Songwon Industrial announced today that it has appointed Hans Werhonig as Leader Group Commercial and a member of Songwon’s Executive Committee from 1 December 2022. Reporting directly to the Group CEO, Werhonig will spearhead Songwon’s strategy and be responsible for the...
The board of directors of Piovan approved the consolidated financial report as of September 30, 2022: revenues reach 381.7 million euros, up 81% compared to 2021. On a like-for-like basis, excluding the revenues realized by the US group acquired at the beginning of the year and consolidated since...
The packaging value chain expresses serious concerns about the European Commission suggested approach on the packaging and packaging waste regulation review, to be presented on 30 November. Over 60 associations from the packaging value chain have issued a joint industry statement to express...
Based on its industrial partnership with Comerc International, the Comerio Ercole group has enlarged the presence into rubber production field becoming shareholder of the Italian company Sasmac International, the brand owner of well-known Saspol technology. Saspol was established in 1961 as a manufacturer of...
An independently managed investment subsidiary of Investindustrial Growth III SCSp has signed multiple agreements to create Arterex - a global provider of diversified manufacturing solutions to the medical device, healthcare and life-sciences industries - through the acquisitions of Formula Plastics, Kabo, Luc & Bel and ModenPlast in...
Plastics Europe announces an increase of 20% in the use of recycled plastics in new products in 2021 compared to 2020, according to its “Plastics - The Facts 2022” annual report, presented at the K 2022 Show. Consequently, the rate of recycled content in plastics products has reached almost 10%. This step ahead demonstrates...
As part of the PolyVision Project launched in June 2022, EuPC starts to reorganize its structure in order to prepare the association for the future. EuPC will continue to support and represent the European plastics converting industry in this transition towards a full plastics circular economy. According to EuPC President Benoît Hennaut...
Perstorp announced that it has been acquired by Petronas Chemicals Group Berhad (PCG), Malaysia´s leading integrated chemicals provider and part of Petronas Group, on 11 October 2022. In May this year, PCG signed a Securities Purchase Agreement with Financière Forêt, a company under PAI Partners, a European...
New entry in Bandera US, where Germano Ferrarini has been appointed new Sales Area Manager. He will work with Jim Dalton in the North American sales team of the Italian company, bringing the experience gained in both technical and commercial positions in the plastics industry...
The CEO and Rotational Director of Persico Group, Claudia Persico, won the 2022 edition of the GammaDonna Award, which since 2004 recognizes innovative female entrepreneurship. Confirming what was indicated in the Fifth Unioncamere Report on female entrepreneurship, according to which...
The expected production value for plastics and rubber machinery in Europe in 2022 will be - as in 2021 - around 15 billion euros. Looking at the trend of the last twelve years, however, a steady growth in production can be observed. This is also reflected in the development of the global demand for plastics. For the period...
A growing order book characterizes the Italian plastics and rubber processing machinery manufacturing industry: the first half of the year closed with an increase of 10% compared to the same period in 2021, and forecasts for the third quarter are still positive, above all thanks to sales and orders from abroad...
In recent days, the new production site of Plantech-CST, a company of the Syncro Group, was inaugurated in Cavezzo (Modena). This investment has been planned to support the continuous development of cutting-edge technologies and the company’s entry into new markets. Besides the company’s top management, the inauguration...
Several European plastics converters are at risk due to the high energy prices. EuPC, the European association representing processing companies, has sounded the alarm at the continental level. Converters like many other energy-intensive industries, are shocked by the dramatic...
RadiciGroup High Performance Polymers completed the acquisition of the engineering plastics business of the Indian company Ester Industries. Last May, RadiciGroup announced this important action aimed at strengthening its internationalization strategy, with an investment of around 35 million euros...
The board of directors of Piovan approved the consolidated half-year financial report as at 30 June 2022: revenues reached 238.1 million euros, up 63.1% compared to 2021 (+ 5.5% on an organic basis and excluding one-off items) while the Ebitda amounted to 27.3 million euros (11.5% of revenues)...
Colines announced the acquisition of NoEl, company headquartered in San Pietro Mosezzo (Novara, Italy) and specialized in the manufacture of machines for pre-stretched coreless film production and reels slitting. NoEl is a highly technology-oriented company. As a matter of fact, over 50% of the company staff is...
Walter Cavicchioli is the new sales manager of Syncro e Plantech-CST, covering Europe, Middle East and Africa markets. He joins the group bringing his 30 years of experience in the study of complex applications in the world of automation and material handling, experience gained in companies such as Doteco, Piovan and Penta...
At K 2022, Negri Bossi will come together with Nissei Plastic Industrial. The Italian manufacturer of injection moulding machines, in fact, is part of the Nissei Group, which took it over in 2020. Under the motto "A look to the future", the two companies will be exhibiting their products in the same booth along with the Roboline robots by Sytrama...
