Marketing

The president of PlasticsEurope, Patrick Thomas, CEO for Covestro, will be joined by Daniele Ferrari (left, in the photo) and Javier Constante, newly appointed as vice presidents of the European Association of Plastics Manufacturers. "We are delighted that both have accepted their appointments as new vice presidents of PlasticsEurope...

On January 8, the Alfagomma group, producer and distributor of industrial hydraulic hoses and fittings, acquired the entire capital stock of Hiflex Europe Group, British supplier of hose and tube assemblies for the international OEM market. Hiflex Europe brings revenues of 40 million euro to the Alfagomma group, and strengthens its position on the…

Having recently acquired Italian company TeMa, the Austrian family-run business Gabriel-Chemie is continuing its expansion into southern Europe. While Gabriel-Chemie previously held a number of key accounts in Italy, the new subsidiary means that the company can now adopt a nationwide approach to market...

Husky Injection Molding Systems announced the appointment of Jack Truong as president and COO, effective February 1, 2016. Truong was previously the president and CEO of Electrolux North America and Executive Vice President, AB Electrolux Group. “This is an exciting day for Husky,” said John Galt, CEO...

M&G Chemicals plans to increase the capacity of its Corpus Christi, Texas facility by over 100,000 tons of integrated PET, reaching the total amount of at least 1,100,000 tons of PET. PTA capacity will also be increased by the corresponding amount. The original capacity plan announced for Corpus Christi was 1,000,000 tons of PET and 1,200,000…

The organizers of Plast, Ipack-Ima, Meat Tech, Print4All (which encompasses Converflex and Grafitalia, in addition to digital printing) and Intra Logistica invite the press to a joint event being held on 10 February at MiCo - Milano Congressi, to unveil an important synergic project...

Husky Injection Molding Systems appointed the Italian Stefano Mirti as president of the hot runners and controllers business unit effective January 1, 2016. Mirti has been acting interim leader of the hot runners and controllers business since June 2015. “I am pleased to have Stefano lead the hot runners and controllers organization”, said...

Eraldo Peccetti, president of Colines, was awarded with the prestigious prize “Novara Citizen of the Year” 2016. This reward is assigned every year by the Novara City Council committee - composed of the major and of representatives of industrial and artisans associations, regional education department and media - to those citizens who...

A bonus of a few thousand euros and a posthumous thank you for the dedication shown at work. This is what 250 employees of Enoplastic, headquartered in Bodio Lomnago (Varese, Italy), received at the end of 2015 from Piero Macchi, who founded the company in 1957 and passed away last june at the age of 87. When he realized he...

On Saturday, January 16, Comerio Ercole commemorated the 72nd anniversary of the arrest and deportation of some of its workers to Mauthausen concentration camp. They were part of the company's board, and had refused to collaborate with occupying German troops. At the end of 1943...

Gefran Group announced a preliminary agreement for the sale of all rights and know how related to the technology of photovoltaic products to Rishabh Instruments, primary Indian group active in the design and manufacturing of measuring and control instruments. The transaction is in line with the objectives of the Gefran Group's business plan...

Onex Corporation and its affiliates announced they have agreed to sell KraussMaffei Group to China National Chemical Corporation for a cash enterprise value of 925 million euros. The transaction is expected to close in the first half of 2016 subject to customary closing conditions. The Onex Group made a 276 million euros investment in KraussMaffei…

The Piedmont-based manufacturer, Sandretto, currently present in 46 countries around the world from Europe to South America, the Middle East and Asia, is expanding its sales and customer assistance network to an additional 15 countries, including Great Britain, France, Mexico and Turkey. Its intention is to build a more diffused network in order…

The public area of the website www.assocomaplast.org has been renewed with graphics that recall the area reserved to the members of the Italian association of plastics and rubber processing machinery and ancillary equipment manufacturers.

Effective December 17, Azelis Group and Koda Distribution Group announce that the deal to acquire US-based KDG, is complete and has now closed following regulatory clearance. As of today, KDG is Azelis Americas and is led by Frank Bergonzi, CEO and president of Azelis Americas, and a member of the Azelis board of directors...

The analysis of Istat (the Italian institute of statistics) foreign trade data for the first three quarters of 2015 carried out by Assocomaplast (the Italian national trade association, member of Confindustria and numbering more than 160 associated companies) as compared to the same period in 2014 confirms the positive performance in both...

The Tüyap Fair, Convention and Congress Center in Istanbul provided the setting, from 3 to 6 December, for the twenty-fifth Plast Eurasia exhibition, which is Turkey’s leading event for the plastic materials and rubber sector. According to recent data issued by Pagev (one of the two industry associations in Turkey...

On December 11, 2015, the US-based leading companies Dow and DuPont announced the signing of an agreement giving birth to a giant worth 130 billion dollars, which will be named DowDuPont. During the 18-24 months following the closing of the merger, which is subject to regulatory approval and expected to be completed within the first half of...

On November 26, 2015 during the celebrations for the twentieth anniversary of the Italy’s National association for the technical, professional and specialist press (Anes), Promaplast (publisher of MacPlas) was awarded a prize along with other long-standing partners. Claudio Celata, the then CEO of Promaplast, had the foresight to become associated…

In China, both import and local ABS markets have hit the lowest levels since the beginning of 2012, when ChemOrbis China ABS Price Index was first launched. New prices emerged with fresh declines for December driven by lower production costs in Asia with respect to a month ago. Players also blamed muted demand heading to the year-end amidst a...