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Keter Plastic
6 stories about Keter Plastic
Failed management and huge debts: Keter Plastic’s credit rating drops
07.11.22
|
Golan Hazani
Moody's downgraded Keter's credit rating to Caa1, after a move to recycle the company's debts led by CEO Alejandro Pena failed. The rating company notes that the high leverage and high interest rates will make it difficult to recycle the debt amounting to 1.2 billion euros
The Keter affair: Following IPO failure, Keter lays off 100 workers
03.10.22
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Golan Hazani
When the group's American CEO, Alejandro Pena, was appointed in 2018, his main task was to guide the company to a successful Nasdaq IPO, but ultimately the IPO was canceled and now Keter’s employees are paying the price of Pena's failure
Keter Plastic IPO suffers another blow as losses grow
14.12.21
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Golan Hazani
The Israeli manufacturer and marketer of resin-based household and garden consumer products postponed its Wall Street IPO last month due to negative market sentiment and has now reported a loss of 35 million euros in the third quarter of 2021
Keter Group and UBQ Materials partner to bring sustainable garden goods
19.04.21
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James Spiro
The Israeli partnership will help Keter reach its sustainability goal incorporated in its products
“By 2025, 55% of our products will be made of recycled plastic,” says Keter co-CEO
28.02.21
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Elihay Vidal
Iftach Sachar talks about how his company is trying to lead the way when it comes to making plastics more sustainable
CTech’s Daily Israeli Tech News Roundup
13.02.18
|
CTech
WeWork relaunches forgotten 2011 accelerator-type program WeWork Labs. Leaf, long-awaited home cannabis farming box, to start shipping in coming months