International news

The Munich-based mechanical engineering group KraussMaffei responds to an increasingly challenging market environment with a worldwide adjustment and efficiency program, also including the reduction of several hundred positions in the non-production areas.

Daniel Kaiser, former Managing Director of DMG Mori, and Benedikt Ruf (on the left in the picture), Co-Founder, form the top management of the Gindumac Group as Co-CEOs and Managing Partners. In recent years, Gindumac has established itself as the leading online platform for used machinery in metal working, sheet metal and plastics processing.

In February 2023, Arburg celebrated the first three events marking "100 years of the Hehl family company". Regional guests, German and international customers and other associates closely involved in Arburg's success story were invited to the event in Lossburg. Celebrations that will also continue at the Anniversary Days...

With the beginning of 2023 the Hromatka Group has taken over the distribution for Victrex in the Benelux countries, as well as in Austria and Greece. With this move, the group not only expands its transnational network, but also brings Victrex, a world leader in PEEK polymer solutions, into its portfolio in the Alpine Republic...

Since January 2023, WM Thermoforming Machines has started a collaboration with the equipment supplier Pentex as new sales representative in the United Kingdom and Ireland. The company succeeds HLI (Henry Lenox Industrial), which has represented WM in that area for the past 35 years...

Solvay confirms it is in advanced negotiations to divest its stake in Rusvinyl, an independent 50/50 joint venture in Russia, to its joint venture partner, Sibur. In addition to the recently obtained preliminary clearance from Russian governmental authorities, the potential...

The European Composites Industry Association (EuCIA) is pleased to announce that Epoxy Europe, a sector group of Cefic representing European epoxy resin manufacturers, joined the association on 23 January. With the addition of this industry sector group, EuCIA builds a closer collaboration with...

Basf has appointed Achim Sties to lead the global plastic additives business unit effective January 1, 2023. The headquarters of this business will be in Singapore. Prior to his current role, Achim Sties was already heading the plastic additives business in Europe. He began his career with Basf in Ludwigshafen, Germany, in 2005 and...

Solvay announced the relocation of its headquarters from Neder-over-Heembeek to new facilities in Brussels, specifically designed and equipped to host the group’s research, innovation and administration activities. Located in the Brussels municipality of Haren, Solvay’s future headquarter site is equipped with...

Remo Heusi is appointed as the new Vice President Global Service to lead and further develop the strategically important global service business of the Netstal Group. As a member of the Executive Board of Netstal Maschinen AG, he will report directly to Renzo Davatz, CEO of Netstal and...

2023 for Arburg started in the name of an important anniversary. The German manufacturer of Injection moulding machines, 3D printers and robots, this year celebrates hundred years of activity and industrial history. Therefore, to celebrate a century of life worthily, the Technology Days, event that annually...

Alexandra Coffey was appointed Senior Sustainability Manager of the KraussMaffei Group on January 1, 2023. She reports directly to the Management Board. Coffey comes from the Schörghuber Group, where she was also responsible for sustainability. Her thematic focus areas are...

The supply situation improves for European flexible slabstock polyurethane foams even if prices of raw materials remain historically high. This was reported by the European association Europur, representing the producers of these semi-finished products, according to which, even though gas prices in Europe have...

As part of the "Herrmann Cares", the 2022 Christmas donation of 10,000 euros will go to the non-profit organization The Ocean Cleanup to remove plastic waste from the oceans. “With our ultrasonics welding technology, we can contribute to a functioning circular economy. But we know that many plastic products are...

Maag Pump Systems has acquired Witte Pumps & Technology, founded in 1984 and based in Tornesch, Germany. Witte Pumps & Technology develops and manufactures gear pumps and provides aftermarket parts and services for the chemical, plastic and polymer processing, food and beverage, and pharmaceutical industries...

Capital outlay of some 11 million euro sees Engel strengthen its robot production at the Dietach location in Austria. Production, logistics, apprentice workshop and office building will be expanded and modernised in two construction phases. Building work starts in May 2023. This capital expenditure sees...

November 29, 2022, marked the beginning of a new era for KraussMaffei: as planned, on this day the Group took delivery of the keys to its new plant and corporate headquarters in Parsdorf (Germany) from the project developer VGP. Not only does this mark the start of one of the largest relocation projects in the greater...

On 2 December 2022, ABB officially opened its state-of-the-art, fully automated and flexible robotics factory in Kangqiao, Shanghai, China. The 67,000 m2 production and research facility represents a 150 million dollars investment by ABB and will deploy the company’s digital and automation technologies to manufacture...

At its November 29 meeting, the KraussMaffei Group Supervisory Board acknowledged with approval CEO Michael Ruf's personal request not to extend his contract, which expires at the end of March 2023, and named Li Yong as his successor. Since 2018, KraussMaffei Group has been part of KraussMaffei Company Limited, a...

Songwon Industrial announced today that it has appointed Hans Werhonig as Leader Group Commercial and a member of Songwon’s Executive Committee from 1 December 2022. Reporting directly to the Group CEO, Werhonig will spearhead Songwon’s strategy and be responsible for the...