International news

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...

Expected Basf Group sales for the full year 2023 of 68,902 million euros are below the range of 73 billion to 76 billion euros forecasted by the company and below average analyst estimates for 2023 (70,579 million euros). Sales in 2022 amounted to 87,327 million euros...

After the German law firm AndresPartner, advisor for the sale of Kautex Maschinenbau, announced in recent days the transfer of the company under the control of the German subsidiary of a Chinese investor without providing further details on the identity of the latter, the German manufacturer itself has now announced that...

The Supervisory Board of the KraussMaffei Group has reorganized the management of the Group. The previous Chairman of the Supervisory Board, Chi Zhang, has been appointed as the new CEO with effect from January 10, 2024. The previous CEO, Yong Li, will take on the newly created position of...

Effective at the end of the Annual Shareholders’ Meeting on April 25, 2024, Markus Kamieth will take over as Chairman of the Board of Executive Directors of Basf. This was decided by the Supervisory Board in its meeting on December 20, 2023. Markus Kamieth has been a member of the...

As of 1 January 2024, Charlotte Röber has assumed the position of Managing Director for VinylPlus and the European Council of Vinyl Manufacturers (ECVM). In both positions, she succeeds Brigitte Dero. Charlotte has spent the last ten years at the European PVC Window Profiles and related...

On 12 December 2023, Eugen Hehl, Senior Partner of Arburg, passed away at the age of 94. In addition to his entrepreneurial vision, the trained master mechanic was recognised above all for his services to the development of global sales at Arburg and the company's construction infrastructure, as well as...

In industrial operations, workloads are typically high. At the same time, there are complex tasks that need to be completed on the side. Production of test specimens for new materials, sampling, process analysis and optimization. Unfortunately, there is often not enough time. The SKZ Plastics Center, institute based in...

Solvay has completed the spin-off its specialty activities to Syensqo, a pivotal moment in its rich history. This move marks a significant strategic shift for the Group, positioning it as a frontrunner in essential chemicals on a global scale. It prepares Solvay to enter a new stage of sustainable growth, sharpening its focus on...

NatureWorks, a leading manufacturer of polylactic acid (PLA) biopolymers made from renewable resources, announced the appointment of Erik Ripple as the company’s new President and Chief Executive Officer. Ripple will succeed interim President and CEO, Jill Zullo, who has served in the role since...

The masterbatch market in Asia has been a remarkable success story within the plastics industry. Over the last 15 years, the sector has been characterised by strong growth in most markets and the evolution of new products and market sectors. This was reported in the recent report Masterbatch Markets Asia 2023 published by AMI...

PETcore Europe announced that Roberto Bertaggia has been appointed as Executive Director as of 23 November 2023. He replaces Martin Stephan, who previously served in the role. Roberto Bertaggia has spent over 30 years of his career in managing both complex contractual sales and coordination roles...

Following its company philosophy, “Close to the customer,” European injection moulding manufacturer Engel will expand its production footprint by building a new multi-faceted facility in Mexico. The company's goal is to establish optimal sales, logistics, and production structures for each of the three major regions...

European Bioplastics (EUBP) announced that Stefan Barot stepped down as Chair and member of the Board of European Bioplastics. Until a successor will be elected, Mariagiovanna Vetere and Lars Börger will take the reins of EUBP as Acting Co- Chairs...

Global leader in the extrusion equipment and services sector, Davis-Standard announced that it had reached a definitive agreement to acquire the Extrusion Technology Group (ETG) from entities controlled by the Dutch Investor Nimbus. ETG’s operations span Europe, the United States, and Asia and includes...

After almost 90 years, the traditionally Munich-based company KraussMaffei moved its headquarters from Allach to Parsdorf. Covering 156,000 square meters, the new site brings together corporate headquarters, injection moulding, reaction process machinery, additive manufacturing, and mechanical production...

As of 1 October, the new CEO of REP is Hervé Revel. With 25 years seniority, Hervé Revel has held a number of different positions since joining the R&D department in 1998. He was for a time after-sales director before becoming director of the industrial and technical division and finally Chief Operating Officer...

Jörg Stech took over the management of KraussMaffei Injection Molding Machinery Emea. In this position, he will be responsible for the business of the division with a focus on Europe as well as the global development of the technology. After working for several years in Germany and abroad...

By acquiring a majority stake in the Garbe Automatisme, Sepro Group is cementing its position as a leading global supplier of automation solutions for plastics injection molders. The acquisition of Garbe and its 900 sqm operation will double automation capacity in France and increase Sepro’s global capacity by 20%...

The Supervisory Board of Borealis has accepted the decision of Lucrèce Foufopoulos-De Ridder, EVP Polyolefins, Circular Economy Solutions and Innovation & Technology to step down from her executive position at Borealis, and the Board of Borouge effective 31 December 2023 to pursue other career opportunities...