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RIGID PLASTIC PACKAGING
In 1930, a chemist was testing a rubbery polymer found it hardened the wrong way, and PVC moved into pipes, raincoats, and recordsA chemist named Waldo Semon sought rubber but found a stubborn polymer. His accidental discovery led to flexible PVC. This material, once d...- United Breweries to shut Ludhiana brewery by JuneUnited Breweries has decided to close its Ludhiana brewery in Punjab, effective June 30, 2026, after entering into a long-term capacity lea...
- ‘We are not going to do charity’: Kingfisher beer maker United Breweries plans to exit unprofitable states amid cost surge, pricing curbsUnited Breweries, a major player in India's beer market, is preparing to withdraw from unprofitable regions due to soaring input costs and ...
- Indian plastic maker Alternicq says Iran war has pushed up costsThe Iran conflict has sent plastic prices soaring by 40 percent, impacting the cost of routine commodities such as bottled water. This incr...
- EPL, Indovida to merge in $2 billion packaging dealThe transaction will create a diversified, multi-format packaging platform with a combined valuation of about $2 billion. EPL is being valu...
- India’s packaging industry to reach $92 billion by FY30: AvendusIndia's packaging sector is set for robust expansion, projected to hit $92 billion by FY30. This growth is fueled by rising consumption and...
- UFlex introduces single-pellet solution for food packagingUFlex has launched an FSSAI-compliant single-pellet solution, integrating recycled and virgin PET for food and beverage packaging, simplify...
- PAG to acquire Advent-owned Manjushree TechnopackAsia-focused private equity fund PAG is set to acquire Manjushree Technopack Ltd., India's largest rigid plastic packaging company, for $1 ...
- Mold-Tek Packaging is this week's stock pick; why analysts are bullishMold-Tek Packaging is benefitting from the growing packaging industry and rapid urbanisation.
- Ideal Technoplast IPO Day 3: Check subscription, GMP and other detailsIdeal Technoplast's SME IPO, booked over 50 times on the final day, has a price band of Rs 121 per share. The GMP is Rs 15. Proceeds will f...
- India's plastic exports rose by 12.7% in December and 5% in January YoYPlexconcil says the export growth in December and January reflects the increasing influence of India's exports on the global economy.
- Sustainable packaging maker Fibmold raises $10 million in funding from Omnivore, AccelThe startup is currently developing eco-friendly, molded fibre packaging products that mimic the functionality of rigid plastics, it claime...
- Shriji Polymers buys controlling stake in Parekhplast India LimitedIndustry sources indicate that the deal has been consummated for a majority stake and the valuation could be in excess of Rs. 200 crore. Ac...
- Creador buys out Tata Capital in Shriji PolymersCreador has acquired about 13% stake held by Tata Capital and another 4% stake held by promoters.
- Blackstone buys Essel Propack for up to $460 million, to launch open offer at Rs 139/shareEssel Group is in the process to sell various assets, including road and solar portfolios.
- Albéa, Blackstone in talks to acquire specialty packaging company Essel PropackAlbéa, a global leader in beauty, personal care, oral care, pharmaceutical and food packaging, is owned by French private equity fund PAI P...
- PE firm Advent acquires Manjushree TechnopackAs part of the transaction, Advent purchased all the shares owned by existing investor Kedaara Capital and a portion of the promoters Kedia...
- An 8.3-bn tonne problem: How to manage plastic wasteIn India, 80% of total plastic consumption is discarded as waste and official statistics say the country generates 25,940 tonnes of waste d...
- Buy Mold-Tek Packaging Ltd. with a target of Rs 260 – Kotak Securities LimitedBuy Mold-Tek Packaging Ltd. with a target of Rs 260. The stock trades at 12.5x FY18E earnings, and on EVEBITDA, It trades at 7.5x FY18E.
- Plastics, creating exciting opportunities in packagingUsing plastics allows us to design a package which is highly customisable, easy to use, lightweight, durable, safe and unbreakable and abov...
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