Containers-closures
A California plastics recycling company hopes to build a closed loop system to use old bottles caps to make new caps, similar to bottle-to-bottle recycling now.
California-based Origin Materials is the first out of the gate to create a PET closure for PET bottles, a long-sought breakthrough expected to simplify the recycling process by using a single resin.
Silgan CEO Adam Greenlee: "This is about getting the right molds into the right machines that we already have in place."
The goal is to grow tenfold in five years with investments in specialized molds to easily swap logos, textures and sizes.
NewCo Plastics, a unit of private equity firm White Wolf Capital, has acquired Lockport, Ill.-based injection molder and mold maker Magenta LLC and its affiliates, Permian Plastics LLC and MM Plastics LLC.
The new design and innovation center in Aurora, Ill., is aimed at bringing customers deeper into the product creation process.
The West Sacramento, Calif.-based company has teamed up with PackSys Global on the effort to develop PET caps for PET bottles.
Berry Global Group Inc. acquired toolmaker F&S, noting an interest in the Pennsylvania company's technologies involving both closures and bottle production.
One company says a new Environmental Protection Agency testing plan to measure PFAS leakage from fluorinated HDPE containers puts industry ‘on notice.'
Container barrier coatings maker Inhance and the EPA are preparing to square off Feb. 5 in federal court over an agency order the company says would push it into bankruptcy.
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