. and its subsidiaries Polar S.r.l. and Industrial Technology Investments Poland Sp.z.o.o. Torkel Rhenman, executive vice president of Advanced Polymer Solutions said: “This acquisition demonstrates LyondellBasell’s commitment to move…

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Carbios join Ellen MacArthur Foundation as part of its goal to drive circular economy

FRANCE – Carbios, a French recycling innovator has joined the Ellen MacArthur Foundation’s network for businesses, policymakers, educational institutions and charities dedicated to pioneering a circular economy. The Network aligns stakeholders from across the industry and supports their ambitions of promoting circularity and sustainability within their operations. Carbios shares the Foundation’s commitment to accelerate the transition to a circular economy,…

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UK food businesses call for clearer rules on allergen labeling following Pret-a-Manger deaths

UK – Eleven UK food businesses have penned an open letter calling for clearer rules on labeling after the deaths of two Pret a Manger customers who suffered allergic reactions to undeclared ingredients. The letter is addressed to officials, including government ministers, the Food Standards Agency (FSA) and the Food and Drink Federation, argues the FSA needs to “make a…

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Toyo Ink Group agrees to wholly acquire Thai Eurocoat expanding its business portfolio

THAILAND – Toyo Ink SC Holdings Co., Ltd., the Japan-based parent company of the specialty chemicals company Toyo Ink Group has concluded a share purchase agreement to wholly acquire Thai Eurocoat Ltd. Thai Eurocoat is a top manufacturer of external coatings for non-printed cans in the Thai canned food market. Following the transfer of shares, Thai Eurocoat, which is based…

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Nestlé pilots refillable vending machine for Milo and Koko Krunch to explore disposable packaging elimination

INDONESIA – Nestlé has launched a refillable vending machine pilot program for Milo and Koko Krunch as part of its efforts to explore novel solutions that help eliminate the need for disposable packaging. This particular program is a result of the concluded piloting in South Jakarta conducted in 2021, in which Nestlé was trailing reusable and refillable containers for Milo,…

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