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BIC announces expansion of corporate sustainability goals

BIC is aiming for 20% non-virgin petroleum plastic for its products by 2025.

Stamford’s Silgan Holdings acquires Cobra Plastics Inc.

Cobra Plastics has sales of approximately $30 million.

L Catterton in acquisition deal of Italian plastic packaging manufacturer

The Greenwich-based private equity firm L Catterton has teamed up with Ambienta to acquire Pibiplast, an Italian manufacturer of plastic packaging for beauty and personal care products.

Spectrum to close Brewster plant

Spectrum Plastics Group is closing its Brewster plant, laying off 39 employees and transferring 11 to its Connecticut plant.