International news

The Austrian Wittmann Group is restructuring its management. The business divisions Injection Molding Machines – Wittmann Battenfeld, based in Kottingbrunn – and Automation and Auxiliary Equipment – Wittmann Technology, based in Vienna – will be consolidated under...

Stefan Schönegger has been appointed Chief Technology Officer (CTO) of ABB Machine Automation (B&R). Holding a degree in Electronics & Business from the University of Applied Sciences Vienna and a postgraduate diploma in Renewable Energy Systems from the...

Sealed Air Corporation, leading global provider of food and protective packaging solutions, announced the completion of its previously announced acquisition by funds affiliated with CD&R (Clayton, Dubilier & Rice). Sealed Air is now a privately held company, and its shares have...

The Presidential and Nomination Committee of OMV Aktiengesellschaft decided to propose Emma Delaney to the plenary of the Supervisory Board for appointment as Chairwoman of the Executive Board and CEO, as of 1 September 2026, succeeding Alfred Stern. The term of the mandate is to be three years

With the rebranding of its former sales partner Roegele as Engel Spain, injection moulding machine manufacturer Engel is expanding its direct presence in the Spanish market. Since 1 April, the company has been represented in Spain by its own subsidiary. For local plastics processors, this...

OMV and XRG, Adnoc’s international investment arm, announced the successful formation of Borouge Group International, the fourth-largest polyolefins producer with premium products, pioneering technology and a global footprint. Borouge International has been formed by the combination of Borouge Plc and Borealis...

Syensqo announced the appointment of two new members to its Executive Leadership Team (ELT), together with a new Chief Strategy & Transformation Officer, further strengthening the company’s focus on accelerating growth and driving a high-performance culture. These appointments mark an...

Effective 1 April, Thomas Herrmann will transfer leadership of the management board to the current Chief Sales Officer, André Deponte. Herrmann will remain on the management board, focusing on driving the company’s innovation strategy. André Deponte has held key leadership roles within the company since...

Haitian International, one of the world’s largest manufacturers of plastic injection molding machines, reported continued growth for the financial year 2025. Revenue increased by 10% to 2.235 million euros (17,733.2 million RMB), while profit attributable to shareholders rose by 7.2% to 416 million euros...

EUPC (European Plastics Converters) has expressed concern over the energy crisis and the geopolitical tensions that are putting pressure on the European plastics supply chain. In a statement, the European association of plastics converters pointed out that the current escalation of geopolitical tensions in...

The Plastics Industry Association has released the Committee on Equipment Statistics (CES) report for the fourth quarter of 2025, which finds shipments of primary plastics machinery in North America rose for the third consecutive quarter, reaching an estimated 327 million dollars, up 7.8% from the...

Two Arburg products and two projects in which Arburg was involved with partners received awards in the prestigious “Product of the Year 2026” competition organised by the German trade magazines PolyFormNEXT and Industrial Production: The Allrounder Trend electric injection moulding machine, the Gestica lite control system and...

As of 1 January 2026, HB-Therm has appointed Arburg as a second distributor for its entire product range in Spain. With the headquarters of the Spanish subsidiary in Arganda del Rey, south-east of Madrid, and a further location in Montcada i Reixach (Barcelona), Arburg will further strengthen HB-Therm’s market presence in Spain...

Sabic announced the retirement of its CEO and Executive Member of the Board, Abdulrahman Al-Fageeh, who has been an instrumental figure in guiding the company through a crucial period of strategic optimization designed to ensure its long-term success and reinforce its role at the forefront of the...

At the meeting of the Executive Board of the VDMA Plastics and Rubber Machinery held on 5 March in Osterburken, two prominent figures who have shaped the committee for decades bid farewell: Ulrich Reifenhäuser, former CSO of Reifenhäuser and Rainer Zimmermann, CEO of AZO...

According to Cefic’s latest report on chemical industry trends in the fourth quarter of 2025, the sector’s competitiveness in Europe remains well below pre-crisis levels (the 2014-2019 average), driven by a combination of weak demand, global trade pressures and uncompetitive energy prices. This is particularly problematic for...

GPGI announced the appointment of 30-year company veteran Robert Domodossola as President and Chief Executive Officer of Husky Technologies, effective immediately. This strategic selection positions a proven leader to accelerate the company’s global growth and enhance operational excellence through...

In the 2025 business year, the Basf Group faced an uncertain and very volatile global market environment with considerable headwinds. “We therefore mainly focused on the things we can control within the framework of our “Winning Ways” strategy,” said Basf CEO Markus Kamieth presenting the...

In the 2025 fiscal year, Covestro achieved its Ebitda target despite a persistently challenging market environment. Volatile geopolitical dynamics, sustained weak global demand coupled with intense competitive pressure, and the impact of the fire at the Dormagen Chempark weighed heavily on the...

Following the retirement of long-standing Managing Director Colin Tirel, Steve Thomson took over the management of the British Arburg subsidiary in Warwick. The highly experienced professional was Sales Manager for Arburg since September 2024 and is committed to serving customers in...