Marketing

The Brussels based association representing the entire PET value chain in Europe, Petcore Europe, increases its competence by welcoming twelve new members in 2019: Bandera, IFP Energies Nouvelles, Point Plastic, AFA Dispensing, Remondis PET Recycling, Cumapol, Retal Industries, PepsiCo, Mitsubishi Polyester Films, Suntory, Digimarc and Finat...

Basf generated sales of 62.7 billion euros last year. This represents an increase of 2% compared with the previous year. Income from operations (Ebit) before special items declined to 6.4 billion euros, compared with 7.6 billion euros in the previous year. This was mainly attributable to the Chemicals segment, which accounted for around two-thirds…

Covestro generated strong results in 2018 while challenges mounted throughout the year. Core volumes increased 1.6%, and Group sales rose by 3.4% to 14.6 billion euros. After a weaker fourth quarter, Covestro could not achieve earnings at the previous year’s levels, which were marked by an outstanding positive business environment. Despite the…

Renato Moretto, president and CEO of Moretto, gave 100,000 euros to support people and lands of Veneto affected by the exceptional gales, which took place during last autumn. A cheque for this sum was delivered into the hands of the President of the Veneto Region, Luca Zaia, on February 25, at the company’s headquarters in Massanzago, near Padua...

After the excellent results of the past edition, the Plast (the International exhibition for plastics and rubber industries) organizing secretariat announces the next three-year appointment for the event, which will take place from Tuesday, May 4 to Friday, May 7, 2021 at the Fiera Milano Rho-Pero fairgrounds, again together with The Innovation…

An agreement signed by Lehvoss Italia and Birla Carbon for the distribution, in the Italian market, of the products from Birla Carbon came into effect on January 1, 2019. With a turnover of 44.3 billion euros Birla Carbon, a company of the Indian group Aditya Birla, is one of the world’s largest manufacturers and suppliers of carbon black...

As of February 18, 2019, Reifenhäuser Group acquires Plamex Maschinenbau, Kelberg, a specialized supplier of blown film lines and extrusion components. Its core competences are blown film lines for water-cooled and biaxially oriented films for the medical and food packaging industry. The company will continue its operations under the name...

Through two new commercial operations in India and Brazil worth a total of 2.2 million euros and set up with the support of Sace Simest (the CDP Group’s centre for export and internationalisation), Colines has succeeded in strengthening its presence in the area of emerging or high-potential markets. These operations confirm and consolidate its...

Ten years: many or few? It depends, of course. So let's consider the "top five" companies with the highest capitalization listed on the New York Stock Exchange. In 2007 the ranking consisted of, in order, Exxon, PetroChina, Walmart, China Mobile and Procter & Gamble. In 2017 the situation had changed radically: first...

Leading purging compound producer, Aquapurge, gets 2019 underway with the launch of a brand new website. The new Aquapurge website features a wealth of case study information and new videos and customer testimonials. Founders and directors John Steadman and Richard Brayne-Nicholls are set to amplify the...

The President Director of Pertamina, Nicke Widyawati, and ENI CEO, Claudio Descalzi, in the presence of the Minister of Energy and Mineral Resources, Ignasius Jonan, signed a Memorandum of Understanding to investigates synergies of their respective technologies, expertises and know-how, for jointly evaluating new collaboration opportunities in the…

The Marangoni Group announced the acquisition of the majority shareholding in the South African tread maker Leader Rubber Company. The partnership between Leader Rubber and Marangoni has been ongoing for more than ten years and recently has been reinforced with the objective of further developing agreements with local retreaders and...

IMS Technologies announced a change in management. Luigi Magliocchi was appointed new group Chief Executive Officer. He succeeds Daniele Vaglietti who takes up his new role as Managing Director Sales and Marketing. Magliocchi previously worked as CEO at GDM in Milano, Italy. GDM is a worldwide leader...

A new partnership agreement will see international industrial solution provider Rieckermann representing Macchi and providing after-sales service in China, Indonesia, Malaysia, Philippines, Singapore, Thailand and Vietnam. The agreement, officially signed on January 21, 2019 at Macchi headquarters in...

On January 1, 2019, the Austrian Erema Group acquired 60% of the recycling machine manufacturer Plasmac to further expand its range of tailor-made plastic recycling solutions for in-house applications. The remaining 40% of the recycling machine manufacturer is owned by Syncro Group, a manufacturer in Italy that makes equipment for the blown film…

Eni and Adnoc signed on January 27 a share purchase agreement to enable Eni to acquire from Adnoc a 20% equity interest in Adnoc Refining. The signing of the agreement was witnessed by His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and Giuseppe Conte, the Italian…

With the unrelenting and extensive globalization of economy and the continuous adjustment of global industrial specialization, investment by countries including China in regions like Southeast Asia has been growing rapidly. In China, one of the largest manufacturing countries in the world, the central and western regions are under...

Grand groundbreaking ceremony of Wuxi Haitian’s new production base of middle to large injection moulding machines was held at the end of 2018. Zhang Jianfeng, President of Haitian Plastic Machinery Group, Suen Haojie, General Manager of Wuxi Haitian with nearly 200 staff representatives of Wuxi Haitian, and relevant department heads from...

A new holding company, called Pegaso Industries, has recently been founded to allow the coordinated management of five companies that, in less than 25 years, have succeeded in conquering the plastic processing machinery market. Indeed, 1994 was the year that saw the start of a venture that today links these five companies: the historical brand…

Digitalization is a key element of Basf’s new corporate strategy. The company has been addressing this topic for many years with great success. Since 2015, cross-divisional teams have explored the opportunities for the intelligent use of data and digital technologies, tested them in pilot projects and rolled them out in the company. Work in...