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LOGISTICS
Hapag-Lloyd reports dream earnings / Farewell, 2M: world's largest shipping companies end alliance
BIFFA
UK company now in US hands / American private equity group finalises multibillion pound purchase
Generations of business students have learned that competition is good. In the logistics industry, however, this iron law of market economics was suspended for a number of years – with the... (02.02.2023)
US investment firm Energy Capital Partners said it has completed its GBP 2.1 bn takeover of UK waste managementand recycling firm Biffa. ECP, which focuses on companies in renewable... (02.02.2023)
BERRY GLOBAL
Tethered caps for Coca-Cola / Compliance with EU directive
TRINSEO
Major loss expected in 2022 / PMMA, surfaces unit take Q4 hit
US packaging giant Berry Global says it is now delivering a lightweight, tethered closure for carbonated soft drinks in PET bottles to the Coca-Cola Company. The cap is designed to remain... (02.02.2023)
An impairment charge related to its PMMA business likely resulted in a net loss from continuing operations of USD 427-432 mn in 2022 at US resin maker Trinseo. The latest number was far... (01.02.2023)
PLASTICS WASTE
UK MPs lament government's decision to reject calls for bans on export of plastics scrap / Recycler calls for local investments
PLASTICS WASTE
European Parliament votes for stricter shipment rules / Trade bodies say export ban a major setback for circular economy, recycling
An influential committee of UK politicians has expressed its “surprise and disappointment” in the government’s decision to reject its recommendation that exports of waste plastics be... (01.02.2023)
Members of the European Parliament have voted in favour of tighter waste shipment rules and said they are now ready to start negotiating with member states. Talks to finalise the text are... (31.01.2023)
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Date of print: 04/02/2023
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