Marketing

A leading provider of innovative solutions in the fields of polyolefins and base chemicals, Borealis has announced a net profit of 313 million euros for the first quarter of 2017, compared to 255 million euros in the same quarter of 2016. The strong result was driven by continuing high margins in the polyolefins business and by an...

Weerg.com, the first e-commerce site that offers online CNC machining with free quotes in real time, inserts plastics, enriching its range of materials offered for the realization of parts and components. After the announcement of the internationalization strategy with the launch of the platform in English, the e-shop keeps expanding its horizons…

Basf completed the first quarter of 2017 with a considerable rise in sales and earnings compared to the same quarter of 2016. “BASF has had a good start to the year 2017”, said Kurt Bock, chairman of the board of executive directors of Basf. “The demand trends we observed over the course of 2016 continued in the first quarter of this...

The Shareholders’ Meeting of Gefran was held on April 20. Shareholders approved the company’s 2016 financial statements and appointed the members of the Board of Directors for the period 2017-2019: Ennio Franceschetti, Maria Chiara Franceschetti, Giovanna Franceschetti, Andrea Franceschetti, Alberto Bartoli, Daniele Piccolo, Monica Vecchiati,…

The M&G Chemicals resin-processing plant at Corpus Christi (Texas) is expected to be fully operational by mid-2017, creating up to 250 permanent jobs and manufacturing over a million tons of PET resin a year. “In December the general contractor for the project, Chemtex, hired Bay, to continue work...

Hundreds of international experts from well over 30 different countries gathered at the PVC 2017 triennial conference in Brighton (April 25-27) to discuss how the industry is rapidly adapting to regulatory and market pressures as well as to consumer’s demands. This was also the occasion to unveil European Plasticisers which builds on...

The Engel Group Austria, has appointed Markus Richter as CFO (Chief Financial Officer) with effect from May 1, 2017. He succeeds Klaus Siegmund, who left Engel in March.

Milacron Holdings announced the completion of another significant milestone in its India based operations - the manufacture, sale and delivery of the 12,501st injection moulding machine from the Ahmedabad, India manufacturing facility. On March 22, Milacron’s India manufacturing team presented its 12,501st India manufactured machine...

Preparations for K 2019 have begun. In its first meeting, the exhibitors’ council set the course for the world’s most significant trade fair for the plastics and rubber industries, which will take place from October 16 to 23, 2019 in Düsseldorf. The exhibitors’ council is made up of representatives from the exhibiting industries as well as the…

On April 19, Victrex announced that David Hummel has notified the board of his intention to retire after 24 years as CEO. The board is pleased to announce that Jakob Sigurdsson, the former CEO of Promens, who has more than 20 years' experience in diverse multinational companies, will join the company on September 1, 2017, as CEO designate...

Jindal Films Europe, a global leader in the development and manufacture of specialty films for the flexible packaging and labeling markets, is further expanding its metallizing capabilities at its site in Brindisi, Italy. The new metallizer will add a further 10,000 tons of metallization capacity with start-up expected in the second half of 2017...

Size reduction equipment specialist Rapid Granulator is making one of its biggest investments in decades to bring US production back under its full control. The company says this is a major move in its most important market. Rapid will begin in-house production of its full product range of equipment for granulating...

Ahead of the 2018 deadline, Negri Bossi has already obtained the certification of its quality system in conformity with the new ISO 9001 standards (issued in 2015), adopting a risk-based thinking approach in order to determine the factors that could make the quality control system and processes ineffective and to put in place the...

Victrex announced that it has acquired Zyex, operating in the manufacture of PEEK-based fibres, principally for the aerospace, automotive and industrial markets. The move further enables Victrex to offer differentiated PEEK-based solutions to open-up new markets, in line with its strategy. This is now strengthened with additional fibre...

Milacron Holdings and Sepro Group have reached an agreement that calls for Sepro to manufacture 3 and 5-axis robots to be sold with Milacron injection moulding machines throughout Europe. All robots are marketed under the Milacron brand name to equip its full range of injection...

Work-related accidents have marked a significant downturn in the recent years. The topic however, remains central, not only for general welfare policies but also in defining company’s growth strategy - a manufacturing system can be defined efficient and safe only if operators’ health and safety are non-negotiable values in the same...

While final preparations and team announcements continue for the Volvo Ocean Race 2017-2018, the event’s leadership team are working in parallel to map out the race’s future. The edition after this one, the fourteenth, will be contested in brand new One Design racing yachts designed by France’s Guillaume Verdier and built under the direction of…

Specialty chemicals company Lanxess continues to target growth. During the next three years, its business unit Advanced Industrial Intermediates will be investing some 100 million euros in expanding production facilities for chemical intermediates. Around 40 million euros each will be invested in the Leverkusen and Krefeld-Uerdingen sites in...

Solvay has signed a definitive agreement to sell its polyolefin cross-linkable compounds business in Italy to family-owned group Finproject. "Following Solvay's transformation, polyolefin cross-linkable compounds no longer fit within the portfolio of high-performance specialty polymers. Solvay has consistently grown...

ABB on April 4 announced the acquisition of B&R, the largest independent provider focused on product- and software-based, open-architecture solutions for machine and factory automation worldwide. B&R, founded in 1979 by Erwin Bernecker and Josef Rainer is headquartered in Eggelsberg, Austria, employs more than 3,000 people, including...