Marketing

The decision was unanimously approved by the boards of directors of Clariant and Huntsman. In a joint statement, Peter R. Huntsman, president and CEO of Huntsman, and Hariolf Kottmann, CEO of Clariant, stated: “We remain convinced that the proposed merger of equals as agreed to on May 21, 2017, would have been in the long-term best interests of…

Materials manufacturer Covestro delivered the strongest quarter in the company’s history in the third quarter of 2017 as the positive trend of the first six months carried on. At 491 million euros, net income was up 89.6% on the prior-year quarter. At the same time, Ebitda was 50.2% higher, and sales rose 16.9% over the same period the previous…

Basf Group recorded significant sales and earnings growth in the third quarter of 2017. “The positive demand development continued in the third quarter of 2017. We achieved solid volume growth, even compared with the strong prior-year quarter,” said Kurt Bock, chairman of the board of executive directors of Basf...

The Mossi Ghisolfi Group announced that the companies: Mossi & Ghisolfi, M&G Finanziaria, Biochemtex, Beta Renewables, Italian Bio Products, IBP Energia, M&G Polimeri, and Acetati Immobiliare have filed, before the Tribunal of Alessandria, an application for admission to the arrangement with creditors procedure (“Concordato Preventivo…

At Fakuma 2017, Plastic Metal exhibited a 280-ton double injection moulding machine in the context of a moulding station for the production of wheels for toys of the brand “Clycformers”. The machine displayed was a HE version that proved the top performances, quality production and energy saving of the hybrid machines...

Size reduction equipment manufacturer Rapid Granulator is making a major investment in machining equipment at its headquarters in Bredaryd, Sweden. Installation of three high-precision, highly automated machining centres, with a total investment of 4.5 million euros, will provide the company with extra capacity to produce core components to...

With an impressive 50 percent increase in the number of exhibitors compared to last year, formnext powered by tct 2017 continues its strong growth trend. The formnext exhibition, which is scheduled to take place for the third time on November 14-17, 2017 in Frankfurt am Main, also sets new standards thanks to its strong international...

Three decades have passed since a far-sighted Austrian engineering company specialising in control electronics and industrial automation systems, decided to invest in Italy. Over these thirty years, what began as a dynamic group of just three people has grown to almost 100 employees, making the Italian market the second largest for B&R...

Headquartered in Reggio Emilia (Italy), Moss specialises in the manufacturing and sale of machines for printing on and decorating plastic containers. The company, has just reached its milestone half century in business. To celebrate this important anniversary, at the start of October the company threw a party which was attended by the owners and…

From October 5 to 7, Ripress, at its facilities in Nova Milanese (Monza Brianza, Italy), presented the GB range of electric injection moulding machines built by South Korean manufacturer Dongshin, for which it is the sole distributor in Italy. These are fully electric machines designed for rapid moulding, mainly of packaging, although they are…

Shortly after cancelling the 2017 SPE Thermoforming Conference in response to the threat posed by hurricane Irma, the Thermoforming Division has announced that it will not reschedule the conference and has outlined refund options for registered attendees and exhibitors. The 2017 conference had been scheduled to begin on...

Gefit has chosen to celebrate its fiftieth anniversary focusing on its main resource - its employees, gathered together with their families during a special evening. Overall, Gefit group counts more than 350 employees, split in the two Italian plants (in Alessandria and Fubine), and in China (Dalian), USA (Detroit), Hungary (Tatabanya) and...

From October 5 to 7, Ripress will be presenting its new DS range of electric machines at its Nova Milanese (in the province of Monza Brianza) headquarters, which were recently extended and equipped with a showroom for carrying out moulding tests. The new machines are the result of Ripress’ collaboration with South Korean manufacturer...

Imports up by 9.1%, exports by 14.6%: these are the results of the first half of 2017 with respect to the same period in 2016 based on the analysis of Istat foreign trade data by the Amaplast Statistical Studies Center. The two trends point to further improvement in the positive balance of trade for the sector...

The board of directors of the European tyre and rubber manufacturers’ Association, elected Bridgestone Emea’s vice president and senior advisor Franco Annunziato as president of the association. At the same meeting, Thierry du Granrut, from the Syndicat National du Caoutchouc et des Polymères, was confirmed as vice president for a second...

Delivering focused growth strategies, particularly for new and emerging markets or applications, is firmly anchored in the strategy of Victrex. With a clear focus on further executing this successful polymer, forms and parts strategy, Jakob Sigurdsson joined the company on September 4, 2017 as CEO-designate. He will become CEO on October 1...

Bernd Kunze and Karsten Kratz have been appointed to the management board of Reifenhäuser Holding with effect from July 1, 2017. As CTO, Kunze will take charge of all technological issues within the group, and in this role, will share responsibility for the digital transformation of the business. As CFO, Kratz will be responsible for the IT and...

In partnership with Husky Injection Molding Systems, Solvay Specialty Polymers is launching Verian High Barrier Polyester (HBP), a recyclable, innovative line of high-performance polymers that will enable a new generation of sustainable packaging solutions for polyethylene terephthalate (PET) bottles and films. The new polymer...

Sabic continued its global expansion with the inauguration, on September 13, 2017, of a new polypropylene (PP) pilot plant in Geleen, the Netherlands, and the announcement of a new investment in a state-of-the-art PP extrusion facility to be built at the same location. Both facilities, dedicated to innovation in Sabic PP products, support SABIC’s…

Basf and Solvay have signed an agreement related to the sale of Solvay’s integrated polyamide business to Basf. The purchase price on a cash and debt-free basis would be 1.6 billion euros. Solvay and Basf aim to close the transaction in the third quarter of 2018, after customary regulatory approvals have been obtained and the formal consent of a…