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Piovan Group completes the acquisition of IPEG

In accordance with the agreement signed on December 13, 2021, Piovan has completed its acquisition of IPEG by virtue of the merger by incorporation of Sewickley Capital, the owner of 100% of IPEG, into a newly formed Delaware corporation wholly owned by Piovan...

The Ineos Styrolution StyLight composites to Ensinger

Ensinger and Ineos Styrolution announced the joint agreement that Ensinger has acquired the StyLight thermoplastic composite materials business of Ineos Styrolution. The acquisition adds an exclusive SAN based product range to Ensinger’s comprehensive thermoplastic composite portfolio. SAN based products bring...

Change at the helm of Borealis polyolefins in Austria and Italy

Borealis announced the appointment of Jürgen Artner as Operations Manager Polyolefins and Location Leader for Borealis in Schwechat (Austria), Monza (Italy) and Wildon (Austria), effective February 1, 2022. He succeeds Rudolf Sukal, who will retire mid-year. Jürgen Artner joined Borealis in 2000 and has held various positions since then, including...

Coim acquires Synres and creates a second hub for esterification products

The Italian multinational company producing speciality chemicals Coim has acquired Synres, company founded in 1947 and specialized in the production of alkyd and acrylic resins, and located near Rotterdam, in the Netherlands. The acquisition by Coim aims at enhancing the offer and expertise of Synres in the field of...

To Tecnimont a 250 million euro contract from Covestro

Subsidiary of Maire Tecnimont, Tecnimont has been awarded an engineering, procurement and construction (EPC) contract by Covestro for a new aniline plant in Antwerp, Belgium. The project will realize a substantial additional aniline production capacity to the existing Covestro site in Antwerp...

Riccardo Castello appointed managing director of Plasmac

After Andrea Rigliano, also Riccardo Castello joined Syncro Group as managing director of Plasmac, the business unit devoted to recycle (and owned in partnership with Erema). This appointment is a clear reflection of the Syncro Group’s ambitious plans for Plasmac. “We’re extremely pleased to be able to announce Riccardo as the new...

Benvic strengthens in the United States

The producer of thermoplastics and biopolymers, Benvic, has completed the acquisition of West Unity, Ohio-based Trinity Specialty Compounding from Ravago Americas, via Benvic’s US division Chemres, further strengthening its presence in the US market. Trinity is a custom compounder specializing in the compounding of...

Dirk Langhammer new vice president strategy and group development of Borealis

Effective January 1, 2022, Dirk Langhammer has been appointed as Vice President Strategy and Group Development of Borealis. Dirk succeeds Tom Asselman, who will move to OMV in the role of Vice President Strategic Planning and Projects. Dirk Langhammer joins Borealis from OMV where he has held various positions since...

Appointment in the Plastics Industry Association

Plastics Industry Association (Plastics) announced the election of Tad McGwire as Chairman of the Board. McGwire is CEO and owner of Industrial Heater Corp, a recognized leader in the process heating industry, and brings nearly four decades of manufacturing experience to his new role....

Assessments and future prospects in Colines

Gruppo Colines Holding does not hide the difficulties of the year just ended, mainly due to the Covid-19 pandemic and the consequent measures put in place to stem it. Nevertheless, the executive president Eraldo Peccetti (in the centre in the picture) draws a positive balance for 2021 and says...

Andrea Rigliano new CSO and greenology manager of Syncro Group

A clear reflection of the ambitious plans for its continued growth and global expansion: Syncro Group announced in this way the appointment of Andrea Rigliano as new CSO (Chief Sales Officer) and greenology manager. “We’re extremely excited with the unique experience that Andrea will bring into the...

Heubach Group and SK Capital Partners close acquisition of Clariant Pigments

The leading global producer of pigments, Heubach Group, and the private investment firm focused on the specialty materials, chemicals and pharmaceuticals sectors, SK Capital Partners, announced the completion of the acquisition of Clariant’s global colourants business (Clariant Pigments). The combined business will operate under...

A calendar celebrating the past and looking to the future

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...

RadiciGroup in Austria with Plastoplan Kunststoffhandel

As of January 1, 2022, Plastoplan Kunststoffhandel has been appointed the RadiciGroup distributor in Austria for a wide product range that includes Radilon, Heramid, Radiflam, Radistrong, Raditer, Heraflex, Torzen, Heraform And Raditeck. “Our Group,” said Rolf Behringer, sales manager...

Two heads of Mahlo subsidiaries celebrate anniversaries

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...

Piovan acquires 100% of the American Ipeg Group

100% of the shares of the US Ipeg Group, comprised of the four brands Conair, Thermalcare, Pelletron and Tepublic Machine, has been acquired by Piovan. The combined group will have a workforce of more than 1,800 employees, will operate 14 facilities worldwide, and would have generated pro-forma sales of over 450 million euros...

Plastics and rubber processing machines in recovery

The full-year forecast developed by Mecs-Amaplast statistical studies centre shows double-digit growth in 2021 for the Italian plastics and rubber processing machinery, equipment, and moulds industry. “According to our estimates,” Amaplast president Dario Previero stated, “at the close of...

Global bioplastics production will more than triple within the next five 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...

LyondellBasell appoints a new CEO

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...

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