During climate talks at the 24th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP24) in Poland last December, the UK government announced plans to establish a world first carbon 'net-zero' hub of heavy industry to help the UK seize global economic opportunities of clean growth.
Stirling Square Capital Partners has entered into exclusive negotiations with funds managed by Oaktree Capital Management LP to acquire its entire stake in Verescence. Verescence is a global leader in glass packaging manufacturing for the perfumery and cosmetics industry. Across its three glass production and four decorations facilities in Europe and North America, the company produces over 500 million bottles every year. In 2017 VERESCENCE employed 2,300 people across the globe and registered sales of over 280 million Euros.
Chilean family glass packaging business Cristalerias Toro SpA plans to build a production line outside Santiago de Chile in Lonquen. The operation will feature a HORN glass melting furnace, which will produce 300 tons/day via three forehearths.
British Glass has welcomed the release of the UK government’s resources and waste strategy. The strategy, which is the first significant update in over a decade, aims to change England’s waste system to hold manufacturers who make environmentally damaging waste to account.
UK-based Stölzle Flaconnage has gained international recognition for its Highland Park – The Dark bottle at the 2018 WorldStar Awards. The bottle was successful in the beverages category, after the judges were impressed with the design and technical execution of the bottle.
Only 28,000 feeder black whisky bottles were produced featuring prominent Viking runes embossing that harks back to the company’s Orkney base and the island’s Norse and Viking ancestry. The design was replicated from a bottle dating back to 1876 that showed the Viking symbolism.