International news

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...

Azelis Group announced the appointment of Evy Hellinckx to succeed Anna Bertona as CEO of Azelis Emea when this latter will assume her new role as Group CEO on 1 January 2024. Evy Hellinckx has held strategic leadership roles within Azelis since 2016. In her current...

With its “Forward” action plan, special chemical company Lanxess counteracts the phase of weak economic development. This will initially save Lanxess around 100 million euros in 2023 through one-time cost reductions and lower investments. In addition, the group is positioning itself more efficiently and will permanently reduce its annual costs...

The Board of Directors of Azelis Group, a leading global innovation service provider in the specialty chemicals (and food ingredients) industry, has appointed Anna Bertona as new CEO, starting on 1 January 2024. She will succeed Hans Joachim Müller, who served more than ten years as group CEO and will retire at the end of the year...

More than 50 years of cooperation between H&K Müller and Arburg were crowned by the delivery of the company's 100th machine. The hydraulic Allrounder 420 C Golden Edition is equipped with a Multilift Select handling device and produces screw-top cans as well as measuring and dosing spoons for...

Ineos recently completed the formation of a 50/50 joint venture with Sinopec for the Tianjin Nangang Ethylene Project, announced in December 2022, which is currently under construction by Sinopec and expected to be on-stream by April 2024. The petrochemical complex includes...

Kautex Maschinenbau, specializing in the development and production of extrusion blow molding machines, with its German production site in Bonn, has been in insolvency in preliminary self-administration since August 25, 2023. The unrestricted continuation of operations is given. The operations site in...

LyondellBasell announced it has acquired a 50% stake in Stiphout Industries. Stiphout is involved in the sourcing and processing of post-consumer plastic packaging waste. The company operates a facility located in Montfort, the Netherlands, with an annual processing capacity equivalent to...

In charge of the European Green Deal from 1 December 2019, Frans Timmermans is leaving the European Commission, of which he was first vice-president since 2014, to run and campaign for the Dutch general elections scheduled for the autumn, called after the resignation of Prime Minister Frank Rutte a few days ago...

EU27 chemical production is expected to decline by about 8% in 2023 compared to the previous year, with no imminent recovery of chemical demand in Europe. This outlook applies to nearly all segments of the business, while consumer chemicals are more resilient. This is reported by Cefic, the...

Effective July 1, 2023, Jochen Pernsteiner has become the new Sales Director at Wittmann Battenfeld. In his capacity as Head of Sales, he succeeds Valentina Faloci, who held this position during the last four years. Following his technical training and subsequent study of sales engineering at the Mittweida University...