International news

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...

The packaging value chain expresses serious concerns about the European Commission suggested approach on the packaging and packaging waste regulation review, to be presented on 30 November. Over 60 associations from the packaging value chain have issued a joint industry statement to express...

An independently managed investment subsidiary of Investindustrial Growth III SCSp has signed multiple agreements to create Arterex - a global provider of diversified manufacturing solutions to the medical device, healthcare and life-sciences industries - through the acquisitions of Formula Plastics, Kabo, Luc & Bel and ModenPlast in...

As part of the PolyVision Project launched in June 2022, EuPC starts to reorganize its structure in order to prepare the association for the future. EuPC will continue to support and represent the European plastics converting industry in this transition towards a full plastics circular economy. According to EuPC President Benoît Hennaut...

Plastics Europe announces an increase of 20% in the use of recycled plastics in new products in 2021 compared to 2020, according to its “Plastics - The Facts 2022” annual report, presented at the K 2022 Show. Consequently, the rate of recycled content in plastics products has reached almost 10%. This step ahead demonstrates...

Perstorp announced that it has been acquired by Petronas Chemicals Group Berhad (PCG), Malaysia´s leading integrated chemicals provider and part of Petronas Group, on 11 October 2022. In May this year, PCG signed a Securities Purchase Agreement with Financière Forêt, a company under PAI Partners, a European...

The expected production value for plastics and rubber machinery in Europe in 2022 will be - as in 2021 - around 15 billion euros. Looking at the trend of the last twelve years, however, a steady growth in production can be observed. This is also reflected in the development of the global demand for plastics. For the period...

Several European plastics converters are at risk due to the high energy prices. EuPC, the European association representing processing companies, has sounded the alarm at the continental level. Converters like many other energy-intensive industries, are shocked by the dramatic...

SABIC, a global leader in the chemical industry, will highlight its commitment to circular, sustainable solutions designed to eliminate plastic waste and support the shift to product electrification under its theme of “Making the change real” at this year’s K Show, the leading industry trade show for plastics and rubber...

At K 2022 Arburg is pursuing a clearly worded line of communication: "There is only a Plan A". "Plan A" conveys a commitment to making a contribution and presenting solutions for the important global issues of sustainability, the circular economy and CO2 reduction. With "Plan A", the Lossburg-based company is confirming...

In the fiscal year 2021, the Wittmann Group realized 376 million euros in sales, the third highest figure in its corporate history. The order intake figure even reached an all-time high. In spite of the supply chain problems preventing an even higher sales figure, the Wittmann Group is looking ahead with optimism. This optimism is also...