| Company News |
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| Newell to sell packaging business Waddington to Carlyle unit for US$2.3 bn |
| US-based marketer of consumer and commercial products Newell Brands is to sell its packaging business, Waddington Group, to Novolex Holdings, a provider of paper and plastic packaging products backed by the Carlyle Group, for US$2.3 billion. The sale is in line with Newell’s divesture plans... |
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| Materials News |
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| US Capacity Expansions: Elastron to invest US$10 mn in TPE facility; Eastman completes copolyester expans |
| Turkey-headquarterd TPE maker Elastron is to open a North American headquarters in Gainesville, Ga. Production at Elastron USA will begin in Q3. It says market research has clearly identified that US consumers are looking for a supplier with... |
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| Machinery News |
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| Tooling specialist Mould & Matic expands its facility in Austria |
| Austria-based Mould & Matic Solutions GmbH, a specialist in tool and plant engineering for the packaging industry, is keeping abreast with the global success of its parent company Kiefel Group and has recently launched the expansion of its site in Micheldorf, Austria. Completion is scheduled for May 2019... |
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