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EPL's Platina is World's First Fully Recyclable Packaging Tube Posted On: 2020-12-17 06:37:10 (Time Zone: Arizona, USA) EPL Limited (formerly known as Essel Propack Limited), the world's largest specialty packaging company, has received global recognition from the Association of Plastic Recyclers (APR), USA for its Platina Tube with an HDPE closure. EPL's Platina is the first fully sustainable and completely recyclable tube in the world, including shoulder and cap, to get this recognition. It is the only tube to have an integrated shoulder INNER BARRIER LINER (IBL) that is also recyclabl...

Blackstone to acquire Piramal Glass for $1 billion US-based private equity major Blackstone Group Inc will pay an upfront amount of  $850 million to take over the management and ownership of Piramal Glass BusinessToday.In | December 11, 2020 | Updated 17:36 IST Blackstone is a major asset manager in India, with investments worth around $16 billion (excluding the Piramal Glass deal) to date US-based private equity major Blackstone Group Inc has inked a deal to acquire Piramal Enterprises Ltd.'s (PEL) glass unit for $1 billion (around Rs 7,500 crore). The transaction comprises an upfront pay...

Blackstone set to buy Piramal Glass for $1 billion Premium Blackstone will make an upfront payment of $850 million and take over the ownership and management of Piramal Glass. (Photo: Company website) 3 min read The deal will allow Blackstone to gain from the global shift towards recyclable glass bottles Share Via Read Full Story Private equity giant Blackstone has agreed to acquire Piramal Glass, the glass packaging business of the diversified Piramal Group, at an enterprise value of $1 billion, said three people with direct knowledge of the deal. Blackstone will execute the deal in two tran...