Through its subsidiaries NextChem, Stamicarbon and MET Development, Maire Tecnimont has signed a Memorandum of Understanding with Adani Enterprises to explore the development of industrial projects using NextChem and Stamicarbon’s technologies and MET Development project development capabilities and expertise to industrialize...
After the record peak in 2017, substantially continuing into 2018, then followed by a cyclical setback in 2019, last year revenues for Italian plastics and rubber equipment manufacturers recorded a drop of 11.4% to a total value of 3.9 billion euros. According to data from the Mecs-Amaplast (national trade association and member of...
Sipa and PTI reached an agreement to join forces on the market, with PTI now becoming part of the Sipa group. This strategic partnership will help both companies to increase their visibility and create new business opportunities. “Joining forces with Sipa makes perfect sense for PTI. We bring extensive knowledge in...
Global leader group in technologies for processing a wide range of materials and industrial components, SCM Group (which also includes CMS) has a new board of directors. On March 12, the shareholders' meeting appointed the new board of directors with Giovanni Gemmani (President), Marco Mancini (CEO), Andrea Aureli, Enrico Aureli...
Is starting the new fiscal year 2021 with confidence, Lanxess: the specialty chemicals company expects that many of its customer industries will recover and therefore anticipates Ebitda pre exceptionals of between 900 million euro and 1 billion euro for the full year...
In the second half of 2020, the Wittmann Group has seen a more than positive development in its business in spite of the economic slowdown in the automotive sector and the restrictions due to Covid-19, and this trend is continuing in 2021. This development has paved the way for further investments...
As of January 1, 2021, the Arburg subsidiary in Poland has a new Managing Director in the person of Konrad Szymczak. He succeeds Slawomir Sniady, who successfully established and expanded Arburg Polska and has now retired after 25 years. Poland is one of the most important and strongest markets in Europe for...
According to a current survey, the member companies of VDMA Plastics and Rubber Machinery expect the order situation and turnover volumes to show positive developments for this year. "In the second half of 2020, the demand for plastics and rubber machinery has clearly...
Effective May 1, 2021, Solvay’s Udel PSU, Radel PPSU and Veradel PESU specialty polymers will be available in Italy through Nevicolor. “Nevicolor is our long-standing distribution partner in Italy, providing coverage across all regions of the peninsula,” said Dries Steijnen Manager Channel Partners Sales Emea...
The Sacmi Group announced the appointment of Mauro Fenzi as new general manager. In March he’ll take over from Giulio Mengoli, who has, for personal reasons, considered it appropriate to terminate his employment. Despite all the difficulties caused by Covid-19, the year 2020 still saw Sacmi achieve good...
On February 25, 2021, Star Automation Europe appointed Parco Innovation as its commercial agent for South-East France, following the retirement of the previous agent, Rudy Di Giuseppe. Since 2008 Parco Innovation has been distributing conveyor and peripheral belts for various applications in the injection moulding sector, from...
Padua-based Moretto is among the speakers at the 2021 digital edition of Pack Passion Week, the event dedicated to the world of PET running from March 9 to 11. On 10 March Gene Flockerzi, general manager of Moretto Usa, will present a paper with the title “Enhancing Sustainability: drying control and process verification on preform production”...
With a press release issued in the latter days, EuPC, the association representing European plastics converters, expresses its concern about the impact that the shortage of raw materials is having on the production of plastic products in Europe. The European market for polymers has been under pressure for several months...
The Italian company specialized in the development and engineering of high-performance thermoplastic composites reinforced fibres and additives, Xenia Materials, announced a new partnership agreement with Jiejiayou (Shenzhen) Material Technology. Thanks to this dedicated partnership, Jiejiayou (Shenzhen) Material Technology will...
The Munich-based machinery manufacturer KraussMaffei Group is selling its subsidiary KraussMaffei Austria to the Austrian family-owned company Luger. There, it will continue to operate under the name KMAT Maschinen und Service. The eight employees of the former KraussMaffei Austria will continue to be employed. The transaction took effect on...
Covestro saw a strong end to an exceptional year in 2020 and benefited, especially in the second half, from its consistent crisis prevention measures and a recovery in demand. Despite the very successful fourth quarter, the Group could not fully compensate the massive, pandemic-related cut-backs that arose in the first six months...
“In a challenging 2020 business year, Basf was able to close out the year on a strong note,” said Basf’s Chairman of the Board of Executive Directors, Martin Brudermüller, at the presentation of the Basf Report 2020. Income from operations (Ebit) before special items for the full year 2020 exceeded the company’s forecast released in...
After a short but aggressive illness, Sergio Anceschi, president of Tria, passed away at 86. In over fifty years of intense activity, together with his father Angelo, he gave life and development to the company, also participating in the associative life of the sector. "We will miss his support and his charismatic presence, but his imprint remains indelible...
With the aim of strengthening its business organization, Marfran recently announced the appointment of a new sales and marketing manager, Aldo Barucco. This is a further step for Marfran towards the expansion and consolidation of its position on the Italian domestic and international thermoplastic elastomer markets, adopting a...
