Plastic Technologies adds Sidel machine HOLLAND, OHIO — Plastic Technologies Inc. recently purchased a Sidel SBO blow molding machine to improve its delivery time on prototype PET containers for customers.
Frank Semersky, PTI's vice president of new business development, would not disclose the amount paid for the machine, produced by Le Havre, France-based Groupe Sidel.
The one-cavity machine is scheduled to be operational by mid-March. It is not equipped with Sidel's latest Actis coating technology; that machine is not yet available, Semersky said.
This delivery will give PTI four Sidel blow molding machines, in addition to one Krupp Corpoplast blow molder.
"We're always on the lookout for new customers," Semersky said by telephone from the firm's Holland offices. "But this machine is to assist our current customer base to get bottles out more quickly and reflects the most current of technologies."
Eastman licensing VersaTray trademark
KINGSPORT, TENN. — Eastman Chemical Co. has licensed its dual-oven VersaTray plastic packaging trademark to four major container manufacturers and distributors.
VersaTray plastic can withstand temperatures as high as 400° F, said Kingsport-based Eastman.
The licensees include Bunzl Distribution Inc. of St. Louis; Gage Industries Inc. of Portland, Ore.; Ivex Packaging Corp. of Lincolnshire, Ill.; and Mullinix Packages of Fort Wayne, Ind.
PPI expanding list of pressure ratings
WASHINGTON — The Plastics Pipe Institute is expanding its listing of pressure ratings for piping materials manufactured by North American companies to include ratings for companies overseas.
"Anyone in the world that has a pressure rating for their pipe materials can send the information to me," to be printed in the semiannual TR4 publication, said Gene Palermo, a member of Washington-based PPI's Hydrostatic Stress Board.
For several years, PPI has collected pressure ratings from about 120 North American firms and printed them in TR4, which then is sent to every listed firm and anyone else who requests it, Palermo said.
The publication is well-known worldwide, and PPI has received many requests to include foreign firms in the list, he said.
Danisco Flexible buys Scottish firm
LIVINGSTON, SCOTLAND — Leading European flexible packaging company Danisco Flexible has expanded its film converting capacity and saved 37 jobs in Scotland with the acquisition of FlexCo Packaging Ltd.
Livingston-based FlexCo does laminating and flexographic printing of flexible packaging. The firm was rescued from administrative receivership in December by Danisco Flexible, part of Danisco A/S, a Copenhagen, Denmark-based packaging company. Terms were not disclosed.
FlexCo had incurred losses following an accumulation of high setup and product-development costs, according to Blair Nimmo, a partner in KPMG, the international accounting firm that served as FlexCo's receiver.
FlexCo has annual sales of 3.5 million ($2.1 million). It specializes in short-run flexible packaging for the food and toiletries sectors.
Danisco had expanded its flexible-packaging capacity in Britain, France and Spain in April when it acquired Sidlaw Group of Edinburgh, Scotland. Today, Danisco Flexible has annual sales of 350 million ($213 million) and employs 3,000 at operations in 24 sites across Western Europe.
Insituform purchases pipe liner technology
CHESTERFILED, MO. — Insituform Technologies Inc. is getting in on what it predicts will be the next big trend in trenchless pipe rehabilitation through its purchase of Thermopipe, a technology that rehabilitates small-diameter pipe for drinking water.
Terms of the Jan. 6 deal were not disclosed.
Thermopipe liner was a product of fire-hose manufacturer Angus Fire Armour Ltd., of Bentham, England, which had licensed the process to Insituform for two years, said Joseph White, Insituform vice president and chief financial officer.
As part of a long-term agreement, Angus will continue to manufacture the liner while Chesterfield-based Insituform will handle marketing, he said.
The new venture probably will contribute less than 1 percent of Insituform's sales for the next several years, but the company expects the market to grow tremendously in the future, White said.
Insituform had 1999 sales of more than $300 million, he added.