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Husky Technologies

Broader sector Private
Headquarters
Bolton, Ontario, CA
Segment
Machinery
Stories held
3
Last story
15 Oct 2026

Husky Technologies designs and manufactures injection moulding equipment, hot runners and mould tooling used to produce PET preforms, closures and other plastic packaging components, with operations serving customers across more than 140 countries. Founded in 1953 and headquartered in Bolton, Ontario, the company is owned by private equity firm Platinum Equity.

3 stories · 2026

Suntory to bring flake-to-preform PET recycling to Thailand from 2028

Suntory Group will commercialise its Flake-to-Preform direct PET recycling technology in Thailand from 2028, the first use of the process in Southeast Asia. The technology will be run through Indovida (Thailand) Limited, a joint venture with Indorama Ventures and Iwatani Corp, producing about 400 million PET preforms a year for Suntory PepsiCo Beverage Thailand.

Why this mattersDirect flake-to-preform conversion, skipping crystallisation and drying, shortens bottle-to-bottle recycling in Southeast Asia; Suntory cites about 70% lower CO2 than virgin-PET bottles.

  • Commercial launch targeted for 2028 in Thailand, the first Southeast Asian deployment of Suntory's Flake-to-Preform (F-to-P) technology
  • Joint venture Indovida (Thailand) Limited formed by Suntory, Indorama Ventures and Iwatani Corp
  • Planned output of about 400 million PET preforms a year, supplied entirely to Suntory PepsiCo Beverage Thailand
  • F-to-P has been used in Japan since 2018 for soft-drink bottles, skipping the crystallisation and drying steps of conventional bottle-to-bottle recycling
  • Suntory states the process cuts CO2 emissions by about 70 percent versus virgin-PET bottles, based on Japanese calculations
  • As of 2025, 42 percent of Suntory's global PET bottles use recycled or bio-based material, part of its goal of 100 percent by 2030
Indorama Ventures counterparty Husky Technologies counterparty Suntory Group Indorama Ventures PCL counterparty Suntory Holdings Next Generation Recyclingmaschinen counterparty
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Husky Technologies launches HyCAP 4.0 tooling for beverage closures

Husky Technologies has launched HyCAP 4.0, a new tooling platform for beverage closure manufacturing designed to support ultra-lightweight and tethered closures. The platform uses polymer bushings and an optimised stack design intended to extend mould life and cut unplanned downtime, and is built to help customers meet tethered-cap regulations without new capital investment.

Why this mattersTooling that supports both tethered and standard closures without retooling lets converters adapt to spreading tethered-cap mandates at lower capital cost.

  • Husky Technologies launched the HyCAP 4.0 tooling platform on 15 September 2026.
  • The tooling supports both tethered and non-tethered beverage closure production.
  • Polymer bushings reduce steel-to-steel contact to extend mould life over millions of cycles.
  • The platform targets ultra-lightweight closure designs to reduce material use.
  • It is designed for high-speed production while maintaining tight tolerances.
Aptar mentioned Husky Technologies
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NAPCOR roadmap targets 57% cut in PET bottle life-cycle emissions by 2050

The National Association for PET Container Resources has published a decarbonisation roadmap for PET beverage bottles, developed with consultancy Eastern Research Group, setting out a pathway to cut life-cycle greenhouse gas emissions intensity by more than half by 2050 using existing technologies. The roadmap models total US PET industry emissions falling from about 3.3 million tonnes CO2e to 1.9 million tonnes by 2050 even as production volumes rise, driven mainly by bottle lightweighting and renewable energy adoption. Amcor, Plastipak Packaging, Indorama Ventures, Alpek Polyester, Husky Technologies, Niagara Water, Southeastern Container and Western Container took part in surveys underpinning the analysis.

Why this mattersA credible, peer-reviewed sector roadmap gives PET converters and brand owners a benchmark to defend the material against substitution by glass, metal or alternative packaging.

  • Roadmap targets a 57% reduction in PET bottle life-cycle GHG emissions intensity by 2050 versus current levels.
  • Total US PET industry annual emissions modelled to fall from about 3.3 million tonnes CO2e to 1.9 million tonnes by 2050.
  • 16.9-ounce PET water bottle system emissions intensity could fall about 44% by 2035 versus 2023 baseline.
  • Carbonated soft drink bottle systems studied could see emissions intensity cuts of roughly 35% to 43% by 2035.
  • The 'cut-off' life-cycle method would show an 83% reduction using the same levers, versus 57% under the more conservative 'system expansion' method used.
  • Study was funded by NAPCOR and developed by Eastern Research Group, with input from Amcor, Plastipak Packaging, Indorama Ventures, Alpek Polyester, Husky Technologies, Niagara Water, Southeastern Container and Western Container.
Amcor counterparty NAPCOR Plastipak Packaging counterparty Husky Technologies counterparty Eastern Research Group counterparty
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