2021 was an important year for WM Thermoforming Machines as it saw the celebrations of the 40th anniversary of the company. To mark this milestone, the Swiss company organized several activities, such as Synergizing Technologies, a series of livestream events hosted at WM Thermoforming Machines, each taking...
At the subsidiaries of the German Mahlo, two branch managers are celebrating anniversaries this year. Alan Lavore, CEO of Mahlo America, has been with the machine builder for 25 years. Michel Bruni, CEO of Mahlo Italia, has been part of the Mahlo family for 40 years...
At the 16th EuBP Conference, recently held in Berlin, European Bioplastics presented a very positive outlook of the global bioplastics industry. Production is set to more than triple over the next five years according to market data which was compiled in cooperation with the nova-Institute...
The Board of Directors of LyondellBasell has appointed Peter Vanacker, President and CEO of Neste Corporation, as its new Chief Executive Officer. Vanacker succeeds Bhavesh V. Patel, who will retire from the company on December 31, 2021, as previously announced...
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...
"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...
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...
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 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...
A joint venture between the Kineco Group and Exel Composites creates a new composites design, engineering, and production company focused on serving the Indian market with pultruded composite solutions. The joint venture brings together two well-known names in the composites industries, creating a new company called Kineco Exel Composites India...
The European association of plastics manufacturers, Plastics Europe, unveiled a new visual identity and website with sustainability at its core. This reflects the fundamental changes taking place within both the industry and Plastics Europe. Plastic is a key material in enabling innovation and...
Following the acquisition by Domo Chemicals of Performance Polyamides Business (Polytechnyl) in Europe - including the well-known Technyl brand - all current Domamid, Econamid and Thermec branded engineered materials solutions will be merged under one Technyl umbrella worldwide. The move, which goes live...
The global packaging solutions and recycling specialist, the Alpla Group, is acquiring BTB PET-Recycling based in Bad Salzuflen (Germany). The company turns PET bottles into recycled material which is then predominantly used for the production of new beverage bottles. Its bottle-to-bottle packaging cycle is a closed loop...
The starting signal was given on September 1, 2021: a total of 77 new trainees and students from the Baden-Württemberg Cooperative State University (DHBW) started their training at Arburg. This proud number underlines the high value that the well-founded and triple-certified training has for the Lossburg mechanical engineering company...
All activities of the former KraussMaffei High Performance will be transferred by KraussMaffei Group into an independent unit effective October 1, 2021. This will operate under the traditional name Netstal. Renzo Davatz will head Netstal as CEO and in this function will report directly to the KraussMaffei Group‘s CEO, Michael Ruf...
The structure of Hermann Ultraschall services has been optimized under the umbrella term “Herrmann Engineering”. Every single step, from the initial contact with the customer to delivery and start-up of the complete system, is secondary to achieving the best weld results. The ultrasonic specialists can provide a unique combination of services...
