NEWS Tupperware files for bankruptcy


Tupperware – the iconic injection- moulded food container brand – has initiated Chapter 11 proceedings in the United States Bankruptcy Court for the District of Delaware. The company says it will seek


approval to continue operating during the proceedings. At the same time, it will ask approval “to facilitate a sale process for the business”. “Over the last several years, our financial position has been severely impacted by the challenging macro- economic environment,” said Laurie Ann Goldman, president and CEO of


Tupperware. “We explored numerous options and determined this is the best path forward. This process is meant to provide us with flexibility as we pursue strategic alternatives.” Following the appointment of a new management team within the last year, the company says it has imple- mented a plan to modernise opera- tions and drive efficiencies – saying it “has made significant progress and intends to continue this important transformation work”. Earlier this year, the company closed its only US-based manufactur-


ing operation – a plant in South Carolina – with the loss of nearly 150 jobs. The company has also closed plants in other countries, including France, Greece and Japan – but retains production in countries including Belgium, South Korea, China and India.


In the bankruptry petition, Tupper-


ware said it employs nearly 5,500 employees in more than 40 countries. It also reported more than US$1.2 billion in debts and nearly US$680 million in total assets. � https://www.tupperwarebrands.com


Audi radiator grilles use PET and polycarbonate recyclate


Medisize acquires Vectura


A blend of PC and PET recyclates are used in the new A3 model


Audi said it is mass-produc- ing painted radiator grilles made from a blend of PC and PET recyclates for the new A3 Sportback and A3 Sedan. This is the result of a collaboration between Audi, compounding specialist Mocom, and plastics processor Winning Plastics. The recycling process begins with scrap parts from


www.injectionworld.com


production. After the defective parts are shred- ded, they are processed in a hammer mill designed by Mocom where the paint is removed and the resulting debris vacuumed away. During extrusion, the plastic mass undergoes fine melt filtration where it is passed through special filters and the resulting PC+PET


recyclate blended at a nominal 27% into the production of new radiator grilles. “We aim to increase the


use of recycled materials in Audi vehicles,” said Frank Fischer from Audi’s materi- als engineering department. � www.audi.com � www.mocom.eu � https://winningplastics.com


Medtech device company Phillips Medisize is to purchase Vectura – a UK-based producer of drug inhalation devices. “This will enhance our ability to deliver a broader portfolio of inhalation combination drug devices and solutions to our pharmaceutical customers,” said Paul Chaffin, presi- dent of Phillips Medisize. “With our reach, we can help Vectura develop new products.” Vectura’s expertise in


inhalation devices includes formulation and device development for dry powder inhalers (DPIs), pressurised metered dose inhalers (pMDIs), as well as nasal and nebuliser products. The acquisition is


expected to close by the end of this year. � www.phillipsmedisize.com


September/October 2024 | INJECTION WORLD 5


IMAGE: AUDI


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