Marketing

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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 automatic packing and packaging machines industry marks a historic milestone: in 2022, the industry recorded a total turnover of 8.537 billion euros, improving the previous record set in 2021 by 3.6%. Considering the 2019-2022 period overall, the industry's turnover has grown by approximately half a billion euros in...

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...

The annual meeting of Amaplast was held at the Ca' del Bosco winery in Erbusco (Brescia) on 28 June. During the meeting, Massimo Margaglione (Gefit) was elected new president of the Italian plastics and rubber processing machinery and moulds manufacturers association for the 2023-2025...

With total sales of 1,543 million euros, generated by over 30 production and sales units in Europe, Asia, and America, RadiciGroup closed its 2022 financial year with slight growth over 2021. Ebitda reached 157 million euros in 2022, and net income for the year was 80 million euros...

One of the world leading providers of advanced and circular polyolefin solutions and a European market leader in base chemicals, fertilizers and the mechanical recycling of plastics, Borealis, announced that it has signed an agreement to acquire Rialti, an Italian polypropylene compounder and recycler...

Effective May 2023, Francesco Motta is the new CEO of Marangoni Meccanica. He holds an MBA from China Europe International Business School, and a bachelor’s degree in mechanical engineering from Politecnico di Torino University, and brings a wealth of experience in general management, business strategy, sales and...

One of the largest manufacturer of polymer stabilizers in the world and global specialty chemicals player, Songwon Industrial has entered a distribution partnership with Krahn Italia for its business unit Coatings. Under the partnership agreement, Krahn Italia becomes the exclusive distributor for...

New governance and new board of directors for Sirmax Group, a company based in Cittadella (near Padua) specialising in the production of thermoplastic resins, led by President and CEO Massimo Pavin. In addition to Massimo Pavin himself and his brother Roberto (CFO) the new board, composed of five elements...

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...

Director of Trieu Vinh Technical Trading Limited Company, Thanh Pham Van Phuc has been chosen by Colines as its new agent for Vietnam. The aim of the new collaboration is to enhance the Colines presence in the market of the Asian country. Thanh brings with him a wealth of experience in the plastics industry...

One of the main international groups in the production of rubber, plastic and silicone products, Oldrati Group is continuing its expansion by inaugurating its second Turkish plant. Ten years after the opening of the first Oldrati Kauçuk plant in Bursa, the company has now completed a new plant in Eskisehir. The building...

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 Board of Directors of Piovan met today and approved the financial information as of March 31, 2023. In the first three months of this year, the Piovan Group's revenues amounted to 138.9 million euros, up 31.9 % from 105.3 million euros in the same period last year. Operating income amounted to...

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...

A manufacturer of rotomolding tools based in Bergamo, Persico announced the takeover of Precision Mold Services. Founded in 1999 in Blaine, Minnesota, the US company is a rotomolding mold maker with capabilities in both CNC mold manufacturing and mold revisions/maintenance/repairs. Following the...