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News by Supplier: M&G Group

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.


M&G to Build World’s Largest PET Plant in Brazil
23 March 2005 - M&G Group
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.
M&G’s ActiTUF™ Receives Recyclability Endorsement from Petcore
10 February 2005 - M&G Group
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.
M&G to build world’s largest PET plant in Brazil
04 January 2005 - M&G Group
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.
M&G to Build World’s Largest PET Plant in Brazil
22 December 2004 - M&G Group
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.
M&G Announces Acquisition of Chemtex International
06 December 2004 - M&G Group
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.
M&G closes oldest Continuous Production Unit at Apple Grove
07 April 2004 - M&G Group
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 .
M&G’s ActiTUF™ Technology launched in EU Countries
31 March 2004 - M&G Group
The M&G Group today announced further significant expansions of the commercial use of its pioneering high barrier technology ActiTUF™ technology.
M&G Plans for Capacity Expansions for 2004 in Latin America
15 January 2004 - M&G Group
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.
Interbrew target additional markets with M&G’s ActiTUF technology
10 November 2003 - M&G Group
The M&G Group today announced the expanded commercial use of its pioneering high barrier technology ActiTUF through Interbrew’s Korean arm: ‘Oriental Breweries’.
M&G’s ActiTUF Launched in Additional Markets with Interbrew
19 August 2003 - M&G Group
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.
M&G Completes Obligations Following Acquisition of Rhodia-ster
13 June 2003 - M&G Group
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').
M&G Introduces New PET Grade for CSD Packaging in the USA
12 July 2002 - M&G Group
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.
M&G completes $250 million private bond offering
26 April 2002 - M&G Group
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.
M&G Announces Laboratory Move and Confirms Commitment to Technology
15 January 2002 - M&G Group
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.
M&G Installs New PET Recycling Facility at Point Pleasant, West Virginia, USA
31 January 2001 - M&G Group
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.
Crystal Polymers site to cease operating
19 July 2000 - M&G Group
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.
M&G acquires Shell Chemicals' global PET business
01 June 2000 - M&G Group
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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