Machinery
United Kingdom-based retailer Sainsbury's said its new vacuum packaging for ground beef would reduce plastics use by 55 percent. Consumers, though, complain about the meat's texture.
Long lead times across the board for new equipment has driven the demand for used equipment.
Amaplast, the Italian association representing the manufacturers of plastics and rubber processing machinery and molds, said 2022 was one for the books, closing with sales of 4.67 billion euros ($5 billion) its second-highest ever.
While bioplastics and chemical recycling have very large footprints when it comes to public policy debates, both are relatively small pieces of the plastics puzzle in terms of actual business.
The Plastics Industry Association reports 4.4 percent increase in year-over-year shipments, but adding inflation data creates a flatter picture.
Besana, Italy-based machine builder Magic MP SpA has a fully operational sales and service center in Whitmore Lake, Mich., for its U.S. headquarters called Magic North America.
The management shakeup comes amid realignment at Desma Elastomertechnik GmbH.
At the Anniversary Days held last week at its headquarters in Lossburg, plastics machinery manufacturer Arburg demonstrated to the world just how far the industry and the company have come in the course of a century.
A profit warning on the Shanghai Stock Exchange says preliminary figures indicate the machine builder lost up to $275 million in 2022, including a goodwill impairment of at least $108.6 million.
Auxiliary equipment maker Piovan SpA says it will acquire a number of selected assets from Germany-based Protec Polymer Processing GmbH.
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