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27 November 2014

Private equity firm Deutsche Beteiligungs AG (DBAG) will acquire the film business of Finland-based plastics packaging group Huhtamäki Oyj for €141m in a management buyout. DBAG will hold 17% in Huhtamäki Films and invest up to €12.5m. The DBAG Fund VI and the company’s management will hold the remaining shares. 27 November 2014

26 November 2014

Global packaging group Smurfit Kappa has responded to growing demand for its bag-in-box liquid container/dispensers by opening a new plant in Ibi in south eastern Spain. 26 November 2014

Plans to boost plastics packaging in Russia have been delayed with formal commissioning of the first stage of a modern 60,000 tpa biaxially oriented polypropylene plant now due until June 2015. 26 November 2014

The downward trend for standard thermoplastic prices, which began in mid-summer, gathered momentum last month due to falling feedstock costs. Brent crude oil prices have now fallen by nearly 33% from end-July to mid-November.  26 November 2014

Nexeo Solutions has signed an agreement with Invista to distribute the latter’s Torzen brand of polyamide 66 materials in Europe. 26 November 2014

US-based Schweitzer-Mauduit International (SWM) is acquiring certain assets from the advanced wound management division of UK-based Smith & Nephew. 26 November 2014

25 November 2014

The recently formed World Plastics Council (WPC) held its first General Assembly on 24 November in Dubai to define key areas that the body will address. 25 November 2014

Global automotive component supplier Grupo Antolin has backed up its belief in Morocco as a growing centre for automotive sector development with the launch of its second parts plant there. 25 November 2014

Injection moulding technology group Wittmann Battenfeld has developed a process for producing sandwich parts, including components with a foamed plastic core. It presented the new system at the Fakuma fair in Germany last month, where the company’s Cellmould structured foam process was used to produce the core. 25 November 2014

Members of trade body Plastics Recyclers Europe (PRE) put the recycling and sorting of high quality post-consumer plastics at the top of their agenda in Brussels last week. 25 November 2014

Europe is to get its first pan-European exhibition and conference aimed at the region’s plastics recycling industry next year. The Plastics Recycling Show Europe (PRSE), organised by Crain Communications which publishes European Plastics News, will take place at the Tour & Taxis venue in Brussels on 25 and 26 November 2015. The event is supported by industry body Plastics Recyclers Europe, which also plans to hold its annual working group meetings at PRSE. 25 November 2014

Financier Wilbur Ross Jr has resigned from the boards of International Automotive Components Group SA and its subsidiaries due to new regulatory restrictions in the European Union limiting the number of directorships a bank officer may hold, according to a news release from IAC. 25 November 2014

24 November 2014

Thermoforming machinery manufacturer Illig received more than 250 visitors to its open house, which took place at its facility in Heilbronn, Germany on 29 and 30 October. Participants from across Europe heard presentations and saw demonstrations of Illig’s technology, such as automatic pressure forming machines of the RDKP series for separate forming and punching, as well as the RDK series for combined forming-punching operation. 24 November 2014

Private equity firm Onex Corp is set to acquire SIG Combibloc Group, the Switzerland-based manufacturer of aseptic carton packaging and plastics closures, for up to €3.75bn. SIG, which operates seven facilities globally, had turnover of €1.68bn in 2013, and has 5,200 employees. 24 November 2014

Polish manufacturer Grupa Kęty has unveiled plans to build a new production facility in Kęty, in Poland’s southern part. The investment is estimated to be worth about 150m zloty (€35.5m), the company said in a statement. 24 November 2014

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