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Berry Group buys Avintiv for $2.45 billion

Saturday, 01 August 2015

article thumbnailEven before it has had time to really start a new rebranding programme to unite its growth through a spate of acquisitions, Avintiv – now the world’s leading nonwovens manufacturer and up until June known as Polymer Group (PGI)  – has been sold, lock, stock and barrel.  The buyer is Berry Plastics, headquartered in Evansville, Indiana – a leading provider of plastic consumer packaging and engineered materials with annual sales of $5 billion in 2014. Berry will acquire Avintiv for approximately $2.45 billion in cash on a debt-free, cash-free basis, from the current private...


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CURRENT ISSUE

June/July 2015

High Performance
Fibre ingenuity and expanding end-uses for nonwovens at Techtextil 2015

On course in the Carolinas
New investment and expansion plans come thick and fast

Bounty below the waves
Nonwovens for intensive seaweed farming

The future of function
Materials capable of large-area sensing and actuation

Greening the cities with SAF
Superabsorbents and photovoltaics make a winning new combination

Value recovery
Growing opportunities for recycled carbon fibres in drylaid nonwovens

And much more....



Ingeo comes out on top

Friday, 31 July 2015

article thumbnailNatureWorks Ingeo polymer – made from renewable resources and now widely employed in nonwovens – emits fewer greenhouse gasses (GHGs) in manufacturing than all common petrochemical-based...

Liquid Light partners with Coca-Cola

Friday, 31 July 2015

article thumbnailLiquid Light, a New Jersey-headquartered company developing and licensing process technology to convert CO2 into chemicals, has announced that it has entered into a technology development agreement...


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MORE NEWS
Recycling progress announced in Prague

Friday, 17 July 2015

article thumbnailItaly’s first plant for the recycling of post-consumer absorbent hygiene products is now up and running at Contarina SpA, based in Spresiano TV near Venice.  Speaking at EDANA’s...

Catering for King Coal

Tuesday, 30 June 2015

article thumbnailAnywhere between 10,000 and 25,000 filter bags are employed in each baghouse of a coal-fired energy plant, and – with a 2- 3 year lifespan per bag – future growth is inevitable.  The role of...


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Tomorrow’s AHP landscape

Wednesday, 03 June 2015

article thumbnailQ&A: Where are the next big opportunities for absorbent hygiene products (AHPs)? Who better to ask, than Carlos Richer, of the Disposable Diaper Network? 

Just who is ZiRan Nonwoven?

Monday, 01 June 2015

article thumbnailA nonwovens manufacturing company that until recently has been little known outside its native China had no less than three of its materials selected for the  ISPO Textrends Fibres and...


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