• Krones Recycling’s operations already process a variety of plastics, including PET, PE, PP, and PS.
    Krones Recycling’s operations already process a variety of plastics, including PET, PE, PP, and PS.
Close×

Krones has spun off its recycling business. Krones Recycling GmbH, under the management of Michael Gotsche, commenced operations on 1 July 2024 with its headquarters in Flensburg. The new company will handle all plastics recycling activities while continuing to use Krones’ global production, sales, and service network.

The formation of Krones Recycling GmbH highlights the increasing significance of the recycling sector and its role in achieving Krones’ sustainability goals. Krones, with nearly 30 years' experience in plastics processing and 25 years in recycling, aims to improve its recycling expertise through this spin-off.

Krones CEO Christoph Klenk stated, “The spin-off will enable Krones Recycling to develop faster and in line with market requirements. This division makes a decisive contribution to protecting the environment by returning plastic waste to the value-added cycle.”

Michael Gotsche, managing director of Krones Recycling GmbH, emphasised the benefits of the new structure, noting, “The newly founded company offers us the necessary flexibility and scope for action to implement decisions in a customer-oriented, fast, and optimised manner.”

Despite its independence, Krones Recycling will maintain a strong connection with the Krones Group, ensuring that clients continue to benefit from Krones’ comprehensive line expertise. Gotsche added, “Our worldwide sales and service network remains available without restriction.”

Krones Recycling’s operations already process a variety of plastics, including PET, PE, PP, and PS. The company is offering sustainable and profitable recycling solutions in order to contribute to a global circular economy. A goal is to ensure at least 30 per cent of the plastics processed on Krones lines are returned to the cycle as recycled resources.

The company will also continue its research into new recycling innovations at its in-house Recycling Technology Centre, where tests on the recyclability of various plastics, including adhesives and colours, can be conducted under real conditions for customers.

Food & Drink Business

Treasury Wine Estates announced the resignation of CEO, Tim Ford, with news the CEO of Lion, Tim Fischer, will replace him from 27 October. Ford has been at TWE for 14 years, five as CEO and managing director. Fischer will receive a $4 million sign-on fee as compensation for forgoing incentives with Lion.

Wine Australia and Australian Grape & Wine have selected the 2025 crop of the Future Leaders program, helping to develop the next generation of change-makers in Australia’s grape and wine sector.

Nestlé Australia has partnered with leading food rescue organisation, OzHarvest, to promote nutrition education and provide 400,000 meals to struggling Australians over the next 12 months.