The Supervisory Board of the Rehau Group has appointed Uwe Böhlke as CEO of the newly formed Rehau Industries, which forms the umbrella for the divisions Building Solutions, Furniture Solutions, Industrial Solutions and Window Solutions as well as the cross-divisional services units. He will take over...
Safety first: for this reason, Arburg has postponed the date for the Technology Days 2022 from March to June. “With regard to the currently unforeseeable further development of the pandemic, we consider it adviseable that the next year’s Technology Days will not take place as planned from 16 to 19 March. We will therefore postpone the event to...
Thanks to an investment of 10 million euros in high-end equipment, Sirmax Group has been able to increase its production capacity significantly. A specialist in the production of polypropylene compounds, engineering polymers, compounds from post-consumer plastic waste and bio-based compounds for various application sectors...
"The anniversary is a nice occasion to say thank you. We have made it our mission to build strong connections with all the people we come into contact with" said Thomas Hermann, CEO di Hermann Ultraschall, on the occasion of the recent celebration of the company's sixty years in business...
International consultancy RecycleMe and Stadler Anlagenbau have announced their cooperation to conduct sorting tests to determine the recyclability of packaging in a unique alliance along the recycling value chain. The tests will be conducted at the recently opened state-of-the-art Stadler Test and Innovation Center in Slovenia for RecycleMe...
A further expansion of the Jindal Films Europe Plant in Brindisi will create minimum 20 highly qualified jobs and add a capacity of further 50,000 tons on top of the current production volume of the site. This additionally produced volume will be mainly dedicated to Jindal's new innovative BOPE specialty film grades, including...
A new general manager for Bandera US, the new North American branch of Bandera, a market leader for blown film production and recycling lines. Mattia Gambarotto (in the picture) will focus his activity to strengthen the company’s market position as well as to shape the North American service activity including...
The Board of Directors of Piovan reviewed and approved the Periodic Financial Information as of September 30, 2021. “The results obtained in these first nine months of 2021 confirm a strong growth in sales volumes in line with the excellent trends of the previous months, with a substantial increase in margins resulting in...
The investigation by the Italian Competition Authority (ICA) on Husky Injection Moulding Systems has concluded. ICA ruled, unequivocally, in favour of Husky finding its conduct compliant with the law and that the elements in the underlying complaint are without merit. As referred in a press release of Husky, this decision follows from...
Specialty chemicals company Lanxess will transfer its High Performance Materials (HPM) business unit to an independent legal corporate structure. HPM is one of the leading suppliers of high-performance plastics. The materials are used primarily in the automotive, electrical and electronics industries. Electromobility in particular is...
A leading New York-based middle market private equity firm, Gamut Capital Management has signed a definitive agreement to acquire Davis-Standard and its affiliates from Oncap, the middle-market private equity platform of Onex. Davis-Standard is a leading supplier of extrusion and converting systems and related...
Double digit growth continues for the plastics and rubber processing machinery, equipment, and moulds industry, represented by the trade association Amaplast. Based on the most recent economic survey by the Mecs statistical studies centre, compared to the first three quarters of 2020, January-September 2021 showed...
Through its company in China, Radici Plastics Suzhou, RadiciGroup High Performance Polymers has signed an agreement with Duromer for the distribution of its products in Australia. “We have collaborated with Duromer for some years now”, Alberto Sessolo, general manager of Radici Plastics Suzhou...
Covestro recorded a strong third quarter of 2021, which saw a continuation of the high earnings momentum from the first half of the year. Since demand remained strong, high selling prices meant that sales increased by 55.9 percent to around 4.3 billion euros (previous year: around 2.8 billion euros). The core volumes...
The end-of-year events will be once again an opportunity to know and discover the new products of Moretto. Having overcome the long events’ absence caused by the pandemic, the company based in Massanzago (Padua, Italy) returns to attend in an active way the main trade fairs all over the world, living again...
A new partnership with Manupackaging Group, which is one of the biggest players in the stretch-film market in Europe and Latin America, has been announced by Colines. Further the strategic decision to update their machine fleet, Manupackaging has chosen Colines as a supplier of two brand-new cast lines for stretch film production for...
A sustainable five-million-euro minibond issued by Crocco, a company based in Cornedo Vicentino (Vicenza, Italy) operating in the flexible packaging sector, has been fully subscribed by UniCredit. As a Sustainability-Linked Bond this loan represents a sustainable financial instrument from all points of view. The transaction provides...
The strong business development of Basf continued in the third quarter of 2021. Demand for Basf’s products remained solid over the summer months. “This enabled us to continue to grow profitably,” said Basf’s Chairman of the Board of Executive Directors, Martin Brudermüller, who presented the results of the third quarter...
A series of actions advancing its strategy as a premier multi-industrial company focused on market-leading high-growth, high-margin businesses with complementary technology and financial characteristics have been announced by DuPont. DuPont has entered into a definitive agreement to acquire Rogers Corporation for...
