Glaston is to sell its pre-processing business in Mexico to Italian company Bavelloni SpA. The operation’s net sales for January-September 2019 was approximately €2 million.
Schott has confirmed a partnership with West Pharmaceutical Services Inc, a global leader in innovative solutions for injectable drug administration, to combine the Schott iQ platform with West’s Ready Pack system. The collaboration will initially launch by combining West components and Schott’s adaptiQ RTU glass vials and will expand to include other convenient, ready-to-use combinations of products, to be available on a small quantity basis. Further product launch plans will be shared in early 2020.
Italian flat glass processing equipment specialist, Elettromeccanica Bovone is opening a branch in the USA to serve the North American market. The recently announced headquarters is based on a strategic decision, aimed at answering market demand, in sync with the company’s technology distributor in the area, Salem Distributing Co.
Latest industry data released by FEVE shows that the EU28 average collection for glass packaging recycling grew to the record rate of 76% in 2017. Top performers are Sweden, Belgium, Denmark, Austria, Switzerland and Slovenia, with over 90% glass collection rates. Just behind are other high achievers like Germany, Ireland, Italy, the Netherlands and Luxembourg, with well beyond 80% rates.
Bormioli Pharma’s recently renovated plant at San Vito al Tagliamento in north eastern Italy features a larger furnace and two new production lines, significantly increasing its manufacturing capacity. When fully operational, the €20 million investment will see capacity increase from 30 tons/day to 110 tons/day, with the possibility of adding a third production line to extend the plant’s maximum capacity to 150 tons/day.
Fosbel Inc, a leader in furnace refractory maintenance services, is enhancing its audit and inspection services to include SmartMelter radar technology. Fosbel will be the first company to join the SmartMelter Certified Partner programme.
Gerresheimer has completed a rebuild of its clear glass furnace in Essen, creating an installation that is more powerful yet significantly more sustainable than its predecessor. The high performance furnace means that new capacity is available with immediate effect to satisfy high demand for the production of injection and infusion bottles from type II glass for parenteral solutions. At the same time, the renovation provided an opportunity to modernise the plant throughout.
Ethiopian glass container manufacturer Addis Ababa Glass and Bottle Share Co is seeking to triple manufacturing capacity from 80 tons/day to 240 tons/day by 2022. The total project is estimated at $40 million, with the IFC considering providing total financing of $25 million alongside an East African private equity firm specialising in growth, buyout and recapitalisation of medium-sized companies, who is considering an equity investment in the business.