Marketing

As part of a strategy to consolidate its position in the Surface Solutions sector, Oerlikon has announced that it will separate its Polymer Processing Solutions business. “In 2023, we managed short-term market headwinds and adverse currency effects and executed on our strategy”, said...

In a market environment shaped by economic uncertainty, Basf Group reported sales of 68.9 billion euros in the 2023 business year, compared with 87.3 billion euros in the previous year. This sales development was mainly driven by considerably lower prices and volumes...

Gerd Liebig announced that he is stepping down from the management board of Sumitomo (SHI) Demag on 31 August, 2024. After serving the injection moulding industry for 35 years, he will complete the planned company management transition, effective 1 September, 2024. In his nine years as Managing Director...

On the occasion of the annual press conference held in recent days, GKV (Gesamtverband Kunststoffverarbeitende Industrie), the German association of the plastics processing industry drew a mixed assessment of the past year. Over 2023, the plastics processing industry in Germany recorded...

LyondellBasell announced changes to its executive committee, which will be effective starting on March 1, 2024. Kimberly (Kim) Foley will assume the role of executive vice president, Global Olefins & Polyolefins (O&P), Refining and Supply Chain, and Aaron Ledet has been promoted to the role of executive vice president, Intermediates and…

Following the announcement at the Plast Focus fair in New Delhi (held from 1 to 5 February 2024), Frigosystem is going to open a new branch in Chennai, India, the capital of the local automotive industry overlooking the Bay of Bengal. This is the first branch of the Italian company on the Asian continent...

PiovanGroup acquires a majority stake in Nu-Vu Conair and consolidates its competitive position in India, one of the fastest growing markets in the industry. The acquisition of an additional 1% equity stake in Nu-Vu Conair Private allows PiovanGroup, to reach a collective 51% stake and capture growth in...

Jeannine Böhmer joined Syncro Group as new area sales manager. She brings more than 10 years of experience in the plastics equipment industry. “I am very excited to join Syncro Group and I’m looking forward to facing all the challenges and bringing remarkable results with...

Munich-based mechanical engineering group KraussMaffei is selling its Swiss subsidiary Netstal Maschinen to Krones, a long-standing Netstal customer that manufactures machines for filling and packaging beverages and liquid foods. The transaction having already been announced on 29 January, the purchase...

PiovanGroup launches a new strategic division in industrial and process cooling, the result of the integration of the business segments operated by the recently acquired Thermal Care and the existing Aquatech. The two companies share a 50-year history of designing, selling, and servicing high-quality heat transfer solutions for...

Luigi Bandera, the founder of the extrusion and recycling equipment manufacturer Bandera, will be inducted in the prestigious Plastics Hall of Fame for his long-lasting and significant contribution to the development of plastics extrusion technologies. The recognition is significant...

Davis-Standard, a global leader in the design and manufacturing of extrusion and converting technology, announced that it has completed the previously announced acquisition of Extrusion Technology Group (ETG). The acquisition includes three brands: battenfeld-cincinnati, exelliq, and Simplas. These additions...

Emmanuel Katrakis, who has served as EuRIC’s Secretary General since the association’s establishment in 2014, decided to step down as of March. Julia Blees, EuRIC’s Policy Director is poised to carry forward the association’s vision and mission, which is celebrating its momentous 10th anniversary this year...

To drive growth and expand the global market presence, Andrea Peruch (right) will assume the role of CEO of Oerlikon HRSflow. Following the new appointment, Antonio Bortuzzo (left) will become President of the company. "I am honoured to take on the role of President, overseeing strategy, business compliance...

In 2024, German mould-maker Hasco celebrates one hundred years of activity. German technological development in mould-making is closely associated with the name Hasco, founded in 1924 by Hugo Hasenclever, who produced the first tools for machining a then-new material: bakelite. The company's history...

Krones is close to sign an agreement regarding the acquisition of 100% of Netstal Maschinen from KraussMaffei. The final signing of the transaction is scheduled for beginning of February 2024. After signing the transaction is subject to approval under the relevant antitrust legislation. Krones expects the...

New entry in the Board of Directors of Radici Partecipazioni, the parent company overseeing all the Group's business activities in the chemicals, engineering polymers and advanced textile solutions sectors. He is Stefano Pigozzi a professional with proven experience in the chemical industry. Pigozzi appointment complements...

Borealis announced the appointment of Mirjam Mayer, previously Vice President Polyolefins Transformation, as Vice President Circular Economy Solutions as of 1 January 2024. In this position, she will be overlooking and managing Borealis’ entire Circular Economy Solutions (CES) value chain...

After two years venturing the North American market where Syncro Group USA is currently consolidating its new headquarters, Paolo Gasparotto, come back home in the new vest of Group Sales Director. In the new role he will secure all the six companies, complementary to each other, in the...

The Supervisory Board of Greiner has appointed Saori Dubourg as CEO effective March 1, 2024. Dubourg was most recently a member of the Board of Executive Directors at the listed chemicals group Basf from 2017 until early 2023. Saori Dubourg will succeed Axel Kühner, who left the company after 15 years at the end of last year...