International news

  • 06 February 2025

    Hillenbrand sells majority stake in Milacron

    On 5 February, the US company Hillebrad entered into a definitive agreement to sell an ownership stake of approximately 51% in its Milacron injection moulding and extrusion business to an affiliate of Bain Capital for 287 million dollars. The Company will retain an ownership stake of approximately 49%...
  • 03 February 2025

    Trump's new tariffs worry the US plastics industry

    Plastics Industry Association expresses concern about new tariffs imposed by the Trump administration in recent days on products from Canada, Mexico and China. The plastics industry recognizes the importance of securing national borders and combating illegal drug trafficking to protect...
  • 31 January 2025

    An EU Compass to regain competitiveness

    The European Commission presented the “Competitiveness Compass”, the first major initiative of this mandate providing a strategic and clear framework to steer the Commission's work. The Compass sets a path for Europe to become the place where future technologies, services, and clean products are...
  • 29 January 2025

    Fest for Festo

    Festo celebrates its centenary creating added value for customers through innovation, which has been the driving force behind the family-owned company from the very beginning and remains the key to Festo's success today. With its constant determination to make people's work easier and thus increase efficiency...
  • 28 January 2025

    Europe remains at a competitive disadvantage

    With over 1.2 million of workers, 655 billion euros of turnover, and 10.2 billion euros of investments in research and innovation, the European chemical industry is a wealth generating sector of the economy and a major contributor to building a sustainable future for Europe...
  • 22 January 2025

    Nissei Plastics Industrial expands US headquarters

    Nissei Plastic Industrial, Japanese company headquartered in Nagano, Japan, has been strengthening its global production network. The factory expansion of its US production base in Texas, United States, is now complete, and the added building will be operational from February 2025. As a...
  • 21 January 2025

    Plastics production in Germany declining

    The decline in industrial production in the EU and especially in Germany led to a decline in demand for plastics from customer industries in the third quarter of 2024. The German plastics industry recorded a corresponding decline in economic indicators. According to the...
  • 20 January 2025

    Todd Elliott rejoins Celanese to lead Engineered Materials

    Celanese Corporation announced a new addition to its Executive Leadership Team. Todd Elliott, a proven executive who retired from Celanese in 2020 as Senior Vice President and head of the Acetyls business, will return to the Company as Senior Vice President to lead the Engineered Materials business, effective...
  • 17 January 2025

    New Netstal subsidiary in Mexico

    Netstal has founded its own subsidiary in Mexico for sales and customer service. The new company is based in Santiago de Querétaro and is taking over the existing employees and Netstal business operations of iTech Latinoamérica, which previously represented the brand in Mexico as...
  • 17 January 2025

    Hires and promotions at Plastics Industry Association

    The Plastics Industry Association has announced a series of new hires and promotions within its Executive Leadership Team, including Angela Mealy, joining Plastics Industry Association as Executive Director of NPE: The Plastics Show (organized by the association itself)...
  • 10 January 2025

    Husky's process automation awarded

    Husky Technologies has been awarded the 2024 Fedil Innovation Award in the Process category for its groundbreaking “Plate Line Automation” project. The Fedil Innovation Awards, conferred by Fedil, a Luxembourg-based multisectoral federation founded in 1918 and representing over...
  • 08 January 2025

    Covestro expands production in Ohio

    Covestro invests a low triple-digit million euro to expand its site in Hebron, Ohio, USA. It will construct multiple new production lines and infrastructure to manufacture customized polycarbonate compounds and blends and significantly expand its capacity in the Solutions & Specialties business for the American market...
  • 08 January 2025

    Key position changes at Brückner Group

    Helmut Huber, Managing Director of Sales and Project and Product Management at the German manufacturer of film extrusion lines Brückner Maschinenbau, retired at the end of 2024. Over his 33-year tenure, Huber played a pivotal role in the company's growth, serving in various positions including...
  • 17 December 2024

    Covestro appoints a new CCO

    The Supervisory Board of Covestro has unanimously appointed Monique Buch as company’s new Chief Commercial Officer (CCO). She is taking over from Sucheta Govil by 1 June 2025. Sucheta Govil has been Covestro CCO since 2019, and her two consecutive terms with...
  • 16 December 2024

    Engel expands Polish subsidiary TMA Automation

    The Engel Group subsidiary, TMA Automation, has begun construction of a modern office and production building in the immediate vicinity of Gdansk Airport in Poland. The background to the new building is the planned growth of TMA Automation: the workforce is to be doubled in the medium term, creating new...
  • 10 December 2024

    Celanese: COO appointed CEO

    The global chemical and specialty materials company, Celanese, announced that Scott Richardson, currently Celanese’s COO (Chief Operating Officer), has been appointed CEO (Chief Executive Officer) and will join the Company’s Board of Directors, effective January 1, 2025. Richardson will succeed...