M&G Group |
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M&G is a family owned chemical engineering company headquartered in Tortona, Italy. It develops innovative and cost effective PET resins for container packaging and is presently the world’s second largest producer of PET for packaging applications with production capacity of 1.3 million tonnes per annum. Group sales proceeds in 2003 were $1.6 billion of which around 80% were derived from operations involving PET.
M&G Group is divided into three business units, PET Polymer, PET Packaging and Acetates. In Europe, M&G has capacity to produce around 2.5 billion preforms per annum at two locations in Italy. It operates the largest SSP unit in North America and has the current world’s largest PET production unit (1200t/d) at its Altamira facility in Mexico. The Group has manufacturing assets in Brazil, Italy, Mexico and USA. The Group supports three R&D Facilities; Italy, USA and Brazil. |
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The M&G Group today confirmed plans to build the world’s largest PET plant near
the town of Ipojuca which is in the State of Pernambuco, North Eastern Brazil. The
new plant will have a capacity of 450kt/year (approximately 990 million lbs/year) and is expected to come on-stream in late 2006. |
23 March 2005 |
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The M&G Group announces that Petcore’s Expert Evaluation Committee, which includes experts from a number of European national collection agencies, has given full recyclability endorsement to ActiTUF™ resins for all coloured bottle applications and a provisional endorsement, lasting two years, for ActiTUF™ resins for clear and light blue applications. |
10 February 2005 |
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The M&G Group has confirmed plans to build the world’s largest PET plant near the town of Ipojuca which is in the State of Pernambuco, North Eastern Brazil. The new plant will have a capacity of 450kt/year (approximately 990 million lbs/year) and is expected to come on-stream in late 2006.
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04 January 2005 |
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The M&G Group today confirmed plans to build the world’s largest PET plant near
the town of Ipojuca which is in the State of Pernambuco, North Eastern Brazil. The
new plant will have a capacity of 450kt/year (approximately 990 million lbs/year) and is expected to come on-stream in late 2006. |
22 December 2004 |
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The Mossi and Ghisolfi Group (”M&G”) today announced that it has purchased, for an undisclosed amount, Chemtex International Inc. (“Chemtex”) from Mitsubishi Corporation, acquiring all its engineering, project implementation and business assets. |
06 December 2004 |
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The M&G Group today confirms the closure of one of its PET continuous polymerisation units (known as CP2) located at Apple Grove , West Virginia , USA . |
07 April 2004 |
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The M&G Group today announced further significant expansions of the commercial use of its pioneering high barrier technology ActiTUF™ technology. |
31 March 2004 |
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The M&G group today announced it will increase the production rate at its facility in Altamira , Mexico to 1200t/day (438kt/y – 965MM lbs/y) by early Q2 2004. |
15 January 2004 |
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The M&G Group today announced the expanded commercial use of its pioneering high barrier technology ActiTUF through Interbrew’s Korean arm: ‘Oriental Breweries’. |
10 November 2003 |
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The M&G Group today announces expanded commercial use of its pioneering ActiTUF resin in Eastern Europe by a major international brewer, Interbrew, which is using it to bottle its Bergenbier® (for Romania) and Kamenitza® (for Bulgaria) beers. |
19 August 2003 |
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Mossi & Ghisolfi International S.A. ('M&G') today confirms that on 9th June, as required under Brazilian law, it made an offer ('Tag-Along Offer') to acquire any remaining shares in Rhodia-ster S.A. ('Rhodia-ster') following the acquisition of the controlling interest from Rhodia Brasil Ltda ('Rhodia'). |
13 June 2003 |
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M&G Polymers USA LLC – a wholly owned subsidiary of M&G Group operating in the USA – announces the official commercial launch of a new PET resin, CLEARTUF® MAX, for use in CSD packaging applications in the USA.
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12 July 2002 |
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Mossi & Ghisolfi International – a wholly owned subsidiary of M&G Group, holding M&G’s PET and acetate interests – has completed today the sale of $ 250 million of senior notes, due 2009 and 2012, in the US private placement market. Sole agent bank for the transaction was Barclays Capital. |
26 April 2002 |
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M&G’s US research facility currently in Akron, Ohio, will move to a wholly owned facility in Sharon Center, Ohio, south of Cleveland. This move follows the completion in 2001 of a new European laboratory for M&G, which was constructed in Rivalta near Milan, Italy. |
15 January 2002 |
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M&G announced today that it has entered into a joint development agreement with Petrecycle Pty Ltd., a portfolio company of Vital Capital Pty. Ltd., to construct, operate, test and evaluate patented technology provided by Petrecycle on a commercial-scale at M&G’s Point Pleasant plant in West Virginia, USA. |
31 January 2001 |
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The management of Mossi & Ghisolfi (M&G) has today announced the closure of its Crystal Polymers operation at Glanford in Lincolnshire. The plant will cease trading from 1st October, 2000.
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19 July 2000 |
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On 1st June, 2000, the Mossi & Ghisolfi Group (M&G) acquired the PET (polyethylene terephthalate) business of Shell Chemical Companies and finalises the transaction announced on February 3rd, 2000.
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01 June 2000 |
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