Marketing

Despite an environment characterised by many upheavals, specialty chemicals company Lanxess continues to grow on the Italian market. Sales in 2022 reached 296.4 million euros in Italy increasing by 31.4% compared to previous year's sales of 225.6 million euros.

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.

The Gefran Board of Directors, chaired by Maria Chiara Franceschetti, met in the company’s offices in Provaglio d’Iseo (Brescia, Italy) and approved the company’s draft Financial Statement, Consolidated Financial Statement and Non-Financial Consolidated Statement at 31 December 2022.

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...

Giovanni Rivi, founder of Rivi Magnetics, passed away on 14 February. In 1968 he created the company that bears his name, first operating in the ceramic sector and later, with the entry of the second generation and the expansion of its skills and capabilities, also in other industries, such as plastics, rubber, and sheet metal forming...

With effect from 1 April 2023, the supervisory board of Biesterfeld has appointed Stephan Glander as CEO of the Biesterfeld Group, a leading international distributor of plastics, rubber and specialty chemicals. Glander takes over from Thomas Arnold, who is...

The Gefran Board of Directors met in a session chaired by Maria Chiara Franceschetti in the company offices in Provaglio d’Iseo (Brescia, Italy) to examine the company preliminary results as of 31 December 2022. Revenues amounted to 134.4 million euros, an increase of 15.8 million euros (+13.3%) over 2021 revenues of 118.6 million euros...

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...

Since January 2023, WM Thermoforming Machines has started a collaboration with the equipment supplier Pentex as new sales representative in the United Kingdom and Ireland. The company succeeds HLI (Henry Lenox Industrial), which has represented WM in that area for the past 35 years...

Solvay confirms it is in advanced negotiations to divest its stake in Rusvinyl, an independent 50/50 joint venture in Russia, to its joint venture partner, Sibur. In addition to the recently obtained preliminary clearance from Russian governmental authorities, the potential...

RadiciGroup High Performance Polymers is participating in Plastindia, scheduled in New Delhi from 1 to 5 February, with its renewed industrial organization, which will soon be able to count on its new production plant now under construction in the city of Halol (State of Gujarat). The revamped organization has been made...

The European Composites Industry Association (EuCIA) is pleased to announce that Epoxy Europe, a sector group of Cefic representing European epoxy resin manufacturers, joined the association on 23 January. With the addition of this industry sector group, EuCIA builds a closer collaboration with...

In order to satisfy at the best the growing market demand, Binova, manufacturer of plants for the recycling and the production of compounds with corotating twin-screw extruders operating in Italy and in Europe, has invested in a new operational headquarters of approximately 2,000 square meters in the industrial area of...

As of January 2023, Tria introduces the short work week. For all employees of the company in Cologno Monzese (Milan) the working hours have been reduced from 40 to 36 hours per week without bringing down salaries.  Tria’s decision goes back to the lockdown in spring 2020, when the company introduced...

Founded in 2019 as a holding company for the coordinated management of Plastic Systems, Pet Solutions, Steel Systems, Blauwer, Ergomec and their respective international subsidiaries, Pegaso Industries recorded an aggregate turnover of over 100 million euros in 2022 and substantial orders on the book for 2023. Through...

Basf has appointed Achim Sties to lead the global plastic additives business unit effective January 1, 2023. The headquarters of this business will be in Singapore. Prior to his current role, Achim Sties was already heading the plastic additives business in Europe. He began his career with Basf in Ludwigshafen, Germany, in 2005 and...

Solvay announced the relocation of its headquarters from Neder-over-Heembeek to new facilities in Brussels, specifically designed and equipped to host the group’s research, innovation and administration activities. Located in the Brussels municipality of Haren, Solvay’s future headquarter site is equipped with...