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Two former businesses of the bankrupt Catalan PET packaging group La Seda de Barcelona (LSB) have been formally sold off to companies controlled by the Spanish industrial conglomerate Cristian Lay Group. LSB operations, the Artenius España PET polymers plant and feedstock chemicals facility Industrias Químicas Asociadas LSB sold. 17 April 2014
European Union (EU) countries could have to reduce the use of plastic carrier bags by at least 80% by 2019 under draft rules backed by the European Parliament yesterday (16 April). 17 April 2014
The European Commission’s plans to cut consumption of lightweight plastic bags are at odds with the principals of free trade, according to an alliance of trade bodies including PlasticsEurope, the American Chamber of Commerce to the European Union and the Toy Industries of Europe. 16 April 2014
Greiner Packaging International, one of Europe’s largest makers of rigid plastic packaging, now wants to make its mark in the US. The Kremsmünster, Austria-based company plans to open a new location to in Pittston, Pennsylvania, in phases starting next month. 16 April 2014
RKW, a Germany-based films and flexible packaging group, has announced it has acquired Belgium’s Hyplast. 15 April 2014
Taghleef Industries has entered an agreement to acquire Derprosa Film, based in Spain, which will add to Taghleef’s growing capacity for production of biaxially orientated polypropylene (BOPP) film. Taghleef, which is headquartered in Dubai, is buying Deprosa from UK investors 3i Group, Baring Private Equity and other minority shareholders for an undisclosed amount. 10 April 2014
Films and flexible packaging group RKW is planning to open its first business unit in China at the end of 2014, signalling its entry into the Chinese market. 9 April 2014
Tetra Pak has reported a 3.5% year-on-year increase in sales, to €11.1bn. During 2013 the company’s packaging operation recorded sales of €9.6bn, with packaging material volumes up 3%. 9 April 2014
US-based Freedonia, a research company, has reported in its new Active & Intelligent Packaging study that the demand for active and intelligent packaging is set to rise in the US by 8% annually, reaching $3.5bn (€2.5bn) by 2017. 7 April 2014
Germany-based Mauser Group, an industrial packaging producer, is increasing its share in its Shanghai joint venture from 32.5% to 50%. 3 April 2014
Germany-based Treofan, a Biaxially-Oriented Polypropylene (BOPP) film maker, has announced that it is to consolidate its technical films business into a new Electronics Business Unit. 1 April 2014
Refillable PET container maker, Petainer, has completed a $65m (€47m) refinancing deal with QInvest, Qatar’s leading investment house, and Česká Spořitelna, a prominent Czech bank. 31 March 2014
Polish plastic packaging manufacturer Plast-Box has released improved financial results for last year. 27 March 2014
Paccor International, part of the global Coveris packaging group, has expanded PET sheet capacity with the introduction of a new high output Battenfeld-Cincinnati extrusion line at in Poland. 25 March 2014
Austrian packaging company Schur Flexibles has secured a valuable foothold in eastern Europe through its acquisition of the innovative Slovakian flexible packaging producer and converter Moneta-S for an undisclosed sum. 19 March 2014

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