The Italian company Tria, which specialises in the manufacture of granulators, has recently seen some changes at the top. The company has a new board of directors (instated on February 1st), whose members are Claudio, Luciano and Marco Anceschi, Stefano Venturelli and Virginio Lavizzari; Luciano Anceschi has been appointed president, taking over the reins from his father Sergio Anceschi...
Negri Bossi is continuing to pursue its expansion strategy on the North American markets. Its latest step in this direction was its participation in the Plastimagen 2016 fair, recently held in Mexico City, where the manufacturer based in Cologno Monzese, near Milan (Italy) presented its range of products and services. At the fair it exhibited...
With subsidiaries serving the plastics-processing, waste-recycling, and industrial heat-transfer markets, Ipeg has acquired Pelletron Corporation, a leading supplier of pneumatic conveying systems, dust removal systems and other related products. The company will operate as an independent subsidiary at its existing location in...
The Italian consulting company Plastic Consult, operating in the field of industry, finance, trade associations and public authorities, has published the 2015 edition of Plastic Trend Synthesis, a multiclient study which summarizes the figures and data resulting from the company’s long standing contacts with the plastics industry. It analyses the...
Record results for 2015, with sales at 234 million Euros, up 11% on the previous year, and a significant increase in strategic market shares. These impressive growth figures for Sumitomo (SHI) Demag are the result of the strategic changes initiated in April 2015, i.e. the focus on core competencies, the pooling of the two German production sites into...
The TPE specialist Kraiburg TPE presented its products from March 17-19, 2016 to a broad mix of visitors at the industrial trade fair MecSpe in the northern Italian city of Parma. The focus of this year’s exhibit was on the new drinking water compliant TPEs developed especially for hose applications. By participating in MecSpe the company emphasized Italy’s...
Basf Italia has a new CEO. Andreas Riehemann has taken over from Erwin Rauhe, who has led the company over the past eleven years and will now assume the position of vice president of the board of Basf Italia. The new CEO has over 25 years of experience in the chemical industry and will lead the Italian subsidiary in the local market. In Italy...
Assocomaplast (the Italian trade association belonging to Confindustria, which groups together over 160 makers of machinery, moulds and equipment for plastics and rubber) has developed its 2015 balance sheet for the sector, also according to Istat foreign trade data. "The most heartening item for Italian companies is exports, which once again have proven...
The largest international composites show, JEC World opened at the new Paris Nord Villepinte venue for the first time. Its content, design and scenery were the object of much admiration. New records have been reached this year, with a total surface of 62,000 sqm, 1,300 exhibitors and 36,946 professional visits in attendance. One of the...
Polyurethanes are durable, dimensionally stable and exceptionally versatile; they can be soft and elastic but also hard and brittle. Therefore, PUR is used in a wide range of applications: for car seats and mattresses, skis and shoe soles, sponges and carpet coatings, elastomeres, paints and coatings, but also for adhesives and sealants...
Company based in Nibbia (Novara, Italy), Gruppo Colines Holding, active in the production of lines and machines for plastics processing, has finalized a business branch lease agreement aimed at the acquisition of the sector of the company Torninova in Bastia Umbra (Perugia, Italy). This latter is dedicated to manufacturing, assembling and...
Kiefel of Freilassing, Germany - part of the Brückner Group based in Siegsdorf, Germany - intends to acquire a 100% share in Mould & Matic Solutions, which currently belongs to the Austrian Haidlmair Group. Both parties signed a purchase agreement this week, which is still subject to the approval of the cartel authorities...
Leading provider of innovative solutions in the fields of polyolefins and base chemicals, Borealis has announced a net profit of 242 million euros for the fourth quarter of 2015, compared to 141 million euros in the same quarter of 2014. For the full year 2015 the company recorded a net profit of 988 million euros, compared to 571 million euros in 2014...
For the first time in more than 100 years of history, Confindustria (the association representing manufacturing and service companies in Italy) met the Holy Father, participating at what the president of the biggest association of Italian companies, Giorgio Squinzi, has defined the "first Jubilee of industrialists". On...
“Over the course of the year, global economic growth slowed significantly. In this economic environment, we have taken decisive measures. We have significantly reduced our inventories, strengthened our cost management and pruned our portfolio,” said Kurt Bock, chairman of the board of executive directors of Basf at the annual press conference...
Materials manufacturer Covestro can look back at very successful development in its first year of independence. All financial targets were achieved in 2015. Compared with the prior-year period, adjusted Ebitda increased substantially, and the free operating cash flow reached a record level. The recently listed company plans to pay its...
The sixth edition of Plastics & Rubber Vietnam, exhibition for the plastics and rubber sector placed in Vietnam, organized by Singapore Exhibition Services in cooperation with Messe Düsseldorf Asia, takes place from March 1 to 3 at the Saigon Exhibition and Convention Centre in Ho Chi Minh City. Assocomaplast is attending the trade show with an...
“There is some melancholy”, admits Peter Neumann as he announced his withdrawal from operational business, “but also optimism because Engel is well established and continuity in management has been secured”. Effective November 30, 2016, Peter Neumann, long-term chairman of the executive board of the Engel group of companies, withdraws...
Cannon has been awarded of a very significant order from the Chinese company Kangde Composites for high volume production of carbon fibre based composite parts made with HP-RTM (High Pressure Resin Transfer Moulding) technology. The project is finalised to the production of lightweight composite parts for new electric cars...
