International news

Ineos recently completed the formation of a 50/50 joint venture with Sinopec for the Tianjin Nangang Ethylene Project, announced in December 2022, which is currently under construction by Sinopec and expected to be on-stream by April 2024. The petrochemical complex includes...

Kautex Maschinenbau, specializing in the development and production of extrusion blow molding machines, with its German production site in Bonn, has been in insolvency in preliminary self-administration since August 25, 2023. The unrestricted continuation of operations is given. The operations site in...

LyondellBasell announced it has acquired a 50% stake in Stiphout Industries. Stiphout is involved in the sourcing and processing of post-consumer plastic packaging waste. The company operates a facility located in Montfort, the Netherlands, with an annual processing capacity equivalent to...

In charge of the European Green Deal from 1 December 2019, Frans Timmermans is leaving the European Commission, of which he was first vice-president since 2014, to run and campaign for the Dutch general elections scheduled for the autumn, called after the resignation of Prime Minister Frank Rutte a few days ago...

EU27 chemical production is expected to decline by about 8% in 2023 compared to the previous year, with no imminent recovery of chemical demand in Europe. This outlook applies to nearly all segments of the business, while consumer chemicals are more resilient. This is reported by Cefic, the...

Effective July 1, 2023, Jochen Pernsteiner has become the new Sales Director at Wittmann Battenfeld. In his capacity as Head of Sales, he succeeds Valentina Faloci, who held this position during the last four years. Following his technical training and subsequent study of sales engineering at the Mittweida University...

The Reifenhäuser Group is repositioning itself in the Southern African region and has founded a new subsidiary in Durban (South Africa). The new company Reifenhauser Southern Africa started its business activities on 1 July and will for the first time directly serve the countries...

Wilfried Ensinger, who established the family-run plastics processing company that bears his name, passed away on 23 May at the age of 87. With the loss of its founder, the company says farewell to a passionate engineer, creative inventor and dedicated entrepreneur who - even in the decades following...

At its recent annual general meeting, the British Plastics Federation (BPF) elected Nigel Flowers, managing director of Sumitomo (SHI) Demag UK subsidiary, as its new chairman. With more than 35 years of experience in the plastics industry, member of the...

The European association of the PET supply chain, Petcore Europe, has appointed Martin Stephan as new Executive Director and Ermis Panagiotopoulos, who served as interim Executive Director since January 2023, as Deputy Director. Martin Stephan spent his entire career in the chemical industry, in France, Germany...

Haitian International is expanding its production and logistics network in Europe and investing in the construction of a modern plant with a total area of 250,000 square metres at its site in Ruma, Serbia. The plant is scheduled to go into operation in the first quarter of 2025. With this investment in the centre of the Balkan Peninsula...

On 26 April, the Association of the European Manufacturers of Expanded Polystyrene (Eumeps) held its general assembly, and the members elected a new board of directors. In the board of directors elections, Eumeps members have reconfirmed Klaus Ries from Basf as President...

The 2022-2023 fiscal year of Engel, that ends in March, closed at a record high, with a turnover of 1.7 billion euros, confirming the group’s strategic direction. Engel surpassed last year’s turnover of 1.5 billion euros by 13%. “Closing at 1.7 billion euros, we reached the highest turnover in the company’s history...

The board of directors of Kem One announced the appointment of Paolo Barbieri as CEO and as a member of the board of directors as of 3 April 2023. He will succeed Laurent Lenoir who has served as interim CEO since June 2021 and will continue in his role as chairman of Kem One board of directors.

LyondellBasell and Mepol Group announced they have entered into a definitive agreement for LyondellBasell to acquire Mepol Group, manufacturer of recycled, high-performing technical compounds located in Italy and Poland, consisting of Mepol and its subsidiaries Polar and Industrial Technology Investments Poland.

For the Wittmann Group, the fiscal year 2022 was characterized on the one hand by a high order intake, which was well above average especially during the first half of the year. On the other hand, the tight situation regarding the supply of purchased parts, in particular electronic components, prevented the realization of an increase in sales over…

The Munich-based mechanical engineering group KraussMaffei responds to an increasingly challenging market environment with a worldwide adjustment and efficiency program, also including the reduction of several hundred positions in the non-production areas.

Daniel Kaiser, former Managing Director of DMG Mori, and Benedikt Ruf (on the left in the picture), Co-Founder, form the top management of the Gindumac Group as Co-CEOs and Managing Partners. In recent years, Gindumac has established itself as the leading online platform for used machinery in metal working, sheet metal and plastics processing.

In February 2023, Arburg celebrated the first three events marking "100 years of the Hehl family company". Regional guests, German and international customers and other associates closely involved in Arburg's success story were invited to the event in Lossburg. Celebrations that will also continue at the Anniversary Days...

With the beginning of 2023 the Hromatka Group has taken over the distribution for Victrex in the Benelux countries, as well as in Austria and Greece. With this move, the group not only expands its transnational network, but also brings Victrex, a world leader in PEEK polymer solutions, into its portfolio in the Alpine Republic...