ACTEGA Consolidates In Brazil
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ACTEGA, manufacturer of specialty coatings, inks, adhesives, sealants and compounds for the printing and packaging industries, has consolidated its three Brazilian sites into a new 22,500-square-meter fa- cility in Araçariguama, São Paulo. The production and R&D site is the result of a major investment of $7 million. ACTEGA has appointed Ronaldo Begnossi as new Managing Director of ACTEGA do Brasil. Begnossi, an experienced industrial leader with a Chemical Production Engineering degree and an executive MBA in Industrial Management, has a career span- ning 25 years and brings extensive strategic, mana- gerial, and board experience to ACTEGA do Brazil. Company Mergers In 2019, ACTEGA merged the administration, production, and R&D activities of its two Brazilian sites in Guarulhos and Barueri into the new site in Araçariguama. With an investment of around $2 million and a total area of 12,000 square meters at that time, the new location had explicitly invested in new high-performance dispersion units for the printing ink production and corresponding equip- ment for the production of water-based coatings. While the existing building was subsequently ex- panded once again to accommodate and strength- en the sealants business for two- and three-piece cans, ACTEGA’s third Brazilian site in Santana de Parnaíba has now also been integrated into the new location. This represents a capacity expansion of another 10,500 square meters. These additional in- vestments account for $5 million. The new overall site will serve as a hub for the company’s administrative, production and R&D activities. MCC Acquires Stephanos Karydakis IML Multi-Color Corporation (MCC) has acquired Stephanos Karydakis IML SA, Athens, Greece, a provider of in-mold label (IML) products. Financial terms of the transaction were not disclosed. The new business will be known as MCC Karydakis. IML is a high-growth labeling technology in which pre-printed labels are inserted into a packaging mold during a container’s manufacturing process, creating a fully recyclable, cost-effective, durable and consistent product.
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8 October 23, 2023
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