BOPP film company Treofan calls off Indian acquisition

EUROPEAN PLASTICS NEWS

Published: June 4, 2013 12:16 pm ET
Updated: June 4, 2013 12:18 pm ET

Related to this story

Topics Mergers & Acquisitions, Packaging, Extrusion, Film & Sheet

Treofan Group, a global manufacturer of biaxially oriented polypropylene films, says it is no longer going to acquire India's Max Specialty Films, a subsidiary of New Delhi-based Max India Ltd., after both parties agreed to call of negotiations.

Peter Vanacker, CEO of the Raunheim, Germany-based company, says Treofan is currently focused on "successfully restructuring and profitably growing our core businesses in Europe and the Americas."

Max India will instead transfer the Max Specialty Film division into a separate subsidiary.


Comments

BOPP film company Treofan calls off Indian acquisition

EUROPEAN PLASTICS NEWS

Published: June 4, 2013 12:16 pm ET
Updated: June 4, 2013 12:18 pm ET

Post Your Comments


Back to story


More stories

Image

Sealed Air moving headquarters, 1,200 jobs to Charlotte, N.C.

July 23, 2014 2:06 pm ET

Sealed Air Corp. — which is known for its Bubble Wrap brand — is moving its headquarters from Elmwood Park, N.J., to Charlotte, N.C., and ...    More

Image

Intek investing $1 million to expand capacity

July 23, 2014 1:59 pm ET

Custom profile extruder Intek Plastics Inc. has invested more than $1 million to expand its production capacity by 17 percent.    More

Image

Successful packaging is about more than the materials you use

July 23, 2014 1:49 pm ET

“People do not forget how packaging makes them feel," says Marla Donahue. "Remember how frustrated you felt when you couldn't get that...    More

Image

Contigo, Avex buy lets Newell Rubbermaid leapfrog new bottle development

July 22, 2014 4:11 pm ET

Newell Rubbermaid Inc. is ready to accelerate its move into the reusable water bottle business with the purchase of two on-the-go drinkware brands.    More

Image

Beer maker Carlsberg enlists suppliers for 'upcycling' project

July 22, 2014 11:14 am ET

Carlsberg Breweries A/S in Denmark has started an ambitious project with its suppliers to optimize its packaging for the purpose of “upcycling.&...    More

Market Reports

Injection Molders Market Report & Ranking 2014

This special package contains our 132-page 2014 Market Report on the Injection Molding segment and our exclusive 2014 RANKINGS database of 500+ Injection Molders for a discounted package price.

Learn more

Plastics Recycling Market Review & Outlook 2014

This special report from Plastics News examines the North American plastics recycling industry and provides insight into indicators that impact market viability, including Resin pricing trends for virgin and recycled market material and historical Resin production trends for post- consumer and industrial waste.

Learn more

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

Upcoming Plastics News Events

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

More Events